People’s Republic of China’s Round-Tripping: FDI: Scale, Causes and Implications
Xiao, Geng | July 2004
Abstract
There is no doubt that part of People’s Republic of China (PRC)’s FDI inflows belongs to the return of the Chinese capital that has gone aboard escaping the foreign exchange control. The World Bank and other agencies and experts have estimated that the scale of this round tripping could be as high as a quarter of the total FDI inflows into PRC (see World Bank 2002). But the World Bank did not provide clear definition on round tripping FDI and did not explain its estimation method. This paper attempts to fill this gap in the literature by providing an estimation of the overall scale of PRC’s round tripping FDI with detailed description on the methods and assumptions. The paper also clarifies a few conceptual issues related to the different types of round tripping FDI and their measurement problems.
Citation
Xiao, Geng. 2004. People’s Republic of China’s Round-Tripping: FDI: Scale, Causes and Implications. © Asian Development Bank. http://hdl.handle.net/11540/3595. License: CC BY 3.0 IGO.Keywords
Project Evaluation & Review Technique
Operations Evaluation
Evaluation
World Trade
Trade Volume
Trade Promotion
Trade Flows
Trade Development
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