Chinese firms investing in US for strategic resources, changing global economy.
The article discusses how Chinese companies invest in the United States and the unique challenges they face. Chinese firms lack certain assets compared to advanced companies, so they invest in developed countries to gain strategic resources. The study shows that the process of foreign investment by Chinese firms is different from traditional methods and needs new theories to understand it better. Factors like industry conditions and company-specific assets are crucial for successful foreign investments. This research helps us understand how emerging market firms like Chinese companies invest in developed economies.