China: Trade, Foreign Direct Investment, and Development Strategies

Trade and foreign direct investment (FDI) play a crucial role in shaping China’s development strategies. The development of China’s economy creates strong pressures for continuous restructuring. China therefore explores how trade and FDI affect China’s development strategies regarding the process and pattern of restructuring. The book aims to provide the reader with findings that shed new light on the related issues and problems. The first chapter introduces the topics, and subsequent chapters enter into theoretical discussion and empirical analysis of trade, FDI, and development strategies, followed by a concluding final chapter.

Unbalanced development in China; Foreign trade and its potential effects on development; Foreign direct investment and its potential effects on development; Economic change and restructuring; Dual economy and development strategies; Static and dynamic comparative advantages; Transaction efficiency and patterns of specialization; Economies of scale and Industrial agglomeration; Knowledge-based development strategy and knowledge economy; Environmental factors and sustainable development.