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ID106014
Title ProperChinese private direct investment and overseas Chinese network in Africa
LanguageENG
AuthorSong, Hong
Publication2011.
Summary / Abstract (Note)Based on extensive interviews in China and in Africa over 2 years, the present paper investigates Chinese private direct investment in Africa. Drawing on the Swedish Uppsala model, we explore two mian issues. First, do Chinese private enterprises follow the linear mode to invest in Africa? Second, if not, how do they go out and develop their investments, and who helps them overcome the obstacles to investing in Africa? We find that very few Chinese private enterprises follow a linear internationalization process, and most depend on the local overseas Chinese network and other networks to facilitate their entry into the host market. The reason lies in that Chinese private enterprises are still at the early stage of internationalization. Entrepreneurship is one of the most important ownership advantages of Chinese private enterprises investing in Africa.
`In' analytical NoteChina and World Economy Vol. 19, No. 4; Jul-Aug 2011: p.109-126
Journal SourceChina and World Economy Vol. 19, No. 4; Jul-Aug 2011: p.109-126
Key WordsChinese Private Enterprise ;  Outward Foreign Direct Investment ;  Overseas Chinese ;  Business Network