The study of contemporary China constitutes a fascinating yet challenging area of scholarly inquiry. Recent decades have brought dramatic changes to China's economy, society and governance. Analyzing such changes in the context of multiple disciplinary perspectives offers opportunites as well as challenges for scholars in the field known as contemporary China Studies. The SAGE Handbook of Contemporary China is a two-volume exploration of the transformations of contemporary China, firmly grounded in the both disciplinary and China-specific contexts. Drawing on a range of scholarly approaches found in the social sciences and history, an international team of contributors engage with the question of what a rapidly changing China means for the broader field of contemporary China studies, and identify areas of promising future research. Part 1: Context: History, Economy, and the Environment Part 2: Economic Transformations Part 3: Politics and Government Part 4: China on the Global Stage Part 5: China's Foreign Policy Part 6: National and Nested Identities Part 7: Urbanization and Spatial Development Part 8: Poverty and Inequality Part 9: Social Change Part 10: Future Directions for Contemporary China Studies
Chapter 9: Inbound Foreign Direct Investment
Inbound Foreign Direct Investment
China now is one of the largest recipients of foreign direct investment (FDI) in the world. Arguably, FDI has a bigger impact on the Chinese economy than the FDI that has come to the United States. Much of the FDI inflow into developed economies are really merger and acquisition deals, whereas almost all of the FDI into China consists of greenfield investments which are commonly believed to have a bigger employment and output effect than transfers of existing assets among firms.
This chapter presents some basic facts about China's inbound FDI. The main argument is two-fold. First, there are complex issues about how the inbound FDI are measured, the composition of Chinese ...