Government is trying to spur investment in northeastern & western China
Intel Corp. announced a $375 million chip testing & packaging facility in Chengdu
Other major investors in Western China include:
Ford Motor Co.
High Tech companies are also establishing operations in western China
Origins of FDI in China (2004) $1.89 Billion Taiwan $2.43 Billion United States $2.95 Billion Japan $3.51 Billion South Korea $3.79 Billion British Virgin Islands $10.84 Billion Hong Kong Amount Country of Origin
The following items are prohibited from entering China:
Arms, ammunition, explosives, counterfeit currencies, printed matter, magnetic media, films or photographs that are deemed detrimental to the political, economic, cultural, or moral interests of China, lethal poisons, illicit drugs, disease-carrying animals and plants, foods, medicines, and other articles, and old/used garments
In addition rules went into effect in 1999 that further restrict or prohibit importation of certain commodities related to the processing trade.