European Healthcare Industry and Chinese FDI: Where Do Chinese Firms Invest?

In this chapter of the book, we investigate the internationalization patterns of Chinese companies in the healthcare sector. We analyze the main features and investment decisions of Chinese outward foreign direct investment (OFDI) in the healthcare industry in Europe. Currently, European countries are among the preferential target destinations for Chinese investors. Europe has developed world-class companies in several healthcare subsectors. European firms can offer technology, know-how, and managerial competencies to allow the upgrading of Chinese firms capability and innovation capacity, while supporting their affirmation in the world stage. We specifically focus on three subsectors of the healthcare industry, namely pharmaceutical, medical device and equipment, and biotechnology