China's Outward Direct Investment: Expanding Worldwide
- 1 September 2003
- journal article
- research article
- Published by National University of Singapore Press in China: An International Journal
- Vol. 01 (02) , 273-301
- https://doi.org/10.1142/s0219747203000177
Abstract
China has become a capital-surplus economy and its overseas investment has grown apace. Although its outward investment is still small in absolute terms, especially compared to the huge inward flow, China's overseas enterprises have been quietly gaining importance as new sources of international capital. They are now globally diversified and involved in a wide variety of sectors, including banking, manufacturing and natural resource exploitation. In the coming years, Chinese outward investment is expected to accelerate. The free trade agreement signed between ASEAN and China will no doubt intensify Chinese outward investment to the region.Keywords
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