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- Title
Effects of China's OFDI on Exports: A Context Analysis with the ''21st-Century Maritime Silk Road'' Regions.
- Authors
Chenlu Tao; Sitong Liu; Yuan Tian; Xuesong Gu; Baodong Cheng
- Abstract
With the implementation of the Belt and Road initiative, China will invest more in countries in the ''21st-Century Maritime Silk Road'' Regions. Using the data of the 63 countries along ''the Silk Road Economic Belt and the 21st-Century Maritime Silk Road'' from 2004 to 2015, this paper empirically analyzes the effect of Chinese outward direct investment on export in ''the Silk Road Economic Belt and the 21st-Century Maritime Silk Road'' area. The results reveal that the relationship between Chinese OFDI and export towards the host country is changeable and demonstrates an inverted U shape. As a result, OFDI can make full use of the advantages of each country, realize optimal allocation of resources in the countries along ''the Silk Road Economic Belt and the 21st-Century Maritime Silk Road'', and enable the transfer of China's spare capacity. And it should be adopted as China's long-term initiative.
- Subjects
CHINA; BELT &; Road Initiative; FOREIGN investments; EXPORTS; RESOURCE allocation
- Publication
Journal of Coastal Research, 2019, Vol 94, p903
- ISSN
0749-0208
- Publication type
Article
- DOI
10.2112/SI94-178.1