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|Title:||Foreign Direct Investment in China: Do State Policies Matter?|
|Keywords:||Reform and opening-up policies;Foreign direct investment;Economic growth;Foreign-invested enterprises;Joint ventures|
|Issue Date:||2009-01-15 09:08:27 (UTC+8)|
|Abstract:||Despite the arguments between conservative ideologues and radical economic reformers over the path and strategies of inviting external economic forces into the development of a socialist market economy, the trend of inviting foreign direct investment (FDI) through China’s open-door policies is irreversible. This article examines the phenomena from a “policy” perspective. As China’s openness continues, the importance of business leverage is expected to increase in the future. However, the results of this study suggest that during the transitional period from 1979 to 1995, the FDI environment has greatly depended on state policies, and the state’s significant role in directing market forces toward national economic development should not be denied.|
|Relation:||Issues & Studies,33(7),40-61|
|Appears in Collections:||[The Institute of International Relations ] Periodical Articles|
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