Abstract:China has achieved a lot in attracting FDI since 1990s. But there are great deals of issues relating to FDI in China. There is a large quantity in FDI but poor in quality in terms of the level of degree of the industries that FDI clustered in; there are also problems of the disequilibrium of the distribution of the FDI across China, and FDI also offset the effects of the industry adjustment policy of china. In order to facilitate further understanding of these issues, this paper intends to summarize the current international literature on FDI, covering the determinant factors of FDI, and geographical distribution. Firstly, the determinants of FDI have extended to non-traditional factors, so, the economic scale of the nation, the mode of the economy, the previous accumulation of FDI and even the corruption situation in the hosting country could strongly effects the decision making process of FDI. Secondly, it is the location selection of FDI. The results show that FDI may incur regional disparity in the hosting country, rather than expecting to unite the regions. The East Asia case is one of the successful examples for study. Japanese enterprises' location selection can be explained as internalization, knowledge based, OLI combination and cluster effects. The EU FDI flow among the old and new member states is the mimic of what happened among the developing the developed countries in the world. And the social expenditure level also affects the location selection of the Multinational enterprises. Along with the globalization of Multinationals, decentralization would be one of the important phenomenons. Thirdly, of the FDI effects, there are already positive and negative effects in the traditional theory. The current focus concentrates on the space dependency, policy package effects, the financial restrictions, the intra-industry trade effects to Sino-US trade and FDI, and the attraction.
党军, 吕寒. 国际直接投资国外研究动态[J]. 人文地理, 2011, 26(1): 29-33.
DANG Jun, LV Han. A SURVEY OF THE INTERNATIONAL LITERATURES ON FDI. HUMAN GEOGRAPHY, 2011, 26(1): 29-33.