Hsin-Yi Yu is an associate professor at National University of Kaohsiung, Taiwan. Her main areas of research include asset pricing and corporate governance.
More than 20 years ago, when China wanted its domestic companies to quickly gain competitive advantages in branding, distribution and technology, it developed its "Go Out" policy, encouraging them to invest in or take over foreign businesses. It has been, by some measures, a big success: in 2018, China's outward foreign direct investment was $143 billion, compared with $57 billion a decade ago.
