Author(s)

Jingwen Tang

Corresponding Author

Jingwen Tang

ABSTRACT

Since the formal dialogue between China and ASEAN in 1991, the economic and trade relations between China and ASEAN have developed rapidly. After the “Belt and Road “Initiative put forward, China's direct investment in ASEAN is growing rapidly. However, due to the investment environment of ASEAN and the lack of experience of foreign direct investment in Chinese enterprises, enterprises will face some investment risks, such as political risk, cultural risk, legal risk and so on. This paper puts forward some countermeasures for different risks and distinguishes the influence of different risks on direct investment, which is of great significance to guide China to implement the “Go Global” strategy in ASEAN and to implement the “Belt and Road “Initiative. Since President Xi Jinping put forward the “Belt and Road “ initiative in 2013, the initiative has been committed to building a community of interests of political mutual trust, economic integration and cultural inclusion over the past five years. The goals are being pushed forward step by step with the efforts of all parties. All 10 ASEAN countries belong to important members along the “One Belt and Road “ route, and are the most qualified to dock with the “One Belt and Road”. For a long time, China has been ASEAN's largest trading partner. ASEAN is China's main export market and main source of imports, and signed a free trade agreement with each other earlier. Therefore, this paper makes an in-depth analysis of the risks faced by Chinese enterprises in direct investment in ASEAN under the “Belt and Road “Initiative, no matter how to guide the development of economic and trade cooperation between China and ASEAN under the “Belt and Road “Initiative. It is also of great guiding significance to the development of economic and trade cooperation between China and other countries along “One Belt and Road”.

KEYWORDS

One Belt and Road, FDI, ASEAN, Investment Risk