AMBITIOUS TRANSNATIONAL CORPORATIONS - THE EXAMPLE OF CHINA IN THE LIGHT OF CLASSICAL THEORY (Feltorekvo transznacionalis tarsasagok - a kinai pelda a klasszikus elmelet tukreben)
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Some analysts have concluded from case studies on Chinese and other South-East Asian exporters of operating capital that time is up for Dunning's mainstream eclectic theory of the features of capital flows and the development of the investment path. This article contributes to this debate, based on the example of Chinese capital exports. After reviewing the attributes and motives of Chinese capital exporters, in the light of the theory of international capital investment, the author investigates whether the capital exports of developing/converging countries and the appearance of ambitious transnational corporations really does call for a new theory.
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