Varieties of the Regulatory State and Global Companies: The Case of China

This paper uses a dynamic regulatory perspective to examine how the Chinese government has changed its roles of governance and relationships with global companies. Obviously, the changes would depend on the type, scope, power, and other case-by-case intricacies of global companies. Using statistics across the hundred largest global companies, this chapter explores the central tendency and relationship between regulators and global companies in China. As the evidence tends to suggest, in no respect can China's regulatory choices be looked upon as the regulatory state in the literature. The regulatory tactics of the Chinese government have merely allowed it to utilize the professional/technical expertise of the more well-established and/or credible foreign actors and regulators. When talking about long-term national goals or interests, the Chinese government has never compromised them. This edition first published 2013