ABSTRACT

Introduction After being the largest recipient of foreign direct investment (FDI) among the developing countries for over a decade, China recently entered the top 10 ranked home economies for FDI (UNCTAD 2010). From 2000 to 2010, the stock of Chinese outward FDI increased from US$4 billion to US$317 billion and total annual flows increased from less than US$1 billion in 2000 to US$68 billion in 2010 (MOFCOM 2011).