Gawellek, Bastian; Lyu, Jingjing; Süssmuth, Bernd - 2016
Using data on Chinese large-scale overseas investment and project contracts by sector, we analyze whether Chinese … that, on average, COA did not increase vulnerability to the global recession. However, both the sectoral targeting and the …, substantial precrisis investment in the energy, metals and transportation industries implied an attenuation of the slump. …