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Synopsis Countries have exploited the advantages of a globalized world and thrown open their economies to Foreign Direct Investment (FDI), which is a major driver of economic growth, today. FDI is crucial for the overall development of a country because it augments capital, employment and productivity within a country. This book is a comparative study of two countries, India and China. Although the two countries are a study in contrast, as far as their approach to attracting FDI inflows are concerned, there are some crucial common factors. One is that neither of these markets is saturated and, therefore, both offer enormous growth potential. The other is their advantage in terms of lower costs and skilled manpower. Both China and India have, therefore, been attractive destinations for FDI. But, whereas China's model has been one of super fast track growth in terms of FDI inflows, surpassing all global standards, India has followed a model of gradualism. This has curbed FDI inflows into India as compared to China. This book deals with the experiences of India and China with FDI in various sectors, compares their respective experiences and points out the lessons each could learn from the other. One of the articles also focuses on FDI outflows from both the countries and provides a comparative study. China's capacity to attract phenomenal volumes of FDI has its downsides too, as pointed out here. It has attracted the attention of researchers who conclude that between 25 per cent and 50 per cent of it could be attributed to roundtripping, or, circulation of capital. But are all forms of roundtripping backed by malafide intentions? The book provides a totally contrarian approach and, for the first time, emphasizes that certain forms of roundtripping are actually conducive to economic growth, although it also states the need for transparency and standardisation. The book would be of interest to foreign investment boards, policymakers in the government, economists, the corporate sector, central banks, faculty and students of finance and economics and others.