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Investigating Chinese Outward Foreign Direct Investments: How Can Firm‐level Data Help?

Year: 2014
Type: article
Abstract: The empirical literature on China's outward foreign direct investment mainly relies on aggregate data from official statistics, but the reliability of such data is currently a matter of concern because it does not take account of relevant features such as industry breakdown, ownership structure and entry mode. A novel firm‐level database, EMENDATA, compiled by matching data from several available sources on various types of cross‐border deals and including information on group structure, provides a more accurate picture and enables new empirical analyses of the rapidly increasing presence of Chinese companies abroad. Based on this database, this paper offers a more precise assessment of the geographical and sector specialization patterns of Chinese outward foreign direct investment into Europe and suggests new avenues for future research.
Language: English
Open Access status: green
OpenAlex ID: W2009915708
FWCI: 11.24
Cites: 34
Cited by: 28
Related to: 10