Going Global 2.0: China’s Growing Investment in the West and Its Impact
Publication Date
Spring 4-2018
Description
From 1978 to roughly 1990, China focused on "bringing in" foreign direct investment. After 1990 it began "going out" in earnest as part of its new diplomacy. Between 1990 and 2005, China's outbound investment was concentrated in the developing world. Since 2005, China has expanded its overseas investment to the developed world, and in recent years such activities have accelerated. This qualitative transformation of China's global business expansion is taking place as China is poised to overtake the United States to become the world's largest economy. What explains China's new wave of global investment? How will it affect international political economy? What challenges do China's businesses face in the West? Through empirical analysis, this study examines the rationale, strategies, and impact of China's growing investment in the West.
Journal
Asian Perspective
Volume
42
Issue
2
First Page
159
Last Page
182
Department
International Relations
Second Department
Political Science
Link to Published Version
https://muse.jhu.edu/article/713817/pdf
DOI
https://doi.org/10.1353/apr.2018.0007
Recommended Citation
Zhu, Zhiqun. "Going Global 2.0: China’s Growing Investment in the West and Its Impact." Asian Perspective (2018) : 159-182.