Analysis Of Foreign Direct Investment Strategy Of China Aluminum Corporation Of Bauxite

Under the condition of globalization and China's entering the WTO, a great deal of large-scale enterprises need to collcate resources in more far-ranging scopes with their growth. The development of China aluminum industry is in conflict with the shortage of bauxite. How to exploit bauxite resources oversea is urgent for China Aluminum Corporation in order to ensure the supply of enough saw materials to national aluminum smelter enterprises.This paper looks back the research of national and international international investment theory. It expatiates on competition if international aluminum industry and the development of China aluminum industry, father analyzes the factors that limit on the development of China aluminu industry, and brings forward the necessity of bauxite oversea exploiture. It analyzes the strategies of China Aluminum Corporation in terms of drive factor and precondition on international direct investment. Moreover, it analyzes comparatively entering manner and local advantage in order to solve the problems how and where to invest. On this base, it summarizes the direct investment practice and characteristics of China Aluminum Corporation.Under the condition of formation of monopoly advantage, the enterprises are necessary to make indect invest strategy according to the base strategy and select appropriate entering manner of direct investment and entering area. This paper analyzes concered problems and discusses the international indect investment problem of state large-scale enterprises.