As I say before nothing of sort People should not claim credit where credit is not due. The west boycott China for at least 10 years. They only get back because their competitor Japan and Korea invest in China
FDI is not altruism .People invest with expectation of getting high return. So You can stuff your ego stroking hubris.If China is not profitable nobody will invest in China
Anyway china receive 90 billion FDI out of 6 Trillion economy. It is not even 1% So how is it that The west help China ?
beginning of the reform. In late 1970s, the government established four SEZs in the two southeast coastal provinces, Guangdong and Fujian. In Guangdong province, three SEZs are established in Shenzhen, Zhuhai and Shantou. Shenzhen was a small town sharing a border with the then British colony Hong Kong. Zhuhai is next to Macao, another growing economy in the region. Both are populated largely with Cantonese speaking Chinese, who are either descendents of those emigrated from Guangdong province or have themselves migrated from Guangdong. Shantou is another coastal town lies near the border between Guangdong and Fujian. These SEZs are chosen with a clear intention to attract investment from oversea Chinese in not only Hong Kong and Macao, but in other Southeast Asian economies as well. There is also a fourth SEZs, Xiamen, Xianmen in Fujian province. It is a relatively industrialized city, located near Taiwan, only divided by the narrow Taiwan Strait.
Partly a result of the government conscious policy choice, investment from overseas Chinese has been the major source of China’s FDI inflow, especially during the late 1980s and the early 1990s. In particular, Hong Kong has so far been the most important source of China’s FDI inflow (Table 3). Investment from Taiwan4, Singapore, and Macau, the other Chinese economies, has also been very important. Other external factors have also contributed to the increasing cross-border investment activities in these economies, such as domestic currency appreciation. Between1983 and 2000, actual FDI inflow from Hong Kong amounts to more than US$ 170 billion5, accounting for about half of FDI utilization during the period in China (Figure 3). United States, Japan and Taiwan are the second, third and fourth largest investors in China, each invested about US$ 30 billion, 28 billion and 25 billion, respectively. FDI
While economics in Southeast Asia have maintained their role as important sources of China’s FDI, there is a trend that investment from other part of the world, especially from Western Europe and North America have gained strength, especially in the 1990s. Table 3 shows the changes in investment of the major source economies for China’s FDI inflow. Hong Kong is still the most important source for FDI inflow in China. However, the share of Hong Kong investment in total FDI inflow from Hong Kong has decreased from 68% in 1992 to about 48% in 2000. In recent years, even the total amount of FDI has decreased. Similar pattern exists for investment from Taiwan, and to some extent, Singapore, and Malaysia
