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RESEARCH PRODUCT

Outward Foreign Direct Investment by Chinese National Oil Companies

Timothy J. SimpsonIlan AlonGuy C.k. Leung

subject

National securitybusiness.industryState ownedGeography Planning and DevelopmentEnergy securityForeign direct investmentInternational tradeDevelopmentGlobal governanceMarket economyPetroleum industryEconomicsBusiness and International ManagementbusinessDeveloped country

description

Developed countries have become increasingly suspicious about the rapid growth of Chinese investments in their home countries and abroad, commonly citing potential threats to national security and global governance as the main sources of anxieties. As a result, policy measures in some developed markets have been put in place to create additional regulation and oversight, specifically in highly regulated and strategic industries, such as the oil sector. This article refutes a number of popular myths about Chinese investments in the global oil industry, and suggests a more rigorous dialogue with the Chinese authorities relating to their integration into international institutions.

https://doi.org/10.1080/10669868.2015.1073205