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Chinese outward direct investment (ODI) is unique in the sense that it starts in the early stage of economic development and does not move factories overseas. Empirical analyses using firm-level data confirm that the main purpose of Chinese ODI is to strengthen domestic production and...
Persistent link: https://www.econbiz.de/10013082495
This paper has two aims. The first is to reduce the range within which the true U.S.-China bilateral trade deficit lies … revised US-China bilateral trade deficit is $15 billion to $20 billion in 1994, and $16 billion to $22 billion in 1995 … US-CHINA bilateral trade deficit in recent years reflected many factors. In our opinion, the two chief factors are (i …
Persistent link: https://www.econbiz.de/10013219694
Many studies of regional disparity in China have focused on the preferential policies received by the coastal provinces …
Persistent link: https://www.econbiz.de/10013231579
Broadly speaking, two schools of thought have emerged to interpret China's rapid growth since 1978:the experimentalist … school and the convergence school. The experimentalist school attributes China's successes to the evolutionary, experimental …, and incremental nature of China's reforms. Specifically, the resulting non-capitalist institutions are said to be …
Persistent link: https://www.econbiz.de/10013212353
This paper analyzes the effects of foreign bank entry on industrial efficiency in the People's Republic of China (PRC …
Persistent link: https://www.econbiz.de/10011255216