The Poor Becomes Even Poorer, And TheRich Becomes Even Richer-The Mat-thew Effect In Foreign Investmenthe nature of the capital is keen on the rich but cold-shoul-der the poor. If you are rich, dollars, pounds or RMBs...The Poor Becomes Even Poorer, And TheRich Becomes Even Richer-The Mat-thew Effect In Foreign Investmenthe nature of the capital is keen on the rich but cold-shoul-der the poor. If you are rich, dollars, pounds or RMBs wouldgreet you with a genial smile. If you are poor, you will beignored. Maybe, you will be provided with some "grants", to showtheir generosity and mercy. Nevertheless, with regard to invest-ment, not a chance.Therefore, foreign investment in China takes the followingshape:by regions, the realized foreign investment in the 18 prov-inces and autonomous regions of the Mid-West accounts for lessthan 10% of the national total even though the area is in greatneed of funds; by industrial sectors, agriculture has only a tinyshare of less than 2% of total foreign investment in China eventhough it cniovs first Prioritv in economic development and de-mands immediate strengthening; likewise, foreign investment展开更多
Money Scatters Everywhere in China It is said that the saving ratio of China is close to 40%.Authoritative persons thus analyze in this way: theoretically, 40% saving ratio of a country is enough tosustain its economi...Money Scatters Everywhere in China It is said that the saving ratio of China is close to 40%.Authoritative persons thus analyze in this way: theoretically, 40% saving ratio of a country is enough tosustain its economic growth at the rate over 10% even at thetime of its economic take-off; practically, "Four Tigers" inAsia achieved high economic growth in 1960s and 1970s withtheir saving ratio only about 30%. Conclusion: with the 40% saving ratio, or domesticfunds, China can fully sustain the growth rate of 8-9 % thisyear. The question remains: why do we want to introduceforeign funds? Why do we allow foreigners to come and maketens percent of profit while we can only get bits of展开更多
文摘The Poor Becomes Even Poorer, And TheRich Becomes Even Richer-The Mat-thew Effect In Foreign Investmenthe nature of the capital is keen on the rich but cold-shoul-der the poor. If you are rich, dollars, pounds or RMBs wouldgreet you with a genial smile. If you are poor, you will beignored. Maybe, you will be provided with some "grants", to showtheir generosity and mercy. Nevertheless, with regard to invest-ment, not a chance.Therefore, foreign investment in China takes the followingshape:by regions, the realized foreign investment in the 18 prov-inces and autonomous regions of the Mid-West accounts for lessthan 10% of the national total even though the area is in greatneed of funds; by industrial sectors, agriculture has only a tinyshare of less than 2% of total foreign investment in China eventhough it cniovs first Prioritv in economic development and de-mands immediate strengthening; likewise, foreign investment
文摘Money Scatters Everywhere in China It is said that the saving ratio of China is close to 40%.Authoritative persons thus analyze in this way: theoretically, 40% saving ratio of a country is enough tosustain its economic growth at the rate over 10% even at thetime of its economic take-off; practically, "Four Tigers" inAsia achieved high economic growth in 1960s and 1970s withtheir saving ratio only about 30%. Conclusion: with the 40% saving ratio, or domesticfunds, China can fully sustain the growth rate of 8-9 % thisyear. The question remains: why do we want to introduceforeign funds? Why do we allow foreigners to come and maketens percent of profit while we can only get bits of
