China's Outward Foreign Investment : A Political Investment, Paperback by Li, Xiaofei, ISBN 0761852638, ISBN-13 9780761852636, Like New Used, Free P&P in the UK"There are few studies of investment done from a political perspective. This project is the first systematic examination and exploration of China's fledgling outward foreign investment from the perspective of political economy."---James O'Leary, ., The Catholic University of America
"Her research is addressing a vital topic in this age of globalization---contemporary Chinese government-business relations and their future trajectory---a topic vital especially in light of the increasingly dominant presence of China on the global geopolitical stage."---Joseph G. Leichter, ., .
This book explores the characteristics of China's outward foreign investment, its motivation, its sector distribution, and its geographical distribution in order to illustrate the current pattern of "merchant-state dualism" in China's overseas foreign direct investment. Merchant-state dualism is a hybrid relationship between the state and society that maintains state control over merchants, while giving them some autonomy. By investigating the interactions between business and government elites to determine Chinese outward foreign investment, and by exploring the reasons for selecting certain foreign investments in light of internal political and economic concerns and the external effect of investing in politically sensitive countries, th highlights the political underpinnings and calculations of China's foreign investment. It thus sheds light on current merchant-state dualism by concluding that merchant-state dualism is the most suitable model for explaining contemporary Chinese government-business relations.
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