Selling China
Foreign Direct Investment during the Reform Era

This book examines China's foreign direct investment inflows as a function of the imperfections in their economy.

Yasheng Huang (Author)

9780521814287, Cambridge University Press

Hardback, published 16 December 2002

408 pages
23.7 x 16.1 x 3.1 cm, 0.703 kg

'… an important contribution to understanding not only FDI in general, but its role in China in particular. … well researched …a pleasure to read … one of the most detailed accounts of FDI in China I have ever read. … an outstanding book, which I thoroughly recommend to academics who wish to gain a fuller insight into overall global development as well as its specific applications in China. I look forward to Huang's next book.' The Copenhagen Journal of Asian Studies

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.

List of tables and figures
List of abbreviations
Synopsis of the book
Preface
1. Introduction
2. An analytical framework
3. Problems in China's corporate sector
4. Constraints on nonstate firms and foreign direct investment
5. State-owned enterprises and insolvency-induced foreign direct investment
6. Economic fragmentation and foreign direct investment
7. Conclusion
Bibliography
Index.

Subject Areas: Political economy [KCP], Comparative politics [JPB], Politics & government [JP], Regional studies [GTB]