Foreign investment policy in China: Towards a change of emphasis

Whilst recognising the positive steps taken so far, this paper suggests a new precise content in China's foreign investment policies. For instance, attention should be turned away from granting special preferences to foreign investors and towards abolishing the obstacles imposed on them. Simila...

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Bibliographic Details
Published in:European management journal 1987-12, Vol.5 (4), p.294-300
Main Author: Wang, N.T.
Format: Article
Language:English
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Summary:Whilst recognising the positive steps taken so far, this paper suggests a new precise content in China's foreign investment policies. For instance, attention should be turned away from granting special preferences to foreign investors and towards abolishing the obstacles imposed on them. Similarly, instead of favouring particular geographical localities, they should be allowed to compete for foreign investment. The underlying principle of the new emphasis is a shift away from administrative rules towards basic competition for foreign investment. European businessmen and dedicated “China watchers” will find these prescriptions interesting, and useful, indicators to the future.
ISSN:0263-2373
1873-5681
DOI:10.1016/S0263-2373(87)80025-7