Analysis of South Korea’s Direct Investment in China

I.General Situation of South Korea’sDirect Investment in ChinaSouth Korea’s investment in China has increased dramatically since1992,when the twocountries formallyestablished diplomatic relations.According to China’s statistics,in1992,South Korea’s direct investment in China was only US$119million.By2002,it reachedUS$2.721billion–a26.78percent annual growth on average.This was much higher thantheaverageannual growth ofinvestmentby other countries in China,which stood at10.87 pe…     

Analysis of China’s Foreign Trade Growth and Discussion of Related Policies

I. Analysis of Factors in the Growth of Import and Export TradeAccording to Customsstatistics,China’s import and export tradereached US$620.8 billionin 2002,growing by 21.8 percent, with imports growing by 21.2 percentand exports by 22.4 percent. Such growth reached as high as 37.1 percent in 2003, with the total volumereachingUS$851.2 billion,withimportsgrowingby39.9percentandexportsby 34.6percent.In the firstthree quartersof 2004, the total value of import and export tradehit US$828.5…     

The Analysis on the Development of China＇s Foreign Direct Investment

Foreign Direct Investment （FDI） is one of the most important ways that China makes use of the foreign capital, an important path that Chinese enterprises participate in the international competition deeply and also an important means that our enterprises promote their competitive ability. Absolutely, our current foreign direct investment is still in the primary stage, short in quantity, and small in scale. This kind of situation is quite inappropriate to China＇s international positions and management level. The main problems existing in our foreign direct investment are analyzed in this paper, the relevant counter measures are also put forward.     

Analysis of China＇s Foreign Trade Growth and Discussion of Related Policies

China’s foreign trade experienced three consecutive years of super-speed growth in 2002-2004, even though the country was stricken by the SARS epidemic in 2003 and power shortages in 2004. What has gone beyond expectations is that the exports trade still grew with momentum after the central government lowered the export rebate rates by an average of 3 percentage points, starting from January 2004. Such growth momentum is apparently associated with external demand and the performance of the domestic macroeconomy, and even more associated with a series of support policies. This paper tries to raise issues issues associated with these policies on the basis of an analysis of foreign trade performance in 2002-2004, in order to enhance understanding of the advantages and disadvantages of these policies, and to recommend a new line of thought for improving policy arrangements for the growth of import and export trade and for the harmonious development of the macroeconomy.     

China＇s Foreign Trade and Investment： An Overview and Analysis

This study discusses the current development of China‘s trade and investment and their related issues. It presents data consistent with the hypothesis that Chinese firms try, to overcome market impediments, such as capital account inconvertibility and differential tax treatment between foreign and domestic firms, through trade and investment. Various challenges and opportunities related to China‘s future trade and investment are also discussed.     

China＇s Free Trade Agreements with ASEAN, Japan and Korea： A Comparative Analysis

The role of China in East Asia's recovery from the recent global financial and economic crisis highlights China's position as an engine of growth for this region. From the viewpoint of China, there are many potential gains from entering into free trade agreements (FTAs) with its neighbors, who collectively form a large and fast‐growing market. In this paper, we qualitatively and quantitatively assess the four main permutations of China's FTAs with East Asian major economies: China–ASEAN, China–Japan, China–Korea and ASEAN+3. We compare the effects of these FTAs on China's output and welfare. Our comparative analysis shows that China will gain from all three bilateral FTAs, while gaining the most from the ASEAN+3. Because forming a region‐wide FTA, such as the ASEAN+3, is expected to be gradual and difficult, China should continue to engage in bilateral FTAs as a medium‐term and alternative strategy. However, in the long term, China should pursue a region‐wide FTA.     

Does Foreign Direct Investment Affect the Growth of Local Firms？ The Case of China＇s Electrical and Electronics Industry

Does foreign direct investment(FDI) into developing countries affect the growth of local firms in host countries? Using a dataset of 38 sectors in China’s electrical and electronics industry,in this paper,we analyze whether FDI has a positive effect on local firms,with technology spillovers,added value and increasing total factor productivity,or a negative, market stealing,effect.Estimating the relationship between growth of local firms and investment of foreign firms,our results show that FDI is likely to have a negative impact on the growth of local firms in sectors with large disparities in technology and less experience in business.Therefore,local firms lacking in technology need to find markets with no competition from foreign firms or determine strategies to compensate technology disparities.     

Foreign Direct Investment(FDI)in China’s Mobile Telecommunications Sector

Introduction Ten years after China’ s accession to the World Trade Organisation(WTO),the country has emerged as a world economic powerhouse.By the end of 2010,China’ s foreign exchange reserves hit a record US$2.85 trillion(Wang,14 January 2011) and FDI in China rose to a record $US105.7 billion(Bloomberg News, 18 January 2011).Furthermore,China overtook Germany in 2009 as the world’s largest exporter and likely surpassed Japan to be the world’s second largest economy(Bloomberg News,18 January 2011 ).     

Provincial Interdependence and China’s “Irrational” Outward Foreign Direct Investment

Open Economies Review - China’s outward foreign direct investment (OFDI) has increased by more than 70-fold since early 2000. A sudden plummet of 30% OFDI in 2017 particularly merits...     

Food Security and Agricultural Changes in the Course of China＇s Urbanization

China's small farmers face increasing challenges because of land and water resource constraints and the effects of climate change. With the strengthened agricultural stimulus policies, poverty reduction and social protection programs, as well as the expanding international food trade, up to now China has achieved food security through small farm agriculture. During intensive economic restructuring, smallholders still coexist with large‐sized farms and industrialized agricultural businesses, but are in a vulnerable position in market transactions. Oriented to 2050, China's agricultural development and food security policies should work to improve domestic market structure, to further release international trade control and to empower smallholders.     

Are Investment Promotion Agencies Effective in Promoting Outward Foreign Direct Investment? The Cases of Japan and Korea

In this paper we examine the role of investment promotion agencies (IPA) in promoting outward foreign direct investment (FDI) from Japan and Korea. Looking at two home countries enables us to control for both country‐pair time‐invariant characteristics and host‐country time‐varying characteristics. Our empirical results suggest that home‐country IPA tend to be more effective in promoting outward FDI in politically risky host countries. However, this finding depends on whether the home‐country firm is listed or unlisted. More specifically, we find that the positive effect of home‐country IPA on outward FDI in politically risky countries is limited to unlisted home‐country firms, which tend to be less productive.     

An Analysis of Southeast Asian Firms'''' Investment in China

I.IntroductionChinahasbeenverysuccessfulinattractingforeigndirectinvestment(FDI)sinceitstartedtopracticetheopendoorpolicyintheearly1980s.Inthepastdecade,theaverageannualgrowthrateofChinasutilizedFDIwasover50percent.Duringthesameperiod,overone-thirdoftheworldsFDIflowingtodevelopingcountrieswasinvestedinChina.In2002,ChinasurpassedtheUnitedStatesintermsofattractingFDI,andstoodinthefirstpositionamongtherecipientsofFDI.EconomiccooperationbetweenChinaandSoutheastAsiancountriesandterritorie…     

The Empirical Analysis of the Reason and the Influence of the Rapid Growth of Foreign Exchange Reserves in China

The fluctuation of Chinese foreign exchange （Forex） reserve is affected by those factors, such as the volume of the Balance of Payments, the M2, the balance of external debts and so on. In this paper, the author establishes a model for the fluctuation of China＇s official foreign exchange reserve with the method of econometrics, finding out that it is the surplus of the balance of payments that results in the rapid growth of foreign exchange reserves. Then, this paper uses substantial data to objectively demonstrate the negative impact of position for Forex purchase and its sterilization operation on monetary policy and the economic development of the diverse sectors and regions.     

Changes in China’s Main Economic Indicators

To be continued on the next page.Apr.Mar.Changes in China’s Main Economic Indicators2005(by Jun. 2005)16.616.326.424.216.013.372.630.333.215.013.712.812.115.216.225.323.120.315.512.317.132.834.918.912.213.912.3May16.016.225.723.519.515.712.884.031.934.016.213.312.211.59.516.727.620.824.715.411.1-4.235.436.013.310.211.47.712.06.89.516.016.727.620.824.715.411.150.135.535.430.336.014.111.911.47.712.06.89.515.817.029.922.421.514.49.9-48.234.235.330.738.213.48.611.47.017.111.4GDPYear-on-year c…