China as a Destination
Nancy A. Hubbard
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Nancy A. Hubbard: Goucher College
Chapter 10 in Conquering Global Markets, 2013, pp 165-189 from Palgrave Macmillan
Abstract:
Abstract When I was growing up in the 1960s, the toys we played with were “Made in Japan.” As I got a little older, those toys “Made in Japan” had become interesting electronics while the cheaper goods were “Made in Taiwan.” Within 20 years, those lesser-priced items were, and continue to be, “Made in China.” Over the latter part of the twentieth century, China has become the world’s center of cost-effective manufacturing. Billions of dollars of foreign direct investment has poured into China, creating an enormous low-cost manufacturing environment. But the dawn of the twenty-first century has also brought significant changes to how and why companies have entered China.
Keywords: World Trade Organization; Chinese Government; Joint Venture; Foreign Firm; Business Group (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-30772-9_11
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DOI: 10.1057/9781137307729_11
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