Foreign Investment Strategy

Francis A. Lees
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Francis A. Lees: St John’s University

Chapter 10 in China Superpower, 1997, pp 163-187 from Palgrave Macmillan

Abstract: Abstract Prior to 1979 China’s economic policy was based on the principle of self-reliance. Foreign trade and investment played a very small role. The reforms from 1978 onward led to greater openness, more decentralized authority over economic policy, and a growing foreign trade system. The 1979 Law on Joint Ventures and subsequent legislation reinforced the trend toward an improving foreign investment climate in China.

Keywords: Foreign Direct Investment; Foreign Investment; Direct Investment; Joint Venture; Foreign Capital (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37169-9_10

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DOI: 10.1057/9780230371699_10

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