China in Malaysia: State-Business Relations and the New Order of Investment Flows

This book explores state-state relations and new forms of state business relations in Malaysia due to China's foreign direct investments in the industrial sector. It adopts a novel framework to analyze these relationships and identifies a major shift in structural power towards China's large multinational state-owned enterprises. A well-constructed institutional architecture is necessary for effective industrial development in Malaysia and other Southeast Asian countries.

Format: Paperback / softback
Length: 116 pages
Publication date: 27 July 2021
Publisher: Springer Verlag, Singapore

This comprehensive book delves into the intricate dynamics of state-state relations and the emerging trends in state business relations fueled by China's increasing foreign direct investments in Malaysia. Through in-depth case studies focused on investments in the industrial sector, the book adopts a novel framework to analyze these diverse types of state-business interactions. It reveals the intricate negotiations between key actors, resulting in a range of outcomes that reflect the complex power dynamics and state cohesiveness in each case. The book identifies a significant shift in structural power as China's large multinational state-owned enterprises (SOEs) increasingly invest in Malaysia, highlighting the need for a well-constructed institutional architecture in both Malaysia and other Southeast Asian countries to harness foreign investments for effective industrial development.

The rise of China's foreign direct investments in Malaysia has brought about a transformative shift in the state-business relations within the region. This book examines the various manifestations of these new relationships, ranging from investments in the industrial sector to complex negotiations between key actors. By adopting a novel framework, the book provides a comprehensive analysis of these state-business interactions, highlighting the diverse outcomes that reflect the complex power dynamics and state cohesiveness in each case.

One of the key findings of the book is the significant shift in structural power that has occurred as a result of China's investments in Malaysia. The large multinational state-owned enterprises (SOEs) from China have become major players in the Malaysian economy, exerting considerable influence over local businesses and institutions. This has led to a reevaluation of the power dynamics in the region, with Malaysia increasingly relying on China for economic development and investment.

However, the book also emphasizes the need for a well-constructed institutional architecture to promote effective industrial development in Malaysia and other Southeast Asian countries. The success of China's investments in the industrial sector has been attributed to its strong government institutions and regulatory framework, which have provided a stable environment for business operations. It is crucial for other Southeast Asian countries to emulate these practices to attract foreign investments and foster economic growth.

In addition to the analysis of state-business relations, the book also explores the broader implications of China's investments in the region. It discusses the potential impact on regional security, trade, and the political landscape, highlighting the need for proactive measures to manage the risks and benefits of China's presence. The book also raises important questions about the role of the state in promoting economic development and the challenges faced by developing countries in navigating the complex web of international relations.

Overall, this book provides a valuable contribution to the study of state-state relations and state business relations in the context of China's investments in Malaysia. It offers a comprehensive analysis of the various trends and developments that have emerged, highlighting the need for a nuanced and proactive approach to managing the complex relationships between states and businesses in the region.

Weight: 182g
Dimension: 148 x 209 x 11 (mm)
ISBN-13: 9789811553356
Edition number: 1st ed. 2020