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Over the last twenty years, China has thrice undergone political-economic crises and bureaucratic paralysis. Nevertheless, China's autocratic leadership launched initiatives that expedited globalization and revived economic growth. This book acts as an analytical tool to study China's policies and understand its emergence as a global power.
This book offers a comparative and historical analysis of foreign direct investment (FDI) liberalization in China and India and explains how the return of these countries' diasporas affects such liberalization. It examines diasporic investment from Western FDIs and finds that diasporas, rather than Western nations, have fueled globalization in the two Asian giants.
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