1. China's FDI
... largest telecom services markets. As far as employment is concerned, according to official Chinese statistics, by the end of 2001, China was able to generate employment for additional 9.4 million citizens (Zhou, 2001). Despite the high growth rates of China, it is suffering from huge income inequality across regions. Such inequities can cause social and political unrest and ultimately can cause damage ... for undertaking FDI (Fung, 2003). A low nominal wage, other things being equal, encourages FDI, particularly for firms that engage in labour-intensive production activities. China, of ...
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