Historie and emergent trends in chinese outward direct investment

Peter J. Buckley, Adam R. Cross, Hui Tan, Liu Xin, Hinrich Voss

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245 Citations (Scopus)


Recent expansion of Chinese outward direct investment is analysed at two levels: at the aggregate level using Chinese Ministry of Commerce data and at the level of the individual FDI project using data compiled by the State Administration of Foreign Exchange. Project level analysis reveals wholly-owned projects are increasingly displacing joint ventures as the predominant mode of entry. Changes to the investment motivations are discernable in market-seeking FDl: with defensive and offensive FDI increasingly supplanting trade-related investment activity, and in strategic asset-seeking FDI: with improved access to foreign-owned technologies, brands, and distribution channels gaining importance.

Original languageEnglish
Pages (from-to)715-748
Number of pages34
JournalManagement International Review
Issue number6
Publication statusPublished - 2008
Externally publishedYes


  • Chinese MNEs
  • Foreign market entry
  • Investment motivation
  • Outward FDI

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