1 Provincial Discretion and National Power: Investment Policy in Guangdong and Shanghai, 1978-1993  Linda Chelan Li Department of Public and Social Administration, City University of Hong Kong Tat Chee Road, Kowloon Tong. salcli@cityu.edu.hk , (852) 2788 9556 Note: This author’s versionpostedheremayhaveafewminor editingdifferences from the published version in The China Quarterly, No.152 (December 1997): 778-804 .