Przejdź do głównego menu Przejdź do sekcji głównej Przejdź do stopki
SM baner

Tom 72 Nr 3 (2019): Azja: Kultura – Edukacja – Społeczeństwo

Gospodarka

Bezpośrednie inwestycje zagraniczne we francusko-chińskiej współpracy gospodarczej w kontekście dwustronnych relacji Unii Europejskiej z Chinami

DOI: https://doi.org/10.35757/SM.2019.72.3.13
Przesłane: 8 maja 2020
Opublikowane: 27 września 2019

Abstrakt

The goals of the paper are: to analyse the scale and nature of foreign direct investments (FDI) in the economic cooperation between France and China; to explain the main reasons for the Chinese capital commitment in the form of FDI in the European Union (EU) and France as well as French one in China; and to identify the conditions and barriers in the flow of FDI and the main activities undertaken by France and the EU to introduce more symmetry in relations with China. The following research hypothesis has been adopted: FDI are an important element of the economic cooperation between France and China, which is developed despite barriers including differences in potentials and asymmetry in market access. In the face of China’s growing activity in the global economy, noticing the benefits, France does not question the bilateral relations but puts more emphasis on the need to create coherent and coordinated strategy towards China at the EU level. This analysis allowed formulation of a few main conclusions. The recent dynamic inflow of Chinese FDI to the EU (including France) is closely connected with China’s measures aimed at reinforcing its position in the global economy. The dynamic and nature of Chinese FDI coming to France and other EU countries, asymmetry in access to markets, the Belt and Road Initiative, changes in the US trade policy and divisions among EU member countries pose challenges to the EU. France is fully committed to creating a common EU strategy towards China and restoring the balance within the EU-China strategic partnership.

Bibliografia

  1. Amiti M., Smarzynska-Javorcik B., Trade costs and location of foreign firms in China, „Journal of Development Economics” 2008, vol. 85, No. 1−2.
  2. Buchanan B. G., Le Q. V., Rishi M., Foreign direct investment and institutional quality: Some empirical evidence, „International Review of Financial Analysis” 2012, vol. 21, No. 6.
  3. Cai P., Understanding China’s Belt and Road Initiative, Lowy Institute for International Policy, [Sydney] 2017 (Analysis), dostępny w internecie [dostęp: 20 VI 2019]: <https://www.lowyinstitute.org/sites/default/files/documents/Understanding%20China%E2%80%99s%20Belt%20and%20Road%20Initiative_WEB_1.pdf>.
  4. Chakrabarti A., The determinants of foreign direct investment: Sensitivity analyses of cross country regression, „Kyklos. International Review for Social Sciences” 2001, vol. 54, No. 1.
  5. Chantasasawat B., Fung K. C., Iizaka H., Siu A., FDI flows to Latin America, East and Southeast Asia and China: Substitutes or complements?, „Review of Development Economics” 2010, vol. 13, No. 3.
  6. Chen Y., Agglomeration and location of foreign direct investment. The case of China, „China Economic Review” 2009, vol. 20, No. 3.
  7. Cheng L. K., Kwan Y. K., What are the determinants of the location of foreign direct investment? The Chinese experience, „Journal of International Economics” 2000, vol. 51, No. 2.
  8. Chinesische Unternehmenskäufe in Europa. Eine Analyse von M&A-Deals 2006−2016, Ernst & Young, Düsseldorf –München 2017.
  9. Desbordes R., Wei S.-J., The effect of financial development on foreign direct investment, „Journal of Development Economics” 2017, vol. 127.
  10. Dodman B., „Make it a two-way street”: China’s Silk Road faces French roadblock, „France 24” [online], 25 III 2019 [dostęp: 28 VI 2019], dostępny w internecie: <https://www.france24.com/en/20190325-china-xi-jinping-macron-belt-road-france>.
  11. Druś M., Airbus otworzył montownię w Chinach, „Puls Biznesu” [online], 20 IX 2017 [dostęp: 13 VI 2019], dostępny w internecie: <https://www.pb.pl/airbus-otworzyl-montownie-w-chinach-871728>.
  12. Du J., Lu Y., Tao Z., Economic institutions and FDI location choice: Evidence from US multinationals in China, „Journal of Comparative Economics” 2008, vol. 36, No. 3.
  13. Europe and China. Strategic partners or rivals?, ed. R. Vogt, Hong Kong University Press, Hong Kong 2012.
  14. Gao T., Foreign direct investment in China: How big are the roles of culture and geography?, „Pacific Economic Review” 2005, vol. 10, No. 2.
  15. The Global Innovation Index 2018. Energizing the World with Innovation, ed. S. Dutta, B. Lanvin, S. Wunsch-Vincent, Cornell University, INSEAD, World Intellectual Property Organization, Ithaca–Fontainebleau–Geneva 2018, dostępny w internecie [dostęp: 30 VI 2019]: <https://www.globalinnovationindex.org/gii-2018-report#>.
  16. Goldberg M. A., Henkel R. L., Maurice L. D., Foreign direct investment: The human dimension, „Journal of International Money and Finance” 2005, No. 24.
  17. Görg H., Greenway D., Much ado about nothing? Do domestic firms really benefit from foreign direct investment?, „World Bank Research Observer” 2004, vol. 19, No. 2.
  18. Grieger G., Foreign direct investment screening. A debate in light of China-EU FDI flows, European Parliamentary Research Service, PE 603.941, European Union 2017, dostępny w internecie [dostęp: 16 VII 2019]: <http://www.europarl.europa.eu/RegData/etudes/BRIE/2017/603941/EPRS_BRI(2017)603941_EN.pdf>.
  19. Hanemann T., Huotari M., Record flows and growing imbalances. Chinese investment in Europe in 2016, Mercator Institute for China Studies, Rhodium Group, Berlin 2017 (MERICS Papers on China, 3), dostępny w internecie [dostęp: 17 V 2019]: <https://rhg.com/research/record-flows-and-growing-imbalances-chinese-investment-in-europe-in-2016/>.
  20. Hardig T., Smarzynska-Javorcik B., Roll out the Red carpet and they will come: Investment promotion and FDI infl ows, „Economic Journal” 2011, No. 121 (557).
  21. Hill H., Jongwanich J., Outward foreign direct investment and the fi nancial crisis in developing East Asia, „Asian Development Review” 2009, vol. 26, No. 2.
  22. Hsu S., Foreign firms wary of „Made in China 2025”, but it may be China’s best chance at innovation, „Forbes” [online], 30 III 2017 [dostęp: 7 VII 2019], dostępny w internecie: <https://www.forbes.com/sites/sarahsu/2017/03/10/foreign-firms-wary-of-made-in-china-2025-but-it-may-be-chinas-best-chance-at-innovation/#589f7b1b24d2>.
  23. Hu Y., Zhou L., Wuhan becomes hub for French firms, „China Daily” [online], 27 III 2019 [dostęp: 9 VI 2019], dostępny w internecie: <https://www.chinadailyhk.com/articles/252/228/130/1553669511947.html?newsId=66003>.
  24. Huang Y., Tang H., FDI policies in China and India: Evidence from fi rm surveys, „The World Economy” 2012, vol. 35, No. 1.
  25. IMD World Competitiveness ranking 2019, IMD World Competitiveness Center, [Lausanne–Singapore] 2018, dostępny w internecie [dostęp: 29 VI 2019]: <https://www.imd.org/contentassets/6b85960f0d1b42a0a07ba59c49e828fb/one-year-change-vertical.pdf>.
  26. Javorcik B., The composition of foreign direct investment and protection of intellectual property rights: Evidence from transition economies, „European Economic Review” 2004, vol. 48, No. 1.
  27. Johnson Ch. K., President Xi Jinping’s „Belt and Road” initiative: A practical assessment of the Chinese Communist Party’s roadmap for China’s global resurgence, Center for Strategic and International Studies, Washington D. C. 2016 (CSIS Report), dostępny w internecie [dostęp: 18 VI 2019]: <https://www.csis.org/analysis/president-xi-jinping’s-belt-and-road-initiative>.
  28. Khachoo A. Q., Khan M. I., Determinants of FDI infl ows to developing countries. A panel data analysis, University Library of Munich, Munich 2012.
  29. Kublik A., Europa Zachodnia otwiera się na Chiny. Nieformalny szczyt w Paryżu, „Gazeta Wyborcza” [online], 26 III 2019 [dostęp: 22 VII 2019], dostępny w internecie: <http://wyborcza.pl/7,155287,24587356,europa-zachodnia-otwiera-sie-na-chiny-nieformalny-szczyt-w.html>.
  30. Le Corre Ph., Quelles perspectives pour les relations franco-chinoises?, „Institut Montaigne” [online], 8 I 2018 [dostęp: 23 VII 2019], dostępny w internecie: <https://www.institutmontaigne.org/blog/quelles-perspectives-pour-les-relations-franco-chinoises>.
  31. Lee J.-Y., Mansfield E. W., Intellectual property protection and US foreign direct investment, „Review of Economics and Statistics” 1996, vol. 78, No. 2.
  32. Leplâtre S., Carrefour se désengage de Chine, „Le Monde” [online], 23 VI 2019 [dostęp: 5 VI 2019], dostępny w internecie: <https://www.lemonde.fr/economie/article/2019/06/23/carrefour-cede-80-de-ses-activites-en-chine_5480333_3234.html>.
  33. Liu C., French companies keen to seize BRI opportunities, „China Daily” [online], 29 IX 2018 [dostęp: 26 VI 2019], dostępny w internecie: <http://www.chinadaily.com.cn/a/201809/29/WS5bae8b46a310eff30328020a.html>.
  34. Liu Y., Ke G., Le train de marchandises Wuhan-Lyon, symbole d'un nouveau boom commercial, „People Daily” [online], 15 IV 2019 [dostęp: 25 VI 2019], dostępny w internecie: <http://french.peopledaily.com.cn/Economie/n3/2019/0415/c31355-9566975.html>.
  35. Luo Ch., Chai Q., Chen H., „Going global” and FDI infl ows in China: „One Belt & One Road” initiative as a quasi-natural experiment, „The World Economy” 2019, vol. 42, No. 6.
  36. Michałowski T., Międzynarodowe przepływy kapitałowe we współczesnej gospodarce światowej, [w:] Międzynarodowe stosunki gospodarcze, red. E. Oziewicz, T. Michałowski, Polskie Wydawnictwo Ekonomiczne, Warszawa 2013.
  37. Międzynarodowe stosunki gospodarcze, red. E. Oziewicz, T. Michałowski, Polskie Wydawnictwo Ekonomiczne, Warszawa 2013.
  38. Nicolas F., France and China’s Belt and Road Initiative, „Italian Institute for International Political Studies” [online], 8 IV 2019 [dostęp: 22 IV 2019], dostępny w internecie: <https://www.ispionline.it/en/pubblicazione/france-and-chinas-belt-and-road-initiative-22787>.
  39. Noorbakhsh F., Paloni A., Youssef A., Human capital and FDI inflows to developing countries: New empirical evidence, „World Development” 2001, vol. 29, No. 9.
  40. Pomfret R., The Eurasian Landbridge and China’s Belt and Road Initiative: Demand, supply of services and public policy, „The World Economy” 2019, vol. 42, No. 6.
  41. Radomska E., Chińskie bezpośrednie inwestycje zagraniczne w Unii Europejskiej – kontrowersje i wyzwania, „Kwartalnik Naukowy Uczelni Vistula / Vistula Scientific Quarterly” 2018, nr 2 (56).
  42. Relations bilatérales, „France Diplomatie” [online], 28 VI 2019 [dostęp: 1 VI 2019], dostępny w internecie: <https://www.diplomatie.gouv.fr/fr/dossiers-pays/chine/relations-bilaterales/>.
  43. Rudzki P., Druga fabryka Airbusa w Chinach, „Rzeczpospolita” [online], 4 VII 2015 [dostęp: 11 VI 2019], dostępny w internecie: <https://www.rp.pl/Biznes/307049978-Druga-fabryka-Airbusa-w-Chinach.html>.
  44. Salike N., Role of human capital on regional distribution of FDI in China: New evidence, „China Economic Review” 2016, vol. 37, No. 2.
  45. Suokas J., China remains second largest FDI recipient in the world, „GB Times” [online], 22 I 2019 [dostęp: 15 V 2019], dostępny w internecie: <https://gbtimes.com/china-remains-second-largest-fdi-recipient-in-the-world>.
  46. Vogt R., Europe and China: A maturing Relationship, [w:] Europe and China, Strategic Partners or Rivals?, ed. R. Vogt, Hong Kong University Press, Hong Kong 2012.
  47. Wang J., The economic impact of special economic zones: Evidence from Chinese municipalities, „Journal of Development of Economics” 2013, vol. 101, No. 1.
  48. Wang J., Fiscal decentralization, endogenous policies and foreign direct investment: Theory and evidence from China and India, „Journal of Development of Economics” 2013, vol. 103, No. 1.
  49. Whalley J., Xin X., China’s FDI and non-FDI economies and the sustainability of future high Chinese growth, „China Economic Review” 2010, vol. 21, No. 1.
  50. Wolff G. B., How should the EU position itself in a global trade war?, „Intereconomics. Review of European Economic Policy” 2018, vol. 53, No. 2.
  51. Yong C.-C., Yew S.-Y., Huang X., Chin M.-Y., The determinants of foreign direct investment in China: A spatial panel analysis, „International Journal of Management Studies” 2016, vol. 23, No. 1.
  52. Zhang A., CIETAC investment arbitration rules, „Leiden Law Blog” [online], 29 IX 2017 [dostęp: 4 VII 2019], dostępny w internecie: <http://leidenlawblog.nl/articles/cietac-investment-arbitration-rules>.

Downloads

Download data is not yet available.

Podobne artykuły

1 2 3 4 > >> 

Możesz również Rozpocznij zaawansowane wyszukiwanie podobieństw dla tego artykułu.