“ ‘ Going Global ’ in the broad sense
“ ‘ Going Global ’ in the broad sense includes the transna-
tional activities of a nation in the fields of politics, mili –
tary, economy, culture, education, and media. In a narrower
sense, ‘ Going Global ’ refers to ‘ international investment
and cooperation’ at the economic level [ . . . ] . ”
The Going Global Strategy thus also includes other inter-
national proj ects of the Chinese government, such as the
“One Belt, One Road” (OBOR) initiative announced in 2013. 5
Its goal is to promote the regional economic integration,
including the development of a comprehensive network
of infrastructure in Eurasia, under China’ s financial and institutional leadership (Grieger 2016). The official Chi –
nese FDI statistics nowlist investments associated with the
OBOR separately (e. G. MOFCOMet al. 2016: 19). The Going
Global Strategy thus forms the central policy framework for
all international activities pursued by Chinese companies.
Nevertheless, it is not some blueprint produced by China’ s
government to centrally coordinate the overseas invest-
ment of Chinese companies. The strategy links political and
entrepreneurial interests, provided that they are congruent.
Chinese companies whose FDI proj ects align with the gov-
ernment’ s political interests are free to take advantage of
these favorable policies and profit fromthem.
EU Forecast
euf:ba1.8i:22/nws-01