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MNCs in the News

October 15th, 2018
China State Administration of Foreign Exchange (SAFE) reports that foreign direct investment (FDI) inflows grew over the first six months of 2018 versus the comparable period last year, though the growth rate was muted. Analysts believe the infiltration of Super Micro Computer server boards will lead to tighter management of supply chains and shifts in their operations and locations. Chinese merger and acquisition (M&A) activity from January to June 2018 shows large percentage drop versus the same period in 2017....
October 9th, 2018
Regulations promulgated pursuant to China’s 2017 cybersecurity law will give Chinese police expansive authority to examine corporate information systems. China’s Ministry of Commerce (MOFCOM) and other bodies reported that Chinese outward foreign direct investment (FDI) flows experienced a drop in 2017 for the first time since 2002. Apple and Amazon vehemently reject Bloomberg story that their servers were penetrated by hardware corrupted by Chinese intelligence operatives. Plans for Japan’s SoftBank to build the...

Wong MNC Center News

September 30th, 2018
On September 21, 2018, the Mr. & Mr. S.H. Wong Center for the Study of Multinational Corporation (Wong MNC Center) and the University of Nottingham, Ningbo jointly held a workshop on China’s Maritime Silk Road Initiative (MSRSI), Africa, and the Middle East. The workshop reviewed the progress of the MSRSI, examined the role of Djibouti in the MSRI (David Styan), contemplated relations between the members of the Gulf Cooperation Council and China within the context...
July 11th, 2018
The Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) is co-organizing and co-sponsoring the “Coping with Global Backlash” Conference at the University of California Berkeley (UC Berkeley) in October 2018. The two-day event, which runs from October 18 to 19, is hosted by the UC Berkeley Asia Pacific Economic Cooperation Study Center (BASC), Center for Long Term Cybersecurity, Clausen Center, and IEAS, which also are event co-...
June 25th, 2018
Dr. Jean-Marc F. Blanchard, the Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center), gave a keynote speech on June 10 at the 20th China Venture Capital & Private Equity Forum in Shenzhen, China at a panel that considered how to enhance business, scientific and technical, and other forms of cooperation in the Guangdong-Macao-Hong Kong (China) Greater Bay Area (粤港澳大湾区). During his presentation...
May 26th, 2018
On April 18, 2018, Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations gave a speech at a United Nation's Industrial and Development Organization (UNIDO) conference (in Shanghai, China) entitled "Fostering Inclusive and Sustainable Industrial Development (ISID) in the New Silk Road Economic Belt: Leveraging potentials of Industrial Parks, Zones, and Cities." The title of Dr. Blanchard's...
January 16th, 2018
On January 13, 2018, Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) gave a keynote speech at the 2nd Silicon Valley-Beijing Internet of Things Summit & Investment and Financing Competition on a panel entitled “Design for Manufacturing.” The title of Dr. Blanchard’s speech was “The Political Environment Surrounding Chinese Expansion in Silicon Valley.” In his...
December 27th, 2017
Dr. Louis Brennan, FTCD, has joined the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations as a Senior Research Fellow. Dr. Brennan is a Fellow of Trinity College Dublin and Professor with the Trinity Business School (Ireland), and an authority on Chinese Investment in Europe. For more information, please see http://www.mnccenter.org/research-fellows.
August 1st, 2017
Mr. Jason Lo, Senior Director of Strategy, Honeywell (China) Co., Ltd., has joined the Advisory Board of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations. He heads Honeywell’s China strategy, covering the company’s diversified portfolio. In 2016, he was honored with Honeywell’s Premier Achievement Award, one of eight recipients in the entire company. He has held a number of regional leadership roles since joining Honeywell in 2005. He...
September 28th, 2015
The Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations Jean-Marc F. Blanchard has become the editor of the Palgrave Studies in Asia-Pacific Political Economy series. The series aims to publish works, which will be meaningful to academics, businesspeople, and policymakers and broaden or deepen their knowledge about contemporary events or significant trends, or enable them to think in new ways about the interaction of...

Wong MNC Center Publications & Sponsored Publications

“Myanmar’s Role in China’s Maritime Silk Road Initiative”

J. Mohan Malik

This article argues that the origins and theoretical underpinnings of Xi Jinping’s Belt and Road Initiative can actually be traced back to the mid-1980s, that is, almost three decades before the official media unveiled the Maritime Silk Road Initiative (MSRI). It examines the changing role of Myanmar in China’s grand strategy in general and in MSRI in particular by undertaking an investigation of trade and investment relations. This analysis of the geo-economic and geo-strategic implications of MSRI is undertaken in order to offer a prognosis of benefits and costs for Myanmar.

“Regional Responses to China’s Maritime Silk Road Initiative in Southeast Asia”

Shaofeng Chen

Southeast Asia has sat atop China’s Maritime Silk Road Initiative (MSRI). By and large, most Southeast Asian countries hailed China’s MSRI, but their responses to it have some variances. The article aims to analyze why they have differing responses. It contends that the primary determinant is changing domestic politics, specifically, ruling elites’ policy priority, degree of trust of China, leaders’ ideology and preference, and social response.

Publications of Wong MNC Center Staff, Advisory Board, and Research Fellows

"A retrospective and agenda for future research on Chinese outward foreign direct investment."

Peter J. Buckley, Jeremy Clegg, Hinrich Voss, Adam R. Cross, Xin Liu, and Ping Zheng

The authors’ original 2007 Journal of International Business Studies article, “The Determinants of Chinese Outward Foreign Direct Investment,” was the first theoretically based empirical analysis of the phenomenon. It utilized internalization theory to explain the internationalization of Chinese state-owned enterprises. This paper showed that the authors’ had failed to ask sufficiently challenging questions about the effects of home country institutions on outward foreign direct investment (OFDI).

China's red-tape problem may be tougher than Xi

Jean-Marc F. Blanchard

This piece tackles the important issue of whether or not China's planned major reform of its government structure will have positive implications for foreign businesses. It argues that there are logical, factual, and historical reasons to be cautious such as the fact that fewer government ministries do not necessarily mean there will be agencies that are friendlier to foreign companies.

Data Snapshots, Rankings, and Indexes

Click to enlarge displayed image

Japanese FDI Flows to Southeast Asian Countries Not Reaching Old Highs
China-Japan FDI flows seem little correlated with other economic flows
U.S. FDI in China continues to Increase in the Aggregate and in Most Sectors

Upcoming Events

Oct to Nov
31
Asia Clean Energy Summit (Singapore)

The Asia Clean Energy Summit (ACES) is the region’s leading event focusing on clean energy technology, policy, and finance. The event, which receives support from leading...

Nov
9
The 2018 Annual (Cornell) Emerging Markets Institute Conference (New York, New York)

Under the theme Emerging Markets Reshaping Globalization, this year’s conference will explore the challenges impacting globalization and how emerging markets appear as the new...

Nov
15
Infrastructure Investor Hong Kong Summit (Hong Kong)

Infrastructure Investor’s 6th annual Hong Kong Summit will connect global infrastructure initiatives with Asian capital to fill an estimated USD $1.7 trillion...

Nov
22
Mining Investment London (London)

Mining Investment London is an event organized for the leaders of the mining, quarrying, and construction materials industries, bringing together ministers, mining firms,...