You Wei and Wu Wei: Ambivalence of Chinese outbound mergers and acquisitions
China is assuming an increasingly prominent position in the world economy as investment begins to flow from China to the world. Zhe Sun investigates the possible contradictions between the attitudes of the Chinese government and Chinese companies in foreign mergers and acquisitions. One of the aspects she focuses on is the contrast between the principles of You Wei (conscious effort, purposeful action) and Wu Wei (without effort, without control) and how these inform the strategy of the government and businesses and their actions in practice.