ECON 455 Lecture 14_FDI - Econ 455 Chinese Economics...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
1 1 Econ 455: Chinese Economics Lecture 14: March 7 Foreign Direct Investment: why is there so much flowing to China? Sandra Poncet Lorch Hall, room 207 Email: [email protected] Office Hours: Mondays 16:30-18 & Wednesdays 10:30-12 2 Introduction Largest FDI receipts of any developing country: -one-third of total developing-country FDI inflows -more than 50 billion dollars per year Three distinctive characteristics have marked investment in China: -First, FDI has been the predominant form in which China has accessed global capital -Second, an unusually large proportion of Chinese FDI inflows are in manufacturing industry. -Third, FDI inflows have predominantly come from other East Asian economies , especially Hong Kong and Taiwan. Each of these characteristics reflects the dominant role played by the cross-border restructuring of export-oriented production networks .
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
2 3 Lecture Outline I- Gradual liberalization of FDI flows A-Background: theory B-Modes of FDI II- Description of sources and use of FDI A-Characteristics of FDI in China A-1-Where do FDI come from A-2-Where does FDI go? A-3-In which sectors does FDI go? B-Why is there so much FDI in China? B-1-Traditional explanations B-2-Thesis of Yasheng HUANG Conclusion 4 I-Gradual liberalization of FDI flows
Image of page 2
3 5 Recall: China’s Opening to the Outside World: A Chronology December 1978, 3 rd Plenum of the 11 th Central Committee January 1, 1979, China normalizes relations with the U.S. January 28, 1979, Deng Xiaoping visits U.S., signs agreements with President Carter, and travels to Atlanta, Houston, Seattle (symbolizing quest for technological assistance) July 8, 1979, China announces new FDI law for
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern