Tung, Samuel; Cho, Stella - In: Review of Quantitative Finance and Accounting 17 (2001) 2, pp. 167-85
This paper examines whether concessionary tax rates and tax incentives can attract foreign direct investment (FDI) into certain designated areas in China. Since China opened its doors to foreign investors in 1979, tax benefits have been used extensively to attract FDI into different areas. In...