China is now the world's largest destination of foreign direct investment (FDI), despite assessments highlighting its … institutional deficiencies. But this FDI inflow corresponds closely to predicted FDI flows into China from a model that predicts FDI …-institution countries. The only real discrepancy is that, if government quality is measured by constraints on executive power, China …

Over the past two decades China's growth has been rapid, social indicators have improved, and poverty levels have … concerns provide China with daunting challenges in improving the quality of growth. The rapid growth that will remain China … facing China and suggests policies for achieving rapid, balanced, and sustainable growth. …