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Developing China: The Remarkable Impact of Foreign Direct Investment (Hardcover)
Loot Price: R3,990
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Developing China: The Remarkable Impact of Foreign Direct Investment (Hardcover)
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Total price: R4,010
Discovery Miles: 40 100
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One of the most important features of China's economic emergence
has been the role of foreign investment and foreign companies. The
importance goes well beyond the USD 1.6 trillion in foreign direct
investment that China has received since it started opening its
economy. Using the tools of economic impact analysis, the author
estimates that around one-third of China's GDP in recent years has
been generated by the investments, operations, and supply chains of
foreign invested companies. In addition, foreign companies have
developed industries, created suppliers and distributors,
introduced modern technologies, improved business practices,
modernized management training, improved sustainability
performance, and helped shape China's legal and regulatory systems.
These impacts have helped China become the world's second largest
economy, its leading exporter, and one of its leading destinations
for inward investment. The book provides a powerful analysis of
China's policies toward foreign investment that can inform policy
makers around the world, while giving foreign companies tools to
demonstrate their contributions to host countries and showing the
tremendous power of foreign investment to help transform economies.
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