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Joint Ventures in the People s Republic of China: The Control of Foreign Direct Investment Under Socialism (Paperback)

Margaret M. Pearson

Edité par Princeton University Press, United States, 1992
ISBN 10: 0691027684 / ISBN 13: 9780691027685
Neuf(s) / Paperback / Quantité : 1
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Titre : Joint Ventures in the People s Republic of ...

Éditeur : Princeton University Press, United States

Date d'édition : 1992

Reliure : Paperback

Etat du livre : New

Edition : Reprint.

Description :

Language: English . Brand New Book. When Chinese leaders announced in late 1978 that China would open to the outside world, they embarked on a strategy for attracting private foreign capital to spur economic development. At the same time, they were concerned about possible negative repercussions of this policy. Margaret Pearson examines government efforts to control the terms of foreign investment between 1979 and 1988 and, more broadly, the abilities of socialist states in general to establish the terms of their own participation in the world economy. Drawing on interviews with Chinese and foreigners involved in joint ventures, Pearson focuses on the years from 1979 through 1988, but she also comments on the fate of the open policy following the economic retrenchment and political upheavals of the late 1980s. Since the policy of opening was launched in Beijing in 1979 some Chinese leaders have favoured foreign investment, while others have feared that it would carry ideas and institutions that would corrupt Chinese socialism. This study of Chinese policies toward foreign-invested enterprises (FIFs) during the 1980s broadly charts significant changes in the impact of these competing views on policy.Pearson s overview and analysis provide thought-provoking perspectives. .Pearson furnishes excellent evidence that throughout the 1980s the pressure for reform was so great that the conservatives had to retreat repeatedly, despite their concerns about the decline of collectivist values and the Maoist dream. --Stanley Lubman, The China Quarterly. N° de réf. du libraire AAH9780691027685

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Synopsis : In a dramatic shift if foreign economic policy, the Chinese leadership, in late 1978, announced that China would 'open to the outside world.'As part of this new 'open' policy, China embarked on a strategy to use private foreign capital to spur economic development.

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