China's outward foreign direct investment(FDI)is different from traditional FDI in various ways,for example being rooted in“Guanxi”in Chinese culture,influenced by govern-ment,and located in developed economies where they have limited ownership advantages compared with local firms.Chinese investment in the United States(the U.s.)is an example of how the location is influenced by economic factors,social linkages,as well as geopolitical events,such as the U.S.-China trade conflict,which deserves more academic attention.It is such a complex phenomenon that cannot be fully explained by traditional FDI theories,which mainly focus on economic factors.In this paper,we illustrate the historical development,distri-bution and firm heterogeneity of Chinese investment in the U.S.from 2000 to 2020,and use a conditional logit model to investigate the location factors.Our study reveals that the number of Chinese investment projects in the U.S.peaked in 2017 and has declined year-over-year since then.These projects are mainly located along the East and West coasts of the U.S.and around the Great Lakes,with the largest numbers in California and New York.Previous Chinese in-vestment agglomeration and ethnic networks both influence the location choice of China's outward FDl,even when controlling for regional attributes and economic embeddedness.In terms of firm heterogeneity,Chinese firms that enter the American market with greenfield in-vestment modes,state-owned enterprises and firms in high-tech sectors are more likely to fol-low previous Chinese investment,but place less emphasis on Chinese ethnic linkages,implying that previous Chinese investment agglomeration can replace the role of Chinese ethnic net-works for these firms.Finally,the U.S.-China trade conflict has significantly lessened the active role of Chinese ethnic networks and has reduced Chinese investment in states with higher in-dustrial output.
随着“21世纪海上丝绸之路”倡议的提出,我国港口企业迎来了新的发展和机遇,对境外港口进行投资区位选择是其发展的关键问题。在此背景下,文章基于栅格法选出港口投资备选区域,在自然条件、腹地经济环境、投资环境、合作基础、港航交通区位等方面基础上,引入可达性模型测度评价对象的陆向区位价值和海向区位价值,构建港口投资指数评价体系,最后利用优劣解距离法(Technique for Order Preference by Similarity to an Ideal Solution, TOPSIS)计算备选区域的投资指数。研究表明,位于马六甲海峡东入口附近区域和位于印度洋的斯里兰卡区域最具投资价值。
