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Journal of International Business Studies

, Volume 33, Issue 4, pp 637–655 | Cite as

The Impact of Inward FDI on the Performance of Chinese Manufacturing Firms

  • Peter J. Buckley
  • Jeremy Clegg
  • Chengqi Wang
Article

Abstract

Using detailed cross-section data for 1995, non-Chinese MNEs are found to generate technological and international market access spillover benefits for Chinese firms, while overseas Chinese investors confer only market access benefits. State-owned enterprises reap no benefits, and indeed receive negative spillovers from overseas investors, in marked contrast to the positive spillovers gained by collectively-owned firms. These findings underline the importance of reform in state-owned enterprises to raise the absorptive capacity of the Chinese domestically-owned sector.

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Copyright information

© Academy of International Business 2002

Authors and Affiliations

  • Peter J. Buckley
    • 1
  • Jeremy Clegg
    • 1
  • Chengqi Wang
    • 1
  1. 1.Centre for International Business, University of LeedsU.K.

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