The Rise of Chinese OFDI in Europe

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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.
Original languageEnglish
Title of host publicationChinese International Investments
EditorsIlan Alon, Marc Fetscherin, Philippe Gugler
Place of PublicationBasingstoke
PublisherPalgrave Macmillan
Number of pages36
ISBN (Print)9780230280960
Publication statusPublished - 2012

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