Friday 9 December 2016

State should focus next on winning some Chinese FDI

Published 16/03/2014 | 02:30

THE FAR EAST: The Chinese market is huge, but in reality it has very little relevance for the vast majority of our domestic economy. Photo: Reuters
THE FAR EAST: The Chinese market is huge, but in reality it has very little relevance for the vast majority of our domestic economy. Photo: Reuters
FDI from developing economies

WHAT is the most effective way the State's very limited resources can be used to generate prosperity?

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Among the most obvious answers is to play to existing strengths and make the economy even more globalised than it already is.

But should ministers and diplomats, who this weekend are taking advantage of the door-opening gift that is St Patrick's Day across the world, be most focused on boosting export opportunities for Ireland-based firms or luring foreign firms to invest here?

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