China’s Outward Investment and the Global Financial Crisis: Challenges and Opportunities
China’s emergence as a source of both portfolio and foreign direct investment has triggered significant interest and some concern. If China’s outward investment continues to follow current trends, the ongoing global financial crisis will only amplify the impact of Chinese investment decisions on the United States and the global economy. America’s leaders need to better understand the trends, drivers, and implications of the challenges and opportunities presented by China’s new role as a global investor, and how the global financial crisis could affect China’s actions and, consequently, America’s global interests. To address the need for comprehensive analysis of the trends, emerging actors, strategies, and economic and strategic implications of China’s outward foreign investment, and how the global financial crisis might impact China’s decisions and influence, The National Bureau of Asian Research proposes to launch a research initiative to assess these important aspects of China’s integration into the global economy.