The Challenges of Chinese Outward Investment in Developed Countries: The Case of CITIC Pacific's Sino Iron Project in Australia
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.
MSU Digital Commons Citation
Sun, Sunny Li; Zhang, Yanli; and Chen, Zhu, "The Challenges of Chinese Outward Investment in Developed Countries: The Case of CITIC Pacific's Sino Iron Project in Australia" (2013). Department of Management Faculty Scholarship and Creative Works. 23.