Comments by "D W" (@DW-op7ly) on "How China produces new EV's faster than anyone else: XPeng, Nio, and BYD vs the legacy carmakers" video.

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  3.  @verypleasantguy  thanks for your opinion these are the facts 👇 Beyond as bridges: The role of the Chinese voluntary associations in Chinese outward foreign direct investment in Southeast Asia Conclusion This study focuses on the key research question of how CVAs organised and promoted by ethnic Chinese in host countries play a role in Chinese MNEs' OFDI in Southeast Asia. We address this question by adopting qualitative and comparative approaches to analyse the intermediary role of ethnic Chinese and CVAs involved in the OFDI process of Chinese MNEs and how their actions and interactions influence MNEs' local embeddedness. First, from the perspective of ‘global–local’ interactions, we analyse the role of CVAs in promoting the globalisation and localisation of Chinese MNEs. On the one hand, Chinese MNEs can effectively obtain global resources and information through the global contact network formed by institutionalised links between CVAs and their close communications and interactions, such as the periodic global/regional association conferences. On the other hand, Chinese MNEs can successfully realise local embeddedness through CVAs' bidirectional facilitative capacity formed by their long-term cultivation in the locality. The essential role of CVAs serving as a ‘bridge’ that connects the host country and China has been emphasised, which promotes mutual understanding and Chinese MNEs' local embeddedness. Second, considering the different types of CVAs, we unravel their different roles in promoting/hindering Chinese MNEs' OFDI. Comparatively speaking, the government-cooperative/sponsored CVAs and the privately-organised CVAs have their own advantages and disadvantages in shaping Chinese OFDI, while the ‘new’ CVAs generally play a more significant role in the process of Chinese MNEs' OFDI. This paper has demonstrated how Chinese MNEs' OFDI can achieve a ‘win-win’ outcome through interaction with CVAs and ethnic Chinese by focusing on cooperation cases. Moreover, we highlight how recent changes in the leadership, economic orientation, and activities of CVAs point towards a trend of closer ties with China (Liu, 2023). onlinelibrarywiley
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