4 ms·
This quite true although they have case studies to follow from the west and Asia. This statement from the '97 Asian Crisis [0] Unlike investments of many of
by myth_buster 11y ago
This quite true although they have case studies to follow from the west and Asia. This statement from the '97 Asian Crisis [0]
Unlike investments of many of the Southeast Asian nations, almost all
of China's foreign investment took the form of factories on the
ground rather than securities, which insulated the country from rapid
capital flight.
shows the contrast with current realities.
[0] https://en.wikipedia.org/wiki/1997_Asian_financial_crisis#China https://en.wikipedia.org/wiki/1997_Asian_financial_crisis#Ch...