Shujie Yao is Founding Head of School of Contemporary Chinese Studies, University of Nottingham, UK and Special Chair Professor of Economics, University of Chongqing and Xi'an Jiaotong University, China.   Pan Wang is currently a senior manager of Pingan Trust Co., Ltd, which is one of the largest insurance companies in China. His major research interest focuses on the China's outward foreign direct investment.

• 1. Introduction 2. Literature on China's OFDI 3. China's OFDI and Resource-Seeking Strategy: A Case Study on Chinalco and Rio Tinto 4. OFDI and Technology-seeking Strategy: A Case Study of Geely's acquisition of Volvo 5. Location, Resources and Technology of China's OFDI 6. Dynamic Relationship between China's IFDI and OFDI 7. Does China's OFDI Displace OECD's OFDI? 8. Policy Implications and Conclusions