The Determinants Of Chinese Outward Real Estate Investment

AN ABSTRACT OF THE THESIS OF Olga Kochetkova,for the Masters degree in International Trade,presented on May 26,2017,at Southeast University.TITLE:THE DETERMINANTS OF CHINESE OUTWARD REAL ESTATE INVESTMENTMAJOR PROFESSOR:Dr.Gu XinOver the last years China has become one of the biggest investors in the world.However,there are not so many researches on Chinese outward investments.This paper is focused on the analysis of Chinese outward real estate investments and its determinants.It is important to find out what pushes China to invest in real estate abroad,and why domestic market is not that attractive.We will discuss the main factors,FDI inflow destinations,industry trends and key countries.The paper employs OSL regression and covers data on 24 countries in the period from 2007 to 2015.The model variables are GDP,GDP per capita,distance,loan interest rate,cultural similarity,international investment agreements and a specific one,transparency,which we consider to play a major role in investment.