Selling China(English, Hardcover, Huang Yasheng)

Know about the book -

Selling China(English, Hardcover, Huang Yasheng) is written by Huang Yasheng and published by Cambridge University Press. It's available with International Standard Book Number or ISBN identification 0521814286 (ISBN 10) and 9780521814287 (ISBN 13).

In this book, Yasheng Huang makes a provocative claim: the large absorption of foreign direct investment (FDI) by China is a sign of some substantial weaknesses in the Chinese economy. The primary benefits associated with China's FDI inflows are concerned with the privatization functions supplied by foreign firms, venture capital provisions to credit-constrained private entrepreneurs, and promotion of interregional capital mobility. Huang argues that one should ask why domestic firms cannot supply the same functions. China's partial reforms, while successful in increasing the scope of the market, have so far failed to address many allocative inefficiencies in the Chinese economy.