Korean MNCs' Business Network in China and Governance Structure
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Abstract
In this paper, the trends of the Korean MNCs’(Multinational Corporations) cross－border business networking in China is examined. With this, it is discussed its relevance to regional governance drawing up the MNCs and Korean and Chinese government. Korean MNCs are growing faster than other country’s ones despite their later－mover position. Rather than the government’s intervention, their own decisions for multinationalization and policy making due to the goals of their global management is firstly considered. Actually, it is appeared that more vital factor for measuring the Korean MNCs’ entry and success in China is the changes in recently in the Chinese government’s policies on foreign investment. Finally, it is pointed that the enlargement of capital inflows through MNCs’ investment in Northeast Asia is doubtless a true, but it is not automatically guaranteed the strengthening of the Northeast Asian community building and of economic integration of the region. For the regional integration in Northeast Asia, the competitiveness of each government in the region will be ranged in an equal row with the massive support from the people in each country.
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