The Benefits of Chinese FDI
This is a very interesting article regarding China FDI. the so-called Chinese FDI has attracted debate in the US. the article is written by Laura Tyson. Laura Tyson is a former chair of the US President’s Council of Economic Advisers, is a professor at the Haas School of Business at the University of California, Berkeley.
BERKELEY – In a rare act of bipartisanship, the United States Congress recently passed legislation to encourage more inward foreign direct investment. Democrats and Republicans agree that FDI, or “insourcing,” is important to US jobs and competitiveness. They are right.
But, even as they propose new measures to court foreign investors, many members of Congress in both parties harbor deep concerns about FDI from China, on both national-security and economic grounds. These concerns are unwarranted, and discriminatory policies to restrict such investment are ill-advised.
for further reading, please open The Benefit of Chinese FDI