Lee Sang Hoon. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1996. / Includes bibliographical references (leaves 81-83). / ABSTRACT --- p.iii / TABLE OF CONTENTS --- p.iv / LIST OF FIGURES --- p.vi / LIST OF TABLE --- p.vii / ACKNOWLEDGEMENT --- p.ix / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Preview --- p.1 / Organization of This Report --- p.2 / Objectives of This Study --- p.2 / Chapter II. --- LITERATURE REVIEW --- p.3 / Industrial Reform in China --- p.3 / The Side Effects of the Reforms --- p.6 / Unbalanced Development among Regions --- p.6 / Unbalanced Growth among Industries --- p.8 / High Inflation --- p.8 / Reliance on Foreign Investment --- p.10 / Capital Allocation --- p.10 / Development of Foreign Direct Investment --- p.11 / Role of Foreign Direct Investment in China --- p.11 / Three Stage of FDI Development in China --- p.13 / Type of Foreign Direct Investment --- p.16 / Distribution of FDI by Country --- p.17 / Distribution of FDI by Industry --- p.18 / Summary of Investment by Other Countries --- p.19 / Background of Korean Investment in China --- p.24 / Motivations of Direct Investment by Korean Companies --- p.24 / Chapter III. --- METHODOLOGY --- p.27 / Gathering of Information and Statistical Data --- p.27 / Case Study --- p.28 / Note --- p.28 / Chapter IV. --- KOREAN DIRECT INVESTMENT IN CHINA --- p.29 / General Patterns of Korean Investment in China --- p.30 / Korean Direct Investment before Mid-1992 --- p.30 / Korean Direct Investment after Mid-1992 --- p.37 / Problems that Korean Companies Face --- p.44 / Before Launching Business --- p.44 / During Operations --- p.46 / Case Study --- p.53 / Summary of the Case --- p.54 / Findings from the Case Study --- p.57 / Evaluation of Korean Direct Investment in China --- p.59 / Evaluation of Korean Direct Investment by Industry and Region --- p.59 / Key Factors for success in Doing Business in China --- p.60 / Opportunities and Threats --- p.62 / Threats --- p.63 / Opportunities --- p.64 / Chapter V. --- CONCLUSION --- p.69 / Recommendations --- p.70 / APPENDIX I TAX INCENTIVES FOR FOREIGN-INVESTED ENTERPRISES IN CHINA --- p.74 / APPENDIX II INVESTMENT OPTIONS FOR FOREIGN INVESTORS --- p.77 / APPENDIX III THE STEPS IN THE APPROVAL PROCESS IN CHINA --- p.79 / BIBLIOGRAPHY --- p.81