Developing China: The Remarkable Impact of Foreign Direct Investment

Developing China: The Remarkable Impact of Foreign Direct Investment PDF

Author: Michael J. Enright

Publisher: Taylor & Francis

Published: 2016-09-12

Total Pages: 275

ISBN-13: 1315393336

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One of the most important features of China’s economic emergence has been the role of foreign investment and foreign companies. The importance goes well beyond the USD 1.6 trillion in foreign direct investment that China has received since it started opening its economy. Using the tools of economic impact analysis, the author estimates that around one-third of China’s GDP in recent years has been generated by the investments, operations, and supply chains of foreign invested companies. In addition, foreign companies have developed industries, created suppliers and distributors, introduced modern technologies, improved business practices, modernized management training, improved sustainability performance, and helped shape China’s legal and regulatory systems. These impacts have helped China become the world’s second largest economy, its leading exporter, and one of its leading destinations for inward investment. The book provides a powerful analysis of China’s policies toward foreign investment that can inform policy makers around the world, while giving foreign companies tools to demonstrate their contributions to host countries and showing the tremendous power of foreign investment to help transform economies.

Foreign Direct Investment in China

Foreign Direct Investment in China PDF

Author: Ms.Wanda Tseng

Publisher: International Monetary Fund

Published: 2002-02-01

Total Pages: 26

ISBN-13: 1451974175

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China's increasing openness to foreign direct investment (FDI) has contributed importantly to its exceptional growth performance. This paper examines China's experience with FDI and identifies some lessons for other countries. Most of the factors explaining China's success have also been important in attracting FDI to other countries: market size, labor costs, quality of infrastructure, and government policies. FDI has contributed to higher investment and productivity growth, and has created jobs and a dynamic export sector. China's success, however, did not come without some pitfalls: an increasingly complex tax incentive system and growing regional income disparities. Accession to the WTO should broaden China's "opening up" policies and continue FDI's contributions to China's economy in the future.

Foreign Direct Investment and the Chinese Economy

Foreign Direct Investment and the Chinese Economy PDF

Author: Chunlai Chen

Publisher: Edward Elgar Publishing

Published: 2017-10-27

Total Pages: 224

ISBN-13: 1785369733

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Foreign Direct Investment and the Chinese Economy provides a comprehensive overview of the impact of foreign direct investment, with extensive empirical evidence, on the Chinese economy over the last three and a half decades.

FDI in China

FDI in China PDF

Author: Yasheng Huang

Publisher: Institute of Southeast Asian Studies

Published: 1998

Total Pages: 114

ISBN-13: 9812300104

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China is the largest recipient of foreign direct investment (FDI) among developing countries. This study compares China's FDI performance with a number of other Asian countries and focuses on the policy and institutional factors that lead to a large demand for FDI in China. The policy and institutional factors include import substitution, excess investment demand and features of China's FDI regulatory system. The study shows that there are costs associated with such a high demand for FDI, including overbidding for FDI and the associated loss of Chinese bargaining power, large import demand, and the structure of the FDI at variance with Chinese official policies. This study also briefly discusses the foreign economic policy implications of China's FDI absorption and suggests some future research possibilities.

Foreign Direct Investment in China

Foreign Direct Investment in China PDF

Author: Michael H. K. Ng

Publisher: Routledge

Published: 2013-05-29

Total Pages: 218

ISBN-13: 1135932808

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Foreign direct investment has contributed significantly in transforming the Chinese economy over the past three decades. China has become one of the most popular destinations for foreign direct investment. For corporations and business executives who desire to participate in the expanding China market, understanding correctly the driving forces and impacts of foreign direct investment in China, as well as the ways to smartly execute investment transactions there has become the fundamental knowledge that they need to grasp. This book is a combination of the author’s research and 15-year practical experience in managing investment transactions in China. This book uniquely offers both a theoretical overview of the phenomenon of FDI in China (chapters two to four) as well as the practical steps in executing investment transactions there (chapters five to seven). The author also provides illustrative charts and tables, literature summaries, transaction templates based on case studies from his real-life experience on the ground. This is so far the only book on FDI in China which covers both the theoretical perspectives as well as practical advices in investments. This book serves not only as a useful resource for students, teachers and policy makers who are interested in both theoretical and practical aspects of FDI in China, but also a valuable guidebook for business development executives, investment professionals and transaction lawyers who are involved in direct investment deals in China on a daily basis.

China's Economic Miracle

China's Economic Miracle PDF

Author: Sumei Tang

Publisher: Edward Elgar Publishing

Published: 2012-01-01

Total Pages: 214

ISBN-13: 1781953538

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This insightful book analyses the impact of Foreign Direct Investment (FDI) in China as well as making valuable contributions to the theory of FDI more broadly. the authors provide empirical analysis of key factors including the location-specific determinants of FDI; the impact of FDI on domestic investment, income distribution, consumption and tourism; the relationship between FDI inflows and income inequality; causality between FDI, domestic investment and economic growth; and causality between FDI and tourism. the study concludes that FDI plays a crucial and positive role in the economic development of China. Rather than crowding out domestic investment, FDI is found to stimulate economic growth by complementing it. China's Economic Miracle will be warmly welcomed by potential investors who are interested in investing in China. It will be highly useful for academics and postgraduate students with an interest in FDI or the Chinese economy. With strong policy-oriented analyses and discussions on implications the book will also prove invaluable to policy-makers in various government and private sectors who have trade-links with China.

Selling China

Selling China PDF

Author: Yasheng Huang

Publisher: Cambridge University Press

Published: 2003

Total Pages: 420

ISBN-13: 9780521814287

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In this book, Yasheng Huang makes a provocative claim: the large absorption of foreign direct investment (FDI) by China is a sign of some substantial weaknesses in the Chinese economy. The primary benefits associated with China's FDI inflows are concerned with the privatization functions supplied by foreign firms, venture capital provisions to credit-constrained private entrepreneurs, and promotion of interregional capital mobility. Huang argues that one should ask why domestic firms cannot supply the same functions. China's partial reforms, while successful in increasing the scope of the market, have so far failed to address many allocative inefficiencies in the Chinese economy.

Foreign Direct Investment in China

Foreign Direct Investment in China PDF

Author: Galina Hale

Publisher: World Scientific

Published: 2012-01-13

Total Pages: 188

ISBN-13: 9814462012

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This book provides a comprehensive analysis of the effects that foreign direct investment into China has had on the productivity, exporting activity, and innovation of Chinese domestic firms, as well as on the nation's labor markets. The analysis relies on the most complete data available and state-of-the-art statistical analysis. The book also includes a critical overview of existing theoretical and empirical literature on these issues and is meant to provide guidance to researchers in the area of FDI effects in general, as well as those interested in studying the Chinese economy. Contents:Introduction and OverviewEffects of FDI on Target FirmsFDI Spillovers on Productivity of Domestic FirmsFDI Spillovers on Labor MarketsFDI Spillovers on Exports of Domestic FirmsFDI and the Incentives to Innovate and ImitateConclusionsTechnical Information Readership: Academics, graduate and undergraduate students, and professionals interested in foreign direct investment in China, China's economy and China's development. Keywords:China;Foreign Direct Investment;Productivity;Spillover;FDIKey Features:It is the first book focusing on the effects of foreign direct investment on China in EnglishIt comprises chapters that contain rigorous econometric analysis of a variety of unique and comprehensive data setsIt covers many other aspects of the effects of foreign direct investment — not just the most commonly studied effects on firms' productivity

Foreign Direct Investment in China

Foreign Direct Investment in China PDF

Author: Yingqi Wei

Publisher: Edward Elgar Publishing

Published: 2001-01-01

Total Pages: 216

ISBN-13: 9781782542544

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'The data used is rich, including national, regional and industry-level statistics.' - Yue Ma, The China Journal 'Wei and Liu provide a comprehensive analysis of the determinants and impact of FDI on the economy of China. The book is to be recommended to students of international business for its elegant use of sophisticated econometric techniques and economic theory in exploring the role of FDI in a major emerging economy that hosts a substantial volume of FDI.' - V.N.Balasubramanyam, Lancaster University, UK China is now among the top hosts for foreign direct investment (FDI) inflows in the world. This fact, combined with recent developments in internationalisation and economic growth in China, ensures a perfect opportunity to identify the determinants and impact of FDI in the largest transition economy in the world.