2023
DOI: 10.1111/apv.12386
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Beyond as bridges: The role of the Chinese voluntary associations in Chinese outward foreign direct investment in Southeast Asia

Yutian Liang,
Zhengke Zhou

Abstract: With the implementation of the ‘Go Global’ strategy and the Belt and Road Initiative, Chinese enterprises have gradually grown into the main force of outward foreign direct investment (OFDI) around the world. Overseas and domestic Chinese voluntary associations (CVAs) have actively promoted inward foreign direct investment in China, while their role in helping Chinese enterprises invest abroad has not been fully revealed. To address this lacuna, we explore the role of CVAs in the foreign direct investment of C… Show more

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Cited by 4 publications
(5 citation statements)
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References 44 publications
(72 reference statements)
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“…In the positive case, the global and local does not always denote opposition. Liang and Zhou's (2023) paper shows how a global‐local perspective is useful to explore the role of CVAs in the OFDI of Chinese enterprises in Southeast Asia. For one thing, Chinese MNEs can effectively connect global resources and facilitate information‐sharing through the global contact network of CVAs.…”
Section: Dual Facing As Methodsmentioning
confidence: 99%
See 3 more Smart Citations
“…In the positive case, the global and local does not always denote opposition. Liang and Zhou's (2023) paper shows how a global‐local perspective is useful to explore the role of CVAs in the OFDI of Chinese enterprises in Southeast Asia. For one thing, Chinese MNEs can effectively connect global resources and facilitate information‐sharing through the global contact network of CVAs.…”
Section: Dual Facing As Methodsmentioning
confidence: 99%
“…In addition to enhancing host societies' linkage to China, CVAs play a particularly important role for China to implement BRI-related projects and the 'Go Global' strategy in Southeast Asia. Liang and Zhou's (2023) paper reveals that the platform of CVAs and activities organised by them could provide Chinese multinational enterprises (MNEs) with chances to obtain global information and resources that are crucial for the decision-making process of outward foreign direct investment (OFDI). Chinese MNEs rely on CVAs to specify investment sites, provide suggestions for reducing search costs and facilitate their local embeddedness in Southeast Asian countries.…”
Section: Transnationalisationmentioning
confidence: 99%
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“…Expanding and deepening our understanding of how Chinese voluntary associations navigate the demands placed on them at both ends of the spectrum (e.g. see Liu and Ren, 2023;Zhang, in press;Liang and Zhou, 2023) is particularly important in contemporary times given China's growing political and economic clout globally, as well as the potentially distrustful way in which such associations (especially the newer ones) may be viewed by domestic publics in their countries of settlement.…”
mentioning
confidence: 99%