Fung, K. C.; Iizaka, Hitomi; Lin, Chelsea; Siu, Alan - 2014
This paper examines the locational choices of Hong Kong and U.S. direct investments (DI) in China using a regional data …. These econometric estimates can be understood in light of two stylized facts of U.S. and Hong Kong investments in China …. First, the motive of U.S. firms investing in China is primarily to sell in China, whereas Hong Kong firms tend to invest in …