Variable type

Variable name

Symbol

Meaning

Data source

Explained variable

China’s OFDI

OFDI

China ’s annual OFDI flow to the host country

Statistical Bulletin of Outward Direct Investment in China

Core explanatory variables

The Confucius Institute (Classroom)

CI

Total number of Confucius Institutes (Classrooms) in host country

Confucius Institute Annual Development Report

Control variables

GDP

GDP

GDP of the host country per year (US $ million)

CSMAR database

GDP per capita

PGDP

Annual GDP per capita of the host country (calculated in current US dollars)

CSMAR database

Geographic distance

Distcap

Spherical distance between China and the host country ’s capital (km)

CEPII database

Number of patent applications by residents

Patent

Number of patent applications by residents per year in the host country

World Bank database

Bilateral trade volume

Trade

Annual import and export volume between China and the host country (ten thousand US dollars)

National Bureau of Statistics of China

Time to establish diplomatic relations

Diplomacy

Years of establishing diplomatic relations between China and the host country

China Consular Service Network