Economic globalization, characterized by the internationalization of trade, investment, and production, as well as the emergence of global value chains, has turned transnational corporations into leading actors in this process. The shift of supply directions in the automobile industry, as well as the relocation of electronics, robotics, automation, and tech industries, has drawn attention to China’s outward investment strategies and their impact on various regions.

Within the framework of the strategy officially launched by the People’s Republic of China in 2000, leading companies such as Huawei, Alibaba, Lenovo, BYD and COSCO play an active role in foreign investment flows. The strategy, which supports the expansion of Chinese companies into global markets, continues to affect the economic development of the South Caucasus countries – particularly Azerbaijan – by influencing infrastructure projects, energy and transportation sectors, as well as China’s role in regional cooperation formats.

China’s sustained economic growth has not only expanded its global influence but also transformed the country into an active participant in globalization. Integration inti global economic processes plays a crucial role for China in terms of expanding access to international markets. China rapidly enters the domestic markets of the regions with which it trades, becoming a strong competitor for local producers. The increasing impact of China’s “Go Global” strategy, developed within the framework of economic globalization, on the geography of foreign investments – particularly in the South Caucasus region – is an inevitable process. The objective of this study is to analyze the four developmental phases of China’s “Go Global” strategy and to identify the specific characteristics of this strategy in the South Caucasus direction.