Graduation Year


Date of Submission


Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts



Reader 1

Cameron Shelton

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Rights Information

© 2017 Shengyue Li


Announced in 2013, the One Belt One Road(OBOR) Initiative is considered the most important geopolitical development strategy of the 21st-century in the country. The Chinese government aims to promote trade and investment with more than 63 OBOR countries. In this paper, I analyze the impact of One Belt One Road Initiative on China’s foreign direct investment for a period of 2003-2015 with a country level panel data. Other determinants frequently used in the FDI literature such as market size, geographical distance, resources, trading effects and political risks are also considered in the model. The empirical results show that OBOR policy is positively associated with China’s outward FDI flow. I believe the research result indicates a policy related trend for Chinese firms’ overseas investments.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.