(...) Tang Xu; Li Kui-wai: Money and banking in China. Chai Pangshun; Li Kui-wai: Foreign bank lending to Chinese industries. Criteria and procedures. Nyaw Mee-kau: The development of direct foreign investment in China. Kwok, Raymond H. F.: Foreign direct investment, trade, and development in...

The People's Republic of China can become an important and influential player in the world through its overseas investment to developing countries. This paper examines and compares the determinants of Chinese and U.S. direct investment around the world. We adopt the cross sectional analysis for...