Skip to main content Accessibility help
×
Hostname: page-component-8448b6f56d-sxzjt Total loading time: 0 Render date: 2024-04-24T14:55:18.339Z Has data issue: false hasContentIssue false

Chinese Foreign Direct Investments in Europe. The Polish Case

from PART TWO - Economy and Markets in Transition

Published online by Cambridge University Press:  22 December 2017

Luciano Segreto
Affiliation:
School of Political Sciences of the University of Florence
Magdalena Popowska
Affiliation:
Associate Professor, Associate- Dean for International and Public Affairs
Joanna Wardęga
Affiliation:
Jagiellonian University in Kraków
Get access

Summary

Foreign Direct Investment (FDI) has been one of the most discussed topics in the economic globalization. In effect, Multi-National Corporations (MNCs) consider FDI as an important means to reform their production activities across the borders, maintaining the corporate strategies while using the competitive advantages of the host country. The inflow of FDI in the host country has seen as a significant opportunity to integrate their economies into the global market, and to promote their economic development. Host country's government, in order to maximize FDI's benefits, employs a variety of policies and measures. Nowadays, China becomes one of the biggest players in this FDI global game.

This paper aims to present an updated vision of Chinese foreign investments in Europe, focusing particularly on Poland. The internationalization process of Chinese companies, which is perceived as the consequence of the greatest economic phenomenon that can be described as the progressive integration of China in the global economy, occurred in the last decades. It has been worth noticing how nowadays, enterprises compete among them through international strategies, not only on a trade relation basis, but also increasingly through overseas foreign direct investment (FDI). The framework in which the Chinese enterprising is evolving is taking enormous proportions, and it is expanding throughout the global market, seeking new opportunities and resources. Hence, seeking more favourable conditions than those found within their own national borders.

Short historical background

The inflow of FDI in China over the past 20 years, has significantly influenced its economic development. Since the opening-up to the global economy, China became one of the most important host countries for FDI flows (Wei & Liu, 2011). Therefore, the foreign companies established in the Mainland did not only provide financial capital, but also human capital such as management expertise and new technologies. In addition, FDI have helped to integrate the country into the regional and the global manufacturing and sales process, which has been determinant in intensifying its export-driven economic growth. Accordingly, it is now widely recognized that foreign investment has contributed significantly in the Chinese process of modernization (Jiang, 2012).

Nowadays, the trend has changed; from China's impressive economic development, and after its accession to WTO in 2001, the Chinese government decided to adopt a policy aiming at encouraging Chinese outbound investments.

Type
Chapter
Information
Publisher: Jagiellonian University Press
Print publication year: 2016

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×