The endless quest to strategic assets by Chinese firms through FDI:From Inward to Outward Flows
The paper highlights the major role played by foreign direct investment/ FDI flows in two ways – inflows or outflows – for Chinese firms by securing strategic assets to enhance their competitive advantage. The underlying rationale of the acquisition of such assets through FDI is specific to China. Therefore, we scrutinize the characteristics and determinants of FDI in its two dimensions
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