In recent years, the People's Republic of China (PRC) has emerged as the world's largest recipient of foreign direct investment (FDI). Many analysts and government officials in the developing world have expressed concern that they are losing competitiveness to the PRC. Is the PRC diverting FDI...

The very rapid economic growth of the People's Republic of China (henceforth PRC), its dramatic success in world export markets and its heavy receipts of foreign direct investment (FDI) have generated much thought and debate in policy and business circles in different parts of the world. This...

It is well known that much of the recorded foreign direct investment (FDI) to the People's Republic of China is financed by domestically generated funds that leave the country to return as 'roundtripping' FDI. This paper provides one of the very few estimates of the magnitude of this form of FDI...