“…One set of studies has evaluated how the formal institutional change has temporally influenced Chinese FDI (Chen et al, 2020 ; Du & Zhang, 2018 ; Shao, 2020 ; Yu et al, 2019 ). Other studies have investigated the temporal impact that the BRI has had on Chinese exports (Li et al, 2019 ; Ramasamy & Yeung, 2019 ; Yu, Zhao, Niu & Lu, 2020 ). A third set of studies has evaluated how the BRI has altered CSR and R&D performance of Chinese multinationals in BRI countries (Yang et al, 2022 ).…”