Final Reflections

Ilan Alon, Marc Fetscherin and Philippe Gugler

A chapter in Chinese International Investments, 2012, pp 391-395 from Palgrave Macmillan

Abstract: Abstract While China is recognized as one of the world’s leading destinations for foreign direct investments, Chinese outward foreign direct investments (OFDI) have only recently taken off. In the early 1990s, Chinese OFDI was marginal — about US $800 million (UNCTAD WIR, 2009). But since China joined the World Trade Organization (WTO) in 2001, its OFDI has had an impressive growth, going from US $2.8 billion in 2003 to US $48 billion in 2009 (UNCTAD WIR, 2010). It should be mentioned that this is, however, still small relative to other countries, as in 2006 Chinese OFDI accounted for 1.5 percent of the world’s total FDI (UNCTAD WIR, 2010). In 2008, China’s share of world FDI reached 2.8 percent (UNCTAD WIR, 2009) and the country’s OFDI will grow significantly in the next few decades, in both absolute and relative terms.

Keywords: World Trade Organization; Entry Mode; Outward Foreign Direct Investment; Chinese Enterprise; Chinese Investment (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-36157-7_19

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DOI: 10.1057/9780230361577_19

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