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Assets of origin? Chinese multinational enterprises amidst the Belt and Road Initiative
Author(s) -
Wang Liang,
Yan Haifeng,
Yang Xiaohua,
Ciabuschi Francesco,
Wei William X.
Publication year - 2020
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.22134
Subject(s) - multinational corporation , foreign direct investment , business , empirical research , investment (military) , international trade , economics , finance , political science , politics , macroeconomics , law , philosophy , epistemology
This article reviews the current literature on the implications of the Belt and Road (B&R) Initiative for Chinese multinational enterprises (CMNEs) and calls for further empirical investigations of the motivations, processes, and consequences of the expansion of CMNEs into B&R countries. We posit that the rapid expansion of CMNEs in these countries indicates assets, rather than liabilities, for the county of origin. Empirical studies in this special issue provide new insights into what is “Chinese” about Chinese foreign direct investment in B&R countries and how the “assets of origin” may play a role in CMNEs' expansion in B&R countries.