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Dr. Jean-Marc F. Blanchard's picture

Belt and Road Forum, II, part I-Cleaning Up the House

At the recent Belt and Road Forum, Chinese President Xi Jinping stressed China would adopt a zero-tolerance policy towards corruption regarding its Belt and Road Initiative (BRI).

Mr. Naoyuki Haraoka's picture

Japanese Market Increasingly Attracts Asian Multinational Corporations

Foreign direct investment (FDI) into Japan has been increasing recently, contradicting the belief Japan is a closed market. Per the Japan External Trade Organization (JETRO), total FDI for 2016 increased more than USD $30 billion over the prior year and 2016 represented the third consecutive yearly increase. Increased FDI from Asian multinational corporations (MNCs) has been noteworthy, recording a 16.7 percent jump over 2015.

Dr. Jean-Marc F. Blanchard's picture

Dialing In or Head in the Clouds? China’s Prospective Opening of its ICT Sector

There are many sectors in China that are closed or highly-restricted as far as foreign direct investment (FDI) is concerned. Drivers of this include political nationalism, a desire to protect domestic firms, and concerns about economic independence.

Dr. Scott MacDonald's picture

Italy Signs on to the Belt and Road Initiative

In late March 2019, Chinese President Xi Jinping traveled to Rome, where he met with Prime Minister Giuseppe Conte, who signed a memorandum of understanding pursuant to which Italy signed on to China’s Belt and Road Initiative (BRI), making it the first Group-7 country to do so.

Dr. Hwy-Chang Moon's picture

Drivers of Korean Startups’ FDI: Government Support or Regulations?

The Korean government has been well-known for the significant support it gives to startups pursuant to its “Creative Economy” policy, which aims to stimulate economic growth through innovation and job creation. Ironically, given this strong backing, there have been an increasing number of Korean startups investing abroad to bypass the strict regulations of their home country. Although Korean startups have advanced technology, they are hamstrung by burdensome government regulations.

Dr. Jean-Marc F. Blanchard's picture

Chump Change? The risks of Banking on financial sector opening in China

China has long assured others of its intent to open up its financial sector. While it has never been entirely clear what this means, many have expected China not just to let in more foreign companies, but also to let them hold greater ownership stakes in their China operations and conduct more lines of business.

Dr. Jean-Marc F. Blanchard's picture

Charged up about the Political Meaning of Tesla in China: Time to Apply the Brakes?

In 2017, it was revealed American electric vehicle (EV) maker Tesla had concluded an agreement with Shanghai to build a manufacturing complex in Shanghai that, per Tesla CEO Elon Musk, will be extremely advanced and produce cars customized for the China market.

Mr. Naoyuki Haraoka's picture

Servicing Trade in Services through Proper Government Policies

With ongoing digital innovation (entailing evolving information and digital technology), trade in services is exploding globally. The Asia-Pacific Region (APR), in particular, is now exposed to a flood of digital technology and related services.

Dr. Scott MacDonald's picture

China and Rebuilding Syria: War, Opportunity, and Risk

Syria’s civil war has been highly destructive. Basic infrastructure in much of the country has been destroyed, cities have been leveled, and huge populations displaced. However, the war is winding down, leaving the autocratic al-Assad regime, backed by Russia and Iran, in power. While the political situation is being sorted out, China is quietly emerging as an important player in what comes next, the estimated USD $200 billion reconstruction of Syria.

Dr. Jean-Marc F. Blanchard's picture

Asia-Pacific Region (APR) Countries Turning Anti-Social against Internet Giants

For the past few years, internet giants such as America’s Google, Facebook, and LinkedIn, Japan’s Rakuten, and South Korea’s Naver have been facing an increasingly turbulent operating environment in the Asia-Pacific Region (APR). Many of the challenges they face are widely known.

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*Blogs represent the views of their authors and are not necessarily endorsed by the Wong MNC Center, its Board of Directors, or its Advisory Board. They are intended for the non-commercial use of readers in order to foster debate and discussion and to facilitate and stimulate research.