The rapid international expansion of Chinese enterprises since the 1990s has attracted considerable attention in scholarly and policy circles. This book sheds fresh light on the phenomenon by explaining its determinants using the analytical lens of international business theory.
The author focuses in particular on how Chinese firms interact with the institutional environment both at home and abroad. Drawing upon evidence and analysis from official statistics, Hinrich Voss concludes that the institutional change and market imperfections in China, combined with host country effects and the mediating role of trans-border social and business networks, are key facilitators of the rise of Chinese multinationals.
This book provides the most up-to-date analysis of the determinants of Chinese outward foreign direct investments, and will appeal to academics with an interest in international business and management, as well as those researching China specifically and Asian business more broadly. Postgraduate students in international business, Asian business studies and international relations will find this book invaluable, as will practitioners dealing with Chinese multinational enterprises.
Contents: 1. Introduction 2. Internationalisation through Foreign Direct Investment - Stylised Facts and Theoretical Explanations 3. Chinese Outward Foreign Direct Investments - Patterns and Explanations 4. Quantitative Analysis and Secondary Data Sources 5. Cross-sectional Data Analysis of the Determinants of Chinese Outward Direct Investment 6. Conclusion Appendix References Index