What are the factors behind the recent development of industrial technology in China? Does China follow the path of learning technology from outside through direct foreign investment and international trade as other Asian newly industrialized economies, or imitate the U.S. model that develop...

We compare China’s foreign direct investment (FDI) and overseas direct investment (ODI) regimes, finding that, at a general level, whereas the former has transitioned from restrictive to lenient, the latter has evolved in the opposite direction, from lenient to restrictive. The different...