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9 September 2019 Effects of China's OFDI on Exports: A Context Analysis with the “21st-Century Maritime Silk Road” Regions
Chenlu Tao, Sitong Liu, Yuan Tian, Xuesong Gu, Baodong Cheng
Author Affiliations +
Abstract

Tao, C.; Liu, S.; Tian, Y.; Gu X. and Cheng, B., 2019. Effects of China's OFDI on Exports: A Context Analysis with the “21st-Century Maritime Silk Road” Regions. In: Gong, D.; Zhu, H. and Liu, R. (eds.), Selected Topics in Coastal Research: Engineering, Industry, Economy, and Sustainable Development. Journal of Coastal Research, Special Issue No. 94, pp. 903–907. Coconut Creek (Florida), ISSN 0749-0208.

With the implementation of the Belt and Road initiative, China will invest more in countries in the “21st-Century Maritime Silk Road” Regions. Using the data of the 63 countries along “the Silk Road Economic Belt and the 21st-Century Maritime Silk Road” from 2004 to 2015, this paper empirically analyzes the effect of Chinese outward direct investment on export in “the Silk Road Economic Belt and the 21st-Century Maritime Silk Road” area. The results reveal that the relationship between Chinese OFDI and export towards the host country is changeable and demonstrates an inverted U shape. As a result, OFDI can make full use of the advantages of each country, realize optimal allocation of resources in the countries along “the Silk Road Economic Belt and the 21st-Century Maritime Silk Road”, and enable the transfer of China's spare capacity. And it should be adopted as China's long-term initiative.

©Coastal Education and Research Foundation, Inc. 2019
Chenlu Tao, Sitong Liu, Yuan Tian, Xuesong Gu, and Baodong Cheng "Effects of China's OFDI on Exports: A Context Analysis with the “21st-Century Maritime Silk Road” Regions," Journal of Coastal Research 94(sp1), 903-907, (9 September 2019). https://doi.org/10.2112/SI94-178.1
Received: 10 January 2019; Accepted: 25 February 2019; Published: 9 September 2019
KEYWORDS
export
Outward Foreign Direct Investment
the Belt and Road
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