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China's impact on the global wind power industry
Chinas Einfluss auf die globale Windenergieindustrie
[journal article]
Abstract China’s economic rise has transformed the global economy in a number of manufacturing
industries. This paper investigates whether China’s transformative influence extends
to the new green economy. Drawing on the debate about how China is driving major economic
changes in the wor... view more
China’s economic rise has transformed the global economy in a number of manufacturing
industries. This paper investigates whether China’s transformative influence extends
to the new green economy. Drawing on the debate about how China is driving major economic
changes in the world – the “Asian drivers” debate – it identifies five corridors of
influence and investigates their relevance for the wind energy industries. Starting
with the demand side, it suggests that the size and rapid growth of the Chinese market
have a major influence on competitive parameters in the global wind power industry.
While Western firms have found ways of participating in the growth of the Chinese
market, the government’s procurement regimes benefit Chinese firms. The latter have
invested heavily and learned fast, accumulating production capabilities that have
led to changes in the global pecking order of lead firms. While the combined impact
of Chinese market and production power is already visible, other influences are beginning
to be felt – arising from China’s coordination, innovation and financing power.... view less
Keywords
energy technology; Far East; energy policy; innovation; investment; energy industry; opening up of markets; globalization; energy production; enterprise; wind energy; China; ecology
Classification
Economic Sectors
International Relations, International Politics, Foreign Affairs, Development Policy
Economic Policy
Method
applied research; descriptive study; empirical; quantitative empirical
Free Keywords
global value chain; Asian drivers; coordination power; economic power
Document language
English
Publication Year
2013
Page/Pages
p. 37-69
Journal
Journal of Current Chinese Affairs, 42 (2013) 1
Issue topic
Chinese impacts and impacting China
ISSN
1868-4874
Status
Published Version; peer reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works