| Summary/Abstract |
The last two decades have witnessed a significant rise and expansion in outward foreign direct investment (OFDI) from China and India. This paper discusses the development process of China's and India's OFDI since the early 1980s, analysing the major driving factors and determinants behind their enterprises' "going out" strategies, and comparing the different structures of their OFDI. The main conclusion is that the OFDI from China and India is likely to expand further in the future as the two giants aspire to become significant regional and global players in their respective industries.
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