Spatial Distribution Characteristics and Influencing Factors of the Success or Failure of China’s Overseas Arable Land Investment Projects—Based on the Countries along the “Belt and Road”

As globalization continues, overseas arable land investment is becoming a viable option for China to alleviate its agricultural growth constraints, and the “Belt Road” initiative offers plenty of opportunities invest in land. This study used data from Land Matrix, KOF, World Bank, CEPII, UNCTAD other databases analyze spatial distribution characteristics factors influencing success or failure China’s farmland projects countries along project through analysis Logit model. The results show that North America has largest share production versus contracted acreage current cases, Asian have highest rate. Both successful failed regarding are highly correlated spatially characterized by strong concentration low uniformity distribution, with differences degree Asia, Africa regions. area, host country participation resource endowment, business environment institutional quality significant, inverted “U-shaped”, negative positive effects on success, respectively. In addition, involvement significant impact Africa, length type purpose countries. Therefore, should be based full examination existing each country, selection abundant endowments good adoption model suitable location carry out investments according local conditions.