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Foreign Direct Investment in China and the Economic Integration of East Asia

In: Perspectives on Economic Integration and Business Strategy in the Asia-Pacific Region

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  • Yunnan Shi

Abstract

Resorting to external financing is part of the policy of opening-up which has been adopted since the end of the 1970s by the Chinese Government. They have been giving preference, on the one hand, to the assisted loans (long-term and low-interest rates) that some countries and, above all, international institutions (the International Monetary Fund and the World Bank) have granted China and, on the other hand, to foreign direct investments. If at the beginning of the 1990s, international loans were a major part of the foreign capital introduced into China, foreign direct investments supplanted loans for the first time in 1992 with more than eleven billion dollars against less than eight billion in loans1.

Suggested Citation

  • Yunnan Shi, 1997. "Foreign Direct Investment in China and the Economic Integration of East Asia," Palgrave Macmillan Books, in: Sam Dzever & Jacques Jaussaud (ed.), Perspectives on Economic Integration and Business Strategy in the Asia-Pacific Region, chapter 7, pages 121-143, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25641-9_7
    DOI: 10.1007/978-1-349-25641-9_7
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    Cited by:

    1. Marian Edward Halizak, 2001. "The economic position of the Chinese People's Republic," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 3.

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