state owned enterprises

MNCs in the News-2017-01-20

China moves to lower restrictions on foreign investment in various financial sectors including banking, insurance, and credit ratings. China’s outward direct investment (ODI) hits new high in 2016 with a significant amount going into manufacturing and information technology. China’s State-owned Asset Supervision and Administration Commission says it will release a negative list for two categories of outward foreign investment by state-owned enterprises (SOEs). Toyota Motor and Nissan Motor. Corp. say they will continue to manufacture cars and auto parts in the United Kingdom despite Prime Minister Theresa May’s plans for full Brexit. It’s “light out” for multi-billion dollar Samsung Engineering power and desalination project in Saudi Arabia. Hyundai will invest USD $3.1 billion in the United States (US) over the next five years in response to US President Donald Trump’s threats to renegotiate the North American Free Trade Agreement (NAFTA). Indonesia Finance Minister cites the herd mentality as the basis for her fighting JP Morgan’s downgrade of her country’s investment rating. Malaysian Prime Minister Najib Razak accuses former Prime Minister Dr. Mahatir Mohamad of slander over criticism of Johor project. Vietnam expects Japan to become its top investor. Vietnam’s Party Secretary encourage Chinese firms to bring advanced technology to his country.

Dr. Jean-Marc F. Blanchard's picture

China’s Capital Fright and its (Ir)Relevance for Chinese Outward FDI

Over the past year or so, China’s foreign exchange reserves have been “plummeting,” falling several hundred billion (US) dollars as a result of Chinese investors pouring massive sums of money into foreign assets such as real estate and overseas stock markets and Chinese companies undertaking record levels of outward foreign direct investment (OF

MNCs in the News-2015-07-31

Mercedes-Benz blows out over faulty fuses. China works to boost mixed-ownership of state-owned enterprises (SOEs), giving new investment opportunities to foreign investors. China’s GSR Ventures to raise USD $5 billion to support China’s quest to acquire more technology. Korea Economic Research Institute head encourages the government to take anti-hedge fund measures. Indonesia grants PT Freeport Indonesia export license, deeming they are making progress in developing their local smelter capability. Widodo lobbies China to invest more and help Indonesia become an “Asian production base.” Chinese Consul-General promises hundreds of Chinese SOEs to invest in West Sumatra. Taiwan Investment Commission approves USD $2.78 billion of outbound investment by Taiwan firms. Vietnam pushes its firms to build up their domestic and international brand names.

Dr. Jean-Marc F. Blanchard's picture

Chi-Cham USA! The Potentialities and Limits of PRC Company Business Associations in the US

Chinese companies from the People’s Republic of China in the US have been organizing to promote their interests as shown by the China General Chamber of Commerce-USA (CGCC)’s expansion. The rise of the CGCC mirrors the development of foreign business associations in China such as the American Chambers of Commerce (AmCham China). The CGCC’s mission is to “promote the brand of Chinese companies collectively, protect their legal rights, and advocate for fairer regulation” and to serve a bridging function.