Economic convergence presupposes that foreign direct investment (FDI) and technology transfer are based on similar economic models of the two economies, accompanied by a trend of high economic growth of the follower that indicates a catching up of the follower with the leader.
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Notes
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Foreign Direct Investment and Manufacturing Productivity in China, 2002, p. 11. Internet publication: URL: http://www.bm.ust.hk/~ced/Yu%20CHEN.pdf [20.05.2005].
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The US-China Business Council, 2003. Foreign Investment in China 2002, p. 2. Internet publication: URL: http://www.uschina.org/statistics/2003foreigninvestment.html [20.05.2005].
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Multinational Companies Adjust Strategies to China, 2004, p. 2. Internet publication: URL: http://www.china-window.com/china_market/china_industry_reports/multinational-companies-a.shtml [23.05.2005].
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Multinational Companies Adjust Strategies to China, 2004, p. 3. Internet publication: URL: http://www.china-window.com/china_market/china_industry_reports/multinational-companies-a.shtml [23.05.2005].
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US Commercial Technology Transfers to the People’s Republic of China, 1999, p. 4. Internet publication: URL: http://www.bxa.doc.gov/DefenseIndustrialBasePrograms/OSIES/DefMarketResearchRpts/techtransfer2prc.html
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Foreign direct investment in China. Good prospects for German companies? China Special, 2004, pp. 1--3. Internet publication: URL: http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000178546.pdf [23.05.2005].
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Foreign direct investment in China. Good prospects for German companies? China Special, 2004, pp. 1--3. Internet publication: URL: http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000178546.pdf [23.05.2005].
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NBS: China’s GDP grows 10.7% in 2006, Nation Bureau of Statistics, January 25, 2007.
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Liao, C. (2009). Foreign Direct Investment, Technology Transfer, and Dual Convergence in the Dual-Structured Chinese Market Economy. In: The Governance Structures of Chinese Firms. Innovation, Technology, and Knowledge Management. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-0036-4_4
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