TY - JOUR
T1 - The Challenges of Chinese Outward Investment in Developed Countries
T2 - The Case of CITIC Pacific's Sino Iron Project in Australia
AU - Sun, Sunny Li
AU - Zhang, Yanli
AU - Chen, Zhu
PY - 2013/5
Y1 - 2013/5
N2 - Sino Iron is a multibillion-dollar magnetite iron ore project located in Cape Preston, a remote region in western Australia. Acquired by China International Trust and Investment Company (CITIC) Pacific for 100 percent of its equity, Sino Iron is China's most significant investment in the Australian natural resources sector and is the largest magnetite mining and processing operation under construction in Australia. Written from the perspective of Dr. Hua Dongyi, the executive chairman of the Sino Iron project, this case highlights the significant challenges faced by Chinese companies venturing overseas, including government relations, labor relations, and social and environmental responsibility.
AB - Sino Iron is a multibillion-dollar magnetite iron ore project located in Cape Preston, a remote region in western Australia. Acquired by China International Trust and Investment Company (CITIC) Pacific for 100 percent of its equity, Sino Iron is China's most significant investment in the Australian natural resources sector and is the largest magnetite mining and processing operation under construction in Australia. Written from the perspective of Dr. Hua Dongyi, the executive chairman of the Sino Iron project, this case highlights the significant challenges faced by Chinese companies venturing overseas, including government relations, labor relations, and social and environmental responsibility.
UR - http://www.scopus.com/inward/record.url?scp=84876450585&partnerID=8YFLogxK
U2 - 10.1002/tie.21546
DO - 10.1002/tie.21546
M3 - Article
AN - SCOPUS:84876450585
SN - 1096-4762
VL - 55
SP - 313
EP - 322
JO - Thunderbird International Business Review
JF - Thunderbird International Business Review
IS - 3
ER -