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MNCs in the News

April 5th, 2020
Shanghai touts the signing of USD $16 billion in foreign direct investment (FDI) deals as well as a new investment platform. China’s Ministry of Commerce (MOFCOM) will move to open the oil and gas industry chain in East China’s Zhejiang Pilot Free Trade Zone (FTZ) to, among other things, bring in strategic FDI. Senior managers at the Gwadar Port in Pakistan state the coronavirus has not had a serious negative effect on the port’s operations. Hungarian government moves to classify details of loan to finance Budapest-...
March 29th, 2020
The China Council for the Promotion of International Trade (CCPIT) has issued more than 6400 force majeure certificates to help suppliers deal with their inability to meet their contractual obligations. Per China’s Ministry of Commerce, Chinese outward foreign direct investment (FDI) for the first two months of 2020 totaled USD $15.5 billion, a 1.8 percent year-over-year (YOY) increase. China’s MOFCOM reports that Chinese companies put $2.72 billion into 48 countries along the Belt and Road, an 18.3 percent jump YOY...

Wong MNC Center News

March 26th, 2020
Dr. Shaun Breslin has joined the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations as a Senior Research Fellow. Dr. Breslin is Professor of Political and International Studies at Warwick University (UK), Fellow of the Academy of Social Sciences, and Co-Editor of the top ranked Pacific Review. He is a well-known specialist on China and political economy. For more information, please see http://www.mnccenter.org/research-fellows.
March 26th, 2020
Dr. Pichamon Yeophantong has joined the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations as a Senior Research Fellow. Dr. Yeophantong is an Australian Research Council Fellow, Senior Lecturer at the University of New South Wales Canberra, and leads a project examining the impacts of Chinese resource and infrastructure investment. For more information, please see http://www.mnccenter.org/research-fellows.
February 11th, 2020
Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, was interviewed for a Frankfurter Allgemeine, Germany’s equivalent of the Wall Street Journal, article published in the wake of the conclusion of the Phase I Trade deal between China and the United States (US) in mid-Januaruy. This wide-ranging piece asked why the deal was struck, which side won, and what is the likely direction of the...
October 27th, 2019
Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, participated in a EU-China Roundtable on “The Business of Trade, Investment, and Global Politics” organized by the University of Pittsburgh Asian Studies and European Studies Centers. At the Roundtable in Pittsburgh, held on October 24, Dr. Blanchard spoke about some of the challenges and opportunities for European businesses contemplating...
October 27th, 2019
Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, presented a paper on China-India Relations in the Context of China’s Belt and Road Initiative (BRI) at a seminar on “The Future of Sino-Indian Relations: Problems and Prospects” held at Heidelberg University, Germany in mid-October 2019. Dr. Blanchard analyzed China’s economic, political, and military reaction to India’s multifaceted and...
September 29th, 2019
Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, was interviewed for a Asia Times story about the impact of Hong Kong protests on Chinese overseas foreign direct investment (FDI). The issue arises because a large proportion of Chinese outward FDI (OFDI), almost 60 percent, flows through Hong Kong. Chinese OFDI (COFDI) is already facing pressures because of increased sensitivites in host...
July 3rd, 2019
On June 24, Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, participated on a Panel entitled “Exploring the Benefits and Challenges of Cross-Border Collaboration on Innovation” at the Bay Area Council orchestrated “2019 California Technology Business Matchmaking” forum in Shanghai, China, which included entrepreneurs, investors, consultants, government officials, and industry association...
June 1st, 2019
On May 29, Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations gave a speech entitled “Belt and Road, Neither Boom nor Bust: The Continuing Relevance of Politics and Economics” for the popular “China Crossroads” Talk Series. Dr. Blanchard addressed the heated debate about if China’s Belt and Road Initiative (BRI) is booming, on the road to stagnation, or, worse, failure and sought avoid the...
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

China’s Maritime Silk Road and Small States: Lessons from the Case of Djibouti

David Styan

This article sheds light on the factors shaping China’s Maritime Silk Road Initiative (MSRI) in small states through a study of Djibouti and the MSRI. It also analyses the establishment of China’s first overseas military base and thus evaluates the military-security implications of Chinese MSRI ports.

Domestic Politics as Fuel for China’s Maritime Silk Road Initiative: The Case of the Gulf Monarchies

Jonathan Fulton

China’s involvement with the Gulf monarchies has been built upon an economic foundation. With the Belt and Road Initiative (BRI) and the Maritime Silk Road Initiative (MSRI) this has expanded, as the Gulf monarchies see cooperation with China through MSRI projects as a means of advancing economic development programs necessary to move beyond single-resource rentier economies and relationships with external powers as a means of ensuring their security in an unstable region.

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

The Growth Impact of Chinese Direct Investment on Host Developing Countries

Xiaolan Fu, Peter J. Buckley, and Xiaoqing Maggie Fu

The growth impact of Chinese outward foreign direct investment (FDI) on host countries and how it differs from Western outward FDI (OFDI) are focus of this article. Using a cross-country dataset for 52 countries and comparing United States (US) and Chinese OFDI (COFDI), the article contemplates the unique features of COFDI—e.g., weak ownership advantages and strong state support—and their impact on host country growth through various transmission channels.

China’s intellectual property rights provocation: A political economy view

Shaomin Li and Ilan Alon

Regarding the wellspring of intellectual property rights (IPR) violations in China, there are two competing perspectives, natural evolution and the rule of law. Both perspectives fail to take into account the impact that China’s party-state has on IPR protection. Adopting a political economy perspective, this article emphasizes the Chinese Communist Party (CCP)’s desire to preserve its monopoly of power and contends China has benefited from a rule through law mechanism, which creates unfair advantages for its companies, which are often government controlled.

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

Apr
23
2nd e-Mobility Asia (Bangkok)

The 2nd e-Mobility Asia will explore a wide range of relevant topics related to the adoption of electric vehicles (EV) in Asia. Focusing on the theme of “Boosting Electric...

May
12
Asian Investment Conference (Singapore)

The Asian Investment Conference aims to help investors and business decisionmakers to make sense of current global geopolitical, technological, and economic developments with a...

May
14
Risk ASEAN (Bangkok)

Risk ASEAN provides a platform for regulators and senior risk and investment professionals from regional and global financial institutions to understand managing risks across...

Jun
2
Risk Japan (Tokyo)

The 13th Annual Risk Japan Conference offers a platform to ponder the impact of regulatory reforms on investment, discuss investment strategies, and analyze...