The Effects of the Institutional Environment on the Internationalization of Chinese Firms

Gloria L. Ge and Daniel Z. Ding

Chapter 2 in China Rules, 2009, pp 46-68 from Palgrave Macmillan

Abstract: Abstract In the last three decades, China has proved to be one of the largest and fastest growing transitional economies in the world. China became the world largest recipient of foreign direct investment (FDI) for the first time in 2002 (OECD, 2003). A large number of studies have been conducted on inward FDI in China (e.g., Buckley, Clegg, & Wang, 2002; Chadee, Qiu, & Rose, 2003; Huang, 2003). Growing hand in hand with FDI inflow, China’s outward FDI has been steadily increasing. According to the Statistical Bulletin of China (China National Statistic Bureau, 2007), by the end of 2006, the cumulative total of China’s outward FDI reached US $90.63 billion, which makes China the largest outward direct foreign investor among all developing countries.

Keywords: Foreign Direct Investment; Institutional Environment; Business Group; Chinese Firm; Foreign Direct Investment Inflow (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-27418-1_3

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DOI: 10.1057/9780230274181_3

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