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Joint Ventures in the People's Republic of China : The Control of Foreign Direct Investment under Socialism - Margaret M. Pearson

Joint Ventures in the People's Republic of China

The Control of Foreign Direct Investment under Socialism

Paperback Published: 11th October 1992
ISBN: 9780691027685
Number Of Pages: 348

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When Chinese leaders announced in late 1978 that China would "open to the outside world," they embarked on a strategy for attracting private foreign capital to spur economic development. At the same time, they were concerned about possible negative repercussions of this policy. Margaret Pearson examines government efforts to control the terms of foreign investment between 1979 and 1988 and, more broadly, the abilities of socialist states in general to establish the terms of their own participation in the world economy. Drawing on interviews with Chinese and foreigners involved in joint ventures, Pearson focuses on the years from 1979 through 1988, but she also comments on the fate of the "open" policy following the economic retrenchment and political upheavals of the late 1980s. "Since the policy of opening' was launched in Beijing in 1979 some Chinese leaders have favoured foreign investment, while others have feared that it would carry ideas and institutions that would corrupt Chinese socialism. This study of Chinese policies toward foreign-invested enterprises (FIFs) during the 1980s broadly charts significant changes in the impact of these competing views on policy. . . . Pearson's overview and analysis provide thought-provoking perspectives. . . . Pearson furnishes excellent evidence that throughout the 1980s the pressure for reform was so great that the conservatives had to retreat repeatedly, despite their concerns about the decline of collectivist values and the Maoist dream."--Stanley Lubman, The China Quarterly

List of Tables and Figuresp. ix
Acknowledgmentsp. xi
Abbreviationsp. xiii
Introduction and Overviewp. 3
The Political Economy of Foreign Investment in China: Issues and Frameworkp. 8
The Chinese Outlook at the Outset of the Foreign Investment Policyp. 37
The Pattern of Foreign Direct Investment in China, 1979-1988p. 66
Controls at the National and Regional Levelsp. 100
Controls at the Enterprise Levelp. 163
Conclusion: The Control of Foreign Direct Investment under Socialismp. 199
Methodological Issuesp. 225
Nonequity Forms of Foreign Direct Investmentp. 232
Summary of Sample Data Presented in the Textp. 234
Notesp. 237
Bibliographyp. 301
Indexp. 321
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9780691027685
ISBN-10: 0691027684
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 348
Published: 11th October 1992
Country of Publication: US
Dimensions (cm): 23.44 x 15.55  x 2.21
Weight (kg): 0.51