Bureaucrats, businesses, and economic policies in a globalized China -- Chasing foreign capital -- From FDI attraction to domestic competitiveness -- Local policy making, globalized coalitions, and resource allocation -- The micro foundation of state intervention and policy effectiveness -- Varieties of local capitalism in historical perspective -- Making economic policies work
Summary
Beginning in the 2000s, the Chinese state shifted its economic policy away from trying to attract Foreign Direct Investment to strengthening its own domestic firms. Ling Chen examines the implementation of these policies at a local level, analyzing why in some cities the increased government funding and tax cuts successfully fostered domestic innovation and competition, while in others the campaign was unsuccessful