Huang's Response
作者回应Beamish和Delios的评论,承认中国私营部门环境改善,但指出外国直接投资与国内私人投资比率下降,并反思自己夸大了中国国家的意识形态僵化。
Beamish and Delios write an eminently reasonable review. I agree that the environment for private sector has improved. Selling China describes some of these developments (pp. 202-204) and predicts that the overall role of FDI will decline, which is exacdy what happened. The FDI/domestic private investment ratio has fallen. This decline is the other side of the mirror as the rising ratio: suppressing the domestic private sector, everything else being equal, can raise this ratio; supporting it can reduce this ratio. There are no logical or empirical inconsistencies. I believe that I overstated the ideological rigidity of the Chinese state and that I was vague in specifying the ideological constraints. In the 1990s, the ideology was of an industrial policy kind, rather than Communism.