Chinaâ€™s Regulatory Framework for Outward Foreign Direct Investment
China has become the worldâ€™s third largest outward investor, behind the United States and Japan. A growing body of literature suggests that Chinaâ€™s regulatory framework for outward foreign direct investment (OFDI) is a determinant of the countryâ€™s rising OFDI. This paper presents a holistic review of that framework, including some possibilities for its improvement. Overall, Chinaâ€™s framework serves two objectives : to help Chinese firms become more competitive internationally and to assist the country in its development effort. In pursuing these objectives, the regulatory framework has moved from restricting, to facilitating, to supporting, to encouraging OFDI; but there are still strong elements of administrative control that make it cumbersome. State-owned enterprises (SOEs) seem to benefit particularly from the current framework when internationalizing through FDI.
|Date of creation:||Nov 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.eaber.org
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:eab:wpaper:23749. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shiro Armstrong)
If references are entirely missing, you can add them using this form.