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February 19, 2026Management and Organization Review2 citations

Chinese Multinational Enterprises in a New Reality: Advancing International Business Theory

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FCFang Lee CookeMBMaoliang BuJLJeoung Yul Lee

Key Points

  • The paper aims to explore the growth of Chinese multinational enterprises (CMNEs) against the backdrop of technological and geopolitical changes, and their implications for international business (IB) theory.
  • Reviewed key theoretical perspectives on CMNEs
  • Outlined challenges faced by CMNEs in international expansion
  • Summarized insights from eight related research papers
  • Discussed the implications of sanctions and geopolitical tensions
  • Highlighted future research directions concerning CMNE strategies
  • Identified significant opportunities for broader international business research
  • Noted challenges posed by trade wars and geopolitical issues
  • Emphasized the importance of technological and ideological distances in strategy development
  • Summarized theoretical insights relevant to CMNEs' growth and internationalization

Abstract

Abstract This introduction paper for our special issue on Chinese multinational enterprises (CMNEs) situates the important theme of CMNE growth within the context of rapid technological innovation, intensified geopolitical tensions, and trade wars in the global business environment of the mid-2020s. Using this context as a backdrop, we discuss the growth of CMNEs to derive implications for international business (IB) theory. We review key theoretical perspectives that inform prior research on CMNEs and outline the key challenges confronting CMNEs’ international expansion, as gauged against prior research. We summarize key theoretical insights from the eight papers included in this special issue. We then illustrate how future research can be informed by an explicit consideration of the international sanctions and geopolitical tensions in which CMNEs operate, as well as by the growing technological, linguistic, and ideological distance between China and European and North American countries, which influences CMNEs’ international strategies. We conclude by noting that at this critical juncture in CMNEs’ development, there are substantial opportunities for the IB community to broaden research and challenge existing theories by capturing the latest trends in the international expansion of CMNEs.

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Cite This Study

Cooke et al. (2025) studied this question.

synapsesocial.com/papers/6996a80aecb39a600b3ee60ahttps://doi.org/10.1017/mor.2026.10125
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