Home

Hot Topics for MNCs, Cool Analysis

March 26th, 2023
China’s 20th Party Congress in October 2022 and its March 2023 “Two Sessions” revealed the new top leadership of the Chinese Communist Party (CCP), confirmed China’s top government officials, shed light on the CCP’s current agenda, concerns, and dogmas, promulgated new policies, and presented the government’s work program.
December 29th, 2022
The United States (US) Public Companies Accounting Oversight Board (PCAOB), part of the Securities and Exchange Commission, has a variety of duties, one of which is to “inspect registered public accounting firms’ audits and quality control systems.” It had been unable to do this, however, in the case of many US-listed Chinese companies because Beijing would not permit any accounting firms to share Chinese audits.

Wong MNC Center News

June 8th, 2023
In early April, C. Lawrence Greenwood, a long-time member of the Advisory Board for the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (“Wong MNC Center”), became a member of the Board of Directors. Larry is Senior Adviser at BowerGroupAsia and also Japan Society of Northern California (JSNC) Board Chairman. From 2016-2019, he was JSNC President. Previously, he was Senior Managing Director for Government Relations in Asia for MetLife....
April 1st, 2023
Mr. Ker Gibbs has joined the Advisory Board of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations. He is Executive in Residence, University of San Francisco (California, USA). He was most recently the President of the American Chamber of Commerce in Shanghai (AmCham Shanghai). Before his appointment as AmCham Shanghai President, he served on its Board of Governors for four years. Currently, he also is an Economic and Technology...
December 29th, 2022
In mid-December 2022 in the San Francisco Bay Area, the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) hosted a 1-1/2 day workshop entitled Chinese Overseas Ports in Southeast and South Asia: Profiling Problems and Progress. This gathering, also orchestrated and funded by the Wong MNC Center, involved senior and junior academics, researchers, and policymakers from Bangladesh, Cambodia, China, India, Japan, Myanmar, and the...
November 29th, 2022
On November 21, 2022, FinanceAsia published a story entitled “US-listed Chinese Firms Wracked by Infighting amid Delisting Threat” that examined the delisting threat facing more than 160 companies listed on United States (US) stock exchanges pursuant to the 2020 Holding Foreign Companies Accountable Act and the unexpected responses of some companies to the threat. Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H. Wong Center for the...
October 12th, 2022
In early October, the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) hosted a workshop entitled “The Effects of Chinese Outward FDI in Southeast Asia” in the San Francisco Bay Area (California, USA). This 1-1/2 day workshop, organized and sponsored by the Wong MNC Center, drew leading academics, researchers, and policymakers from China, Malaysia, Singapore, Thailand, and the United States. Participants presented research...
September 11th, 2022
On August 29, 2022, Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, was interviewed by International Financial Law Review (IFLR) for a story on the August agreement between the United States (US) Public Company Accounting Oversight Board (PCAOB) and the China Securities Regulatory Commission (CSRC) that permits, in concept, American regulatory authorities to review freely, in...
August 29th, 2022
In late August, Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center), presented a paper on “The US-China Global Economic Rivalry and Europe” at the workshop on “Europe in an Era of Intensifying US-China Rivalry” (Ingelheim, Germany). In his paper, Dr. Blanchard examined United States (US)-China and Europe-China geoeconomic tensions past and present and the tactics...
June 14th, 2022
In June 2022, the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) became a sponsor of the portion of the Golden State International Relations Observer Podcast covering the international relations of California’s top multinational corporations (MNCs) such as Apple, Chevron, and Disney, among others. The Golden State International Relations Observer Podcast, which is listed on well-known podcast directories such as Apple...
June 14th, 2022
In May 2022, the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center), an independent, California based non-profit think tank, won a $55,000 grant from the Mr. & Mrs. S.H. Wong Foundation to fund a multi-year, multi-country research project on China’s Digital Silk Road Initiative (DSR), part of China’s larger Belt and Road Initiative. This grant will allow Wong MNC Center Executive Director Dr. Jean-Marc F. Blanchard and...
April 7th, 2022
At the 2022 International Studies Association annual meeting in Nashville, Tennessee, Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, presented a paper about Chinese outward foreign direct investment (FDI) and technology transfer (TT) to host countries; i.e., the places where FDI takes place, focusing on developing countries. Dr. Blanchard highlighted key themes emphasized in...
December 14th, 2021
In mid-December, the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) hosted a workshop entitled Chinese Seaports in Europe and the Americas: Cutting through the Waves in the San Francisco Bay Area (California, USA). This 1-1/2 day workshop, also organized and sponsored by the Wong MNC Center, drew leading academics, researchers, and policymakers from Brazil, Denmark, Ecuador, Germany, Italy, the United Kingdom, and the...

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

A Bargaining and Property Rights Perspective on the Belt and Road Initiative: Cases from the Italian Port System

Cristian Luise, Peter J. Buckley, Hinrich Voss, Emmanuella Plakoyiannaki, and Elisa Barbieri

Drawing upon the bargaining power literature and property rights economics, this article explores how and why host country actors at different levels of governance influence foreign direct investment (FDI). Exploiting these analytical tools, it conducts a comparative case study analyzing four Chinese company attempts to enter Italian seaports. It finds there must be consistency in the distribution of rights among the various participants in the property relationship for a Belt and Road Initiative (BRI) port investment to occur.

Bibliometric Review on FDI Attractiveness Factors

Vanessa P.G. Bretas, Ilan Alon, Andrea Paltrinieri and Kavilash Chawla

This article reviews the literature on the attractiveness of foreign direct investment (FDI) through bibliometric and content analysis. It combined co-citation, bibliographic coupling, and keyword co-occurrence time analysis with content analysis of the most cited articles by using the Bibliometrix R-package and VOSviewer software. A study of 499 articles extracted from the Web of Science database reveals five main research categories: FDI structure, market conditions, entry conditions, institutional framework, and resource availability.

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.

Data Snapshots, Rankings, and Indexes

Click to enlarge displayed image

Top Ten PRC Non-Financial Companies by Assets (2015, 2020, 2022)
Top Ten PRC Non-Financial firms by Assets, 2015, 2020, 2022
Annual Chinese Outward FDI Seemingly Plummeting since 2017
Japan and Korea long have been Vietnam's dominant FDI sources