Ausländische Direktinvestitionen und Wissenstransfer nach China

authored by: Ingo Liefner
Abstract: After 30 years of economic reform, the People's Republic of China is a key player of today's world economy. China is among the world's top exporters - especially in the fields of low-tech products like garments. Part of the country's export performance is connected to the inflow of foreign investment. Foreign-invested companies account for more than 50 per cent of China's exports. The inflow of foreign investment, however, does not only stimulate trade. More importantly, foreign investors are also a source of new knowledge. Theoretical concepts as well as empirical investigations show that Chinese firms benefit from contacts with foreign investors, becoming more innovative and productive. Hence, foreign investment has an important role in China's efforts to establish a more knowledge-based economy. One of the results of the Chinese governments policy of economic opening and transformation is a rapid and sustained growth of exports and imports. Public discussion in Germany rarely acknowledges how much the success in Chinese foreign trade has contributed to economic growth, to reducing poverty in China and to politically stabilizing the Asia-Pacific rim. Instead the dominant position of China in certain product segments is heavily debated over here, often accompanied by the demand for new tariffs and other protectionist measures to shield local industries from Chinese competition.
Organisation(s): Institute of Physical Geography and Landscape Ecology
External Organisation(s): Justus Liebig University Giessen
Type: Article
Journal: Geographische Rundschau
Volume: 60
Pages: 4-11
No. of pages: 8
ISSN: 0016-7460
Publication date: 05.2008
Publication status: Published
Peer reviewed: Yes
ASJC Scopus subject areas: Geography, Planning and Development, Water Science and Technology, Energy(all), Atmospheric Science
Sustainable Development Goals: SDG 8 - Decent Work and Economic Growth