Assets of origin? Chinese multinational enterprises amidst the Belt and Road Initiative. (13th April 2020) - Wang, Liang
Abstract: 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.