Juergen Simon

Survey on Activities of Swiss Manufacturing Companies in China with special focus on M&A Juergen Simon

Diplomarbeit, die am 05.05.2003 erfolgreich an einer Fachhochschule in Schweiz im Fachbereich Wirtschaft eingereicht wurde. Summary: Throughout the past three years, China has become the number one country for investment, attracting more foreign direct investment than the USA. New laws allow foreign companies to acquire Chinese enterprises. Through telephone interviews the authors collected information on the current activities and future plans of 37 Swiss manufacturing companies in China. How do traditionally export-oriented manufacturing companies see this situation? What are their strategies? Do they consider Mergers & Acquistion (M&A) as a strategic option? The paper shows the results of a survey on the China activities of Swiss manufacturing companies up to 4000 employees, conducted by two students of the University of Applied Sciences Northwestern Switzerland in 2003. Table of Contents: |LIST OF GRAPHS|I |ACRONYMS AND ABBREVIATIONS|II |ACKNOWLEDGEMENTS|III |EXECUTIVE SUMMARY|IV |INTRODUCTION|1 1.|Goal of the survey|1 2.|Structure of the paper|1 I.|GENERAL PART|3 1.|Foreign Investment Forms in China|3 2.|FDI - New way to introduce Foreign fund in China|5 3.|Definition of Mergers & Acquisition (M&A)|6 4.|Competitiveness of Manufacturing Industry|7 4.1|Home base - Switzerland|7 4.2|Manufacturing Industry in China|8 4.3|Trade of the Swiss manufacturing industry with China|9 II.|SURVEY PART|12 1.|Methodology|12 2.|Sample Profile of Swiss Manufacturing Companies|14 2.1|How we defined our sample|14 2.2|Definition our sample companies|15 2.3|Profile of the interviewed companies|15 |SURVEY A - INDUSTRY OVERVIEW|23 1.|Legal forms|23 2.|Importance of the business in China|25 3.|Business activities in China|25 4.|Years active in China|26 5.|Profitability of investment in China|28 6.|Expansion plan in China for the coming 5 years|28 7.|Summary of Survey A - Industry overview|31 |SURVEY B - CHINA STRATEGY