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An Institutional Perspective and the Role of the State for Chinese OFDI

In: Chinese International Investments

Author

Listed:
  • Bing Ren
  • Hao Liang
  • Ying Zheng

Abstract

Napoleon called China a ‘sleeping dragon’, but recent economic developments as China enters the twenty-first century show that the dragon is awakening. China has maintained strong economic growth since 1979 and sustained a GDP increase of more than 9 percent over the years. The total volume of economic output increased from 2.8 percent in 1970 to 7.23 percent in 2008, ranking China as the third largest economy in the world (United Nation Statistics Division Statistical Databases).

Suggested Citation

  • Bing Ren & Hao Liang & Ying Zheng, 2012. "An Institutional Perspective and the Role of the State for Chinese OFDI," Palgrave Macmillan Books, in: Ilan Alon & Marc Fetscherin & Philippe Gugler (ed.), Chinese International Investments, chapter 1, pages 11-37, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36157-7_2
    DOI: 10.1057/9780230361577_2
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    Citations

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    Cited by:

    1. Ren, Monica & Manning, Stephan & Vavilov, Stanislav, 2019. "Does state ownership really matter? The dynamic alignment of China's resource environment and firm internationalization strategies," Journal of International Management, Elsevier, vol. 25(3), pages 1-1.
    2. Yakob, Ramsin & Nakamura, H. Richard & Ström, Patrik, 2018. "Chinese foreign acquisitions aimed for strategic asset-creation and innovation upgrading: The case of Geely and Volvo Cars," Technovation, Elsevier, vol. 70, pages 59-72.
    3. Feng, Wei & Sun, Shujun & Yuan, Hang, 2023. "Research on the efficiency of factor allocation in the pilot free trade zones," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 727-745.
    4. Nugent, Jeffrey B. & Lu, Jiaxuan, 2021. "China's outward foreign direct investment in the Belt and Road Initiative: What are the motives for Chinese firms to invest?," China Economic Review, Elsevier, vol. 68(C).
    5. Zhu, Ying & Sardana, Deepak & Tang, Ryan, 2022. "Heterogeneity in OFDI by EMNEs: Drivers and trends of Chinese and Indian firms," International Business Review, Elsevier, vol. 31(6).
    6. Zheng, Qiuxia & Noorderhaven, Niels & Du, Jian, 2022. "Making the unlikely marriage work: The integration process of Chinese strategic asset-seeking acquisitions," Journal of World Business, Elsevier, vol. 57(3).

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