China's open door policy and the prospects for FDI

Article Abstract:

The University of Nankai in Tianjin, China held a conference attended by 100 economists from around the world that focused on China's need of foreign direct investments (FDIs), as well as foreign technologies and management. China's much-discussed 'Open Door' policy has not been formalized. China's per capita income of $310 in 1984 indicates that its economy is similar to India's, where per capita income is $260. Economists at the conference stressed that attempts to attract FDI cannot succeed until the political and economic environments in China have improved. Improvements needed include: a simpler legal system, a stronger industrial sector, a better banking system, the enaction of a national long-term development plan, an identification of the type(s) of foreign investment desirable, and the formulation of a policy toward foreign multinational firms interested in China.

China, Conferences, meetings and seminars, Economic aspects, Pan-Pacific relations, Nankai University

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Foreign direct investment in the European Community: a brief overview

Article Abstract:

An analysis of investment trends in the European Community (EC) reveals that the US made significant investments in the EC in the 1970s. Currently, the coming of the single European market in 1992 has accelerated both US and Japanese direct investment in the EC. Statistics indicate that companies from Japan and the US made yearly investments of over $15 billion between 1984 and 1987, compared to $3 billion in 1981-1983. It is predicted that investment in the EC will increase and will be a boon to those areas which will be positively affected by the removal of barriers and that international business enterprises will become increasingly important to EC economies.

United States, Analysis, European Union, Single European market, European Community

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Japanese investment in UK industry: trojan horse or new catalyst for growth

Article Abstract:

Japan has been increasing its acquisitions of and joint ventures with British manufacturers since 1974. The major effects of this Japanese investment, which shows no sign of decreasing, include increased capital investment in the U.K., increase productivity and the raising of performance standards. Caution should be exercised in establishing such links with Japan so that the U.K. does not become a mere offshore assembly operation for Japan.

United Kingdom, International aspects, Foreign corporations, Corporations, Commerce, Great Britain, Corporations, Japanese

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