Chapter 8 applies the theory of globalized state-led development to China. Chinese reformers, a group of policy-makers that led the transition from a planned to a market economy, have much in common with developmentalists elsewhere in terms of their embrace of the developmental canon and the use of state financial institutions to achieve their policy goals. As part of a wider process of policy learning and experimentation, reformers began to support the outward investments of national firms in 1979. Policy debates ensued regarding the merits of this policy leading to its uneven adoption. Once the policy debate was resolved, the state launched its Go Global policy in 2000 and leveraged state financial institutions to shape the foreign investments of Chinese firms to meet the goal of indigenous innovation. The chapter details how the resulting Chinese globalized state-led development model is distinctive in its form and scale.