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MNCs in the News

September 5th, 2020
On October 1, China will establish a new compliant mechanism that, among other things, will allow foreign business associations to raise concerns about the investment environment. China’s Banking and Insurance Regulatory Commission has given permission for a second foreign asset management joint venture (JV), involving BlackRock and Temasek. Looking to exploit China’s financial sector opening, JPMorgan will spend a huge amount of money to take full control of its China mutual fund JV. Foreign pharmaceutical...
August 1st, 2020
Chinese President Xi Jining courts foreign direct investment (FDI) in encouraging letter to the Global CEO Council. China plans to impose sanctions on United States (US) company Lockheed Martin because of the latter’s weapons sales to Taiwan. China’s new, strict cybersecurity laws and regulations have driven Morgan Stanley, a US investment banking firm, to block its interns in China from remotely accessing its virtual network. The recent border clash with China has increased the pressure on New Delhi to reduce the...

Wong MNC Center News

June 1st, 2020
On May 6, 2020, Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) participated in a webinar organized by the China Analysis Group of the Brazilian Center for International Relations (CEBRI). For this timely CEBRI webinar, which focused on the theme of “Asian production chains and technological decoupling,” and included participants representing institutions in Brazil,...
April 14th, 2020
Mr. Kenneth Jarrett has joined the Advisory Board of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations. He is a Senior Advisor with the Albright Stonebridge Group, a strategic advisory firm based in Washington, D.C. He previously served as President of the American Chamber of Commerce in Shanghai from September 2013 to December 2018. Prior to that he was the Greater China Chairman for APCO Worldwide, a Washington-based public affairs...
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 Globalization of the Industry: Chinese Inward and Outward FDIs

Tommaso, Marco R. Di, Francesca Spigarelli, Elisa Barbieri, and Lauretta Rubini

This chapter describes how Western and domestic firms are competing in the various sub-segments of the Chinese healthcare market. It begins by looking at China’s “Open Door” policy and the impact of foreign direct investments (FDI) in China by Western multinationals. It then considers recent trends in China’s expansion abroad through FDI. The chapter analyzes various cases to understand the motives behind the growing integration of the Chinese healthcare industry in the global value chain.

“Covid-19 and the Consequences for Euro-Asian Business.”

Peter J. Buckley, OBE

In this podcast, Wong MNC Center Senior Research Fellow Peter J. Buckley offers his thoughts about the impact of Covid-19 and other contemporary global developments on China’s Belt and Road Initiative (BRI), which he views as a political-economic endeavor. Buckley feels Covid-19 will raise questions about certain BRI projects given all the other budgetary demands that have arisen and will lead to a new focus on other forms of connectivity like the health and digital silk roads.

Data Snapshots, Rankings, and Indexes

Click to enlarge displayed image

Japan and Korea long have been Vietnam's dominant FDI sources
Japanese FDI Flows to Southeast Asian Countries Not Reaching Old Highs
China-Japan FDI flows seem little correlated with other economic flows

Upcoming Events

Oct
20
2020 Global Free Trade Zones Summit (Yingkou, Liaoning Province, China)

The Global Free Trade Zone Summit focuses on...

Nov to Dec
30
Infrastructure Investor Asia Summit 2020 (Virtual)

The 8th Annual Infrastructure Investor Asia Summit delves into regional infrastructure investment opportunities. The event is divided into a forum on Renewable Energy and a...