Multinational corporations are the double-edged sword.doc

 PAGE \* MERGEFORMAT 11 Multinational corporations are the double-edged sword Comrade Deng Xiaoping’s southern tour in 1992, ten years after the speech, a large number of multinational companies to enter China to become an important phenomenon in Chinese society. Today, multinational companies in China’s export-oriented economy has occupied a great share of the world’s top 500 business giants already more than 400 foot in China. In China, creating a continuous 10 years of rapid economic growth of the miracle, many multinational companies obviously contributed. However, the Chinese government, scholars and the general public’s understanding of transnational corporations have experienced a tortuous process. In the era of ultra-leftist, it is used according to the demarcation of class and ideology, multinational corporations will naturally be regarded as aggression against capitalist exploitation and economic tools. Even after the reform and opening up the early stages of multinational corporations into China, people are still skeptical look at these ‘uninvited guests’ in the controversy and concern in coming to meet with them. Till then, multinational corporations by virtue of its global and China’s economic achievements, as well as their modern ideas, high performance and advanced management thinking is gradually winning the Chinese people welcome. The original concerns about their economic success have been gradually replaced by the expectations of the original arguments have gradually turned to a positive side. Although the initial stages of multinationals to enter China, the number of researchers to remind people that for a developing country like China, the entry of TNCs will be a double-edged sword. However, in society as a whole are keen on the background of rapid economic development, people saw more of the impact of transnational corporations, the positive side. In fact, large-scale multinational corporations into China a decade, but also China has