Illiberal Effects of Chinese Foreign Direct Investment

The Biden administration maintains that China is the only country with both the intent to reshape the international order and the power to do so. One part of China’s economic statecraft toolkit involves state-directed investments through high profile projects in the Belt and Road Initiative which are funded by loans through Chinese development banks. But the role and impact of Chinese companies that provide equity funding for foreign direct investment (FDI) often receive less attention. Does Chinese FDI have illiberal effects on recipient countries. And is this goal part of China’s economic statecraft and foreign policy strategy. To address these questions and more, host Bonnie Glaser is joined by Dr. Jan Knoerich. He is the author on a chapter of Chinese FDI on the recent Oxford publication “Rising Power, Limited Influence”, a collection of essays on the effects of Chinese investment in Europe. Dr. Knoerich is a senior lecturer on the Chinese economy for the Lau China Institute at King’s College in London. He is an expert on the Chinese economy, FDI, and international investment law and policy.

Om Podcasten

China’s rise has captivated and vexed the international community. From defense, technology, and the environment, to trade, academia, and human rights, much of what Beijing does now reverberates across the map. China Global is a new podcast from the German Marshall Fund that decodes Beijing’s global ambitions as they unfold. Every other week, host Bonnie Glaser will be joined by a different international expert for an illuminating discussion on a different aspect of China’s foreign policy, the worldview that drives its actions, the tactics it’s using to achieve its goals—and what that means for the rest of the world.