Details
| Translated title of the contribution | Foreign direct investment and knowledge transfer to China |
|---|---|
| Original language | German |
| Pages (from-to) | 4-11 |
| Number of pages | 8 |
| Journal | Geographische Rundschau |
| Volume | 60 |
| Issue number | 5 |
| Publication status | Published - May 2008 |
Abstract
After 30 years of economic reform, the People's Republic of China is a key player of today's world economy. China is among the world's top exporters - especially in the fields of low-tech products like garments. Part of the country's export performance is connected to the inflow of foreign investment. Foreign-invested companies account for more than 50 per cent of China's exports. The inflow of foreign investment, however, does not only stimulate trade. More importantly, foreign investors are also a source of new knowledge. Theoretical concepts as well as empirical investigations show that Chinese firms benefit from contacts with foreign investors, becoming more innovative and productive. Hence, foreign investment has an important role in China's efforts to establish a more knowledge-based economy. One of the results of the Chinese governments policy of economic opening and transformation is a rapid and sustained growth of exports and imports. Public discussion in Germany rarely acknowledges how much the success in Chinese foreign trade has contributed to economic growth, to reducing poverty in China and to politically stabilizing the Asia-Pacific rim. Instead the dominant position of China in certain product segments is heavily debated over here, often accompanied by the demand for new tariffs and other protectionist measures to shield local industries from Chinese competition.
ASJC Scopus subject areas
- Social Sciences(all)
- Geography, Planning and Development
- Environmental Science(all)
- Water Science and Technology
- Energy(all)
- Earth and Planetary Sciences(all)
- Atmospheric Science
Sustainable Development Goals
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In: Geographische Rundschau, Vol. 60, No. 5, 05.2008, p. 4-11.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - Ausländische Direktinvestitionen und Wissenstransfer nach China
AU - Liefner, Ingo
PY - 2008/5
Y1 - 2008/5
N2 - After 30 years of economic reform, the People's Republic of China is a key player of today's world economy. China is among the world's top exporters - especially in the fields of low-tech products like garments. Part of the country's export performance is connected to the inflow of foreign investment. Foreign-invested companies account for more than 50 per cent of China's exports. The inflow of foreign investment, however, does not only stimulate trade. More importantly, foreign investors are also a source of new knowledge. Theoretical concepts as well as empirical investigations show that Chinese firms benefit from contacts with foreign investors, becoming more innovative and productive. Hence, foreign investment has an important role in China's efforts to establish a more knowledge-based economy. One of the results of the Chinese governments policy of economic opening and transformation is a rapid and sustained growth of exports and imports. Public discussion in Germany rarely acknowledges how much the success in Chinese foreign trade has contributed to economic growth, to reducing poverty in China and to politically stabilizing the Asia-Pacific rim. Instead the dominant position of China in certain product segments is heavily debated over here, often accompanied by the demand for new tariffs and other protectionist measures to shield local industries from Chinese competition.
AB - After 30 years of economic reform, the People's Republic of China is a key player of today's world economy. China is among the world's top exporters - especially in the fields of low-tech products like garments. Part of the country's export performance is connected to the inflow of foreign investment. Foreign-invested companies account for more than 50 per cent of China's exports. The inflow of foreign investment, however, does not only stimulate trade. More importantly, foreign investors are also a source of new knowledge. Theoretical concepts as well as empirical investigations show that Chinese firms benefit from contacts with foreign investors, becoming more innovative and productive. Hence, foreign investment has an important role in China's efforts to establish a more knowledge-based economy. One of the results of the Chinese governments policy of economic opening and transformation is a rapid and sustained growth of exports and imports. Public discussion in Germany rarely acknowledges how much the success in Chinese foreign trade has contributed to economic growth, to reducing poverty in China and to politically stabilizing the Asia-Pacific rim. Instead the dominant position of China in certain product segments is heavily debated over here, often accompanied by the demand for new tariffs and other protectionist measures to shield local industries from Chinese competition.
UR - http://www.scopus.com/inward/record.url?scp=44149119114&partnerID=8YFLogxK
M3 - Artikel
AN - SCOPUS:44149119114
VL - 60
SP - 4
EP - 11
JO - Geographische Rundschau
JF - Geographische Rundschau
SN - 0016-7460
IS - 5
ER -