The book's innovative and original perspectives over the hot economic issues in the contemporary world economy makes it an ideal pedagogical handbook for researchers working on related topics.

Part 1: Stylised Facts and Literature Review 1. Stylized Facts of FDI Inflow to China and Its Spillovers 2. A Review on Foreign Direct Investment and Productivity Spillovers Part 2: Econometric Analyses for Quantifying the Spillover Effects 3. The Interplay between Foreign and Domestic Enterprises: Firm-Level Analysis 4. What Do the Aggregate Data Tell Us? Industry-Level Analysis Part 3: A General Equilibrium Framework for Quantifying the Spillover Effects 5. Computable General Equilibrium Modelling 6. Data Compilations 7. A Benchmark CGE Model for the Chinese Economy and its Extensions 8. Magnitude and Pattern of Productivity Spillovers Part 4: Significant Impact of FDI Productivity Spillovers? 9. Swapping Market Access for Productivity Spillovers? An Assessment of 2008 Corporate 10. Why the Chinese Banking System Survived the Global Financial Crisis? The Role of WTO Accession and FDI Efficiency Spillovers 11. East Asian Insutry Transfer, FDI Productivity Spillovers and U.S.-China Trade Imbalance 12. Concluding Remarks

Dr Ziliang Deng is Assistant Professor at the School of Business, Renmin University of China. He possesses BA and MA degrees from Renmin University of China, Postgraduate Research Certificate from Nanyang Technological University (Singapore), and PhD degree from the University of Nottingham (UK). Dr Deng has taken various consultancy activities for the Ministry of Commerce (China), and has teaching experiences at Nanyang Technological University, the University of Nottingham, the University of Manchester, and Keele University (UK). This research conducted for this monograph is sponsored by UK-China Scholarships for Excellence, jointly funded by the Ministry of Education (China) and the Department for Business, Innovation and Skills (UK).