Has COVID-19 had any impact on outward foreign direct investment from China to the ASEAN and CAREC regions?

Abstract

The paper examines the impact of the COVID-19 pandemic on outward foreign direct investment (OFDI) from China, specifically focusing on State-owned enterprises. It also analyses the potential effects of the Belt and Road Initiative (BRI) on the ASEAN and CAREC regions following the pandemic. It is evident that OFDI of BRI significantly has harmed State- owned enterprises of China in the ASEAN and CAREC regions. Despite this, the paper recommends that the BRI projects should still continue in the post-pandemic period to benefit the countries in these regions.

Document Type

Journal Article

Date of Publication

2023

School

School of Business and Law

Copyright

free_to_read

Publisher

United Nations

Comments

Foo, N., Lean, H. H., & Salim, R. (2023). Has COVID-19 had any impact on outward foreign direct investment from China to the ASEAN and CAREC regions?. Asia-Pacific Sustainable Development Journal, 30(2), 177-198. https://www.unescap.org/kp/2023/asia-pacific-sustainable-development-journal-vol-30-no-2-november-2023

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