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Books > Reference & Interdisciplinary > Interdisciplinary studies > Globalization
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Remade in China - Foreign Investors and Institutional Change in China (Hardcover)
Loot Price: R1,289
Discovery Miles 12 890
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Remade in China - Foreign Investors and Institutional Change in China (Hardcover)
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Since opening to foreign investment in 1979, China has emerged as
the leading investment site for multinational corporations. Remade
in China looks beyond the macroeconomic effects of China's
investment boom to analyze how foreign investors from the US,
Japan, and other nations are shaping China's legal, labor, and
business reforms. Wilson draws on interviews with nearly 100
foreign and local managers, attorneys, workers, and members of the
business community to explain why Chinese laborers and firms have
gravitated toward foreign models, especially US businesses and
their institutions.
Wilson uses the term "state-guided globalization" to describe how
China has used foreign engagement to advance its domestic reform
objectives and to enhance its role in international society. Rather
than undermining state power, globalization actually has allowed
China's state to push through difficult labor and legal reforms.
Wilson concludes that Chinese policy makers drew lessons from
foreign investors and foreign legal experts on how to introduce
difficult labor market reforms in its state-owned enterprises and
how to promote rule of law.
Remade in China examines globalization and foreign investment in a
different light, showing how these developments have helped to
chart China's entry into international society. China's WTO
accession agreement and international norms have established
parameters by which to judge Chinese legal and business reforms.
Although China's rise is a grave concern to the world, Remade in
China asserts that Chinese leaders now see compliance with
international rules as a means to secure more investment and to
enhance their international legitimacy. Wilson provides a lucid and
insightful analysis of how foreign and domestic actors, from
political leaders to average laborers, have contributed to remaking
China's institutions.
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