Chinese Outward Direct Investments - Structure and Geography. Cover Image

Bezpośrednie inwestycje zagraniczne wychodzące z Chin - ich struktura oraz umiejscowienie.
Chinese Outward Direct Investments - Structure and Geography.

Author(s): Krystyna Palonka, Sergiusz Prokurat
Subject(s): Supranational / Global Economy, Economic policy, Developing nations
Published by: Wydawnictwo Wyższej Szkoły Gospodarki Euroregionalnej im. Alcide De Gasperi w Józefowie
Keywords: FDI; ODI; China; mergers; acquisitions; Emerging markets; expansion;

Summary/Abstract: The scope and dynamics of Chinese foreign outward investments (ODI) is one of phenomena characterizing the growing economic strength and internationalization of Chinese economy. The article presents the geographic and sectorial trends of these investments apparently driven also by requirement of enormous foreign reserves diversification. The major actors performing are: sovereign funds, state owned banks and enterprises , big private and semi-private companies, and reach individuals. Major goals of ODI was a security of resources and market expansion. The newest trend however, still very limited though, is to access developed economies via mergers and acquisitions (M&A). Individual contracts prove apparently that Chinese institutions and companies are willing to obtain necessary technology, know-how and experience to operate on global stage.Majority of them operate in Asia- Pacific region but subsequently there is greater penetration of developed markets . This area however is resisting free Chinese expansion partly for strategic or military reasons ( this refers mainly to USA), partly for unfair competition of state supported enterprises. In particular unequal public procurement rules , state subsidies and favourable credit access (UE case ).

  • Issue Year: 16/2013
  • Issue No: 1
  • Page Range: 303-322
  • Page Count: 20
  • Language: English