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MNCs in the News

December 7th, 2021
China’s Ministry of Commerce (MOFCOM) reports China’s utilized inward foreign direct investment (FDI) for the first 10 months of 2021 increased 17.8 percent over the prior year period. China imposes various fines on Taiwan’s Far Eastern Group, pointing out that independence supporters and “‘their connected companies and financiers must be punished.” JPMorgan Chase CEO Jamie Dimon quip about the longevity of his firm versus the Chinese Communist Party leads to multiple apologies. China’s State Administration of...
November 2nd, 2021
China Ministry of Commerce (MOFCOM) releases 5-Year Plan and notes China will keep opening up select sectors and make it easier for high-quality investors to enter them. MOFCOM expects China will remain a top global recipient of inward foreign direct investment (FDI) even as the country works to improve the quality of inward FDI (IFDI). China’s Ministry of Finance promises that China will provide a level playing field in government procurement to foreign goods and services providers are concerned. Indonesia now has...

Wong MNC Center News

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...
September 7th, 2021
Ms. Tatiana Rosito has joined the Advisory Board of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations. Ms. Rosito is a Brazilian economist and diplomat, currently senior consultant to the New Development Bank in Shanghai. She is a Senior Fellow at the Brazilian Center for International Relations and a member of the China-Brazil Business Council’s consultative committee. Tatiana was Petrobras’ China Chief-Representative and served as a...
May 9th, 2021
Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, was interviewed for an article in the The Diplomat. Dr. Blanchard offered his thoughts about the state of China-United States (US) foreign direct investment (FDI) and how various dynamics in China and the US and between the two countries might affect FDI going forward. For example, he commented on how China’s 14th Five-Year Plan,...
October 27th, 2020
China’s Maritime Silk Road, Africa, and the Middle East: Feats, Freezes, and Failures is now publicized on the Palgrave MacMillan website. This edited volume, initiated and brought to fruition by the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center), features contributions by a distinguished group of experts on Africa-China and Middle East-China economic and political affairs on topics such as Iran’s relations with China in...
October 27th, 2020
Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, was interviewed for a Financial Times story covering plummeting foreign direct investment (FDI) flows between China and the United States (US). The story described trends in bilateral FDI statistics, identified some of the reasons such as Covid-19 and tensions between Beijing and Washington for the depressed numbers, and noted some...
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...
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...
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...
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

One Country, Many Industries: Heterogeneity of Chinese OFDI motivations at Meso Level

This article criticizes the literature on the drivers of China’s foreign direct investment (FDI) for ignoring the meso (industry) level. The authors rectify this lacuna by proposing an “industry-based view” of FDI, which takes into account cross-industry heterogeneity and FDI motivations.

Regional Social Context and FDI. An Empirical Investigation on Chinese Acquisitions in Europe

Lauretta Rubini, Chiara Pollio, Francesca Spigarelli, and Ping Lv

This article ponders the varying economic, technical, and social conditions that might illuminate the different strengths of European regions in attracting foreign direct investment (FDI). It tries to identify whether the presence of regional differences affects the location of multinational enterprises. The authors develop an empirical model using data on Chinese brownfield investments in European regions.

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

Jan
28
International Conference on Multinational Companies and Globalization (New York)

The International Conference on Multinational Companies and Globalization (ICMCG) gathers leading academics, researchers and others from around the globe to...

Mar
29
Africa Energy & Mining 2022 (Johannesburg, South Africa)

The Africa Energy & Mining 2022 conference will focus on the theme of investing in the world’s future energy value chain in Africa. It will address topics...

Mar
30
7th Annual Mining Investment Asia (Singapore, Hybrid)

Mining Investment Asia is the leading mining investment, capital raising, and technology conference in...

May
9
The 19th Annual World Forum for FDI (Edinburgh, Scotland)

The World Forum for FDI is the leading platform for cross-border investment attraction. Themes to be covered at the 19th Annual World Forum for FDI include the...