Manufacturing sector FDI and performance of domestic banks
Sun, Sizhong, and Li, Siqiwen (2013) Manufacturing sector FDI and performance of domestic banks. In: Wu, Yanrui, (ed.) Regional Development and Economic Growth in China. Series on Economic Development and Growth, 7 . World Scientific Publishing, Singapore, pp. 141-160.
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Abstract
[Extract] Since the market reform in the late 1970s, China's economy has been growing quickly, to which the manufacturing sector has made significant contribution. One characteristic of development in China's manufacturing sector is the importance of foreign direct investment (FDI). FDI in the manufacturing sector has been found to affect domestic firms' productivity (see, for example, Buckley et al., 2002, 2007a, 2007b; Li et al., 2001; Liu, 2002, 2008; Sun, 2011; Xu and Sheng, 2012a, 2012b) and exports (see for example Sun, 2009, 2010; Swenson, 2008) in China. In the same period, China's banking sector, a major funding source for firm production and exporting activities, has also experienced significant development. For example, from 2005 to 2010, the four major commercial banks in China have all been listed in the stock market.
Item ID: | 27385 |
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Item Type: | Book Chapter (Research - B1) |
ISBN: | 978-981-4439-85-5 |
ISSN: | 1793-3668 |
Keywords: | FDI, China Banking Sector |
Date Deposited: | 22 Jul 2013 22:50 |
FoR Codes: | 14 ECONOMICS > 1402 Applied Economics > 140207 Financial Economics @ 70% 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment > 150299 Banking, Finance and Investment not elsewhere classified @ 30% |
SEO Codes: | 91 ECONOMIC FRAMEWORK > 9103 International Trade > 910301 International Agreements on Trade @ 50% 90 COMMERCIAL SERVICES AND TOURISM > 9001 Financial Services > 900101 Finance Services @ 50% |
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