International Political Economy of Chinese Outward Foreign Direct Investment

This book centers on the political economy behind the internationalization of Chinese multinational enterprises (MNEs). Special attention has been given to the role of political-sided considerations and state policies in their investment strategies during the “stable period” (2006 to 2017) when Chinese Outward Foreign Direct Investment (OFDI) witnessed substantial growth, even as the entire world was relatively friendly towards Chinese MNEs. The author uses scientific methods to develop Country Political Risk Index (CPRI)—the first composite index that captures how Chinese MNEs perceive political risk in host countries when making investment decisions, applies it to China Global Investment Tracker (CGIT) dataset Qiuyu GaoYan, PhD in Political Science (HSE University) is assistant professor and Chenhui research fellow at Center for Russian studies, School of Politics and International Relations, East China Normal University. A young expert on geopolitical risk analysis, Chinese multinationals, China’s political development and China-Russia relations, he contributes to policy recommendations and consults for Chinese and foreign MNEs. Dr.GaoYan received bachelor’s and joint-master’s degrees from Wuhan University, University of St.Andrews and MGIMO University.