Description
Book SynopsisThis book explores the characteristics of China''s outward foreign investment, its motivation, its sector distribution, and its geographical distribution in order to illustrate the current pattern of ''merchant-state dualism'' in China''s overseas foreign direct investment. Merchant-state dualism is a hybrid relationship between the state and society that maintains state control over merchants, while giving them some autonomy. By investigating the interactions between business and government elites to determine Chinese outward foreign investment, and by exploring the reasons for selecting certain foreign investments in light of internal political and economic concerns and the external effect of investing in politically sensitive countries, the book highlights the political underpinnings and calculations of China''s foreign investment. It thus sheds light on current merchant-state dualism by concluding that merchant-state dualism is the most suitable model for explaining contemporary Ch
Trade ReviewThere are few studies of investment done from a political perspective. This project is the first systematic examination and exploration of China's fledgling outward foreign investment from the perspective of political economy. -- James O'Leary, Ph.D., The Catholic University of America
Her research is addressing a vital topic in this age of globalization — contemporary Chinese government-business relations and their future trajectory — a topic vital especially in light of the increasingly dominant presence of China on the global geopolitical stage. -- Joseph G. Leichter, Ph.D., J.D.
Table of ContentsChapter 1 Introduction Chapter 2 I. Exposition of China's Outward FDI Chapter 3 II. Merchant-State Dualism in China's History Chapter 4 III. Current Illustrations of Dualism in China's FDI Chapter 5 IV. Decision-Making and Political Give-and-Take in FDI Chapter 6 V. Case Study One - The Iron and Steel Industry Chapter 7 VI. Case Study Two - The Oil and Gas Industry Chapter 8 VII. Case Study Three - The Electrical Appliances Industry Chapter 9 VIII. Conclusion Chapter 10 IX. Bibliography
