THE ACTIVITIES OF CHINESE INVESTORS ABROAD: THE MAIN FEATURES AND SIGNIFICANCE FOR THE GLOBAL ECONOMY
- Authors: Levchenko T.A.1
-
Affiliations:
- Vladivostok State University of Economics and Service, Vladivostok
- Issue: No 3 (2017)
- Pages: 64-68
- Section: Articles
- URL: https://vektornaukieconomika.ru/jour/article/view/154
- DOI: https://doi.org/10.18323/2221-5689-2017-3-64-68
- ID: 154
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Abstract
At present, export of investment abroad is gaining increasing significance for the Chinese economy – the world’s largest economy. The issues related to the activities of Chinese investors abroad remain important given that the Chinese economy is in constant search of ways to gain new positions in the global market. The purpose of the research paper is to identify the main features of the Chinese investors’ activities in foreign markets and their implications for the modern global economy. According to the data shown in the paper, the volume of Chinese direct investment has grown from almost a zero point to more than $100 billion over the past decade. Developed countries of Europe and North America are becoming increasingly attractive investment directions for Chinese investment. The sectoral focus of investments has a multi-vector character. Public authorities are involved immensely in the process of investment abroad. The research leads to the conclusion that the main element of China’s international economic strategy is the plan to strengthen the impact on the development of the global economy in the following key directions: restructuring the world economic infrastructure through active promotion of the “One Belt – One Way” strategy; changing the world monetary and financial system and the entry of China into the list of its major actors; increasing the volume of export of Chinese capital abroad with orientation toward developed countries and strategically appealing sectors of the innovation-oriented economy; strengthening the role of private investors in the export of Chinese capital. All these changes are impossible without active government support the main directions of which are represented in this paper.
About the authors
Tatiana Aleksandrovna Levchenko
Vladivostok State University of Economics and Service, Vladivostok
Author for correspondence.
Email: tat_levchenko22@mail.ru
PhD (Economics), assistant professor of Chair of economics
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