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By Henri Michaux
A wild trip to the East narrated by way of a author who's "without equivalent within the literature of our time" –Jorge Luis Borges
Henri Michaux (1899–1984), the good French poet and painter, set out as a tender guy to determine the a ways East. touring from India to the Himalayas, and directly to China and Japan, Michaux voices his bright impressions, slicing evaluations, and curious insights: He has no hassle conversing his brain. half fanciful travelogue and half exploration of tradition, A Barbarian in Asia is gifted the following in its unique translation via Sylvia seashore, the well-known American-born bookseller in Paris.
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The conclusion reached was that in future this phase of Chinese FDI will prove to have been premature and anomalous. Generalizing from this, care needs to be taken in responding to home-government signals with respect to outward investment. In a similar vein, writers in Korea speak of 'immature internationalization' when analysing Korean FDI in the west. Historically, tariff barriers have been a significant factor in overseas investment decisions, but it is also essential to ensure that the company has firmspecific attributes that will sustain profitable production behind the tariff wall - the existence of low-cost labour, which provided an advantage at home, is not transferable abroad.
A Barbarian in Asia by Henri Michaux