Publications and working papers
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13
12,2013
Business Environment and Opportunities for Chinese Companies investing in Chile
Abstract:Chile has an internationally recognized good investment environment, but there are few Chinese enterprises directly investing in Chile. This paper analyzes the relative characteristics of Chile's investment environment from the perspective of Chinese enterprises and government from the national and industrial levels, It is pointed out that the complex differences between China and Chil...
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13
12,2012
Do Market Value Market-Based Governance? Case of Cross-Border Acquisitions by Chinese Firms
Abstract:This study empirically tests shareholder wealth effects at the announcement of acquisitions of foreign firms by Chinese firms. Listed firms in China are unique in that the ratio of shareholding by the state or state-owned enterprises is high in many firms, and their shares listed sorely in Chinese domestic stock markets are restricted for foreign investors to trade. We find that, altho...
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13
12,2012
The Evolution and Evaluation of IDP Theory
Abstract:According to the theory of investment development path (IDP) put forward by Dunning, there is a systematic correlation between a country's economic development process and its status in international capital flow. In view of the great practical significance of the development process described by IDP theory to the developing countries that implement the "open" development strategy in t...
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13
12,2012
The Choice of Integration & Localization for Chinese Company – Based on Case Study of China Construction investing in US
Abstract:the strategic choice of globalization and localization is not only a necessary link, but also one of the difficulties in the strategic choice of transnational operation. This kind of strategic choice is not only subject to the globalization and localization of the industry and business, but also depends on the resources and capabilities of multinational enterprises. As the latecomer of...
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11
12,2012
Long Term Strategy is needed for Chinese Manufacturing Companies investing in Brazil
Abstract:Chinese enterprises have made remarkable achievements in overseas investment from scratch and from small to large. It is the established goal of China's "going out" development strategy to develop and strengthen China's multinational companies and make them win competitive advantages on the world stage. In the process of achieving this goal, how to establish the long-term development s...
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15
12,2011
Impact of Inward FDI on the Host Country’s Capability Development of Investment Abroad
This paper focuses on the core issue that "whether FDI inflow will play a catalytic role in the host country's outward FDI". We select two big developing countries China and India, using an extended IDP model to have an empirical test. The result shows that, the original logic of IDP theory is established for both countries, that is, the level of economic development is an important f...
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15
12,2011
A Study of the Impacts of Inward FDI on the Capability Building of Investing Abroad
Abstract:Whether attracting foreign investment has played an effective role in promoting the formation of China's foreign investment ability is directly related to the success of China's "open" development strategy, which has important theoretical and practical significance. This paper takes "the impact of attracting foreign investment on foreign investment capacity" as the core of the problem,...
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10
11,2011
FDI and Spillovers in China: Non-linearity and absorptive capacity
Using a fixed effect variance decomposition model, we estimate SUR models to analyze FDI spillovers from contagion and spillovers from competition on local firms in China. While the former type of spillover mainly depends on the degree of foreign presence in the local industry, the latter kind is related to how foreign and local firms interact. The main conclusion is that FDI has been ...
Links
Tsinghua University Latin America Center
Beijing Office: 237, Weilun Buiding, Tsinghua University,Beijing, China,10020
Tel: (86)10-62795747
Email: lac@tsinghua.edu.cn
Oficina 1103, Rosario Norte 615, Santiago, Chile
Email: lac@tsinghua.edu.cn