The motivations behind China's government-initiated industrial investments overseas

By M. Wang. 2002

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State ownership effect on firms' FDI ownership decisions under institutional pressure: a study of Chinese outward-investing firms (2012, background): “Consequently, the government sought equivalent advantages of joint ventures (e.g., knowledge transfer, cost saving, and risk sharing) when Chinese firms invested abroad (Buckley et al., 2008; Wang, 2002).”
The determinants of Chinese outward foreign direct investment (2007, background): “In this sense, China has ‘built’ some of its MNEs, as did Singapore, South Korea and Malaysia (Heenan and Keegan, 1979; Yeung, 1998; Wang, 2002; Dicken, 2003).”
The Internationalization of Chinese Firms: A Critical Review and Future Research (2012, background): “The basic assumption of these scholars is that the Chinese Government role may help to lay the foundation for the ICF (Child and Rodrigues 2005; Wang 2002).”
Behind ownership decision of Chinese outward FDI: Resources and institutions (2010, methodology): “Following Walsh, Wang, and Xin (1999) and Wang, Tong, and Koh (2004), we applied a semi-structured interview approach in our case studies.”
Investing for strategic resources and its rationale: The case of outward FDI from Chinese companies (2007, background): “Supporting this assertion, Wang (2002) noted that, excluding Hong Kong and Macau, more than 70% of Chinese overseas subsidiaries were established in industrial countries.”