Selling China: Foreign Direct Investment During the Reform Era (Cambridge Modern China Series) [Hardcover]

Yasheng Huang (Author)

Book Description

ISBN-10: 0521814286 | ISBN-13: 978-0521814287 | Publication Date: December 16, 2002 | Edition: 1st

This book about China's integration into the world economy proposes a radically different perspective. Most economists view China's large foreign direct investment (FDI) inflows as the result of China's economic success. This study views the same phenomenon as a function of the imperfections in the Chinese economic system. It uses economic theory to explain FDI to a greater extent than previous studies on the same topic. It also presents comparative FDI data of additional countries, making it more comprehensive than previous studies which focused only on China.

Editorial Reviews

Review

"Selling China should be recommended to scholars and practitioners interested in China's political economy. It provides an innovative and rigorously argued analysis with important implications both for scholars and policymakers concerned with China's continued economic reform efforts. Such a thought provoking book will surely spark hot debate over China's reform model as the country fulfills its commitments to the WTO." Ying Huang, Michigan State University, China Business Review

"Professor Huang's innovative work over many years...is distilled and elaborated in this book. He provides a novel, carefully documented, and rigorously argued analysis which carries with it important implications both for scholars and policymakers concerned with China's continued economic reform efforts." --Charles Wolf, Jr., RAND

"Selling China should be recommended to scholars and practitioners interested in China's political economy... Such a thought-provoking book will surely spark hot debate over China's reform model as the country fulfills its commitments to the WTO.: --China Business Review

"...an impressive amount of data...and...an important contribution to the literature." Finance and Development

"Selling China argues that China not only gets more direct investment than any other developing country, but that it is dependent on it because its own financial sector is sickly, leaving billions in Chinese savings idle while billions from across the seas are invested at higher cost. Students of China's economic development... will read Huang's careful analysis for its logic and scholarship, and because it is the best available quantification of the size and meaning of foreign investment in China. Business managers, bankers and money managers who think of foreign investment as reassurance will read this book with sobriety, and be better prepared to succeed in the next phase of Chinese economic reformation as a result. Chinese leaders themselves will read this powerful book..." Daniel Rosen, Visiting Fellow, Institute for International Economics

"Professor Huang's innovative work over many years on the role of foreign direct investment in China's economic development is distilled and elaborated in this book. He provides a novel, carefully documented, and rigorously argued analysis which carries with it important implications both for scholars and policymakers concerned with China's continued economic reform efforts." Charles Wolf, Jr., RAND

"Selling China should be recommended to scholars and practitioners interested in China's political economy. It provides an innovative and rigorously argued analysis with important implications both for scholars and policymakers concerned with China's continued economic reform efforts. Such a thought-provoking book will surely spark hot debate over China's reform model as the country fulfills its commitments to the WTO." China Business Review

"With precision and authority, Huang's book now represents the new benchmark for all future work on China's political economy." The Journal of Asian Studies

"...Huang's book has a great deal to commen it and its analysis is essential for those trying to understand China's integration into the world economy." - Pacific Affairs, Christopher Howe, School of Oriental and African Studies, London, UK

Book Description

The book is about China's integration in the world economy. It proposes a radically different perspective on this topic. Most economists view China's large foreign direct investment (FDI) inflows as a result of China's economic success. This book views the same phenomenon as a function of the imperfections in the Chinese economic system. It uses economic theory to explain FDI to a greater extent than previous studies on the same topic. The book also presents comparative FDI data of a number countries while most the previous studies only contained data on China.

See all Editorial Reviews

Product Details

• Hardcover: 408 pages
• Publisher: Cambridge University Press; 1st edition (December 16, 2002)
• Language: English
• ISBN-10: 0521814286
• ISBN-13: 978-0521814287
• Product Dimensions: 9.2 x 6.2 x 1.2 inches
• Shipping Weight: 1.6 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #1,840,928 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

12 of 12 people found the following review helpful:

5.0 out of 5 stars It's not just another view ..., February 5, 2004

By A Customer

This review is from: Selling China: Foreign Direct Investment During the Reform Era (Cambridge Modern China Series) (Hardcover)

I find Prof Huang's "Selling China" much more than just an academic achievement which it is -- with its disciplined arguments supported by a wealth of well-researched facts.

After 18 years of working on the Greater China scene -- most of it foreign investment related, for me, the greatest value of the book is its main theme -- that the large inflow of FDI over the years reflects weaknesses rather than strengths of the Chinese system. It is not just another point of view in the already overcrowded gallery of China commentary. For me, the well-argued and well-researched "unconventional" view answers some of the key China investment related questions at a very practical level, and should have important implications for government policy making and corporate decision making alike.

5 of 6 people found the following review helpful:

5.0 out of 5 stars the year's best book on china, February 5, 2004

By A Customer

This review is from: Selling China: Foreign Direct Investment During the Reform Era (Cambridge Modern China Series) (Hardcover)

I have seen a number of rave reviews for this book in various economic journals and now I have read the book myself. This is a must read for those who wishes to gain a deep understanding of China's fast-evolving economic and business landscape. I also recommend it to readers who are interested in an unconventional and novel take on foreign direct investment