Kayani, Farrukh Nawaz; Zhao, Zhongxiu; Shah, M. Tahir Ali; … - In: Pakistan journal of commerce and social sciences 6 (2012) 2, pp. 372-381
Globalization has both costs and benefits. In this paper we would focus upon one of the damages of globalization to China. It is said that inward FDI replaces local domestic capabilities in import-substitution countries. In the case of China the Chinese domestic industries are lacking...