Developing China: The Remarkable Impact of Foreign Direct Inv... - 9781138228153

Taylor & Francis

Developing China: The Remarkable Impact of Foreign Direct InvestmentAuthor(s): Michael J. Enright\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138228153, 978-1138228153\nSynopsis\nOne of the most important features of Chinas economic emergence has been the role of foreign investment and foreign companies. The importance goes well beyond the USD [url] trillion in foreign direct investment that China has received since it started opening its economy. Using the tools of economic impact analysis, the author estimates that around one-third of Chinas GDP in recent years has been generated by the investments, operations, and supply chains of foreign invested companies. In addition, foreign companies have developed industries, created suppliers and distributors, introduced modern technologies, improved business practices, modernized management training, improved sustainability performance, and helped shape Chinas legal and regulator.