China's Outward Direct Investment: Expanding Worldwide
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2,238 citations
Cites background from "China's Outward Direct Investment: ..."
...Although it is important for completeness that any formal model of Chinese ODI incorporates a policy dimension, lack of transparency in the application of regulations and incentive policies experienced by investors (Wong and Chan, 2003) makes this a difficult aspect to capture....
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...…government support in the form of export tax rebates, foreign exchange assistance and financial support was introduced in 1999 to foster FDI in trade-related activities and to promote Chinese exports, especially in the textiles, machinery and electrical equipment sectors (Wong and Chan, 2003)....
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...Sixth, we should finally note that the relative inexperience of some Chinese firms concerning the establishment and management of large-scale operations abroad may have led to FDI projects being undertaken with insufficient due diligence and attention to associated risks (Wong and Chan, 2003; Ma and Andrews-Speed, 2006)....
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...Although it is important for completeness that any formal model of Chinese ODI incorporates a policy dimension, lack of transparency in the application of regulations and incentive policies experienced by investors (Wong and Chan, 2003) makes this a difficult aspect to capture....
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...In response to this, numerous subnationallevel authorities allowed enterprises under their supervision to internationalise, especially towards Hong Kong SAR, in order to engage in real estate and stock market speculation (Wong and Chan, 2003)....
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Cites background from "China's Outward Direct Investment: ..."
...See, for example, Wong and Chan (2003). These problems also affect the Chinese official data on FDI from the OECD (OECD, 2003)....
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...Some recent studies include UNCTAD (2003), Wong and Chan (2003) and Wu and Chen (2001)....
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...See, for example, Wong and Chan (2003)....
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320 citations
References
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