The Chinese Inward FDI and Economic Prospects Amid COVID-19 Crisis

Pakistan Journal of Commerce and Social Sciences 2020, Vol. 14(4), 1088-1105

18 Pages Posted: 14 Jan 2021

See all articles by Ahmet Aysan

Ahmet Aysan

Hamad Bin Khalifa University

Farrukh Kayani

Al Qasimia University

Umar Nawaz Kayani

Al Falah University

Date Written: December 31, 2020

Abstract

Novel coronavirus (COVID-19) is not only a public health threat, but it is also a serious economic threat to the whole world. This article is to analyze economic impact of COVID-19 upon Chinese economy. COVID-19 has plunged the world into deepest recession with unprecedented levels of poverty, deprivation, and unemployment. Some political economists are calling the initial mishandling of COVID-19 as a monumental failure of Chinese governance and institutions. However, as the time passes by, the Western economies have not done better than China in constraining the pandemic. The COVID-19 has negatively affected the global foreign direct investment (FDI) flows. This article contributes on the possible policy routes for the global economy and for the Chinese economic prospects.

Keywords: Beijing consensus, relocation of FDI, made in China strategy and economic growth

Suggested Citation

Aysan, Ahmet and Kayani, Farrukh and Kayani, Umar Nawaz, The Chinese Inward FDI and Economic Prospects Amid COVID-19 Crisis (December 31, 2020). Pakistan Journal of Commerce and Social Sciences 2020, Vol. 14(4), 1088-1105, Available at SSRN: https://ssrn.com/abstract=3763888

Ahmet Aysan

Hamad Bin Khalifa University ( email )

P.O. Box: 5825
Education City
Doha
Qatar

Farrukh Kayani (Contact Author)

Al Qasimia University ( email )

Sharjah
United Arab Emirates

Umar Nawaz Kayani

Al Falah University ( email )

United Arab Emirates

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