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Selling China

Author

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  • Huang,Yasheng

Abstract

In this book, Yasheng Huang makes a provocative claim: the large absorption of foreign direct investment (FDI) by China is a sign of some substantial weaknesses in the Chinese economy. The primary benefits associated with China's FDI inflows are concerned with the privatization functions supplied by foreign firms, venture capital provisions to credit-constrained private entrepreneurs, and promotion of interregional capital mobility. Huang argues that one should ask why domestic firms cannot supply the same functions. China's partial reforms, while successful in increasing the scope of the market, have so far failed to address many allocative inefficiencies in the Chinese economy.

Suggested Citation

  • Huang,Yasheng, 2005. "Selling China," Cambridge Books, Cambridge University Press, number 9780521608862, September.
    • Handle: RePEc:cup:cbooks:9780521608862
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    Cited by:

    1. Panos Lambridis & Theodore Koukoulis, 2005. "The awakening of the red dragon. China fills the power vacuum in the Far East," Asia Europe Journal, Springer, vol. 3(4), pages 479-499, December.
    2. Girma, Sourafel & Gong, Yundan & Görg, Holger & Lancheros, Sandra, 2015. "Investment liberalisation, technology take-off and export markets entry: Does foreign ownership structure matter?," Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 254-269.

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