Eichengreen, Barry; Tong, Hui - 2021
countries to attract FDI. We do so using an approach that accounts for the endogeneity of China's FDI. The impact turns out to … vary by region. China's rapid growth and attractions as a destination for FDI also encourages FDI flows to other Asian … countries, as if producers in these economies belong to a common supply chain. There is also evidence of FDI diversion from OECD …