As time progresses, Foreign Direct Investment (FDI) from various countries is positively impacting the rapid development of the global economy. This thesis first introduces what FDI is, various theories of FDI, and the impact of FDI on the global economy. It then focuses on the changes in Chinese outward FDI policy and how Chinese FDI in Italy is evolving. We use data from AIDA database to retrieve Chinese ownership in firms located in Italy. We then analyse the regional and industrial distribution of Chinese firms in Italy and we compare with firms under other countries ownership (France, Germany, the United States, the United Kingdom) as well as firms with Italian ownership.