Outward investment by Chinese MNCs: Motivations and implications

ince 1978, when it opened its doors to the world,China has achieved spectacular success in attract-ing foreign direct investment. In 2002, it sur-passed the US as the largest recipient of FDI in the world.However, investment has not been flowing in just onedirection. According to the World Bank (1997), in themid-1990s China was the largest outward investor amongdeveloping countries and the eighth largest supplier ofoutward investment among all...