Introduction -- The China dream -- The facts on Chinese OFDI -- The five biases -- The barrier of political ideology -- The complexity of culture -- International strategy -- Firm performance and the role of the financial system -- Management education -- Concluding remarks

Jakob Schwab analyzes central mechanisms in the systematic economic interaction between rich and poor countries. He focuses on the drivers and effects of investment in developing countries and shows that predictions of standard economic analysis may turn around when accounting for peculiarities...