The World Bank has completed a study of Chinese outward foreign direct investment, surveying Chinese 132 firms on their investment plans and opinions on issues relating to foreign investment at home and abroad.
A power point presentation of the study is here.
Among the questions asked was whether firms found it easier or more difficult to do business in various foreign locations. Not surprisingly, most respondents found business conditions easier in the West and all respondents found the North Korea the most difficult environment for business.
AsiaPundit does not find it surprising that Chinese businesses find the Middle East the second-worst location for investment. While China hands may find this hard to believe, as a former resident of the region who now lives in China, AP will attest that Arab bureaucracies are even more unbearable than what is found in heavily bureaucratized China.
(via the PSD Blog)
Technorati Tags: asia, china, east asia, korea, middle east, north korea, northeast asia
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Mao: The Unknown Story - by Jung Chang and Jon Halliday:
A controversial and damning biography of the Helmsman.
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