“In 2016, China’s OFDI surpassed inward FDI for the first time in recent history, reflecting a new role for China as a global investor” (The Beijing Axis, 2017). Explain the drivers behind this change.

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“In 2016, China’s OFDI surpassed inward FDI for the first time in recent history, reflecting a new role for China as a global investor” (The Beijing Axis, 2017). Explain the drivers behind this change.

 

2000 words.