China's national oil companies going global and coming home: State-firm nexus, global financial networks, and geopolitical risks
文献类型:期刊论文
作者 | Guo, Yue1,2; Poon, Jessie3; Wang, Chang4; Yang, Yu1,2,5 |
刊名 | GEOFORUM
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出版日期 | 2023-11-01 |
卷号 | 146页码:11 |
关键词 | National oil company Globalization Global financial networks Global production networks State-firm nexus Geopolitical risks |
ISSN号 | 0016-7185 |
DOI | 10.1016/j.geoforum.2023.103880 |
通讯作者 | Yang, Yu(yangyu@igsnrr.ac.cn) |
英文摘要 | Both the "going global" strategy and the Belt and Road Initiative have prompted Chinese companies to carry out overseas investment and global financing. China's three major national oil companies (NOCs), China National Petroleum Corporation (CNPC), China Petrochemical Corporation (Sinopec), and China National Offshore Oil Corporation (CNOOC) have pursued "modernization through globalization" while balancing profitability and national energy security. This paper attempts to shed some light on NOCs' going global process by integrating global production networks' (GPNs) extra-firm (state-firm) relations and global financial networks' (GFNs) emphasis on world cities and financial and advanced business services providers. Going global, however, has also increased NOCs' geopolitical risks, resulting in a retreat from the financial centers of world cities and a return home. This paper contributes to the GPN/GFN literature by examining the interactions between lead firms from developing economies and extra-firm actors while also emphasizing the increasing significance of geopolitical risks. |
WOS关键词 | HONG-KONG ; ENERGY FINANCE ; POLICY ; GLOBALIZATION ; INVESTMENT ; RESOURCES ; CITIES ; POWER |
资助项目 | National Natural Science Foundation of China[72348003] ; National Natural Science Foundation of China[42022007] ; National Natural Science Foundation of China[42130712] ; Science and Technology Foundation of State Grid Corporation of China[SGTJZF00FZJS2210020] |
WOS研究方向 | Geography |
语种 | 英语 |
WOS记录号 | WOS:001097370900001 |
出版者 | PERGAMON-ELSEVIER SCIENCE LTD |
资助机构 | National Natural Science Foundation of China ; Science and Technology Foundation of State Grid Corporation of China |
源URL | [http://ir.igsnrr.ac.cn/handle/311030/200544] ![]() |
专题 | 中国科学院地理科学与资源研究所 |
通讯作者 | Yang, Yu |
作者单位 | 1.Chinese Acad Sci, Inst Geog Sci & Nat Resources Res, Key Lab Reg Sustainable Dev Modeling, Beijing 100101, Peoples R China 2.Univ Chinese Acad Sci, Coll Resources & Environm, Beijing 100049, Peoples R China 3.Univ Buffalo SUNY, Dept Geog, Buffalo, NY 14261 USA 4.Fudan Univ, Sch Econ, Shanghai 200433, Peoples R China 5.Inst Strategy Res Guangdong Hong Kong & Macao Grea, Guangzhou 510006, Peoples R China |
推荐引用方式 GB/T 7714 | Guo, Yue,Poon, Jessie,Wang, Chang,et al. China's national oil companies going global and coming home: State-firm nexus, global financial networks, and geopolitical risks[J]. GEOFORUM,2023,146:11. |
APA | Guo, Yue,Poon, Jessie,Wang, Chang,&Yang, Yu.(2023).China's national oil companies going global and coming home: State-firm nexus, global financial networks, and geopolitical risks.GEOFORUM,146,11. |
MLA | Guo, Yue,et al."China's national oil companies going global and coming home: State-firm nexus, global financial networks, and geopolitical risks".GEOFORUM 146(2023):11. |
入库方式: OAI收割
来源:地理科学与资源研究所
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