Policy Implications and Conclusions

This book deals with a series of important issues on China’s OFDI. The case studies, Chinalco and Geely, are presented to demonstrate the difficulty of and experiences about Chinese MNCs to become global. In the Chinalco case, it shows that Chinese MNCs require state support to become competitive with their foreign counterparts. It also reveals that the lack of international experiences, shortage of human resources and skills, and the lack of understanding of foreign laws and culture are many important factors restraining Chinese MNCs to successfully target merger and acquisition (M&A) activities to implement the country’s national strategy for resource-seeking purposes. International politics is also an important factor that may jeopardise the efforts of China’s OFDI.