China's International Capital Flow and its Impact for Asian Countries on the Background of Industrial Transition and Upgrading

Minghai Zhou () and Xianguo Yao ()
Additional contact information
Xianguo Yao: Institute for Public Policy, Zhejiang University

No 2014-04, RIEI Working Papers from Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration

Abstract: In 2012, China emerged as the third largest foreign direct investor in the world. This represented a continuation of the recent dramatic increase in the China’s outward foreign investment flows. China’s outward foreign direct investment (FDI) is driven by state-owned enterprises eager for strategic assets and natural resources, and by privately owned enterprises seeking to relieve pressure from rising domestic labor costs. Asian countries are the largest recipients of the Chinese FDI, with 61% of the Chinese outward FDI flows in 2011 remaining within Asia. While the increase in the Chinese FDI provides important opportunities for developing countries, bilateral and multilateral negotiations are needed to address issues such as market access and host countries’ concerns about unfair competition and national security.

Keywords: outward foreign direct investment; strategic assets and resources; labor costs (search for similar items in EconPapers)
JEL-codes: F21 F51 F68 M16 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2014-01-01
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://58.210.89.21/RePEc/xjt/working-papers/RIEI-WP_2014-04.pdf First version, 2014 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

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:xjt:rieiwp:2014-04

Access Statistics for this paper

More papers in RIEI Working Papers from Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration Contact information at EDIRC.
Bibliographic data for series maintained by Paulo Regis ().