China's Outward FDI in Central and Eastern Europe

China's emergence as one of the largest FDI source country has attracted global attention. There are many researches on the determinants and characteristics of China's outward FDI, but there are only few researches about China's outward FDI in CEE countries. Based on the dataset, which comprises data of 11 CEE EU member states over the period 2003-2014, this thesis investigates the determinants and patterns of China's outward FDI in CEE-11 countries by using a panel data technique. The regression results reveal that for the whole sample period, culture proximity and existing trade relation have significantly positive impacts and China's FDI in CEE-11 is negatively associated with the institution environment of host country. And the results also demonstrate that determinants of China's FDI in CEE-11 change over time. Besides, political relation is also an important influential factor and policy makers should put more effort to strengthen the bilateral cooperation