TY - BOOK AU - Tang, Sumei. TI - China's economic miracle: does FDI matter? SN - 9780857936806 U1 - 338.9TAN PY - 2012/// CY - Cheltenham PB - Edward Elgar KW - Economic development--China N1 - Includes bibliographical references (p. 184-193) and indexes N2 - This insightful book analyzes the impact of Foreign Direct Investment (FDI) in China as well as making valuable contributions to the theory of FDI more broadly. The authors provide empirical analysis of key factors including the location-specific determinants of FDI; the impact of FDI on domestic investment, income distribution, consumption and tourism; the relationship between FDI inflows and income inequality; causality between FDI, domestic investment and economic growth; and causality between FDI and tourism. The study concludes that FDI plays a crucial and positive role in the economic development of China. Rather than crowding out domestic investment, FDI is found to stimulate economic growth by complementing it ER -