The Role of Country of Origin and Chinese OFDI

Paz Estrella Tolentino

Chapter 3 in Chinese International Investments, 2012, pp 54-80 from Palgrave Macmillan

Abstract: Abstract China is currently the fourth largest home country of multinational corporations (MNCs) among developing economies, after Hong Kong, Singapore, and Taiwan. Its outward foreign direct investment (OFDI) stock accounted for around 3 percent of the OFDI stock of developing economies in 1990 and 2000, increasing to over 8 percent by 2009, when it reached almost US$230 billion (UNCTAD, 2010). The rapid growth, as well as the distinguishing features of new MNCs from China in recent years, set against a backdrop of the country’s strong economic performance, has intrigued the international business community.

Keywords: Foreign Direct Investment; Home Country; Forecast Horizon; International Business Study; Outward Foreign Direct Investment (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1057/9780230361577_4

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