ABSTRACT

Tao, C.; Liu, S.; Tian, Y.; Gu X. and Cheng, B., 2019. Effects of China's OFDI on Exports: A Context Analysis with the “21st-Century Maritime Silk Road” Regions. In: Gong, D.; Zhu, H. and Liu, R. (eds.), Selected Topics in Coastal Research: Engineering, Industry, Economy, and Sustainable Development. Journal of Coastal Research, Special Issue No. 94, pp. 903–907. Coconut Creek (Florida), ISSN 0749-0208.

With the implementation of the Belt and Road initiative, China will invest more in countries in the “21st-Century Maritime Silk Road” Regions. Using the data of the 63 countries along “the Silk Road Economic Belt and the 21st-Century Maritime Silk Road” from 2004 to 2015, this paper empirically analyzes the effect of Chinese outward direct investment on export in “the Silk Road Economic Belt and the 21st-Century Maritime Silk Road” area. The results reveal that the relationship between Chinese OFDI and export towards the host country is changeable and demonstrates an inverted U shape. As a result, OFDI can make full use of the advantages of each country, realize optimal allocation of resources in the countries along “the Silk Road Economic Belt and the 21st-Century Maritime Silk Road”, and enable the transfer of China's spare capacity. And it should be adopted as China's long-term initiative.

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