{"title":"The Belt and Road Initiative in Southeast Asia: A Mixed Methods Examination","authors":"Angela Tritto, A. Camba","doi":"10.1080/10670564.2022.2090099","DOIUrl":null,"url":null,"abstract":"ABSTRACT How did the Belt and Road Initiative (BRI) shape the volume and destination of Chinese greenfield foreign direct investments (GFDI)? This article examines Chinese GFDI in Indonesia, Malaysia, the Philippines, and Myanmar using quantitative and qualitative data. Results show first, that the BRI led to a surge of investments by firms with stronger government affiliation in sectors related to infrastructure and connectivity. In contrast, the BRI had limited effect on firms in consumption-related industries that are primarily small and privately owned. Second, the change in sectoral destination of Chinese GFDI after the BRI is explained by the strength of diplomatic bilateral relations, which generate government support for investments in specific industries, and by host market conditions, such as favourable regulatory environments and positive economy outlook.","PeriodicalId":47894,"journal":{"name":"Journal of Contemporary China","volume":"32 1","pages":"436 - 454"},"PeriodicalIF":2.4000,"publicationDate":"2022-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Contemporary China","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1080/10670564.2022.2090099","RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"AREA STUDIES","Score":null,"Total":0}
引用次数: 4
Abstract
ABSTRACT How did the Belt and Road Initiative (BRI) shape the volume and destination of Chinese greenfield foreign direct investments (GFDI)? This article examines Chinese GFDI in Indonesia, Malaysia, the Philippines, and Myanmar using quantitative and qualitative data. Results show first, that the BRI led to a surge of investments by firms with stronger government affiliation in sectors related to infrastructure and connectivity. In contrast, the BRI had limited effect on firms in consumption-related industries that are primarily small and privately owned. Second, the change in sectoral destination of Chinese GFDI after the BRI is explained by the strength of diplomatic bilateral relations, which generate government support for investments in specific industries, and by host market conditions, such as favourable regulatory environments and positive economy outlook.
期刊介绍：
Journal of Contemporary China is the only English language journal edited in North America that provides exclusive information about contemporary Chinese affairs for scholars, businessmen and government policy-makers. It publishes articles of theoretical and policy research and research notes, as well as book reviews. The journal"s fields of interest include economics, political science, law, culture, literature, business, history, international relations, sociology and other social sciences and humanities.
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