Are Chinese enterprises going global responsibly?
By Gloria Luo, Program Manager, CSR Asia
As posted on CECP Insights Blog
China is now the second largest investing country in the world, with it's outward foreign direct investment (FDI) rising 44 percent to $183 billion in 2016, according to the World Investment Report 2017 published by the United Nations Conference on Trade and Development. China’s latest official statistics show that by the end of 2016, around 24,400 domestic investors had established some 37,200 FDI enterprises in 190 countries and regions.
The global expansion of Chinese enterprises has been a rather recent phenomenon since the early 2000s, and is closely tied with China’s ambitions for global leadership and cooperation. The policy rubric of “Going Global” has also evolved from the Hu–Wen leadership to the Xi-Li leadership.
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