Multiscalar Industrial Strategies and Variegated Foreign Investment in China

Ceren Ergenc and Chaofan Yu

Journal of Balkan and Near Eastern Studies, 2024, vol. 26, issue 5, 750-767

Abstract: The Belt and Road Initiative (BRI) enables investment from outside of Global North, such as the Gulf countries and Latin America, to enter the Chinese market. China’s local governments play an important role in facilitating FDI by new actors. This research uses a case study of three Turkish companies to explore the motivations of companies from developing countries to localize their operations in China, and the motivations for local officials to diversify their FDI portfolios. The results show that local governments are significantly more receptive to investments by developing countries due to inter-regional rivalry within China. The central government’s strategy of prioritizing high-technology industries works against developing countries, as their investments usually come from low-technology heavy industry companies. Turkish companies feel unwelcome by local governments except for the relatively large size of the capital they bring in. The findings demonstrate the transnational relations of China’s local governments and contribute to the multiscalar analysis of the spatialization of industrial strategies in Global Production Networks.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/19448953.2024.2308962 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:cjsbxx:v:26:y:2024:i:5:p:750-767

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/cjsb20

DOI: 10.1080/19448953.2024.2308962

Access Statistics for this article

Journal of Balkan and Near Eastern Studies is currently edited by Professor Vassilis Fouskas

More articles in Journal of Balkan and Near Eastern Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().