Evolution of China’s Outward Foreign Direct Investment Regime: Implications for South and East Asia Under the Belt and Road Initiative (BRI)
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Assessment of the likely impact of Chinese OFDI on the South and East Asian members of the Belt and Road Initiative (BRI) requires understanding of the evolution of Chinese policy, regulations and institutions. Utilising recent developments in institutional theory this dissertation examines the interplay between China’s OFDI regulations and enterprises supportive policies. Consistent with the theorising there is evidence of an increasing level of Chinese OFDI since 2003, and of a larger share attracted to the BRI group, particularly South and East Asian countries.