China's opening up has unleashed lucrative opportunities to foreign investors. However, doing business in China is far more difficult than many people have anticipated. Using a new theoretical framework and comprehensive evidence, this book systematically examines China's hard and soft investment environment for FDI. Main problems encountered by investors are also investigated. The book is an essential guide to investors in avoiding common and expensive pitfalls of doing business in China and an invaluable reference for consultants, researchers and students in understanding the Chinese market.