The Global Financial Crisis (GFC) brought to the fore the limits of the Chinese export led-growth strategy and the need for Chinese rebalancing of its international business approaches. Our paper takes stock of what may be the new chapter of Chinese outward-mercantilism, which aims at securing a...

The Global Financial Crisis (GFC) brought to the fore the limits of the Chinese export led-growth strategy and the need for Chinese rebalancing of its international business approaches. Our paper takes stock of what may be the new chapter of Chinese outward-mercantilism, which aims at securing a...

We study the relationship between international migration and foreign direct investment (FDI), differentiating between the two modes of entry: Greenfield FDI and cross-border mergers and acquisitions (M&A). Each mode may face different formal and informal information barriers, from regulations,...

China accelerated FDI policy reforms since the presidency of Donald Trump. We evaluate how multinational enterprises (MNEs) respond to such reforms amid rising trade policy uncertainty. Applying difference-in-differences approach on monthly bilateral FDI from 2015 to 2019, we find that reforms...

Foreign Direct Investments (FDI) are often considered long-term and less sensitive to global shocks as they involve large amounts of capital investment that are costly to reverse. This study examines whether a pandemic arbitrage through “distance” in COVID-19 infection rates impacts FDI....

China has strategically accelerated liberalization of foreign direct investment (FDI) since Donald Trump won the 2016 United States presidential election. We find that, despite rising US-China trade tension, this investment liberalization increases FDI from non-US advanced markets (AMs) to China...