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Words: | Submitted: Fri Mar 31 2006
... most popular economy for firms to explore. Shanghai and Beijing, being the heart of China's growth has seen improvements in almost all sectors. The infrastructure in China has enhanced immensely over time promoting its economic development. Statistics show that Shanghai now contributes to 1/8 of China's GDP and almost 1/2 of China's industrial output. As we can see from the chart on the left, FDI in China has started to boom in the 1990s. In the mid 1990s, FDI has already accumulated 7% of the nations GDP. In this coursework, I would asses and evaluate the implications and suitability of Chiang Mai as a FDI destination for investors. A range of different theories will be applied when analyzing Chiang Mai as a potential investment center. The reason in which we chose to analyze Chiang Mai is that it is based in an emerging market. Emerging markets have adopted policies which encourage ...
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