The Challenges of Chinese Outward Investment in Developed Countries: The Case of CITIC Pacific's Sino Iron Project in Australia

Sunny Li Sun, Yanli Zhang, Zhu Chen

Research output: Contribution to journalArticle

9 Citations (Scopus)

Abstract

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.

Original languageEnglish
Pages (from-to)313-322
Number of pages10
JournalThunderbird International Business Review
Volume55
Issue number3
DOIs
StatePublished - 1 May 2013

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iron
China
labor relations
magnetite
government relations
overseas
dollar
natural resources
equity
iron ore
responsibility
natural resource
developed country
project
Iron
Developed countries
Iron ore
Natural resources
Western Australia
Chairmen

Cite this

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The Challenges of Chinese Outward Investment in Developed Countries : The Case of CITIC Pacific's Sino Iron Project in Australia. / Sun, Sunny Li; Zhang, Yanli; Chen, Zhu.

In: Thunderbird International Business Review, Vol. 55, No. 3, 01.05.2013, p. 313-322.

Research output: Contribution to journalArticle

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