The Effect of China’s Overseas Engineering Projects on National Image

Overseas engineering projects (OEPs) significantly facilitate China’s participation in global politics and economy. Based on Pew Global Surveys from 2005 to 2019, this study investigates the relationship between China’s OEP and the country’s national image. We find that OEPs have a positive impact in this regard, but most significantly in countries participating in the Belt and Road Initiative. Specifically, China’s image gains the most positive impact from transportation and energy projects and, to the greatest extent, from those powered by financial assistance rather than by imported Chinese workers. Such a positive effect is, in addition, most pronounced in low- and middle-income countries with a low level of national governance, while it is negligible in states that are US allies. This study affords a deeper understanding of the spillover effects of overseas economic activities at both the political and social levels

Business · China · Corporate governance · Development economics · Economic growth · Economics · Political science · Politics · Spillover effect · Survey data collection · Global trade and economics · International Business and FDI · International Development and Aid · Finance