China’s Direct Investment And Risk Analysis Of Major Countries Along The “One Belt And One Road”

At present,the global economic development situation is complex and changeable.Under the impact of COVID-19 sweeping the world,the world economy is depressed,the process of economic globalization is hindered,the global energy supply and demand map is changed,the global economic and political pattern is complicated and changeable,and the peace and development of the world is threatened from all aspects.China’s investment in "One Belt And One Road" is also facing more complex and changeable risks.How can China optimize the investment layout,reduce the risks of countries along the routes,and achieve win-win cooperation with them?This article mainly includes the following content: in this paper,through combing the literature and theory as well as to the "area" all the way to identify risk factors analysis,from the ecological environment,relations with China,the social,political,and economic selection in five dimensions,the typical 47 secondary indexes to build "neighbourhood" all the way along the main national direct investment risk assessment model.The entropy method and factor analysis were used to measure the investment risk of "One Belt And One Road".The entropy method measures the weight of five one-level indicators,namely ecological environment,relationship with China,society,politics and economy,in measuring the comprehensive investment risk.The results show that ecological environment and relationship with China account for the largest weight.Factor analysis measures the five risk scores of ecological environment,relations with China,society,politics and economy,and finally calculates the comprehensive investment risk.The distribution characteristics of investment risks along the "One Belt And One Road" route were analyzed in combination with ecological environment,relationship with China,society,politics,economy and comprehensive investment risks.Then,according to the risk assessment results above and the stock of direct investment in the current analysis,six extended investment gravity models suitable for the analysis in this paper are respectively constructed to analyze the impact of risk level on the stock of direct investment in "One Belt and One Road" in China.Generally speaking,China avoids the risk of the host country;However,from the perspective of political and economic risks,this study shows that China not only does not avoid risks,but also has a certain risk preference.In order to reduce the investment risk along the "One Belt And One Road",the government should play a leading role and strengthen the dialogue and cooperation mechanism with the countries along the road.In order to improve the efficiency of China’s foreign direct investment,enterprises should enhance their own risk management ability.