China in the Middle East: Foreign Direct Investment, Economic Transformation, and Regional Development

<p dir="ltr">This paper unpacks the uneven manners Chinese investment has taken shape in the Middle East and North Africa (MENA). It takes 2013 as the watershed as it is the year when the Belt and Road Initiative (BRI), China’s foremost diplomatic and economic strategy in engaging wi...

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التفاصيل البيبلوغرافية
المؤلف الرئيسي: Guanie Lim (15445448) (author)
مؤلفون آخرون: Mustafa Yağcı (15445451) (author)
منشور في: 2023
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author Guanie Lim (15445448)
author2 Mustafa Yağcı (15445451)
author2_role author
author_facet Guanie Lim (15445448)
Mustafa Yağcı (15445451)
author_role author
dc.creator.none.fl_str_mv Guanie Lim (15445448)
Mustafa Yağcı (15445451)
dc.date.none.fl_str_mv 2023-03-22T12:00:00Z
dc.identifier.none.fl_str_mv 10.1007/978-981-19-7796-1_32
dc.relation.none.fl_str_mv https://figshare.com/articles/chapter/China_in_the_Middle_East_Foreign_Direct_Investment_Economic_Transformation_and_Regional_Development/22793915
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Human society
Development studies
Political science
Sociology
Foreign direct investment
Economic development
South-South cooperation
The Middle East
China
dc.title.none.fl_str_mv China in the Middle East: Foreign Direct Investment, Economic Transformation, and Regional Development
dc.type.none.fl_str_mv Text
Chapter
info:eu-repo/semantics/publishedVersion
text
description <p dir="ltr">This paper unpacks the uneven manners Chinese investment has taken shape in the Middle East and North Africa (MENA). It takes 2013 as the watershed as it is the year when the Belt and Road Initiative (BRI), China’s foremost diplomatic and economic strategy in engaging with the international community, was announced. The paper forwards three inter-related arguments. Firstly, Chinese firms have not usurped the traditional investors of the MENA (i.e. the US and key European states). Secondly, Chinese investment primarily favours MENA economies with large, young population and high endowment of natural resources. However, there seems to be a shift away to the other MENA economies in the post-BRI era. Thirdly, a significant portion of Chinese investment has financed energy-related activities during the pre-BRI era. The preference for energy-related investment has dropped somewhat after 2013 as Chinese TNCs participate in other activities such as tourism and real estate development.</p><h2 dir="ltr">Other Information</h2><p dir="ltr">Published in: Social Change and Transformation in the Gulf Region<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See chapter on publisher's website: <a href="https://dx.doi.org/10.1007/978-981-19-7796-1_32" target="_blank">https://dx.doi.org/10.1007/978-981-19-7796-1_32</a></p>
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spelling China in the Middle East: Foreign Direct Investment, Economic Transformation, and Regional DevelopmentGuanie Lim (15445448)Mustafa Yağcı (15445451)Human societyDevelopment studiesPolitical scienceSociologyForeign direct investmentEconomic developmentSouth-South cooperationThe Middle EastChina<p dir="ltr">This paper unpacks the uneven manners Chinese investment has taken shape in the Middle East and North Africa (MENA). It takes 2013 as the watershed as it is the year when the Belt and Road Initiative (BRI), China’s foremost diplomatic and economic strategy in engaging with the international community, was announced. The paper forwards three inter-related arguments. Firstly, Chinese firms have not usurped the traditional investors of the MENA (i.e. the US and key European states). Secondly, Chinese investment primarily favours MENA economies with large, young population and high endowment of natural resources. However, there seems to be a shift away to the other MENA economies in the post-BRI era. Thirdly, a significant portion of Chinese investment has financed energy-related activities during the pre-BRI era. The preference for energy-related investment has dropped somewhat after 2013 as Chinese TNCs participate in other activities such as tourism and real estate development.</p><h2 dir="ltr">Other Information</h2><p dir="ltr">Published in: Social Change and Transformation in the Gulf Region<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See chapter on publisher's website: <a href="https://dx.doi.org/10.1007/978-981-19-7796-1_32" target="_blank">https://dx.doi.org/10.1007/978-981-19-7796-1_32</a></p>2023-03-22T12:00:00ZTextChapterinfo:eu-repo/semantics/publishedVersiontext10.1007/978-981-19-7796-1_32https://figshare.com/articles/chapter/China_in_the_Middle_East_Foreign_Direct_Investment_Economic_Transformation_and_Regional_Development/22793915CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/227939152023-03-22T12:00:00Z
spellingShingle China in the Middle East: Foreign Direct Investment, Economic Transformation, and Regional Development
Guanie Lim (15445448)
Human society
Development studies
Political science
Sociology
Foreign direct investment
Economic development
South-South cooperation
The Middle East
China
status_str publishedVersion
title China in the Middle East: Foreign Direct Investment, Economic Transformation, and Regional Development
title_full China in the Middle East: Foreign Direct Investment, Economic Transformation, and Regional Development
title_fullStr China in the Middle East: Foreign Direct Investment, Economic Transformation, and Regional Development
title_full_unstemmed China in the Middle East: Foreign Direct Investment, Economic Transformation, and Regional Development
title_short China in the Middle East: Foreign Direct Investment, Economic Transformation, and Regional Development
title_sort China in the Middle East: Foreign Direct Investment, Economic Transformation, and Regional Development
topic Human society
Development studies
Political science
Sociology
Foreign direct investment
Economic development
South-South cooperation
The Middle East
China