China's transition from a planned to a market economy has been very successful, although the reforms have been quite different from those proposed by most Western observers. Despite the fact that property rights were not well defined or formally secured, and that one party dominated the...

This paper analyses the determinants of Chinese direct investment (DI) in the European Union (EU). Evidence is based on panel Poisson models drawing on two investment monitors for individual projects. We distinguish between the numbers of greenfield investments (GIs) and mergers and acquisitions...