Macedo, Jorge Braga de; Pereira, Luis Brites; Lopes, … - Faculdade de Economia, Universidade Nova de Lisboa - 2009
We assess the determinants of Chinese direct investment in Africa compared with those of global FDI. We find that economic size and macroeconomic stability are positively correlated with Chinese and global FDI in Africa. Institutional variables, such as accountability and rule of law, are not...