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Selling China

Selling China
Foreign Direct Investment during the Reform Era

$88.00 (P)

Part of Cambridge Modern China Series

  • Date Published: December 2002
  • availability: Available
  • format: Hardback
  • isbn: 9780521814287

$ 88.00 (P)
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About the Authors
  • This book about China's integration into the world economy proposes a radically different perspective. Most economists view China's large foreign direct investment (FDI) inflows as the result of China's economic success. This study views the same phenomenon as a function of the imperfections in the Chinese economic system. It uses economic theory to explain FDI to a greater extent than previous studies on the same topic. It also presents comparative FDI data of additional countries, making it more comprehensive than previous studies which focused only on China.

    • A very different take on a familiar and important topic
    • The author's conclusions hold enormous policy and analytical implications
    • Addresses an extremely timely topic as China is joining the World Trade Organization
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    Reviews & endorsements

    "Selling China should be recommended to scholars and practitioners interested in China's political economy. It provides an innovative and rigorously argued analysis with important implications both for scholars and policymakers concerned with China's continued economic reform efforts. Such a thought provoking book will surely spark hot debate over China's reform model as the country fulfills its commitments to the WTO." Ying Huang, Michigan State University, China Business Review

    "Professor Huang's innovative work over many years...is distilled and elaborated in this book. He provides a novel, carefully documented, and rigorously argued analysis which carries with it important implications both for scholars and policymakers concerned with China's continued economic reform efforts." --Charles Wolf, Jr., RAND

    "Selling China should be recommended to scholars and practitioners interested in China's political economy... Such a thought-provoking book will surely spark hot debate over China's reform model as the country fulfills its commitments to the WTO.: --China Business Review

    "...an impressive amount of data...and...an important contribution to the literature." Finance and Development

    "Selling China argues that China not only gets more direct investment than any other developing country, but that it is dependent on it because its own financial sector is sickly, leaving billions in Chinese savings idle while billions from across the seas are invested at higher cost. Students of China's economic development... will read Huang's careful analysis for its logic and scholarship, and because it is the best available quantification of the size and meaning of foreign investment in China. Business managers, bankers and money managers who think of foreign investment as reassurance will read this book with sobriety, and be better prepared to succeed in the next phase of Chinese economic reformation as a result. Chinese leaders themselves will read this powerful book..." Daniel Rosen, Visiting Fellow, Institute for International Economics

    "Professor Huang's innovative work over many years on the role of foreign direct investment in China's economic development is distilled and elaborated in this book. He provides a novel, carefully documented, and rigorously argued analysis which carries with it important implications both for scholars and policymakers concerned with China's continued economic reform efforts." Charles Wolf, Jr., RAND

    "Selling China should be recommended to scholars and practitioners interested in China's political economy. It provides an innovative and rigorously argued analysis with important implications both for scholars and policymakers concerned with China's continued economic reform efforts. Such a thought-provoking book will surely spark hot debate over China's reform model as the country fulfills its commitments to the WTO." China Business Review

    "With precision and authority, Huang's book now represents the new benchmark for all future work on China's political economy." The Journal of Asian Studies

    "...Huang's book has a great deal to commen it and its analysis is essential for those trying to understand China's integration into the world economy." - Pacific Affairs, Christopher Howe, School of Oriental and African Studies, London, UK

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    Product details

    • Date Published: December 2002
    • format: Hardback
    • isbn: 9780521814287
    • length: 408 pages
    • dimensions: 237 x 161 x 31 mm
    • weight: 0.703kg
    • availability: Available
  • Table of Contents

    List of tables and figures
    List of abbreviations
    Synopsis of the book
    Preface
    1. Introduction
    2. An analytical framework
    3. Problems in China's corporate sector
    4. Constraints on nonstate firms and foreign direct investment
    5. State-owned enterprises and insolvency-induced foreign direct investment
    6. Economic fragmentation and foreign direct investment
    7. Conclusion
    Bibliography
    Index.

  • Instructors have used or reviewed this title for the following courses

    • Political Economy of IR
  • Author

    Yasheng Huang, Massachusetts Institute of Technology
    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, 1996). He is a recipient of the Social Science Research Council - McArthur Foundation Fellowship.

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