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MNCs in the News

September 11th, 2018
International Monetary Fund (IMF) calls China’s investment and service trade environment “very restrictive.” US tariffs and environmental rules severely constrain Chinese firms, creating space for Japanese chemical firms. Muji pondering moving HQ from the United Kingdom (UK) due to tax and trade complications flowing from Brexit. New South Korea government penalty scheme relating to recalled vehicles following BMW’s massive recall raises trade secret loss anxieties among South Korean firms. Meeting between high-...
August 29th, 2018
China cannot rely on United States (US) business community in China to pressure Washington to temper the current trade war. Foreign companies’ desire to take full control of their securities and financial management companies in China may be impeded by the US-China trade war. US-China trade war forces foreign companies in China at the lower-end of the value added chain to consider all kinds of new strategies. Chinese outward foreign direct investment (FDI) in 2018 rises by 14.1 percent in dollar terms over the same...

Wong MNC Center News

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.
November 22nd, 2017
On November 18 and 19, 2017, the "Political Economy of China's Maritime Silk Road Initiative (MSRI), Africa, and the Middle East" conference was held in Shanghai, China. The conference, orchestrated and co-sponsored by the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) and hosted and co-sponsored by the School of Advanced International and Area Studies (SAIAS) at East China Normal University (ECNU), attracted scholars and...
October 30th, 2017
Peter J. Buckley, Ph.D. has joined the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations as an Advisory Board member. Dr. Buckley is a world renowned international business scholar with a specialization in Chinese business. He is Professor, Founder and Director of the Business Confucius Institute, and Founder and Director of the Centre for International Business, all at the University of Leeds (UK). He was appointed Officer of the Order of...
October 30th, 2017
In mid-October, Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations gave an invited talk at the National University of Singapore Institute of South Asian Studies “Revisiting Globalization: Comparing Country Experiences from South Asia and the World” Workshop. The title of Dr. Blanchard’s talk was “China and Economic Globalization: Powerful Profit indeed, Potential Prophet Indeed.” In his...
August 30th, 2017
South China Morning Post reporter Frank Tang interviewed Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, for a story relating to the 10th anniversary of the China Investment Corporation (CIC), China's massive sovereign wealth fund. Dr. Blanchard shared his insights about the CIC's objectives, investment portfolio, and investment performance. Dr. Blanchard noted that the CIC remained...
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

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.

Cuba’s changing of the guard and Sino-Cuban Relations

Scott MacDonald

This piece looks at the future of Cuba's relations with China in the post-Castro era. It notes that Cuba faces substantial serious domestic and international political and economic challenges and that because of this it sees China as a potential ally and source of economic support. While China will be interested in strengthening its backing for Cuba because of the latter's vital location, it will be cautious. First, China will not want to "jeopardize the hugely more important U.S.

Data Snapshots, Rankings, and Indexes

Click to enlarge displayed image

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
China is Myanmar's Largest Foreign Investor, 2005-2013

Upcoming Events

Oct
10
China Energy Assembly (Beijing)

The China Energy Assembly is the major gathering of international energy professionals in China. The event brings together executives from Chinese state-owned enterprises and...

Oct
17
World Sugar Conference 2018 (Bangkok)

The 5th edition of the World Sugar Conference will be held in Thailand. The theme of this year’s edition is “convergence and divergence in the ASEAN sugar and ethanol industry...

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
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...