The Belt and Road Initiative in Southeast Asia

A Mixed Methods Examination

Bibliographic Data

ID12423176
AuthorsAngela Tritto (0000-0002-2386-2688, Hong Kong University of Science and Technology, China, corresponding author), Alvin A Camba (0000-0003-4082-8411, University of Denver, CO, USA)
Year2022
Volume32
Issue141
Pages436-454
Publication date2022-06-19
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Contemporary China (JOURNAL)
Journal identifiersISSN: 1067-0564 • E-ISSN: 1469-9400
PublisherRoutledge (PUBLISHER • GB)
DOI10.1080/10670564.2022.2090099
OpenAlexW4283165823
LanguageEN
Citations received9

How did the Belt and Road Initiative (BRI) shape the volume and destination of Chinese greenfield foreign direct investments (GFDI)? This article examines Chinese GFDI in Indonesia, Malaysia, the Philippines, and Myanmar using quantitative and qualitative data. Results show first, that the BRI led to a surge of investments by firms with stronger government affiliation in sectors related to infrastructure and connectivity. In contrast, the BRI had limited effect on firms in consumption-related industries that are primarily small and privately owned. Second, the change in sectoral destination of Chinese GFDI after the BRI is explained by the strength of diplomatic bilateral relations, which generate government support for investments in specific industries, and by host market conditions, such as favourable regulatory environments and positive economy outlook

Business · China · Economics · Economy · Foreign direct investment · Government (linguistics · Political science · Global trade and economics · International Business and FDI · International Development and Aid

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