To serve foreign markets, firms can either export or set up a local subsidiary through horizontal Foreign Direct …

To serve foreign markets, firms can either export or set up a local subsidiary through horizontal Foreign Direct …

This paper aims to study the determinants of location choice of China's direct energy investment in BRI countries. It …, geographical distance, and institutional distance hinder the location choice of China's OFDI in the energy sector, but the effect … of cultural distance is uncertain. Second, the Belt and Road Initiative has increased China's direct energy investment in …