ABSTRACT

This chapter presents the findings of this study and discusses their implications for theory. It concludes that the results that I find for Africa are valid for regions other than Africa. In terms of theoretical implications, this book documents that, following the increasing activities abroad, state-owned enterprises (SOEs) have become stronger and more profitable over the course of the ten-year period under investigation. The analysis has provided evidence that following the rise of SOEs, there has been a key change in the actors involved in China’s foreign policy and in its “Going Out” (走出去/zouchuqu) policy and the SOEs now have an impact on Chinese foreign policy. The book shows that, overall, economic interests dominate the activities of the Chinese NOCs abroad. The findings of this analysis speak to the China-rise literature, as they illuminate how, contrary to the standard take in much of the secondary literature, the rise of China will be peaceful.