In response to the One Belt One Road (OBOR) initiative, China's overseas direct investment (ODI), especially mergers and acquisitions, rose significantly in the belt-road countries, especially the land-based ones. Comparatively speaking, state-controlled acquirers played a leading role in...

Using an extensive data set on foreign invested enterprises (FIEs) in the Chinese mainland, we compare the sensitivities of the location choice of foreign direct investment (FDI) from six major source countries/areas (Hong Kong, Taiwan, US, EU, Japan and Korea) toward the variation in the...