This book explores the three tracks of China's investment policy and strategy: bilateral agreements, regional agreements, and global initiatives. Its overarching topic is whether these three tracks compete with or complement one another - a question of profound importance for China's political and economic future and world investment governance.

This investigation uses state-mobilized globalization as a framework to understand China's capitalism and emergence as a global power.

In recent years, in line with China’s Going Out strategy announced in 2000, China’s overseas investment activities have increased greatly and at increasing rates. By the end of 2009, the total value of China’s outward foreign direct investment had reached US$5.6 billion. Policies have played strong supporting roles in bringing about this trend by facilitating and encouraging Chinese companies to make overseas investments. This working paper summarises these policies based on an analysis of policy changes over time and identifies the main drivers of these changes. It also highlights some key research questions of relevance to deepening understanding of the impacts of Chinese trade and investment in Africa. The project ‘Chinese trade and investment in Africa: Assessing and governing trade-offs to national economies, local livelihoods and forest ecosystems’ project, launched in March 2010, aims to advance understanding of the social, economic and environmental impacts of Chinese investment in commodities or sectors affecting forests and livelihoods in Africa (e.g. timber, mining, agriculture), and to strengthen the capacity of decision-makers in government, civil society and the private sector to enact reforms to maximise social and economic benefits while minimising adverse effects.

Examines China's overseas financial investments in the developing world, and its impact on national economic policymaking in the Americas.

How the planet's two largest greenhouse gas emitters navigate climate policy. The United States and China together account for a disproportionate 45 percent of global carbon dioxide emissions. In 2014, then-President Obama and Chinese President Xi Jinping announced complementary efforts to limit emissions, paving the way for the Paris Agreement. And yet, with President Trump's planned withdrawal from the Paris accords and Xi's consolidation of power—as well as mutual mistrust fueled by misunderstanding—the climate future is uncertain. In Titans of the Climate, Kelly Sims Gallagher and Xiaowei Xuan examine how the planet's two largest greenhouse gas emitters develop and implement climate policy. Through dispassionate analysis, the authors aim to help readers understand the challenges, constraints, and opportunities in each country. Gallagher—a former U.S. climate policymaker—and Xuan—a member of a Chinese policy think tank—describe the specific drivers—political, economic, and social—of climate policies in both countries and map the differences between policy outcomes. They characterize the U.S. approach as “deliberative incrementalism”; the Chinese, meanwhile, engage in “strategic pragmatism.” Comparing the policy processes of the two countries, Gallagher and Xuan make the case that if each country understands more about the other's goals and constraints, climate policy cooperation is more likely to succeed.

Mainland China businesses are going global, transforming the country from a manufacturing export platform into an overseas investment powerhouse. China Goes Global is the most thorough and up-to-date empirical analysis of the accelerating effort of Chinese companies to go global by investing overseas. It details the overall trends of this activity with respect to its sectors, channels, overseas targets, and particular firms, along the role of Chinese Government policy in facilitating business enterprise globalization. The book offers readers an enterprise level of view outward expansion by Chinese firms that is focused not only on the big-names, but also less well-known, but equally important trailblazing enterprises. In doing so it offers practical suggestions on how firms can tackle the challenges encountered when expanding outward.

With the world's second largest economy, China has the capacity to engage in substantial programs of development assistance and government investment in any and all of the emerging-market countries. RAND researchers assessed the scale, trends, and composition of these programs in 93 countries in six regions: Africa, Latin America, the Middle East, South Asia, Central Asia, and East Asia.