In the beginning of the twenty-first century, China was one of the world’s major recipients of foreign investment, while its role as an outbound investor was still insignificant. In 1999, the Chinese government issued a new going-out policy to encourage Chinese companies to invest overseas. Since the mid-2000s Chinese outbound non-financial foreign direct investment (FDI) experienced a continuous, but unremarkable increase. After the global financial crisis of 2008, however, growth rates started to accelerate notably-the global financial crisis also changed the landscape of the Chinese overseas FDI.
CITATION STYLE
Tu, C. (2019). Chinese outbound investments. In Chinese FDI in the EU and the US: Simple Rules for Turbulent Times (pp. 1–13). Palgrave Macmillan. https://doi.org/10.1007/978-981-13-6071-8_1
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