A recently published journal paper in the International Business Review by TMCD Director, Prof, Xiaolan Fu, Prof Peter J Buckley and Prof. Maggie Xiaoqing Fu examines the impact of Chinese outward direct investment on host developing countries and investigates whether it is different from that of OFDI from Western countries. The analysis covers the distinctive characteristics of Chinese OFDI, in particular, weak ownership advantages and strong state supportiveness, and how they influence the growth impact of OFDI through different transmission channels.

It finds that it is not absolute but relative ownership advantage and the gap-filling compatibilities between FDI and host economies that determine the growth impact of FDI.Read more here