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Impact of FDI to China Growth
Essay specific features
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Written by:
Anne R
Date added:
February 25, 2015
Level:
University
Grade:
A
No of pages / words:
8 / 2196
Was viewed:
9981 times
Rating of current essay:
Essay content:
The empirical results show positive but insignificant impact of foreign investment on economic growth. It is seen that foreign investment has a positive impact on economic growth because it serves as a channel through which new technology is transferred from one country to another.
Key words: China, Economic growth, FDI, OLS
Introduction
China experienced a dramatic industrialization since 1978 when economic reforms and open door policy occurred...
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Economic reform allowed reducing trade barriers which stimulated foreign direct investment rapidly. China entered WTO in 2001.Hence; more rapid development was expected due to fewer restrictions on foreign investment. Manufacturing and technology sectors form a core for production and productivity in China...
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