1. Three challenges for China's outward FDI policy
- Author:
- Karl P. Sauvant
- Publication Date:
- 10-2013
- Content Type:
- Policy Brief
- Institution:
- Columbia Center on Sustainable Investment
- Abstract:
- Since China adopted its "going out" policy in 2001, her outward foreign direct investment (OFDI) flows have grown rapidly, reaching US$84 billion in 2012 (although the stock remains small). That year, China was the world's third largest outward investor (after the US and Japan). This performance raises all sorts of issues, especially because state-owned enterprises (SOEs) control some three-quarters of the country's OFDI stock. Three challenges are addressed in this Perspective.
- Topic:
- Development, Economics, Emerging Markets, and Foreign Direct Investment
- Political Geography:
- United States, Japan, and China