A Study on the Changes of China`s FDI Policies after WTO: Implications for Korean Firms

A Study on the Changes of China`s FDI Policies after WTO: Implications for Korean Firms

China has enacted many laws and regulations governing foreign direct investment (FDI) since its open-door policy was instituted in 1978. Such laws and rules have provided a basis for inward foreign investment. In 2002, China became the world`s largest FDI recipient FDI has played an important role i...

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Veröffentlicht in:International area studies review 2009-12, Vol.12 (3), p.121
Hauptverfasser: Yung Chul Kwon, Wen Hua Zhou
Format: Artikel
Sprache:kor
Schlagworte:
China
FDI Policy
Korean Firms
WTO
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Zusammenfassung:China has enacted many laws and regulations governing foreign direct investment (FDI) since its open-door policy was instituted in 1978. Such laws and rules have provided a basis for inward foreign investment. In 2002, China became the world`s largest FDI recipient FDI has played an important role in contributing to the country`s economic development and institutional reform. The regulatory environment for FDI has improved as a result of China`s accession to the World Trade Organization (WTO) in 2001. This study analyzes the changes in China`s FDI policy as a result of accession to the WTO and provides the strategic implications for Korean firms looking to invest in China.
ISSN:2233-8659