Dynamics of internationalization and outward investment: Chinese corporations' strategies

Hong E & Sun L (2006). Dynamics of internationalization and outward investment: Chinese corporations' strategies. The China Quarterly 187: 610-634. DOI:10.1017/S0305741006000403.

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Abstract

China's success in attracting the inflow of foreign direct investment (FDI) has been well documented. Less known is the initial success of China's "going out" strategy, which encourages domestic enterprises to participate in international capital market and to directly invest overseas. This article assesses the aggregate dynamics of China's outward FDI in a comparative prism. It traces the strategic shift of Chinese overseas investment in both arenas of government policy and corporate entrepreneurship. An emphasis is on the particularistic policies of the government and active responses of enterprises to the challenges and opportunities offered by globalization and the deepening reform. The article also discusses the strategic implications of emerging Chinese multinationals for their Western counterpart.

Item Type: Article
Research Programs: Modeling Land-Use and Land-Cover Changes (LUC)
Bibliographic Reference: The China Quarterly; 187:610-634 (September 2006)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 02:19
Last Modified: 06 Sep 2016 12:40
URI: http://pure.iiasa.ac.at/7912

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