Title:

Does China Switch from its "Invite-in-Go-Out" Strategy Toward a "Block-and-Attack" Strategy"? Implications for Europe

Group publication title:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Title in english:

Czy Chiny porzucą strategię "przyciągania i ekspansji" na rzecz strategii "utrudniania i ataku"? Wnioski dla Europy

Creator:

Heiduk, Guenter ; Szczypa, Agnieszka

Subject and Keywords:

open economy ; policy-oriented outwards ; emerging markets ; China

Description:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 126, s. 339-348

Abstrakt:

Over the last 30 years, China's growth has been considerably based on its opening-up strategy that firstly "invited" foreign investors and secondly fostered trade. The current economic crisis has put pressure and doubts on the future success of this strategy. China's government fears that the politically propagated growth rate of 8% is in danger. Furthermore, the extensive public investment in infrastructure and state-owned companies combined with private investment in real estate has created signs of a bubble economy that could burst in times of declining growth. China's new growth strategy seems to focus firstly on increasing private consumption and secondly on hampering foreign inflows of goods and capital, while at the same time supporting aggressive international market entry strategies of Chinese companies.

Publisher:

Uniwersytet Ekonomiczny we Wrocławiu

Place of publication:

Wrocław

Date:

2010

Resource Type:

artykuł

Language:

eng

Relation:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 126 ; Asia - Europe. Partnership or Rivalry?

Rights:

Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy

Access Rights:

Dla wszystkich zgodnie z licencją

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Coverage:

Dofinansowano z programu "Społeczna odpowiedzialność nauki" Ministra Edukacji i Nauki (SONB/SP/546390/2022). Tytuł projektu: Upowszechnienie zawartości czasopisma Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu