Manufacturing sector FDI and performance of domestic banks
Book Chapter ResearchOnline@JCUAbstract
[Extract] Since the market reform in the late 1970s, China's economy has been growing quickly, to which the manufacturing sector has made significant contribution. One characteristic of development in China's manufacturing sector is the importance of foreign direct investment (FDI). FDI in the manufacturing sector has been found to affect domestic firms' productivity (see, for example, Buckley et al., 2002, 2007a, 2007b; Li et al., 2001; Liu, 2002, 2008; Sun, 2011; Xu and Sheng, 2012a, 2012b) and exports (see for example Sun, 2009, 2010; Swenson, 2008) in China. In the same period, China's banking sector, a major funding source for firm production and exporting activities, has also experienced significant development. For example, from 2005 to 2010, the four major commercial banks in China have all been listed in the stock market.
Journal
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Publication Name
Regional Development and Economic Growth in China
Volume
7
ISBN/ISSN
1793-3668
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Issue
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Pages Count
20
Location
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Publisher
World Scientific Publishing
Publisher Url
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Publisher Location
Singapore
Publish Date
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Url
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Date
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EISSN
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DOI
10.1142/9789814439855_0007
