Chinese Outward Investments – Agencies, Motives and Decision-making (2009)

Chinese Outward Investments – Agencies, Motives and Decision-making, (with Berkofsky, A.), CASCC Policy Brief, 01/2009. Document

China is an emerging player in international investment. Since 2004 it has by means of new more liberal policies relaxed its to date restrictive dealing with outwards investments that was mainly determined by a conservative forex regime. Domestic institutional reforms and re-structuring the finance sector have led to new hold-ups in the system that make centrally steered strategies and decision-making difficult. Simultaneously reforms in the enterprise sector have led to liberalisations for companies to carry out own, market-oriented investment transactions. China’s transformation towards an internationally investing nation is far from complete. So far, structural limitations such as lacking know how, possible investment volume and market access determine China’s limited engagement especially in industrialised countries.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s