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China's impact on the global wind power industry

Chinas Einfluss auf die globale Windenergieindustrie
[journal article]

Lema, Rasmus
Berger, Axel
Schmitz, Hubert

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


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© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.