The chinese way of running their companies in a critical scenario and its reverberation on performance of chinese energy state-owned enterprises in Brazil: a case study

Abstract

Based on the unfolding of a global hegemonic dispute between the United States and China, the trade war between them has directly affected Chinese sovereign interests such as state-of-the-art technology advancement project, specifically those developed at State-Owned Enterprises (SOES). The objective of the present research is to understand the adaptations of Chinese SOEs to changes in the internal environment, notably the centralization sponsored by Xi Jinping and external ones, the internationalization of Chinese public companies in an environment of transformation resulting from the increase protectionism and the trade war imposed by Donald Trump. To that end, we will outline aspects of the trade war that affect Chinese SOEs in Brazil, to highlight the major perceptions of the Brazilian management team in our specific case, and enumerate the initiatives within the Chinese corporate governance in the state sector that aim to protect their interests.