Can China’s Outward FDI be explained by general FDI theory?
China’s surging OFDI has been a prominent phenomenon since the start of 20th century. As China’s economic growth is widely received as following a unique path, a question arises immediately---does Chinese outward investment also follows a distinctive pattern which can only be explained by special theori¬es? This paper analyzes the determinants of Chinese OFDI by adopting Random Effects FGLS estima