China’s foreign direct investment began to grow in 1999, and gained further momentum when President Xi Jinping launched the Belt and Road Initiative (BRI) in 2013. China is now the largest investor in least-developed countries, in developing Asia, and the fourth-largest investor in Africa. Motivated by concerns about the carbon consequences of China’s overseas investments, Professor Kelly Sims-Gallagher's paper identifies and evaluates Chinese policies governing China’s overseas investments, and focuses particularly on how those policies influence environmental outcomes in recipient countries. Policies governing domestic investments are also examined with a view to clarifying inconsistencies between domestic and overseas policies.
Read the paper