Remade in China: Foreign Investors and Institutional Change in China

by Scott 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 shaping China'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 their institutions.

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 through difficult 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 and business 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 of how foreign and domestic actors, from political leaders to average laborers, have contributed to remaking China's institutions.
  • ISBN10 0195388313
  • ISBN13 9780195388312
  • Publish Date 17 September 2009 (first published 1 January 2009)
  • Publish Status Active
  • Publish Country US
  • Imprint Oxford University Press Inc
  • Format Hardcover
  • Pages 304
  • Language English