From the state-centered perspective, China's hunt for foreign energy deals has generated increasing uneasiness in international relations. By exploring Chinese national oil companies' overseas expansion, this study finds that Chinese bureaucratic fragmentation in the context of the state's changing relationship with state-owned enterprises has greater impact on firms' offshore ventures than the state-centered perspective contends.

Keywords:
China, outward foreign direct investment, national oil company, "Going Out" strategy, state/enterprise relationships
This content is only available via PDF.
© 2009 By the Regents of the University of California
You do not currently have access to this content.