This book offers a comparative and historical analysis of foreign
direct investment (FDI) liberalization in China and India and
explains how the return of these countries' diasporas affects such
liberalization. It examines diasporic investment from Western FDIs
and finds that diasporas, rather than Western nations, have fueled
globalization in the two Asian giants. In China, diasporas
contributed the lion's share of FDI inflows. In India, returned
diasporas were bridges for, and initiators of, Western investment
at home. Min Ye illustrates that diasporic entrepreneurs helped to
build China into the world's manufacturing powerhouse and that
Indian diasporas facilitated their homeland's success in software
services development.
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