Selling China

Foreign Direct Investment During the Reform Era

Bibliographic Data

ID23255752
AuthorsYasheng Huang (0000-0003-0183-6312, Massachusetts Institute of Technology, corresponding author)
Year2002
Publication date2002-12-16
Open AccessYes
TypeBOOK
Reviewed bySelling China: Foreign Direct Investment during the Reform Era, Lucian W Pye, 2004
VenueSelling China (SOURCE_BOOK)
PublisherCambridge University Press (PUBLISHER • US)
DOI10.1017/cbo9780511815164
OpenAlexW4211120624
Open LibraryOL34476422M
ISBN9780511815164
LanguageEN
Citations received116
References cited109

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.

Allocative efficiency · Business · Capital (architecture) · China · Economics · Foreign capital · Foreign direct investment · International economics · Macroeconomics · Market economy · Promotion (chess) · Scope (computer science) · Economic Zones and Regional Development · Global trade and economics · International Business and FDI · Auslandsinvestition · Buitenlandse investeringen · Business & Economics · Economic conditions · Economic history · Foreign Investments · Investing · Investissements étrangers · Investments, foreign · Personal Finance

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