Project Description: This project asks the research question How does state capital transnationalise? wherein the state is a market actor itself. The transformative potential of state capitalism remains a debated issue. What constitutes state capitalism, specifically Chinese state capitalism, is ambiguous to begin with. More to the point, it is often conflated with statism, which over-privileges the strategic coherency of the state in the face of the conflict-ridden, multi-scalar and multi-actor processes imbricated in the reproduction of state capital. This project contributes to a growing body of literature that emphasises the hybridity of its transnational expansion as simultaneously state-led and convergent on the liberal international order and (neo) liberal capitalism. Using Chinese foreign investment as the empirical lens, I outline three domains in which the legitimation imperatives faced by state-owned entities and sovereign wealth funds shapes their interests and investment behaviour: the party state apparatus, the global financial profession and the investment recipient/host context in Europe.

Data:

Semi-structured elite interviews

Restrictions:

The data associated with this project cannot be made accessible due to the sensible nature of the data.

The data is sensitive or personal data. Therefore, the data sets itself are not accessible.