Remade in China: Foreign Investors and Institutional Change in China

Hardcover | September 25, 2009

byScott Wilson

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Since opening to foreign investment in 1979, China has emerged as the leading investment site for multinational corporations. Remade in China looks beyond the macroeconomic effects of China's investment boom to analyze how foreign investors from the US, Japan, and other nations are shapingChina's legal, labor, and business reforms. Wilson draws on interviews with nearly 100 foreign and local managers, attorneys, workers, and members of the business community to explain why Chinese laborers and firms have gravitated toward foreign models, especially US businesses and theirinstitutions. Wilson uses the term "state-guided globalization" to describe how China has used foreign engagement to advance its domestic reform objectives and to enhance its role in international society. Rather than undermining state power, globalization actually has allowed China's state to push throughdifficult labor and legal reforms. Wilson concludes that Chinese policy makers drew lessons from foreign investors and foreign legal experts on how to introduce difficult labor market reforms in its state-owned enterprises and how to promote rule of law. Remade in China examines globalization and foreign investment in a different light, showing how these developments have helped to chart China's entry into international society. China's WTO accession agreement and international norms have established parameters by which to judge Chinese legal andbusiness reforms. Although China's rise is a grave concern to the world, Remade in China asserts that Chinese leaders now see compliance with international rules as a means to secure more investment and to enhance their international legitimacy. Wilson provides a lucid and insightful analysis ofhow foreign and domestic actors, from political leaders to average laborers, have contributed to remaking China's institutions.

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Since opening to foreign investment in 1979, China has emerged as the leading investment site for multinational corporations. Remade in China looks beyond the macroeconomic effects of China's investment boom to analyze how foreign investors from the US, Japan, and other nations are shapingChina's legal, labor, and business reforms. Wi...

Scott Wilson is Professor and Chair of Political Science at Sewanee University. Beginning in 1985, he lived in China for five years, researching Chinese political economy. Currently, he is focusing on NGOs such as legal aid centers, AIDS groups, and environmental protection organizations, which promote legal development in China.

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Format:HardcoverDimensions:304 pages, 9.25 × 6.13 × 0.98 inPublished:September 25, 2009Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0195388313

ISBN - 13:9780195388312

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Table of Contents

List of TablesList of FiguresList of AbbreviationsPrefaceIntroduction: China and Globalization1. Globalization and Path Dependent Institutional ChangeSection I: Macro-level Dynamics and Institutional Change2. China and Globalization: A Deepening Relationship3. The Rise and Wholly Foreign Owned Enterprises4. Law Guanxi: Chinese Law Goes International and Foreign Investors Go Local5. The Diffusion of Pay-for-Performance Institutions6. Dismissal and Labor Turnover7. "Re-Made in China": Foreign Investors and Chinese Actors Negotiate Institutional ChangeAppendix 1: Data Collection and List of IntervieweesBibliographyIndex