1. China needs to complement its "going-out" policy with a "going-in" strategy
- Author:
- Karl P. Sauvant and Victor Z. Chen
- Publication Date:
- 05-2014
- Content Type:
- Policy Brief
- Institution:
- Columbia Center on Sustainable Investment
- Abstract:
- China's rising outward foreign direct investment (OFDI) faces rising skepticism abroad. This is partly the result of the leading role of state-owned enterprises in her OFDI (and the fear that it serves non-commercial purposes), the speed with which this investment has grown, the negative image of the home country in some quarters, and the challenges it poses to established competitors. Moreover, Chinese multinational enterprises (MNEs) may not always keep in mind that host countries see FDI as a tool to advance their own development and hence seek maximum benefits from it.
- Topic:
- Economics, International Trade and Finance, and Foreign Direct Investment
- Political Geography:
- China and Asia