Foreign Direct Investment and Labour Relations
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Foreign direct investment (FDI) is one of the most important elements of globalisation. It has been increasing dramatically in China since 1979, when economic reform and the open door policy were implemented (Chapter 2), and it has been the single most important reason for rapid economic growth in the past two decades. By 1998, China had absorbed total foreign direct investment of US$234 billion, involving some 302,326 separate projects (SSB 1998). China is second only to the United States in terms of receiving FDI. Among the foreign-owned enterprises (FOEs) in China, the majority are in manufacturing industry, though the real estate sector is also significant. Other sectors share only a small proportion of total investment (SSB 1998).
KeywordsForeign Direct Investment Foreign Investment Trade Union Human Resource Management Collective Bargaining
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