Nexen

Dr. Jean-Marc F. Blanchard's picture

Promise the Sky and You Risk Being Blown Away: Unwise Chinese Firm Investment Promises

It has become de rigeur for Chinese companies investing overseas to make all kinds of promises to defuse host community anxieties, to smooth the deal approval process, and to win government investment incentives. For instance, in 2010, when Chinese bus maker BYD Motors, Inc.

MNCs in the News-2015-05-01

China slaps Beijing Simplot Food Processing Co. Ltd. with record fine for water pollution. Qualcomm finds new ways to bolster its position in China. Chinese companies expand the range of investment projects they consider in Brazil despite the latter’s political and economic challenges. Chinese energy companies face multiple political complexities when they invest in Canadian oil sands assets. Chinese companies engage in capacity building due to local supplier problems and negative impact on government relations. Tokyo Electron-Applied Materials Merger fails. Korean firms face troubles relating to China’s new stance towards Variable Interest Entities. Korea’s Foodpolis draws Chinese food firm investments for political and economic reasons. Indonesian moves to leverage its market raise foreign government concerns in regards to Indonesia’s World Trade Organization compliance. Indonesia’s investment board pursues diverse measures to attract “green investment.” Realized foreign direct investment in Vietnam continues to grow.