Weitere Artikel dieser Ausgabe durch Wischen aufrufen
The author would like to thank the editor, Matt Ferchen, and Norrin M. Ripsman for their feedback on various ideas contained in this article.
Chinese outward foreign direct investment (COFDI) has captured the imagination of international business academics, journalists, and analysts of Chinese foreign economic policy. While these students of COFDI have added greatly to our knowledge, they have not adequately considered the politico-economy of COFDI. Specifically, they have not sufficiently evaluated the degree to which COFDI is driven by political versus economic considerations, the extent to which political considerations influence the overseas operations of Chinese multinational corporations (MNCs), or the political ramifications of COFDI for host countries, international institutions, or China’s interactions with third parties. Reviewing the Western literature, this article provides useful background information about COFDI, distills two general schools of thought about the politico-economy of COFDI—i.e., the “Beijing as Puppeteer” camp and the “Business of Business is Business” camp, and highlights a number of shortcomings with each. As well, it suggests a number of ways in which the extant literature can move forward and makes clear the importance of tracking the development of Chinese MNCs.
Bitte loggen Sie sich ein, um Zugang zu diesem Inhalt zu erhalten
Sie möchten Zugang zu diesem Inhalt erhalten? Dann informieren Sie sich jetzt über unsere Produkte:
Hong, Eunsuk, and Laixiang Sun. 2006. Dynamics of internationalization and outward investment: Chinese corporations’ strategies. China Quarterly 187: 610. CrossRef
Wang, Mark Yaolin. 2002. The motivations behind China’s government-initiated industrial investments overseas. Pacific Affairs 75(2): 187. fn(4). CrossRef
Wong, John, and Sarah Chan. 2003. China’s outward direct investment: Expanding worldwide. China: An International Journal 1(2): 273–301.
Rui, Huaichuan, and George S. Yip. 2008. Foreign acquisitions by Chinese firms: A strategic intent perspective. Journal of World Business 43(2): 213. CrossRef
Daniel H. Rosen, and Thilo Hanemann. 2009. China’s changing outbound foreign direct investment profile: Drivers and policy implications. Petersen Institute for International Economics Policy Brief, PB09-14:3
Frost, Stephen, and Mary Ho. 2005. ‘Going out’: The growth of Chinese foreign direct investment in Southeast Asia and its implications for corporate social responsibility. Corporate Social Responsibility and Environmental Management 12(3): 157–167. CrossRef
Dennis Pamlin, and Long Baijin. 2007. Re-think China’s Outward Investment Flows. Geneva: World Wildlife Federation, pp. 5–12, http://www.panda.org/who_we_are/wwf_offices/china/news/?100400/WWF-Report-Re-Think-Chinese-Outward-Investment-Flows, accessed June 15, 2009
Chen, Matt. 2007. Chinese national oil companies and human rights. Orbis 51(1): 41–54. CrossRef
Vivoda, Vlado. 2009. China challenges global capitalism. The Australian Journal of International Relations 63(1): 22–40.
Deng, Ping. 2007. Investing for strategic resources and its rationale: The case of outward FDI from Chinese companies. Business Horizons 50(1): 72–73. CrossRef
Buckley, Peter, et al. 2007. The determinants of chinese outward foreign direct investment. Journal of International Business Studies 38(4): 499–518. CrossRef
Schüler-Zhou, Yun, and Margot Schüller. 2009. The internationalization of Chinese companies: What do official statistics tell us about chinese outward foreign direct investment? Chinese Management Studies 3(1): 25–42. CrossRef
He, Wei, and Marjorie A. Lyles. 2008. China’s outward foreign direct investment. Business Horizons 51(6): 486–488. CrossRef
Markus Jaeger. 2008. BRIC Outward FDI-The Dragon will Outpace the Jaguar, the Tiger, and the Bear. Deutsche Bank Talking Point, http://www.dbresearch.de/PROD/DBR_INTERNET_EN-PROD/PROD0000000000237372.pdf, accessed March 5, 2009
Friedrich Wu. 2005. The Globalization of Corporate China. NBR Analysis 16(3):6. http://www.nbr.org/publications/analysis/pdf/vol16no3.pdf, accessed March 15, 2007
Yang, Xiaohua, et al. 2009. A comparative analysis of the internationalization of Chinese and Japanese firms. Asia Pacific Journal of Management 26(1): 148–149. CrossRef
Andreas Lunding. 2006. Global champions in waiting: Perspectives on China’s overseas direct investment. Deutsche Bank Research, 2–3. http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000201318.pdf, accessed April 26, 2009.
Morck, Randall, Bernard Yeung, and Minyuan Zhao. 2008. Perspectives on China’s outward foreign direct investment. Journal of International Business Studies 39(3): 339. CrossRef
Gordon Orr, and Jane Xing. 2007. When Chinese companies go global: An interview with Lenovo’s Mary Ma. The McKinsey Quarterly, http://www.mckinseyquarterly.com/high_tech/the_cost_of_going_global_for_chinas_high_tech_companies_2138, accessed May 24, 2007
Fung, Hung-Gay, Qingfeng Wilson Liu, and Erin H.C. Kao. 2007. China’s outward direct and portfolio investments. China & World Economy 15(6): 54–56. CrossRef
Gao, Paul, Jonathan R. Woetzel, and Yibing Wu. 2003. Can Chinese brands make it abroad? McKinsey Quarterly 4: 54–65.
Chen, Shaofeng. 2008. Motivations behind China’s foreign oil quest–a perspective from the Chinese Government and the Oil Companies. Journal of Chinese Political Science 13(1): 79–103. CrossRef
Alex E. Fernández Jilberto, and Barbara Hogenboom. 2007. China’s Growing Economic and Political Power: Effects on the Global South. Japan Focus, http://japanfocus.org/-Barbara-Hogenboom/2611, accessed July 8, 2009
Evan Ellis. 2009. Strategic implications of chinese aid and investment in Latin America. China Brief 9(20), http://www.jamestown.org/single/?no_cache=1&tx_ttnews%5Btt_news%5D=35590&tx_ttnews%5BbackPid%5D=13&cHash=03bf1c8fb6, accessed October 26, 2009
Chung, Chien-peng. 2008. Is there a rising contestation between China and Japan over the Pacific Islands? Asia-Pacific Forum 39: 207–229.
Jean-Marc F. Blanchard. 2009. Economics and asia-pacific region territorial and maritime disputes: Understanding the political Limits to economic solutions. Asia Politics & Policy 1(4): 682–708.
Alden, Chris, and Martyn Davies. 2006. A profile of the operations of Chinese multinationals in Africa. South African Journal of International Affairs 13(1): 91–92. CrossRef
Carlos Oya. 2008. Greater Africa-China Economic Cooperation: Will This Widen ‘Policy Space? Development Viewpoint 4:1–2, http://www.esrftz.org/policy/linkdocs/AfricaChinaCooperation.pdf, accessed September 23, 2009
- Chinese MNCs as China’s New Long March: A Review and Critique of the Western Literature
Jean-Marc F. Blanchard
- Springer Netherlands
Neuer Inhalt/© Stellmach, Neuer Inhalt/© Maturus, Pluta Logo/© Pluta