With contributions by scholars in economics, urban planning, political science, and sociology, this volume focuses on the recent surge of foreign and Taiwan investment to mainland China's coastal provinces. The papers include discussions of China's recent economic reforms by Chinese economists at the Shanghai Academy of Social Sciences; an analysis of American direct investment in China by a noted Chinese economic historian; a critical analysis of Hong Kong investment in China; an in-depth discussion of the political factors determining investment in China from Taiwan and Hong Kong; two papers by Chinese and American economists analyzing the factors behind the growth of the Xiamen economic zone; an economic analysis of the complementarities between the Taiwan and Chinese economies; several case studies of Taiwan investment in Jiansu Province; a detailed case study of a large Korean firm's investment in a toy factory near Beijing; analysis of the view of Korean investors in China; an analysis of the structural changes in the Korean and ASEAN economies which are inducing investment in China; and a political analysis of how the new economic links between South Korea and China have changed China's relationship with North Korea.

Scholars will find the book valuable for its analysis and compilation of previously unavailable data, for its multidisciplinary perspective, and for its attention to microanalytic detail. The book should be particularly valuable to business executives who want to avoid the mistakes of early investors and who need to understand why the pattern of direct investment in China has changed dramatically during the 1990s.

© M. E. Sharpe, Inc.