Abstract
FDI plays an increasingly significant role in the global economic system, especially for the emerging economies. During the three decades of ‘reform and opening-up’ policy implementation, China has become an attractive FDI destination because of its enormous labour supply and low labour cost, relatively stable political and economic environment, and pro-FDI policies. As a result, FDI inflows to China increased dramatically from US$0.9 billion in 1983 to US$74.8 billion in 2007. Since 1993, China has been the largest FDI recipient among the developing countries.
Original language | English |
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Title of host publication | The Future of Asian Trade and Growth: Economic Development with the Emergence of China |
Editors | Linda Yueh |
Publisher | Routledge |
Chapter | 5 |
Pages | 91-112 |
Number of pages | 22 |
ISBN (Print) | 0203863283, 9780203863282 |
DOIs | |
Publication status | Published - 8 Dec 2009 |
Externally published | Yes |