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Foreign investment: Impact on China's economy
Author(s) -
Tang Roger Y. W.,
Metwalli Ali M.,
Marie Smith Ola
Publication year - 2010
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.20624
Subject(s) - foreign direct investment , globalization , china , world economy , international trade , business , investment (military) , economics , economic globalization , international economics , market economy , economy , political science , politics , law , macroeconomics
Foreign direct investment (FDI) has been a key driver of economic growth, globalization of business, and the expansion of international trade. And in today's age of the Internet and globalization, the impact of FDI and foreign‐invested enterprises (FIEs) on a hosting country's economy will be more profound than it was in the twentieth century. Given all that, what roles are FIEs playing in the economy of the world's most populous country‐China? And what are the implications for investors? © 2010 Wiley Periodicals, Inc.