Title: Chinese expansion in the international healthcare markets: the role of Chinese OFDI in Europe
Authors: Francesca Spigarelli; Ping Lv
Addresses: China Center, University of Macerata, Macerata, Italy ' School of Economics and Management, University of Chinese Academy of Sciences, China
Abstract: The paper sheds light on the increasing interest of Chinese firms operating in key healthcare (HC) industries into Europe. After a description of the economic and policy context for HC in China, we perform an analysis on location choice by Chinese firms, updated to 2014, within Europe. A MofCom database of greenfield and non-greenfield Chinese investments abroad is used. We depict a map of 'where to where' of home province vs. host country involved in the integration of Chinese and European healthcare industries. Both spatial localisation, and motivations of Chinese investments in Europe are examined, for the following sub-sectors: pharmaceutical, medical device and equipment and biotechnology. Research and policy implications conclude the paper.
Keywords: healthcare industry; Chinese foreign direct investments; spatial implications.
International Journal of Healthcare Technology and Management, 2017 Vol.16 No.1/2, pp.108 - 127
Received: 04 Mar 2016
Accepted: 11 Jul 2016
Published online: 17 Oct 2017 *