THE REGIONALIZATION OF HUTCHISON PORT HOLDINGS IN MAINLAND CHINA

Abstract Hong Kong-based Hutchison Port Holdings has been successful in capturing Mainland China's container port joint venture market share. After examining a handful of push and pull factors influencing the firm's regionalization drive, this research describes the firm's regional spatial strategies. In addition to traditional economic factors, Hutchison Port Holdings' market share dominance is explained by socio-cultural and political factors within the context of Mainland China's economic articulation with the global economy, and the institutional medium of a territorially defined “time-space governance” embedded within the political economy of pre- and post-1997 Hong Kong. The firm's superior joint venture bargaining position within this governance system is illustrated by its busiest joint venture ports of Shanghai and Yantian.

[1]  Yehuda Hayuth,et al.  CONCEPTS OF STRATEGIC COMMERCIAL LOCATION: THE CASE OF CONTAINER PORTS. , 1994 .

[2]  L. Guarnizo,et al.  Transnationalism from below , 1998 .

[3]  K. Olds,et al.  (Re)Shaping ‘Chinese’ Business Networks in a Globalising Era , 1999 .

[4]  K. Olds,et al.  Globalisation and the Asia-Pacific : Contested Territories , 2000 .

[5]  G. Lin.  State, Capital, and Space in China in an Age of Volatile Globalization , 2000 .

[6]  A. Chan.  Li Ka-shing: Hong Kong's Elusive Billionaire , 1997 .

[7]  Hongxin Zhao,et al.  Determinants of ownership preference of international joint ventures: new evidence from Chinese manufacturing industries , 1998 .

[8]  F. Lo,et al.  Globalization and the world of large cities , 1998 .

[9]  Benjamin Gomes-Casseres,et al.  Firm Ownership Preferences and Host Government Restrictions: An Integrated Approach , 1990 .

[10]  You-tien Hsing,et al.  Blood, Thicker than Water: Interpersonal Relations and Taiwanese Investment in Southern China , 1996 .

[11]  K. Olds,et al.  Globalization of Chinese business firms , 2000 .

[12]  G. Marks.  Neocorporatism and Incomes Policy in Western Europe and North America , 1986 .

[13]  M. Weidenbaum,et al.  The Bamboo Network: How Expatriate Chinese Entrepreneurs Are Creating a New Economic Superpower in Asia , 1996 .

[14]  M. Storper.  Territorial development in the global learning economy: the challenge to developing countries , 1995 .

[15]  Jean-Paul Rodrigue,et al.  Transportation and spatial cycles: evidence from maritime systems , 1997 .

[16]  Patsy Healey,et al.  Managing cities : the new urban context , 1997 .

[17]  David S. G. Goodman,et al.  China deconstructs : politics, trade and regionalism , 1994 .

[18]  Morton E. O'Kelly,et al.  A geographer's analysis of hub-and-spoke networks☆ , 1998 .

[19]  G. Lin.  Red Capitalism in South China: Growth and Development of the Pearl River Delta , 1997 .

[20]  Richard V. Knight,et al.  Knowledge-based Development: Policy and Planning Implications for Cities , 1995 .

[21]  C. Airriess,et al.  Regional production, information–communication technology, and the developmental state: the rise of Singapore as a global container hub , 2001 .

[22]  Daniel Skidmore-Hess.  Globalization and/or Democratization? , 1998, African Studies Review.

[23]  E. Frankel.  China' maritime developments , 1998 .

[24]  Yigang Pan.  Influences on Foreign Equity Ownership Level in Joint Ventures in China , 1996 .

[25]  K. Olds.  GLOBALIZATION AND URBAN CHANGE: TALES FROM VANCOUVER VIA HONG KONG , 1998 .

[26]  F. Moulaert,et al.  Cities, Enterprises and Society on the Eve of the 21st Century: a fordist conference on cities in the era of flexible production, Lille, March 1994* , 1995 .

[27]  Xiaojian Li,et al.  Bargaining with Transnational Corporations: The Case of Shanghai , 1999 .

[28]  P. Cloke,et al.  Deregulation and transport : market forces in the modern world , 1990 .

[29]  中華人民共和国国家統計局.  China statistical yearbook , 1988 .

[30]  Dali L. Yang,et al.  China's Coastal Cities: Catalysts for Modernization. , 1991 .

[31]  P. Dicken.  Global Shift: Transforming the World Economy , 2000 .

[32]  H. Arjen van Klink,et al.  Gateways and intermodalism , 1998 .

[33]  D. Lecraw.  Bargaining Power, Ownership, and Profitability of Transnational Corporations in Developing Countries , 1984 .

[34]  M. Dunford,et al.  The Mammon Quest: 'Glocalization', Interspatial Competition and the Monetary Order: The Construction of New Scales , 1992 .

[35]  EXPORT-ORIENTED MANUFACTURING AND CONTAINER TRANSPORT IN ASEAN. , 1993 .

[36]  S. Lall,et al.  Transnational corporations and economic development , 1993 .

[37]  J. Dunning.  The globalization of business , 1993 .

[38]  T. Shaw,et al.  The political economy of new regionalisms , 1999 .

[39]  James J. Wang,et al.  A CONTAINER LOAD CENTER WITH A DEVELOPING HINTERLAND: A CASE STUDY OF HONG KONG , 1998 .

[40]  L. Cheng,et al.  Port Facilities and Container Handling Services , 1997 .

[41]  China's Regions, Polity, & Economy: A Study of Spatial Transformation in the Post-Reform Era , 2000 .