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Since China Adopted Its 'open Door' Policy In 1978, Which Altered Its Development Strategy From Self-sufficiency To Active Participation In The World Market, Its Goal Has Remained Unchanged: To Assist The Readjustment Of China's Economy, To Coordinate Its Modernization Programs, And To Improve Its Quality Of Life. With The 1997 Launch Of The 'going Global' Policy, An Outward Focus Regarding Foreign Investment Was Added, To Circumvent Trade Barriers And Improve The Competitiveness Of Chinese Firms. In Order To Accommodate Inward And Outward Investment, China's Participation In The International Investment Regime Has Underpinned Its Efforts To Join Multilateral Investment-related Legal Instruments And Conclude International Investment Agreements. This Collection, Compiled By Award-winning Scholar Professor Julien Chaisse, Explores The Three Distinct Tracks Of China's Investment Policy And Strategy: Bilateral Agreements Including Those With The Us And The Eu; Regional Agreements Including The Free Trade Area Of The Asia Pacific; And Global Initiatives, Spear-headed By China's Presidency Of The G20 And Its 'belt And Road Initiative'. The Book's Overarching Topic Is Whether These Three Tracks Compete With Each Other, Or Whether They Complement One Another - A Question Of Profound Importance For The Country's Political And Economic Future And World Investment Governance.
This work investigates whether China's multi-layered international investment strategy—comprising bilateral, regional, and global tracks—functions through competitive friction or strategic complementarity. Professor Julien Chaisse, an expert in international economic law, synthesizes the evolution of China's economic policy from the 1978 'Open Door' era to the contemporary 'Going Global' framework. The text evaluates how these diverse diplomatic and legal instruments influence both China's domestic modernization and the broader structure of global investment governance.
What You Will Find
Scope Limits
Experts identify this collection as a rigorous academic resource for understanding the legal architecture of China's foreign economic policy. Readers frequently note the high level of technical detail regarding international investment law and treaty negotiation.
Page Count:
576
Publication Date:
2019-01-01
Publisher:
Oxford University Press
ISBN-10:
019256241X
ISBN-13:
9780192562418
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