While the extraordinarily rapid growth of the Chinese economy has often been noted, it is less often realized how much of that growth actually reflects the role of foreign corporations. According to Morgan Stanley's chief economist Stephen Roach, 65 percent of the tripling of Chinese exports -- from $121 billion in 1994 to $365 billion in mid-2003 -- is "traceable to outsourcing by Chinese subsidiaries of multinational corporations and joint ventures."  

Even more impressive:

The famed Chinese gross export sector - 40% of GDP - also has an unexpected characteristic: 90% of it arises from the efforts of foreign owned firms, revealing a striking lack of presence of Chinese enterprises and thus a greater independence of action from central government.

http://bigpicture.typepad.com/comments/2006/12/blog_spotlight_.html