Christian Milelli, Françoise Hay and Yunnan Shi
Among emerging countries' foreign direct investment (FDI) in Europe, the Chinese and the Indian ones are the more relevant. Therefore, the paper focuses on Chinese and Indian…
Abstract
Purpose
Among emerging countries' foreign direct investment (FDI) in Europe, the Chinese and the Indian ones are the more relevant. Therefore, the paper focuses on Chinese and Indian affiliates in Europe, with a twofold purpose: to shed light on their characteristics and behaviour and to analyse some policy issues in the EU stemming from their arrival to Europe.
Design/methodology/approach
First, the paper presents a review of the literature; second, it performs a qualitative analysis on the basis of a proprietary dataset. It then pinpoints the salient features of the Chinese and the Indian firms across Europe. Lastly, it focuses on the impacts of their operations on the European economies, and it concludes by a discussion on policy matters.
Findings
Four main results stand out. First, the arrival of Chinese and Indian firms in Europe is linked to home country constraints. Second, large European countries are the most favoured destinations. Third, market access is the main attraction factor for Chinese and Indian firms coming to Europe. Fourth, the sectoral distribution of investments by Chinese and Indian companies reflects for a large part the comparative advantage of their home country.
Originality/value
By taking into consideration data at a micro level, the paper gives a deeper view on FDI beyond the current ideas on the subject. It provides valuable insights on the behaviour of Chinese and Indian investors in Europe at a micro‐level. Furthermore, it explores a sensitive issue which is connected to the impacts on the European economies.
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Peter Gammeltoft, Jaya Prakash Pradhan and Andrea Goldstein
The purpose of this paper is to present a framework for analyzing home and host country determinants and outcomes of emerging multinationals (EMNCs).
Abstract
Purpose
The purpose of this paper is to present a framework for analyzing home and host country determinants and outcomes of emerging multinationals (EMNCs).
Design/methodology/approach
The paper applies a conceptual approach combined with analyses of statistics and secondary material.
Findings
The paper identifies changing trends and features of outward foreign direct investment (OFDI) from emerging economies and identifies in particular differences between outflows from Brazil, Russia, India, and China (BRIC).
Originality/value
The paper puts forward a framework for analyzing determinants and outcomes of structures and strategies of multinational companies from emerging economies and surveys contemporary trends and features of outward FDI from these economies.
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Xiaomei Jiang, Shuo Wang, Wenjian Liu and Yun Yang
Traditional Chinese medicine (TCM) prescriptions have always relied on the experience of TCM doctors, and machine learning(ML) provides a technical means for learning these…
Abstract
Purpose
Traditional Chinese medicine (TCM) prescriptions have always relied on the experience of TCM doctors, and machine learning(ML) provides a technical means for learning these experiences and intelligently assists in prescribing. However, in TCM prescription, there are the main (Jun) herb and the auxiliary (Chen, Zuo and Shi) herb collocations. In a prescription, the types of auxiliary herbs are often more than the main herb and the auxiliary herbs often appear in other prescriptions. This leads to different frequencies of different herbs in prescriptions, namely, imbalanced labels (herbs). As a result, the existing ML algorithms are biased, and it is difficult to predict the main herb with less frequency in the actual prediction and poor performance. In order to solve the impact of this problem, this paper proposes a framework for multi-label traditional Chinese medicine (ML-TCM) based on multi-label resampling.
Design/methodology/approach
In this work, a multi-label learning framework is proposed that adopts and compares the multi-label random resampling (MLROS), multi-label synthesized resampling (MLSMOTE) and multi-label synthesized resampling based on local label imbalance (MLSOL), three multi-label oversampling techniques to rebalance the TCM data.
Findings
The experimental results show that after resampling, the less frequent but important herbs can be predicted more accurately. The MLSOL method is shown to be the best with over 10% improvements on average because it balances the data by considering both features and labels when resampling.
Originality/value
The authors first systematically analyzed the label imbalance problem of different sampling methods in the field of TCM and provide a solution. And through the experimental results analysis, the authors proved the feasibility of this method, which can improve the performance by 10%−30% compared with the state-of-the-art methods.
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Qiongwei Ye and Baojun Ma
Internet + and Electronic Business in China is a comprehensive resource that provides insight and analysis into E-commerce in China and how it has revolutionized and continues to…
Abstract
Internet + and Electronic Business in China is a comprehensive resource that provides insight and analysis into E-commerce in China and how it has revolutionized and continues to revolutionize business and society. Split into four distinct sections, the book first lays out the theoretical foundations and fundamental concepts of E-Business before moving on to look at internet+ innovation models and their applications in different industries such as agriculture, finance and commerce. The book then provides a comprehensive analysis of E-business platforms and their applications in China before finishing with four comprehensive case studies of major E-business projects, providing readers with successful examples of implementing E-Business entrepreneurship projects.
Internet + and Electronic Business in China is a comprehensive resource that provides insights and analysis into how E-commerce has revolutionized and continues to revolutionize business and society in China.
Meine Pieter van Dijk and Hao Li
The paper analyzes the adaptive behavior of farmers in the Yunnan province of China, where drought is occurring more frequently. We focus on the experiences with adaptation to…
Abstract
Purpose
The paper analyzes the adaptive behavior of farmers in the Yunnan province of China, where drought is occurring more frequently. We focus on the experiences with adaptation to climate change by farmers in the rural areas of China.
Methodology/approach
The research is based on a survey and a number of in-depth interviews of key stakeholders in a drought-stricken region.
Findings
Where the government is not always coming forward, the farmers take initiatives to adapt to the new situation of drought. Different mechanisms are being used, some linked to government policies and subsidies, other initiatives are initiated by the farmers themselves, individually or in small groups.
Research implications
More research on the livelihood strategies is necessary to better understand what these strategies mean for the household income and hence for the survival chances of poor households.
Practical implications
Climate change encourages local actors to play a role in drought adaptation, developing policies for mitigating the consequences of drought, trying to create water markets and involving local companies and water user associations. The research suggests stimulating the initiatives of the farmers and to create an enabling environment for them.
Social implications
Without government policies we will see growing inequalities in the rural areas of China.
Originality/value
We studied how in the case of drought farmers react to adapt to the new reality. Different adaptation strategies are distinguished and their relation to different government policies is established. We observed that farmers find their own solutions and create their own governance structures to assure for example supply of additional water to their fields.
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Yaojie Zhang, Yu Wei and Benshan Shi
The purpose of this paper is to develop a loan insurance pricing model allowing for the skewness and kurtosis existing in underlying asset returns.
Abstract
Purpose
The purpose of this paper is to develop a loan insurance pricing model allowing for the skewness and kurtosis existing in underlying asset returns.
Design/methodology/approach
Using the theory of Gram-Charlier option, the authors first derive a closed-form solution of the Gram-Charlier pricing model. To address the difficulties in implementing the pricing model, the authors subsequently propose an iterative method to estimate skewness and kurtosis in practical application, which shows a relatively fast convergence rate in the empirical test.
Findings
Not only the theoretical analysis but also the empirical evidence shows that the effects of skewness and kurtosis on loan insurance premium tend to be negative and positive, respectively. Furthermore, the actual values of skewness and kurtosis are usually negative and positive, respectively, which leads to the empirical result that the pricing model ignoring skewness and kurtosis substantially underestimates loan insurance premium.
Originality/value
This paper proposes a loan insurance pricing model considering the skewness and kurtosis of asset returns, in which the authors use the theory of Gram-Charlier option. More importantly, the authors further propose a novel iterative method to estimate skewness and kurtosis in practical application. The empirical evidence suggests that the Gram-Charlier pricing model captures the information content of skewness and kurtosis.
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Xiaonan Zhang, Sanyuan Shi, Hongyu Zhao, Man Lu and Xuguang Li
This paper aims to first analyze the reasons of a brick-wooden building tilts in Yunnan province in China. Then, a jacking method which combines the stress release methods and the…
Abstract
Purpose
This paper aims to first analyze the reasons of a brick-wooden building tilts in Yunnan province in China. Then, a jacking method which combines the stress release methods and the excavation of stress release trench were put forward.
Design/methodology/approach
This method uses the anchor static pile to guarantee the safety of the building in the process of rectifying.
Findings
The practice showed that the inclination rate of the building was stable in the process of jacking, which proved the efficiency of the proposed method.
Originality/value
It has a great value for similar rectification projects, and for the protection of cultural heritage and ancient buildings have a positive effect.
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Xin Chen and Yingxi Liu
In Chinese libraries, short video platforms have emerged as a channel for new media marketing. Thus, this study aims to explore libraries’ communication influence on China’s…
Abstract
Purpose
In Chinese libraries, short video platforms have emerged as a channel for new media marketing. Thus, this study aims to explore libraries’ communication influence on China’s largest short video platform, that is, Douyin (the Chinese version of Tiktok), and to provide corresponding suggestions for improvement of libraries’ communication influence in the short video platform.
Design/methodology/approach
Based on the Douyin Communication Index (DCI), this paper collects the top 200 library Douyin accounts of cultural reading in China and uses statistical and content analyses to evaluate the communication influence of library Douyin accounts.
Findings
Study findings show that libraries of various types and in various regions currently have an unbalanced development trend, with public libraries accounting for the vast majority and nearly half of the libraries located in China’s eastern region. Analysis of variance shows differences in the influence of Douyin communication among library types. Correlation analysis shows that indicators with a high correlation with DCI include the number of new works, likes, shares, and comments. In marketing content, the library’s high-impact short videos have characteristics of value, interest, and emotional touch.
Originality/value
This study uses a hybrid research method to explore Chinese libraries’ communication influence using the Douyin short video platform. Compared to other parts of the world, short videos in Chinese libraries have unique characteristics. They are rooted in China’s history and reality, showcasing the unique charm of Chinese library culture and serving as a unique reference for library marketing activities around the world.
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Xiaolei Wang, Xiaonan Zhang, Sanyuan Shi and Libo Liu
Combining with an instance of rectification and reinforcement of a brick-concrete structure house in the Yunnan province, a comprehensive landing method was proposed. The building…
Abstract
Combining with an instance of rectification and reinforcement of a brick-concrete structure house in the Yunnan province, a comprehensive landing method was proposed. The building was reinforced, for the existing problems, on the basis of the analysis of the building tilt reasons. In order to ensure building safety in the process of rectifying inclination, the anchor static pile was used. The result showed that the inclination rate of the building returned to 3 % from 14.4 %, which proves the effectiveness of the proposed method.
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Chengfang Liu, Linxiu Zhang, Yaojiang Shi, Huan ZHOU, Alexis Medina and Scott Rozelle
Many public health systems have struggled with the dual questions of (1) why the uptake rate of maternal health services is low among some subpopulations; and (2) how to raise it…
Abstract
Purpose
Many public health systems have struggled with the dual questions of (1) why the uptake rate of maternal health services is low among some subpopulations; and (2) how to raise it. The objective of this study is to assess the uptake rate of a new set of maternal health services in poor rural areas of China.
Design/methodology/approach
The analysis is based on the survey responses of women’s representatives and village cadres from almost 1000 villages in June 2012 as part of a wide-scale public health survey in Sichuan, Gansu and Yunnan provinces in the western part of China.
Findings
We find that the uptake rate of maternal health services (including in-hospital delivery, antenatal care visits and post-partum care visits) in poor rural areas of western China are far below average in China, and that the rates vary across provinces and ethnic groups. Our analyses demonstrate that distance, income, ethnicity and availability appear to be systematically correlated with low uptake rates of all maternal health services. Demand-side factors seem to be by far the most important sources of the differences between subpopulations. We also find that there is potential for creating a Conditional Cash Transfer program to improve the usage of maternal health services.
Originality/value
We believe that our results will contribute positively to the exploration of answers to the dual questions that many public health systems have struggled with (1) why the uptake rate of maternal health services is low among some subpopulations; and (2) how to raise it.