| ID | 129647 |
| Title Proper | Different cases, different faces |
| Other Title Information | Chinese investment in Central and Eastern Europe |
| Language | ENG |
| Author | Jacoby, Wade |
| Publication | 2014. |
| Summary / Abstract (Note) | Chinese investment in Central and Eastern Europe (CEE) is booming. As China's investment pattern has emerged so far, it appears to have little to do with Chinese firms' preferences for liberal policy regimes, tolerance for corruption, or reliance on communist-era networks. This article documents the current size and shape of Chinese firms' efforts to internationalize in this economic space, demonstrating an important difference between Chinese investment behavior in CEE and in the EU-15, namely the region's much more active use of greenfield activity (and lighter use of M&A and strategic alliances). Case studies of each mode (greenfield, M&A, and strategic alliances) reveal little evidence of a "China, Inc." approach and much evidence that Chinese firms are more motivated by market access than by technology or management assistance. |
| `In' analytical Note | Asia Europe Journal Vol.12, No.1-2; March 2014: p.199-214 |
| Journal Source | Asia Europe Journal Vol.12, No.1-2; March 2014: p.199-214 |
| Key Words | Economic Management Assistance - EMA ; Central and Eastern Europe - CEE ; Liberal Policy Regimes ; Chinese Investment Behavior - CIB ; EU-15 ; Economic Space ; Investment Regimes ; Europe ; European Union ; China ; Foreign Direct Investment -FDI ; Chinese Direct Investment ; Developed Economies ; Chinese Investment ; China's Economy ; Chinese Outward Foreign Direct Investment - OFDI ; Economic Policy - China ; Economic Strategy - China |