Byways and Highways of Direct Investment

China and the Offshore World

Datos Bibliográficos

ID12952371
AutoresWilliam Vlcek (0000-0001-8647-5258, University of St Andrews, autor de correspondencia)
Año2010
Volumen39
Número4
Páginas111-142
Fecha de publicación2010-12-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaJournal of Current Chinese Affairs (JOURNAL)
Identificadores de la revistaISSN: 1868-1026 • E-ISSN: 1868-4874
EditorialSAGE Publishing (PUBLISHER • US)
DOI10.1177/186810261003900405
OpenAlexW2118649353
IdiomaEN
Citas recibidas10
Referencias citadas21

This paper examines a lacuna in the literature on foreign direct investment (FDI) flows to China: the absence of analysis for the prominent location of small Caribbean and Pacific islands as leading sources of FDI. An indeterminate amount of domestic capital is embedded in these FDI flows, which distorts comparative studies on FDI in developing economies between China and other states. Direct investment from China has also increased in recent years and offshore financial centres (OFCs) often serve as the initial destinations. This paper excavates the rationales behind the presence of OFCs and suggests that Chinese actors will emulate the practices of developed state multinational corporations and high-net-worth individuals. The implications of these investment practices are outlined along with possible trajectories for their impact on the process of financial liberalisation in China. Consequently, it encourages increased Chinese participation in the development of global financial governance

Business · Capital (architecture · China · Corporate governance · Destinations · Economics · Foreign direct investment · Geography · International economics · International trade · Investment (military · Liberalization · Macroeconomics · Market economy · Multinational corporation · Political science · Tourism · Economic Zones and Regional Development · Global trade and economics · International Development and Aid · Finance