China’s International Investment Strategy: Bilateral, Regional, and Global Law and Policy

In 40 years, the People’s Republic of China has transformed from an impoverished and isolated state into the world’s second largest economy. At the centre of this economic ‘miracle’ is China’s distinct position as the world’s second largest source of, and destination for, foreign direct investment. China’s International Investment Strategy: Bilateral, Regional, and Global Law and Policy, edited by Julien Chaisse, is an important legal treatise for understanding the trajectory of China’s investment-based economic transformation. As the title suggests, the theme of this book is that China’s foreign direct investment growth has occurred neither by accident nor by chance, but through an intentional three-pronged government-driven blueprint.1 The editor and contributing authors also share the view that Beijing’s emerging investment policy aims to achieve consensus based on Chinese characteristics and economic interests. China’s International Investment Strategy: Bilateral, Regional, and Global Law and Policy is a collection of 27 chapters...