By John Wong, Lai Hongyi
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Additional resources for China into the Hu-wen Era: Policy Initiatives And Challenges (Series on Contemporary China)
They suggest that until 2002 FDI inflows in China came primarily from Hong Kong. Fung and his colleagues also address the question on the minds of many researchers as well as policymakers — whether China successfully attracts foreign firms at the expense of other Asian and Latin American economies. Drawing on statistics and existing studies, they find a positive association of FDI to China and FDI to other Asian economies. They attribute this association to the production-networking activities among various Asian economies as well as increased resource demands by a growing China.
It will have to maintain the legitimacy of a ruling party that is plagued by widespread corruption and will confront vested interests that have been firmly entrenched. Local agents of the state know better what is happening locally and are inclined to hide the negative information from their superiors. The leadership will strive to maintain the one-party rule, instead of moving at full throttle toward democracy. One option for reforming the regime is to legitimize factions and turn some of them into political oppositions.
The Faster C o n v e r g e n c e i n t h e Two-Lined Leadership Deng's retention of CMC chair in 1987 became the symbol of arranged political succession in China. He further pushed Mao's formula of "the two-lined leadership". In fact, the arranged succession has unique national characteristics and can be found in all dynasties in the Chinese history. The question is why it was the post of the CMC chair rather than that of the Party general secretary that held the ultimate line of defense. When picking up Zhao Ziyang as replacement of Hu Yaobang in 1986, Deng said that the Party portfolio was more important than premiership.
China into the Hu-wen Era: Policy Initiatives And Challenges (Series on Contemporary China) by John Wong, Lai Hongyi