This item is in: Chandos > Asian Studies > China

The Rise of the Dragon: Inward and Outward Investment in China in the Reform Period 1978-2007

Kerry Brown

 - provides and accessible study of both inward and outward investment – not found in other books on China
 - based on clear case studies while the author worked as an Embassy commercial officer from 2000 to 2003 in China, and then as a consultant for Western companies, and Chinese companies, seeking to implement inward and outward investment plans

Chinese economic reform has been undertaken through a series of phased reforms. The goal of Chinese economic reform was to generate sufficient surplus value to finance the modernization of the mainland Chinese economy. This book provides an assessment of where investment stands today and it's likely future role in China and reviews China's interaction with the rest of the world as it advances towards superpower status.

ISBN 1 84334 481 5
ISBN-13: 978 1 84334 481 0
February 2008
242 pages  235 x 156mm  paperback  
£28.00 / US$50.00 / €35.00

Usually dispatched within 24 hours

£65.00 / US$110.00 / €80.00

About the author

Dr Kerry Brown was educated at Cambridge, London, and Leeds Universities. His first book was a study of the Cultural Revolution in Inner Mongolia, China. His second was a series of essays about the impact of China’s transition and rise on the West in the 21st century. He worked for the FCO for ten years, dealing largely with China and Asia, both in London, and China. He has visited every single province and autonomous region in China, and speaks Chinese fluently. He is Director of Strategic China Ltd, the only UK company helping the Chinese non state sector come to the UK, an Associate Fellow on the Asia Programme at Chatham House, an associate at the China Policy Centre Nottingham, a committee member of the British Association of Chinese Studies, and a Fellow of the Royal Society of Arts. He has commented on China in the Far Eastern Economic Review, International Affairs, The World Today, The Liberal, FT China online, and other specialist journals. He has also commented on China on Bloomberg, BBC, CNBC, The Guardian, The Times, and others.

Contents

A brief history of inward and outward investment in China
 - 1793
 - 1911: a new beginning or another false start?
 - Foreign direct investment in Qing and republican China
 - The PRC era
 - What a difference one meeting makes
 - The first wave: the 1980s
 - The first break-up
 - The final comeback: Deng in the South in 1992
 - Full systems go: the explosion starts … stops … and starts again
 - New kid on the block: the non-state sector in the new China
 -  A final look backwards – and forwards
 - Annex: Two faces of the non-state sector in China
 - Notes

Statistics
 - On statistics in general
 - The basics
 - Foreign direct investment in China
 - Chinese overseas investment
 - Conclusion
 - Annex: The strange tale of round-tripping FDI
 - Notes

China as a destination for foreign direct investment
 - The policy framework for FDI
 - The perils of investing in China
 - Hong Kong
 - Li Kaisheng and Hutchinson Whampoa
 - Larry Yung, son of the Red Capitalist
 - Taiwan: two systems, but not two countries
 - The UK
 - The power sector and British investment
 - The USA in China
 - German investment in China
 - Japanese investment in China
 - Conclusion
 - Annex: case study of FDI in Zhejiang province
 - Notes

China as an outward investor
 - Administrative and policy framework
 - The issue of soft power: can money buy a good image that people believe?
 - China in Africa – continuity or radical change
 - China and the USA: the dance of love and hate
 - China in Europe
 - France
 - Conclusion
 - Notes

Conclusion
 - Note