Selling China

Foreign Direct Investment during the Reform Era

By:

Yasheng Huang

Format:

Paperback / softback

Series:

Cambridge Modern China Series

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Description

In this book, Yasheng Huang makes a provocative claim: the large absorption of foreign direct investment (FDI) by China is a sign of some substantial weaknesses in the Chinese economy. The primary benefits associated with China's FDI inflows are concerned with the privatization functions supplied by foreign firms, venture capital provisions to credit-constrained private entrepreneurs, and promotion of interregional capital mobility. Huang argues that one should ask why domestic firms cannot supply the same functions. China's partial reforms, while successful in increasing the scope of the market, have so far failed to address many allocative inefficiencies in the Chinese economy.

Author Biography:

Yasheng Huang is Associate Professor at the Sloan School of Management, Massachusetts Institute of Technology. He formerly taught at the Harvard Business School. Professor Huang is also the author of Inflation and Investment Controls in China (Cambridge University Press, 1996). He is a recipient of the Social Science Research Council - McArthur Foundation Fellowship.

Release date Australia

January 10th, 2005

Author

Yasheng Huang

Audiences

Professional & Vocational
Tertiary Education (US: College)

Illustrations

Worked examples or Exercises

Pages

406

Series

Cambridge Modern China Series

Dimensions

153x228x30

ISBN-13

9780521608862

Product ID

2061404

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