Abstract: This study examines how Chinese FDI entry strategies Greenfield investments, mergers and acquisitions (M&A), and joint ventures (JVs) affect Nigerian SMEs. Using panel data on 2,500 manufacturing, construction, and retail firms from 2003 to 2023, along with 45 semi-structured interviews, we assess these effects using fixed-effects regression and thematic analysis. Aggregate Chinese FDI is modestly but significantly associated with SME revenue growth, though outcomes depend on entry mode. JVs have the strongest positive effect, supporting knowledge transfer....
Keywords: Chinese FDI, Market Entry Strategy, SME Growth, Nigeria, Greenfield Investment, Joint Ventures, Spillovers, Economic Development
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