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China in Malaysia - State-Business Relations and the New Order of Investment Flows (Hardcover, 1st ed. 2020)
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China in Malaysia - State-Business Relations and the New Order of Investment Flows (Hardcover, 1st ed. 2020)
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This book examines state-state relations and new forms of state
business relations that have emerged with an increase in China's
foreign direct investments in Malaysia. Focusing on investments in
the industrial sector and through in-depth case studies, this book
adopts a novel framework to analyse these different types of
state-business relations. These new forms of state-business
relations are created from the different modes of negotiations
between different key actors in each of the cases. Diverse outcomes
were found, reflecting the disparate forms of power relationships
and state cohesiveness with unique institutional architectures
formed in each case. The book identifies a major shift in
structural power in these new forms of state-business relations as
China's large multinational state-owned enterprises increasingly
invest in Malaysia. A well-constructed institutional architecture
is needed, not just in Malaysia but for other Southeast Asian
countries, if foreign investments are to be harnessed to promote
effective industrial development.
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