| Iron and steel industry is a national industrial base, even though China is the world's largest steel producing country, However, there are many risks in Chinese iron and steel enterprises in the transnational operations ,such as, anti-dumping anti-subsidy investigations, Dramatic changes in international iron ore prices; the cross-border M & A application was dismissed to investment losses, the Chinese iron and steel enterprises will always encounter a variety of risks. A variety of internal and external risk of causing transnational operations in iron and steel enterprises in China can not give full play to their strengths and maximize their own interests. It is essential to research and analysis these risks.This article begins with the definition of transnational operations, and the form of starting business activities in the international context of the definition, analysis of Chinese iron and steel enterprises set order status information on transnational operations. International Business Chinese steel enterprises is the main way of foreign trade and foreign investment, this article will be divided into the risk of international operations risks of foreign trade, foreign investment risk of two major parts.In the specific study of risk analysis, this article from the definition and characteristics of the risk to continue to foreign trade risk, foreign investment risk under the Chinese steel enterprises the actual situation faced by specific categories. The causes of risk as well as study the impact of China's enterprises, the combination of the basis of traditional risk theory and practical examples of analysis of corporate consolidation. Political risk, legal risk and other risks should not use quantitative methods of risk, this qualitative research-based approach, focuses on the causes of such risks on our business of transnational operations.Other methods of quantitative research for the risk, the analysis of this paper, the combination of quantitative and qualitative research methods. Through the study found that iron and steel enterprises in China in recent years in transnational operations risks worsening the situation presents some of the international iron ore to Chinese steel companies too expensive to bring a greater cost pressures, while others such as international trade in steel products friction, and the risk for iron and steel enterprises in China had a greater impact on foreign trade. Investment in the host country political risk and legal risk is present when the Chinese iron and steel enterprises to invest to be the main risk.At the last part of this page, give some risk management recommendations to chinese steel enterprises for guard against transnational operation risks. In this article, risk prevention recommendations are based on the first four chapters of the proposed, in order to facilitate the relevant departments of Chinese steel enterprises and the actual drawing operation, this combination of characteristics of Chinese steel business, put forward some practical suggestions for actions against the actual risk. Starting from the national level, such as iron and steel enterprises in the iron ore trade of such foreign trade rules and further specification, the establishment of insurance mechanisms of Foreign Trade and foreign investment, strengthening the transnational operations of their own ability. |
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