By John Henley, Colin Kirkpatrick, Georgina Wilde John Henley is Professor of International Management at the Department of Business Studies, University of Edinburgh; Colin Kirkpatrick is Professor of Development Economics at the Institute for Development Policy and Management, University of Manchester; Georgina Wilde was previously Regional Director, Asia-Pacific with the Economist Intelligence Unit, London, and is now an independent consultant. The paper has been developed from presentations made at a Seminar on Investment and Development in Central and Western China, Wuhan, Hubei Province, PR China, November 1997, and was also presented at the Development Studies Association Trade and Industry Study Group meeting, March 1998. The comments of participants at both meetings, and of two anonymous referees, are gratefully acknowledged.
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