This unique book is the first to bring together a group of leading China experts to reflect on their cultural and social encounters while travelling and living in the PRC.
Author: Jeremy A. Murray
Publisher: Rowman & Littlefield
This unique book is the first to bring together a group of leading China experts to reflect on their cultural and social encounters while travelling and living in the PRC. Covering nearly a half-century, these stories open a vivid window on a rapidly evolving country and on the zigzag learning curve of the China trippers themselves.
hotehlgrad ADB Depos 4-605 Introduction There is no doubt that part of foreign
direct investment ( FDI ) inflows to the People's Republic of China ( PRC ) FDI
belongs to the return of Chinese capital that has gone abroad . The World Bank
Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on TradePublish On: 2008
Equally troubling is the pervasive practice of the “ round tripping ” of Chinese
capital . In particular , 20 % to 30 % of China ' s FDI is estimated to be of domestic
origin . It is the result of the “ round tripping ” of mainland Chinese capital ,
Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade
3.4 Inward FDI flows for China and the United States as a percentage of the world
flows. Source: Authors' ... With the abolition of most financial incentives for inward
investment in China, round tripping should be diminishing. 6In 2018, the US ...
Author: Lourdes Casanova
Publisher: Academic Press
Chinese multinationals have grown in size and increased their global presence dramatically over the last decade. They have emerged as formidable competitors for western incumbents. These firms have instigated profound changes, such as displaced trade and investment flows, new business models, and the emergence of a new geography of global innovation. In a single volume, The Era of Chinese Multinationals captures the forces driving the disruptive growth of Chinese multinational corporations. Following a presentation of the surge of Chinese companies, the book turns to corporate characteristics of those firms and how they compare with western multinationals in terms of revenues, profits, branding, and business strategy. The book uses data and case studies to depict the relevant issues with the goal of providing insights to global executives on collaborating and competing with Chinese companies. Covers the Chinese government's expansionist policies and Chinese firms' new role as a global acquirer of companies Examines common characteristics of Chinese companies and their efforts to make China an innovation hub Illustrates its analysis with case studies and interviews with corporate executives and experts in multilateral institutions
ethnic Chinese business entrepreneurs to invest in their ancestral homeland.17
Macroeconomic policies, including currency ... residents and enterprises and
acquisitions of shares or assets by such vehicles in China by way of “round- tripping.
Author: Roselyn Hsueh
Publisher: Cornell University Press
Category: Political Science
Today's China is governed by a new economic model that marks a radical break from the Mao and Deng eras; it departs fundamentally from both the East Asian developmental state and its own Communist past. It has not, however, adopted a liberal economic model. China has retained elements of statist control even though it has liberalized foreign direct investment more than any other developing country in recent years. This mode of global economic integration reveals much about China’s state capacity and development strategy, which is based on retaining government control over critical sectors while meeting commitments made to the World Trade Organization. In China's Regulatory State, Roselyn Hsueh demonstrates that China only appears to be a more liberal state; even as it introduces competition and devolves economic decisionmaking, the state has selectively imposed new regulations at the sectoral level, asserting and even tightening control over industry and market development, to achieve state goals. By investigating in depth how China implemented its economic policies between 1978 and 2010, Hsueh gives the most complete picture yet of China's regulatory state, particularly as it has shaped the telecommunications and textiles industries. Hsueh contends that a logic of strategic value explains how the state, with its different levels of authority and maze of bureaucracies, interacts with new economic stakeholders to enhance its control in certain economic sectors while relinquishing control in others. Sectoral characteristics determine policy specifics although the organization of institutions and boom-bust cycles influence how the state reformulates old rules and creates new ones to maximize benefits and minimize costs after an initial phase of liberalization. This pathbreaking analysis of state goals, government-business relations, and methods of governance across industries in China also considers Japan’s, South Korea’s, and Taiwan’s manifestly different approaches to globalization.
FDI and the large increase in FDI inflows from the tax-haven economies, because
of the round-tripping issue. Round-tripping involves the circular flow of capital out
of China and the subsequent reinvestment of this 'foreign' capital in China for ...
Author: Chunlai Chen
Publisher: Edward Elgar Publishing
Category: Business & Economics
'For readers looking for a comprehensive rigorously quantitative analysis of foreign direct investment (FDI) in China, there is no better work than Chunlai Chen's Foreign Direct Investment in China. In the book he analyzes a wide range of issues ranging from the contribution of FDI to China's growth to why FDI is concentrated in certain Chinese provinces and not others. Readers with an economics or statistical background will get the most out of the book, but it is accessible and informative for many others.' Dwight H. Perkins, Harvard University, US Foreign Direct Investment in China is one of the most comprehensive studies of FDI in China and provides a remarkable background of information on the evolution of China's FDI policies over the last 30 years. Chunlai Chen presents a compelling and thorough analysis of the leading theoretical explanations of FDI and a series of rigorous empirical examinations of the location determinants of FDI. He examines a comprehensive analysis of the differences in investment and production behaviour between the major investors as well as an in-depth investigation of the impacts of FDI on China's economy. This book is a highly focused and unique work of theoretical analysis and empirical study of FDI in China. It is a valuable and important reference for scholars and students who are interested in FDI in general and in Chinese economic studies in particular.
two periods , China remained an average performer in attracting FDI , holding the
5364 and 59th positions in 1988-1990 and 1998-2000 ... The “ Round - Tripping ”
FDI Phenomenon China reported FDI inflows of US $ 47 billion in 2001.
influence of the round-tripping FDI is netted out. In 1992, this difference came to
US$25 billion, which was about 32 percent of the officially-recorded HKMC FDI
and about 22.5 percent of China's total FDI intake. Many in China believe that ...
Author: Yasheng Huang
Publisher: Institute of Southeast Asian Studies
China is the largest recipient of foreign direct investment (FDI) among developing countries. This study compares China's FDI performance with a number of other Asian countries and focuses on the policy and institutional factors that lead to a large demand for FDI in China. The policy and institutional factors include import substitution, excess investment demand and features of China's FDI regulatory system. The study shows that there are costs associated with such a high demand for FDI, including overbidding for FDI and the associated loss of Chinese bargaining power, large import demand, and the structure of the FDI at variance with Chinese official policies. This study also briefly discusses the foreign economic policy implications of China's FDI absorption and suggests some future research possibilities.
In June 2003, we discussed a trip to China listed in the Viking Tours brochure.
We signed up in December 2004 for a trip in mid-April to avoid cold weather. The trip would extend from Beijing, through several cities and down the Yangtze ...
Author: CARL LAHSER
Publisher: Trafford Publishing
Carl Lahser is a resident of San Antonio, Texas. He founded Pretense Press (San Antonio, Texas) in 1984 as a hobby and is its sole owner. He travels and writes about his trips. Lahser also writes poetry on a variety of topics. He is retired from the federal service and US Air Force, and he worked in environmental engineering, sanitation, and natural resources management.
Even excluding flows from Hong Kong SAR to China from these calculations ( on
the extreme assumption that all of these flows represent ' round - tripping ' of
funds originating in China – this point is discussed further below ) , China's share
Author: Belton M. Fleisher
Publisher: Edward Elgar Publishing
Category: Business & Economics
The contributors to this book evaluate a variety of legal, regulatory and economic aspects of China's transition from a command to a market economy.
Early work by the World Bank suggested that round - tripping might account for as
much as one - quarter of all China's FDI inflows . In its Global Development
Finance report for 2002 , the World Bank commented that the share of total flows
Forms of FTIR and BTCIW ( breaker trip and closure infor - mation word )
determined by FTIR are shown in Fig . ... and formed in terms of the following
logical relations : _ closing signals are Pc1 = Dh . DAD , D , , tripping signals are
Per = D . D ...
The World Bank estimated round - trip FDI to be around 25 % of total FDI inflow in
1992 ( World Bank 1996 ) . ... They estimated about 20 % to 30 % of FDI in China
was due to round - tripping , based primarily on China ' s capital flight as ...
extent of FDI inflow to China is overstated due to " round - tripping ” . Though it is
difficult to figure out precisely , there are some estimates . For example ,
according to the studies of Harrold and Lall ( 1993 ) and Lardy ( 1995 ) , about 25
% of ...
Author: John Wong
Publisher: World Scientific Publishing Company Incorporated
Category: Business & Economics
Papers of a conference organized by the East Asian Institute and Xiamen University and held in Singapore in December 2004.
In China , for example , the India and China ( see Table 3 below ) . of round tripping . An estimate by Xiao Bureau responsible for attracting FDI It is clear from
the accompany- ( 2004 ) puts round - tripping from the is also the one which ...
He therefore concludes that ' a one percentage point increase in the ethnic Chinese population share leads to a 3 . 8 percent or higher ... FDI Diversion and '
Round - tripping ' China has been the largest recipient of FDI since 2002 . Of all
been commonly used by Chinese individual residents for round-tripping”
investment in China, money laundering, and other legal or illegal purposes.”
Residents' domestic-sourced passive income could be diverted or accumulated
system can be reflected by the major share Hong Kong capital has in the total
foreign investment in China . ... Capital from China can be divided into three
categories – investment in the service sector , ' round - tripping ' investment , and
Money from China has been moved offshore so that it can reenter the country as
foreign capital . Most of this so - called “ round - tripping ” occurs through Hong
Kong , which accounted for half of all Chinese FDI in 1996 , and 38 % in 2000 .
Author: Dhandapani Alagiri
Category: Banks and banking
While both India and China are under the world s scrutiny for the rapid progress they make, their contrasting ways of development and their individual difficulties are enough grounds for a good debate on their paths to economic prosperity. This book prese
In view of all this , it is clear that India ' s FDI figures relative to China ' s is
underestimated . Another major source of discrepancy is the process of " round - tripping " . This refers to capital belonging to Mainland China leaving the country
Author: Mohan Guruswamy
Publisher: Hope India Publications
This book is an assemblage of the papers and reports presented at a two-day seminar on the Emerging Trends in India-China Relations held under the aegis of the Centre for Policy Alternatives, New Delhi (April 13 and 14, 2006). The papers and reports presented at the seminar by the experts like Mr. Mani Shankar Aiyar, Rear Admiral (Retd.) Raja Menon, Ambassador (Retd.) C. V. Rangnathan, and Chinese Ambassador to India H.E. Sun Yuxi, related to issues of contemporary significance and immediate relevance, such as the Border issue, Non-Proliferation, Energy Security, Foreign Policy and so on. Each write-up here is thoroughly researched and provides an in-depth analysis of the bilateral relationship.