Hinrich Foundation launches new book
Published 27 September 2016
The Hinrich Foundation launched its new book “Developing China: The Remarkable Impact of Foreign Direct Investment” by Michael J. Enright on Tuesday, September 27th at the Center for Strategic and International Studies (CSIS) in Washington, D.C.
“Developing China: The Remarkable Impact of Foreign Direct Investment” offers a balanced and rigorous view of the full impact of FDI – using China as an example to illuminate the mutually beneficial partnership between investing companies and host economies – and more importantly, serves as an effective toolkit for policymakers and corporations to approach FDI globally.
Scott Miller, Senior Adviser and Scholl Chair in International Business at CSIS, opened the event by welcoming Merle A. Hinrich, the founder of the Hinrich Foundation, to introduce the book. Hinrich emphasized his hope that the book will encourage investors and host countries to create mutually beneficial partnerships for leveraging the impact of FDI.
“It is the Hinrich Foundation’s hope that other countries and other corporations will be able to maximize the benefits of foreign direct investment to further alleviate poverty, create stronger global economic partnerships and to enhance sustainable global trade,” Hinrich said.
Professor Michael J. Enright then presented the results of his groundbreaking research to a room filled with interested parties across government, business and academia. Using a unique economic impact analysis, Enright quantifies – for the first time – the remarkable impact of foreign direct by foreign invested enterprises (FIEs) on China’s economic development.
Following Enright’s presentation, an expert panel was assembled to discuss the book and address pivotal issues facing foreign investment in China today. The panel included:
- Scott Miller, Senior Adviser and Scholl Chair in International Business, CSIS
- Scott Kennedy- Deputy Director, Freeman Chair in China Studies and Director, Project on Chinese Business and Political Economy, CSIS
- Erin Ennis, Senior Vice President, The U.S.-China Business Council
- Michael Enright, Sun Hung Kai Professor of Business, University of Hong Kong
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