When Chinese leaders announced in late 1978 that China would
"open to the outside world," they embarked on a strategy for
attracting private foreign capital to spur economic development. At
the same time, they were concerned about possible negative
repercussions of this policy. Margaret Pearson examines government
efforts to control the terms of foreign investment between 1979 and
1988 and, more broadly, the abilities of socialist states in
general to establish the terms of their own participation in the
world economy. Drawing on interviews with Chinese and foreigners
involved in joint ventures, Pearson focuses on the years from 1979
through 1988, but she also comments on the fate of the "open"
policy following the economic retrenchment and political upheavals
of the late 1980s. "Since the policy of opening' was launched in
Beijing in 1979 some Chinese leaders have favoured foreign
investment, while others have feared that it would carry ideas and
institutions that would corrupt Chinese socialism. This study of
Chinese policies toward foreign-invested enterprises (FIFs) during
the 1980s broadly charts significant changes in the impact of these
competing views on policy. . . . Pearson's overview and analysis
provide thought-provoking perspectives. . . . Pearson furnishes
excellent evidence that throughout the 1980s the pressure for
reform was so great that the conservatives had to retreat
repeatedly, despite their concerns about the decline of
collectivist values and the Maoist dream."--Stanley Lubman, The
China Quarterly
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!