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Dr. Jean-Marc F. Blanchard's picture

China’s Maritime Silk Roads Initiative and Southeast Asia: Rough Sailing through the South China Seas?

As our readership knows, one of China’s signature foreign policy initiatives is the Maritime Silk Road Initiative (MSRI), a key part of its larger One Belt, One Road (OBOR) scheme.

Dr. Hwy-Chang Moon's picture

Made in Home Country, Host Country, or the World? The need to Revamp Globalization Indices

South Korea is very concerned about its economy because the exports of its major conglomerates like Samsung Electronics and Hyundai Motors have declined. Although their domestic production and exports are decreasing, they are producing more in foreign countries and increasing their exports from these host countries.

Chinese Companies and the World Bank’s Procurement Blacklists

The World Bank and other multilateral development banks have robust fraud and corruption policies relating to procurement and consulting services, with due process procedures that permit the accused firms to challenge the banks’ findings.

Dr. Manochehr Dorraj's picture

Headways and Headwinds Facing China’s Economic Diplomacy in the Middle East

China’s impressive success in rapidly expanding its investment and ties with the Middle East and North Africa (MENA) region in the last two decades is a significant, yet under-investigated subject. What factors contribute to China’s success?

Dr. Amitendu Palit's picture

Steel Overcapacity and China's Overseas Investment Plans

Among a multitude of topics, the G-20 Summit held in September in Hangzhou considered the issue of overcapacity in the global steel industry.

Dr. Scott MacDonald's picture

The Hanjin Bankruptcy and Choppy Seas

In early September the Korean shipping company, Hanjin, went into bankruptcy, no longer able carry the burden of its $5.5 billion debt, a long string of losses, and brutally intense competition coupled with the loss of support from its bankers.

Dr. Jean-Marc F. Blanchard's picture

Will Chinese Companies Conquer the World? Maybe, but maybe not…

For diverse reasons, Chinese companies have long been underestimated. Drawing upon his theory of the multinational enterprise based in transaction cost economics, Professor Jean-Francois Hennart argued, however, at the recent 10th annual China Goes Global meeting that such presumptions were ill-advised.

Mr. Naoyuki Haraoka's picture

Japanese MNCs in China Are Increasing the Use of the Yuan in Intra-firm Trade with Japan

The internationalization of Chinese yuan is fully underway with rising use in trade, settlement, and financial transactions. To what extent do Japanese multinational corporations (MNCs) in China, which have numerous subsidiaries and extensive production chains there, use the yuan in their transactions?

Dr. Jean-Marc F. Blanchard's picture

Freedom is Slavery: Localization and CSR Strategy

Chinese companies like Bright Foods, Dalian Wanda, Fosun Group, Midea, and State Grid have been active buyers of European companies over the past few years. In 2014, they invested USD $18 billion while in 2015 they poured $23 billion into Europe.

Dr. Jean-Marc F. Blanchard's picture

Promise the Sky and You Risk Being Blown Away: Unwise Chinese Firm Investment Promises

It has become de rigeur for Chinese companies investing overseas to make all kinds of promises to defuse host community anxieties, to smooth the deal approval process, and to win government investment incentives. For instance, in 2010, when Chinese bus maker BYD Motors, Inc.

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