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FDI Policies and Prospects in China

In: Foreign Direct Investment in Russia

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  • Paul Fischer

Abstract

China provides one of the most striking examples of economic recovery through targeted FDI. It illustrates how a large emerging economy can be steered to a high-growth course by sound macroeconomic management coupled with a long-term FDI policy. A closer analysis of Chinese FDI patterns and policies over the past 15 years shows a strong correlation between the country’s high economic performance and appropriate instruments and incentives to systematically attract TNCs. FDI-induced industrial modernization and enterprise competitiveness were achieved through farsighted policy measures which helped increase locational advantages and the effective use of available resources.

Suggested Citation

  • Paul Fischer, 2000. "FDI Policies and Prospects in China," Palgrave Macmillan Books, in: Foreign Direct Investment in Russia, chapter 5, pages 147-196, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-97759-0_6
    DOI: 10.1057/9780333977590_6
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