- 1. Ivana Casaburi ESADE ESADE
2. 2014 5 ICBC 7 9 13 15 18 26 37 43 45 48 54 59 61 63 68 75 3.
2014 6 4. 2014 7 5. 2014 8 ESADE ESADEgeo Cuatre- casas ESADE
Barcelona Activa Javier Solana ESADEgeo ESADE 6. 2014 9 7. 18,000
177 2000 33 2012 3 6 29 89 500 IED OFCEU 2012 267.68 0.67% 73.3%
700 2011 2012 2012 76.57 122 ICBC 60 12,000 Ivana Casaburi ESADE
ESADE 2014 10 8. 2014 11 9. Ivana Casaburi ESADE Adrin BlancoESADE
2014 12 10. 2014 13 11. . 1.1 1.2 1.3 1.4 1. GDP 2. 3. 4. 5. 6.GDP
7. 8. 9.2012 1. 2. 500 3. 4. . . . . . 2014 14 12. 1.1. 1979 1 31
32 GDP ,GDP 2020 2013 500 2 89 13 3 2.1% GDP 11% 2014 15 UNCTAD2013
1. GDP 1.2012 2030 China 2030, Building a modern, harmonious, and
creative society 2. 3. 2012 13. 2017 132 1164 5 2012 50 43 6 7 100
2 1.7 8 2002 2010 CLU 2.4 9 10 2010 2013 7.7% 14 middle income trap
2014 16 4.http://epi.yale.edu/ 5.The Chinese Financial System. An
Introduction and Over- viewDouglas J. ElliottKai Yan2013
6.http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20130530000024&cid=1202
7.Chinas New Income Inequality Reform Plan and Implications for
Rebalancing2013 8.2030 China 2030, Building a modern, harmonious,
and creative society2012
9.http://www.economist.com/news/special-report/21569570-growing-number-ameri-
can-companies-are-moving-their-manufacturing-back-united 10.La
Repblica Popular China y Amrica Latina y el Caribe.Dilogo y
cooperacin ante los nuevos desafos de la economa globalCEPAL2013
GDP 1 2 + 3 UNCTADFMIWEO2013 1 14. 7.5% 11 GDP SOEs 2011 3 12 2015
GDP 2.2% 3.3 2006 2012 11 FMI2013 2. 2014 17 11.WEOFMI2013 12.2011
2015 15. 1.2. 1979 UNCTAD13 80 36 90 232 80 8 90 CNOOC 2000 2003
2001 2005 2005 2010 2004 IBM 80 14 15 16 2006 2000 2000 2009 2,189
1980 2009 0.007% 2.1% 1980 2012 13 GDP UNCTAD 17 31 18 53 100 2009
7.5% 19 3,400 high growth market 2012 100 20 2014 18 13. 14. 15.
16. 17. 18. 16. 500 2005 16 2013 89 2013 89 8 8 3 7 21 2011 13,500
177 18,000 120 888,000 4,247.8 1,418.4 33.4%1,706.5 40.2% 1,122.9
26.4% 2012 2011 840 22 1,680 201023 2020 1 2 2,500 5,000 1.
UNCTAD2013 3. TNCs 2014 19 19. 20.Resetting the Compass:Navigating
success in deal-making for mature marker sellers and high growth
market buyers2013 21.2011 Statistical Bulletin of Chinas Outward
Foreign Direct Investment 22.2013 World Investment Report 20132013
23. China invest in EuropePatters, Impacts and policy implications
2012 17. 2014 20 2 2013 500 500 1 (4) 428,2 2 (5) 408,6 3 (7) 298,4
4 (29) ICBC 133,6 5 (50) 113,4 6 (64) 103,5 7 (70) 98,4 8 (71) 96,9
9 (76) 94 10 (80) 90,6 11 (93) 83,5 12 (100) 77,2 13 (102) 76,7 14
(103) 76,2 15 (111) 73,7 16 (119) 71,8 17 (134) 66,7 18 (141) 64,9
19 (146) 61,7 20 (161) 58,1 21 (172) 55,4 22 (178) 54,5 23 (181)
53,2 24 (182) 53,4 25 (187) 52,4 26 (192) 51,8 27 (196) 50,9 28
(212) 48 29 (242) 47,4 30 (213) 47,3 31 (222) 45,7 32 (231) 44,3 33
(243) 43,1 34 (256) 40,8 35 (258) 40,6 36 (266) 39,6 37 (269) 39,3
38 (273) 38,8 39 (277) 38,4 40 (292) 37,2 41 (299) 36,8 42 (302)
36,8 43 (311) 35,3 44 (315) 34,9 45 (318) 34,6 46 (319) 34,5 47
(322) 34,3 48 (326) 34 49 (328) 33,9 50 (329) 33,9 500 2013 18.
FMI2012 OANDA 5. 4. 2014 21 19. 2. 2012 3.3 61.2% 24.2% 4% 3.3%
7.3% 24 3. 2011 2015 2015 17% 1,500 100 25 4. 2010 20%23% 40%26 5.
OFCs 2014 22 24. A World of Known Unknowns:A Closer Look at the
Allocation of Chinas Foreign Exchange Reserves2013 25.Mofcom
identifies the major tasks and priorities for foreign investment
during the 12th year plan period 26.Chinas Impact on World
Commodity MarketsIMF2012 27.Remar- ks in the 3rd conference of
commending the outstanding builders of Chinese characteristic
socialism in the prvate sectorPeoples Daily2009
28.2013http://www.forbes.com/sites/innovator-
sdna/2013/08/14/how-we-rank-the-worlds-most-innovative-companies-2013/
29.2030 China 2030, Building a modern, harmonious, and creative
society2012 6. 65% 75% 27 30 28 / 2008 29 20. . 1,000 8 MOFCOM30
SAFE31 (NDRC)32 33 (PCB)34 (CSCR)35 (SASAC)36 CDB 2014 23
30.www.english.mofcom.gov.cn 31.www.safe.gov.cn 32.en.ndrc.gov.cn
33.www.english.mofcom.gov.cn 34.www.pbc.gov.cn/
35.www.csrc.gov.cn/pub/csrc_en 36.www.sasac.gov.cn/ 21. . Alexandre
Ibez Bordes CUATRECASASGONALVES PEREIRA 2008 5 5 2014 24 22. 2014
25 . 1.2004 OECD IMF ) 2.MOFCOM Eurostat 3. 4. OFCs 5.roundtripping
OFCs 37 6. 1997 38 2011 36.3% 42.1% 39 88% MOFCOM Eurostat Zephyr
37.Round-Tripping Foreign Direct Investment in the Peoples Republic
of China:Scale, Causes and ImplicationsGeng Xiao2004 38. 39.2011
External Direct Investments Statistics of Hong Kong 20112012 23.
2014 26 1.3. 27 27 2013 44 2,000 45 46 20 6 GDP 17.2 16.7 8.9 40
5.01 GDP 34,500 41 27 42 43 2023 47 FMI 6. GDP 40.2013 41.The World
FackbookCIA2012 42.UNCTAD2013 43.2013 44.IMD IMD World
Competitiveness YearbookIMD2011 45.2013 46.2013 47.China in
innovation challenge to EuropeFinancial Times2013 24. 2012 9 10 48
49 2012 4,337 10%50 20% 0.67%51 CIC52 2011 60 2009 EFSF53 39 54
BAIC Saab 100% 13 2.1% 0.67%267.68 50,000 2 IMB 38.2% 201255
NAFTA56 ASEAN57 MOFCOM58 2011 244.5 2014 27 48. 49.Trade and
economic relations with China2012 50. 51. 52. 53. 54.China: less
America, more Europe2011 25. 2014 28 5.8% 3,034.34 71.4% 551.71 13%
86% 92% 5.8%3.8% 3.2%2.8% MOFCOM 2011 4,247.8 24.01 15.31 8 6.65
4.75 4.49 3.89 Eurostat MOFCOM 267.68 0.67% Eurostat2001 6.38 41 90
110 37 40 28 20 25 30% 37.23 25.3 2011 2012 7. 2011
55.UNCTAD2012/12/31 56. 57. 58.2011 Statistical Bulletin of Chinas
Outward Foreign Direct InvestmentMOFCOM2012 59. 26. 59 2003 1 2013
9 771 41% 16%6.9% 4.9% Eurostat2013 8. 2014 29 3.2011 % % 1 261,518
61,5 1 7082 29 2 29261 6,9 2 3723 15,2 3 21629 5,1 3 2530 10,3 4
11041 2,6 4 2401 9,8 5 10603 2,5 5 1531 6,3 6 8993 2,1 6 665 2,7 7
7082 1,7 7 475 1,9 8 4060 1,0 8 449 1,8 9 3763 0,9 9 389 1,6 10
3728 0,9 10 201 0,8 11 3723 0,9 11 167 0,7 12 2858 0,7 12 157 0,6
13 2676 0,7 13 140 0,6 14 2530 0,6 14 125 0,5 15 2401 0,6 15 109
0,4 16 48852 11,5 16 4306 17,6 MOFCOM2011 2012 27. 2014 30 4. 2401
321 66 3724 53 33 2531 124 60 449 36 25 389 38 6 665 33 20 1531 19
12 201 26 3 141 20 7 25 9 5 49 8 5 5 1 31 5 33 4 157 10 2 69 13 3
126 26 1 475 22 5 26 0 7082 1 8 1 73 13 2 5 0 4 0 1 1 0 1 7 1 3 0
20211 771 270 MOFCOM2011/12/31 2003/1 2013/9 2001/1 2013/7 GDP Nc
28. 10 2001 2013 7 270 2011 66 60 33 25 19 12 60 67 10 6 20 100%
100% 60% 2012 Eurostat2012 76.5760 2012 2011 2012 30 61 2012 77%
31% 62 2013 2012 3,797 122 13% 2010 115 3% 4,619 63 2012 64 3.6
Putzmeister Kie- kert 1,100 Beemster Vastgoed Sonia Rykiel Mediom
2012 Fastweb Spa 29.9% 7 2014 31 60.Eurostat2014 1
61.http://epp.eurostat.ec.europa.eu/tgm/table.do?tab=table&init=1&language=en&pcode=te-
c00048&plugin=1 62.Europe 2013.Coping with the crisis, the
European way2013 63.E&Y European Attractiveness Survey2013 64.
2011 155 2012 90 29. . Javier Santiso Javier CapapESADE- geo
ESADEgeo KPMG Invest in Spain/ ICEX65 2013 3.3 CIC SAFE NSSF 531.1
180.2 66 34% 67 CIC CIC - CIC 2013 3 NSSF SAFE CIC SAFE CIC SAFE
2012 12 SAFE 100 210 SAFE SAFE IPIC SAFE CIC CIC 100% CIC 2007
6,000 115 2 SAFE CIC Affinity Water CIC CIC Eutelsat 2014 34 65.
www.esadegeo.com/global-economy 66.2014CICSAFE2007 2013 NSSFCADF
SAFECIC 67. Koch-Wesser Haacke2013CIC 30. 2014 35 3.076 2.8 BP
1.989 1.52 1.245 1.11 956 UPP Group 885 596 587 585 532 522 516 509
498 16 Drapers Gardens 440 Affinity Water 200 107 * 23,277 5 SAFE
ESADEgeo 2014* 2012/12/31SAFE 31. CIC 20 2012 - 5 CIC NPRF Summit
Bridge Capital 5,000 3 15 2014 36 3.150 1.989 1.000 981 Apax
Corporation 960 730 / Eutelsat 490 450 420 400 / 370 300 100 * 100
** 80 11.520 6. ESADEgeo 2013* **2013 32. 1.4. spillovers 50,000
400 10 COSCO Cubigel EDP CNOOC Unocal Chinalco CIFIUS OCDE 68 44
OCDE 2001OMC 60 69 7 20 34 44 73 2014 37 68.OCDE2010 69.2013 Doing
Business 2013 33. CIFIUS 27 27 2009 12 2012 9 1980 125 BITs - 26
19862009 20062002 2006 1985 1994 2006 2010 20051993 1993 19871997
19972009 2004 1989 2008 2009 2007 1995 1987 2010 1986 OCDE20130 1
9. 2012 2014 38 34. . David HhnKPMG China Desk 30 2011 IED 10 2012
1,200 880 70 2007 2008 71 72 2014 39 70UNCTAD2013 71. 2013 5
Interbrand 2013 72. 2013 35. - Analysis of Chinas overseas
investment. H. Wenbin y A. Wilkes, Center for International
Forestry Research (CIFOR), 2011. - A World of Known Unknowns: A
Closer Look at the Allocation of Chinas Foreign Exchange Reserves.
Pe- terson Institute, 2013. - China deals. A fresh perspective.
PriceWaterHouse- Coopers (PWC), 2012. - China Going Global
Investment Index. Economist Intelligence Unit (EIU), 2013. - China
in innovation challenge to Europe. Financial Times, 2013. - China
invest in Europe: Patterns, Impacts and Poli- cy Implications.
Hanemann y Rosen, Rodhium Group, 2012. - China: less America, more
Europe. Standard Chate- red Global Research, 2011. - China outbound
direct investment. China Business Insight, 2013. - Chinese direct
investment in the EU: a tsunami or a drop in the ocean?. Duncan
Freeman, 2012. - Chinese overseas direct investment in the European
Union. Clegg y Voss, ECRAN, 2012. - Chinese Outbound Investment in
the European Union. European Chamber, KPMG and Roland Berger. 2013.
- China 2030, Building a modern, harmonious and creative society.
World Bank, 2012. - Chinas Global Investment Rises: The US Should
Fo- cus on Competition. The Heritage Foundation, 2013. - Chinas
Impact on World Commodity Markets. Inter- national Monetary Fund
(IMF), 2012. - Chinas New Income Inequality Reform Plan and Im-
plications for Rebalancing. US-China Economic and Security Review
Commission, 2013. -El XII Plan Quinquenal de la Repblica Popular
China (2011-2015). Oficina Econmica y Comercial de Espa- a en
Shanghai, 2013. - Euro China investment report 2011-2012. Zhang,
Yang y Van Den Bulcke, Antwerp Management School, 2012 - Europe
2013. Coping with the crisis, the European way. Ernst & Young
Attractiveness Survey, 2013. - External Direct Investment
Statistics of Hong Kong 2011. Census and Statistics Department Hong
Kong Special Administrative Region, 2012. - Fondos Soberanos 2013.
ESADE, KPMG e Invest in Spain, 2012. - La Repblica Popular China y
Amrica Latina y el Caribe. Dilogo y cooperacin ante los nuevos
desa- fos de la economa global. Comisin Econmica para Amrica Latina
(CEPAL), 2013. - Resetting the Compass: Navigating success in
deal-making for mature marker sellers and high grow- th market
buyers. PriceWaterHouseCoopers (PWC), 2013. - Round-Tripping
Foreign Direct Investment in the Peoples Republic of China: Scale,
Causes and Implica- tions. Geng Xiao, 2004. - Survey on current
conditions and intention of out- bound investment by Chinese
enterprises. China Council for the Promotion of International
Trade, 2010 - The China Financial System. An Introduction and
Overview. Douglas J. Elliott y Kai Yan. Brookings, 2013. - The
scramble for Europe, Godement, Parello-Ples- ner y Richard,
European Council on Foreign Relations, 2011 - Trade and economic
relations with China. European Parliament, 2012. - 2011 Statistical
Bulletin of Chinas Outward Foreign Direct Investment. China
Statistic Press, 2012. - World Competitiveness Yearbook. IMD, 2011.
- World Economic Outlook. International Monetary Fund (IMF), 2013.
- World Investment Report. United Trade Conference for Trade and
Development (UNCTAD). 2013. 2014 40 36. 2014 41 37. Ana Corts Adrin
BlancoESADE 2014 42 38. 20142014 43 39. . 2.1. 2.2. 2.3.ICBC 1.
2014 44 40. 2.1. 1897 1949 RPC PBCPBC 93% 1978 BOC CCB ABC 1979
ICBC 1984 PBC 90 90 BOCCCBABC ICBC ABC CCR 1994 PBC 1997 70 80 90
PBC 2001 2003 2006 CBRC 2006 2013 49 95 BBVA CCB 8% 20% La Caixa
12.5% 2014 45 41. 1 GDP 128% 48%2 1949 1981 1981 1991 1991 1997
1997 30 GDP 41% 243%3 1990 100 50 10 1.2 8,000 6.2% A B B 2012 GDP
44% 4 1.2 GDP 14% 4.8 GDP 30%5 1999 GDP 5.1% 240%6 90 2015 GDP 10%7
CBRC 2007 5 6,000 2010 7.8 1 8 shadowbanking 2014 46 1.
2.ChinaRaising Concerns About the Build-up of Financial Risks in
the EconomyLaurent Godin2012 12 4 3.Chinas bond market2013 4.2013
5. Estadsticas nacionales de China2012 6.London and the
world:Chinese financial institutions2012 7.More mayor reforms on
the way for Chinas asset management industry2013 8.Testimony before
the US-China Economic and Security Review Commission, Chinas
banking system and access to creditCarl E. Walter2013 3 7 42. 2014
47 2014 1 43. 2012 9 PBC CBRC II CSRC 10 CSRCCBRC SAFE CSRC NDRC
2.2. BOC CDBEXIM Bank CCBABC ICBC BOC BOC 1912 20 20 1994 Shanghi
Stock Exchange Hong Kong Stock Exchange IPO 1300 11 67.5% 12 2012
2014 48 9. Peoples Republic China: financial System Stability
Assessment2011 10. 44. 2010 CDB CDB 1994 CDB NPL 1% 8,000 7 8,490
CDB 4,000 1.6 2,600 CNPC CDB CDB 2,245 5%13 2007 CDB 22 3.1% CDB 40
101 638 EXIM Bank CDB 1994 1.9 3,090 CDB 2014 49
11.http://www.relbanks.com/worlds-top-banks/market-cap 12.Chinas
Banking System: Issues for CongressMichael F. Martin2012
13.http://www.chinasourcingblog.org/2010/07/how-china-exim-bank-and-china.html
45. BID 10 CCB 1954 1996 1979 2,000 14 2.27 2005 30 10% 2013 2006
1912 CCB 12 13,000 ABC ABC 1979 1951 2010 13.2 2.1 3.2 24,000 12.6%
1.3% 2012 500 84 1000 5 1987 2005 CITIC 80 2000 300 2006 BBVA 2013
5.1% 2007 700 () 120 19 80 2,800 88,000 5 8,130 100 2005 HSBC 19.9%
10 2014 50 46. 2014 51 47. 2014 52 48. 2014 53 49. 2.3.ICBC ICBC
1985 ICBC 2013 2000 30,627.08 4.7 39 4.11 460 2006 SSE 219 2013 9
0.91% 10.59% A/ A1/ 7,400 1992 20 39 388 1700 2005 2012 1.15 2
12.03 5,000 1.45 5,000 2014 54 50. 2011 2012 2010 1,370 2012 2,180
ADIF 5,000 Cubigel ZTE / Maxam Mango Mango The Precious Mirror of
the Illumined Mind Moments to improve the cultural commu- nication
between the two countriesThe Precious Mirror of the Illumined Mind
16 Juan Cobo Moments to improve the cultural communication between
the two countries 50 70% 2013 1,130 4,680 2012 2014 2014 55 51. -
China: Raising Concerns About the Build-up of Finan- cial Risks in
the Economy. Laurent Godin, 2012. - Chinas Banking System: Issues
for Congress. Martin, 2012. - Chinas bond market. Goldman Sachs
Asset Manage- ment, 2013 . - Estadsticas nacionales de China.
National Bureau of Statistics of the Peoples Republic of China,
2012. - Improving Financial Regulatory Coordination Mecha- nism to
Promote Sound Development of the Financial Sector. Hu Xiaolian,
2011. -La historia del rgimen de tipo de cambio de RMB. Fan Yang,
2005. - London and the world: Chinese financial institutions.
Savills World Research, 2012. - Macro control de la evolucin de la
poltica monetaria de China desde 1984.ChaolinWu, 2006. - More mayor
reforms on the way for Chinas asset ma- nagement industry. Peter
Pak, China Daily, 2013. - Peoples Republic China: financial System
Stability As- sessment. International Monetary Fund (IMF), 2011. -
Testimony before the US-China Economic and Securi- ty Review
Commission, Chinas banking system and ac- cess to credit. Carl E.
Walter, 2013. - The US Bond Market May Be Much Different Than You
Think It Is. Kurt Shrout, 2013. 2014 56 52. 2014 57 53. Ivana
Casaburi , ESADE 2014 58 54. 2014 59 55. . 3.1 3.2 3.3 3.4 3.4.1.
3.4.2. Cubigel 3.4.3. 1. 2. 3. 4. 1. 2. 3. 4. 2014 60 56. 3.1. 2005
2009 2011 1 + 2 2005 APPRI3 1992 4 5 2000 2005 4,200 2006 2012 4.64
GDP 26 0.5%6 4 3 7 1 5.1% CCB9.9% CIFH35%8 Criteria 15% 9 2011 600
10-11 1812 2012 1.07 12 70 60% 40% 13 2000 33 0.4% 2012 12 1.7%
2014 61 1.China: marco institucional de las relaciones bilaterales
2. 2013
3.http://www.comercio.gob.es/es-ES/inversiones-exteriores/acuerdos-internacionales/acuer-
dos-promocion-proteccion-reciproca-inversiones-appris/PDF/lista-appri-vigor/CHINA.pdf
4.http://www.boe.es/buscar/doc.php?id=BOE-A-1992-14734 5. 6.2000
2012 7. 2000 2012 8. 9. 10.Las relaciones econmicas y comerciales
Espaa China2011 11.Flujos de inversin Espaa-China 12.2013 6 13. 57.
2000 9 2.8% 2012 3 6.9%14 5,000 2013 211,200 2013 0.33%1,300 800
900,000 500,000 201250.8%15 39 16 2013 2014 Datacomex2012 1. 2014
62 14. 15. 16.La imagen de Espaa en ChinaEmma Gonzlez2012 58. 2.34
HN 24% 4,000 17 3 18 500 2012 4.09 2005 65 60 0.003% 2012 2.2% 2011
7,700 591 3.2.- 2010 2.43 19 2012 6 4.86 20 2013 6 5.188 37 0.13%21
2. 2014 63
17.http://cincodias.com/cincodias/2014/03/19/empresas/1395231051_700207.html
18. 1993 19. 2011/12/31 20. 2012/12/31 21. 2013 6 1993 59. 87.7%22
55.5% 22.3% 10% 100 HC Energa 97% 2.81 1.13 Cu- bigel MOF- COM 2011
3.8931 1.6% 0.09% 923 57 24 38 36 321 124 94 53 10 2003 2013 10.15
9 29 38 1,500 4 25 18 2.33 900 7 6 ESADE 26 60 27 23 28 2729 8 1.3%
2013 7.5% 30 2012 6 CIC 3.85 Eutelsat 7% 2014 64 22. 2000 2012
23.MOFCOM 24.2003 1 2013 9 25.2009 8 2013 8 26.ESADE 2014 4 30
27.The awakening of investment by Chinese companies in Spain and
EuropeESADEgeo I. Casaburi A. Blanco2013
28.http://www.chinadaily.com.cn/business/2011-11/01/content_14016063.htm
29.http://online.wsj.com/article/SB10001424052970204464404577114471370252452.html
30.http://cincodias.com/cincodias/2013/05/23/empresas/1369339670_099565.html
60. 2014 65 1 ESADE 2014 4 1 2 3 4 5 6 ANTAI TRADING S.L. 7 AUSOME
CANDIES EUROPE S.L. 8 9 10 11 CAMPOFRIO 12 13 14 15 16 17 18 CITIC
CENSA 19 20 21 22 23 24 25 26 EARLINYOU S.L. 27 28 GOLDBRIDGE
BRUDER S.A. 29 30 GREE SPAIN CORPORATION S.L. 31 32 HISENSE
Electronic Iberia S.L 33 NH 24% 34 35 36 37 38 39 40 41 42 43 44 45
46 47 OP-POWER / Eopply New Energy Technology 48 49 50 51 52 SIU
FASHION S.L. 53 54 LED 55 56 57 Vita Green Europa S.A. 58 WOLSS
SUNRAIN SOLAR ENERGY 59 YINGLI GREEN ENERGY SPAIN S.L.U. 60 61.
2012 5 ICBC 2,180 31 2012 3,000 33 32 5,000 9.3 34 2011 1965
Cubigel 35 Berg 36 2013 2.38 37 NH 20% 4% 72 Campofro 38 2014 /
4,000 3 EDP21% REE39 40 41 2014 3 34042 2014 66
31.http://www.expansion.com/2012/11/12/empresas/inmobiliario/1352726580.html
32.
33.http://www.intereconomia.com/noticias-negocios/analisis/inversion/banco-chi-
no-icbc-aporta-50-millones-construccion-lineas-ave-201
34.http://www.cincodias.com/articulo/empresas/telefonica-cierra-linea-credito-930-millo-
nes-comprar-tecnologia/20120914cdscdiemp_11/
35.http://ccaa.elpais.com/ccaa/2012/07/17/catalunya/1342556638_828860.html
36.http://www.cincodias.com/articulo/empresas/berge-introducira-marcas-chinas-espa-
na-2012/20100608cdscdiemp_30/
37.http://www.expansion.com/2013/04/17/empresas/transporte/1366221291.html
38.http://economia.elpais.com/economia/2013/05/29/actualidad/1369831677_503877.html
39.http://www.infomercados.com/actualidad/comentario/red-electrica/el-coloso-china-sta-
te-grid-interesado-de-nuevo-en-ree/20121119/56364/e/
40.http://www.eleconomista.es/interstitial/volver/orangepymesmay/empresas-finanzas/
noticias/4391862/11/12/El-banco-chino-ICBC-compra-a-Madrid-un-edificio-publico-a-pre-
cio-de-ganga-.html
41.http://www.agroinformacion.com/noticias/9/olivar/60323/inversores%20chinos%20y%20
rusos%20buscan%20fincas%20de%20olivos%20y%20almazaras%20en%20crisis%20para%20
comprarlas.aspx
42.http://economia.elpais.com/economia/2013/05/10/agencias/1368217844_928004.html
43. 62. 2009 43 MapfreNH Deoleo Tecnocom 2014 67 China Shipping
Spain Agency S.L. Erlinyou S.L. SIU FASHION S.L. 2. ESADE 2013 63.
44 Sacyr 4,700 30,000 15 3 45 3.3.- ESADE 22 2013 4 1 6 1 46 29 2
3. 2014 68 44.CEPAL2012 45.The Expat Explorer Survey2012 46. 64.
2005 1990 2005 10 50 42.9% 10 28.6% 50 100 23.8% 100 57.2% 60% 40%
38.1% 23.8% 25%9.5% 25% 50% 28.5% 50% 10% 10% 60%55% 50% 64.7%65.1%
55% 65% 72% SHSE SZSEHKSE 6 5 4 2 68.4% 5% 5.3% 10% 13 8 8 8 6 47
3.61 5 3.1 3.06 1.5 4.45 5 4.05 2014 69 47. Dunning, John H.1988The
Eclectic Paradigm of International ProductionA Restatement and some
Possible ExtensionsJournal of International Business Studies
Dunning, John H.1993Multinational Enterprises and the Global
Economy- 65. 3.95 5 / 3.71 3.68 3.3 2.75 2.1 2.15 4.18 3.75 2.85
2.7 2.4 2.35 17 3.02 5 6 3.3 5 3.4 3.3 3.2 3.2 = 0 = 5 4. 2014 70
66. 3 3.3 3 5 3.6 3.2 48 3.4 3 2014 71 3,3 3,4 3,3 3,2 3,2 3,0 3,4
3,4 3,0 3,6 2,6 2,6 3,2 2,9 2,8 2,9 2,8 2,9 2,3 3,2 2,8 2,3 3,4
3,02 3. 48.The new European transport network.Is the Mediterranean
an opportunity for Asian traffic? ESADE2013/4/19 67. 40% 2.8 2.32.3
ESADE 2012 49 Euge- nio Bregolat 2013 35% 38.1%38.1% 3 72.7% 4.
2014 72 49.LAVANGUARDIA.com Economa, Las empresas chinas piden
menos burocracia para invertir en Espaa2012/10/30 68. ( ) ? 10 5
2014 73 69. Joan Tarradellas / HPH HWL 26 52 30,000 2012 7,680 nGen
2012 1,000 16.5 8 2015 1,500 100 18 34,000 2012 160 2014 5 5
A330-300 37,000 47 Moguda Santa Perptua 70 5,000 59 % Santa Perptua
2012 CCIC CCIC 3C 40 120 CCIC Consorci de la Zona Franca Edifici
Industrial Pedrosa 2014 400 2014 2015 LED 200 2008 300 100 LED 2014
74 70. 3.4. 3.4.1 1987 150,000 73% 2012 354 50 45 45% 70,000 16 28
45 2012 41.7 7,300 2014 13 900 1,600 6 CAT NOC2013 3,000 100 120
Orange- Jazztel ONO 103 Sanitas Ascend P6 LFP RSC Smartbus Red.es 5
18 13,000 6,000 2012 9 EOI 2013 7 10 3.4.2 Cubigel 1996 2007 10
2014 75 71. 2013 3,400 40% 2012 Cubigel Sant Quirze del Valles-
Cubigel 760 2013 100 90 400 50 Cubigel 3.4.3 1984 30 2012 258 11%
2012 10 26 16 1993 2005 1999 NBA 30 2005 7 OEM 2014 76 72. - Bauz
invita a la primera empresa inmobiliaria china a realizar
inversiones.El Pas, 2013. - Berg introducir cuatro marcas chinas en
Espaa hasta 2012. Cinco das. 2010. - Campofro tendr al gigante
chino Shuanghui como accionista de referencia. El Pas, 2013. -
China Gets Stake in Portugals EDP. Wall Street Jour- nal, 2011. -
China: marco institucional de las relaciones bilatera- les. Oficina
Econmica y Comercial de la Embajada de Espaa en Pekn, 2010. - CIC
buys stake in GDF Suez. China Daily, 2011. -El banco chino ICBC
compra a Madrid un edificio p- blico a precio de ganga. El
Economista, 2012. - El banco chino ICBC compra por 22 millones la
sede de Medio Ambiente. Expansin, 2012. - El coloso China
StateGrid, interesado de nuevo en REE. Infomercados, 2012. - Flujos
de inversin Espaa-China. Oficina Econ- mica y Comercial de la
Embajada de Espaa en Pekn, 2010. - Gonzlez afirma que Santander ha
vendido el Edi- ficio Espaa al empresario chino Wang Jianlin Cinco
Das 19/03/2014 - Huawei abrir un centro en Espaa para mejorar su
actividad comercial. Cinco das. 2013. - Inversores chinos y rusos
buscan fincas de olivos y almazaras en crisis para comprarlas.
Agroinformacin, 2012. - La china Huayi se adjudica Cubigel y
mantendr 406 empleos. El Pas, 2012. -Las relaciones econmicas y
comerciales Espaa China. Estudios de Poltica Exterior, 2011. -
Lenovo se convierte en el cuarto fabricante de PCs en Espaa.
Expansin, 2013. - NH Hoteles da entrada a la china HNA en su
capital por 234 millones. Expansin, 2013. - Telefnica cierra una
lnea de crdito de 930 millo- nes para comprar tecnologa.Cinco das.
2012. - The awakening of investment by Chinese compa- nies in Spain
and Europe. Ivana C asaburi y Adrian Blanco. ESADEgeo position
paper, 2013. -The Eclectic Paradigm of International Production: A
Restatement and some Possible Extensions.Dunning. John H.,Journal
of International Business, 1988. - The Expat Explorer Survey. HSBC,
2012 2013 12 31 2014 77 73. Ivana CasaburiESADE ESADE David Hhn
Alexandre Ibaez Cuatrecasas Adrin BlancoESADE Ana Corts 1 2
