International investment strategies in the People's Republic of China / Yadong Luo.

Format:

Book

Author/Creator:

Luo, Yadong.

Contributor:

Simon Nelson Patten Fund.

Language:

English

Subjects (All):

Investments, Foreign--China.

Investments, Foreign.

China.

Physical Description:

xiii, 311 pages : illustrations ; 23 cm

Place of Publication:

Aldershot ; Brookfield, Vt. : Ashgate, [1998]

Contents:

Chapter 1 Foreign Direct Investment in China: Patterns and Features 1

1.1 Foreign Direct Investment: Worldwide Overview 1

1.2 FDI in China: Patterns, Situations, and Features 5

1.3 Review of FDI in China Over the Past Seventeen Years (1979-1996) 22

1.4 What is Happening Now? 24

1.5 Strategic Outlook 26

Chapter 2 International Investment Environment in China 30

2.1 Emerging Market Economy 30

2.2 Market Demand 36

2.3 Cost and Revenue-Related Environment 39

2.4 Taxation Issues 40

2.5 Legal Environment 45

2.6 International Investment Strategies and Environment 51

Chapter 3 Industry Selection Strategy in China 56

3.2 Industrial Structure in China 57

3.3 Industrial Policies Toward FDI in China 64

3.4 Industry Profiles and Opportunities 68

3.5 Critical Structural Attributes in China 77

3.6 Empirical Analysis 84

3.7 Implications for International Executives 86

Chapter 4 Timing of Investment in China 91

4.2 Conceptual Issues 93

4.3 Economic Effects of Timing of Investment 96

4.4 A Framework of Timing Strategy Formulation 100

4.5 Survey Results from China 104

4.6 Implications and Guidance for Foreign Investors 108

Chapter 5 Project and Location Selection in China 116

5.1 Conceptual Foundations 116

5.2 Governmental Policies on Project and Location Selection 123

5.3 Finding a Home: Some Advice 127

5.4 Choosing the Right Project: Some Advice 132

Chapter 6 Partner Selection in China 136

6.1 Conceptual Foundations 136

6.2 Strategic Attributes of Local Partners in China 141

6.3 Organizational Attributes of Local Partners in China 145

6.4 Financial Attributes of Local Partners in China 149

6.5 Empirical Evidence 154

6.6 Implicationa for International Executives 155

6.7 Sources for Identifying Chinese Partners 158

Chapter 7 Network Cultivation in China 163

7.1 Understanding Concept and Importance of Guanxi 163

7.2 Grasping Principles of Guanxi 165

7.3 Comprehending Philosophies of Guanxi 166

7.4 Appraising Economic Rationale of Guanxi 168

7.5 Appraising the Difference between Guanxi and Western Networking 170

7.6 Integrating Organizational Dynamics with Guanxi 172

7.7 Aligning Foreign Investment Decisions with Guanxi 179

7.8 Constructing Own Guanxi Network 181

7.9 Searching Right People 183

7.10 Linking Guanxi with Performance 185

Chapter 8 Entry Mode Selection and Sharing Arrangements in China 189

8.2 Entry Mode 1: Equity Joint Ventures 190

8.3 Entry Mode 2: Wholly Foreign-Owned Enterprises 193

8.4 Entry Mode 3: Contractual Joint Ventures 195

8.5 Entry Mode 4: Umbrella Companies 197

8.6 Entry Mode 5: Acquiring Existing Firms 200

8.7 Entry Mode 6: Representative Offices 202

8.8 Entry Mode 7: Other Options 204

8.9 Some Advice to International Executives 207

8.10 Financial Comparison Between EJVs and WFOEs 211

8.11 Sharing Arrangement in China 216

1 Sample Contract for International Joint Venture Formation 220

2 List of China's Foreign Investment Laws and Regulations 239

3 The Law of the People's Republic of China on Sino-Foreign Equity Joint Ventures 244

4 The Law of the People's Republic of China on Sino-Foreign Cooperative Joint Ventures 250

5 Law of the People's Republic of China on Enterprises Operated Exclusively with Foreign Capital 258

6 Provisions of the State Council of the People's Republic of China for the Encouragement of Foreign Investment 264

7 Income Tax Law of the People's Republic of China for Foreign-Invested Enterprises 270

8 Notice of the State Council on Regulations of Value-Added, Excise, Business, and other Taxes Applicable to Foreign-Invested Enterprises 280

9 Supplementary Provisions of the Ministry of Foreign Trade and Economic Cooperations Concerning the Implementing Rules on Confirmation and Examination of Export-Oriented and Technologically-Advanced Foreign-Invested Enterprises 283

10 Patent Law of the People's Republic of China 288

11 Implementation Rules for International Copyright Treaties 306.

Notes:

Includes bibliographical references.

Local Notes:

Acquired for the Penn Libraries with assistance from the Simon Nelson Patten Fund.

Presented by The American Academy of Political and Social Science in memory of Simon Nelson Patten; 1999/2000.

ISBN:

1840140267

OCLC:

38752933