The Benefits of Chinese FDI
China’s businesses have been encouraged to “go global” and invest abroad to upgrade their technology and management, find new growth opportunities, and move up the value chain. Recipient countries, including the US, have little to fear from Chinese FDI – and much to gain.
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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.