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The Rise of Chinese OFDI in Europe

In: Chinese International Investments

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  • Jan Knoerich

Abstract

The year 2003 was a watershed for Chinese outward foreign direct investment (OFDI). Since then, Chinese OFDI has reached record levels year by year, increasing from US$33.22 billion of FDI stocks (US$2.85 billion FDI flows) in 2003 to US$245.75 billion of FDI stocks (US$56.53 billion FDI flows) in 2009 (Ministry of Commerce of People’s Republic of China (MOFCOM), 2009, 2010). As it took 25 years since China initiated its reforms to reach the level of OFDI stock achieved in 2003, these recent increases are particularly striking.

Suggested Citation

  • Jan Knoerich, 2012. "The Rise of Chinese OFDI in Europe," Palgrave Macmillan Books, in: Ilan Alon & Marc Fetscherin & Philippe Gugler (ed.), Chinese International Investments, chapter 9, pages 175-211, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-36157-7_10
    DOI: 10.1057/9780230361577_10
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    Cited by:

    1. Édouard Lanckriet & Joël Ruet, 2019. "La longue marche des nouvelles technologies dites « environnementales » de la Chine : capitalisme d’État, avantages comparatifs construits et émergence d’une industrie," Post-Print hal-03085773, HAL.
    2. Bas Hooijmaaijers, 2021. "A comparative analysis of the role of the state in Chinese, Japanese, and Korean investment in the EU," Asia Europe Journal, Springer, vol. 19(4), pages 427-444, December.
    3. Jan Knoerich & Tina Miedtank, 2018. "The Idiosyncratic Nature of Chinese Foreign Direct Investment in Europe," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 19(04), pages 03-08, December.
    4. Zheng, Qiuxia & Noorderhaven, Niels & Du, Jian, 2022. "Making the unlikely marriage work: The integration process of Chinese strategic asset-seeking acquisitions," Journal of World Business, Elsevier, vol. 57(3).

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