The head of China’s State-owned Assets Supervision and Administration Commission recently announced China welcomes foreign direct investment (FDI) in China’s state-owned enterprises (SOEs). At World Internet Conference, China restates its familiar call for “cyberspace sovereignty,” but most focused on absences of key Chinese political leaders and high-level business representatives. Lego…
Tag: AIIB
April 23, 2018
China to roll out new negative lists for free-trade zones (FTZs) and other parts of the country during the first half of 2018. Foreign and publicly-listed on foreign exchanges Chinese firms move to accommodate Chinese Communist Party (CCP)’s desire for greater say. China’s Ministry of Commerce (MOFCOM) touts that Chinese…
May 23, 2017
Germany’s top financial regulator generically welcomes Chinese investment in Germany’s financial sector. Tokyo and Beijing discuss bilateral economic relations and cooperation, as Japan fears potential spillover of China’s economic problems. India’s Finance Minister invites Japanese companies and financial institutions to engage in India’s “Made in India” initiative. POSCO and SeAH…
March 17, 2017
On 8 December 2016, about a month after my previous blogpost entitled “Chinese Companies and the World Bank’s Procurement Blacklists” was published on this website, the Asian Infrastructure Investment Bank (AIIB) re-issued its Policy on Prohibited Practices. The policy has not received much attention outside of China, but is significant...
January 16, 2017
China’s inward foreign direct investment (FDI) increases moderately over 2015, with a major proportion going into the service sector. Chinese outward FDI (OFDI) soared in 2016, hitting new records, with Europe, above all, Germany a key destination. Jack Ma meets with US President-elect Trump and touts Alibaba’s potential to create…
October 28, 2016
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. A quick search of the World Bank’s list of Debarred & Cross-debarred Firms & Individuals...
October 12, 2015
Economic relations between China and the UK have changed substantially since the last time a Chinese president visited Britain. When former Chinese President Hu Jintao came to the UK in 2005, Chinese outward FDI was modest, China had not yet shaken the structures of global development finance, and internationalization of...
May 31, 2015
Hewlett-Packard (HP) sells majority stake in Chinese networking division to Tsinghua University. Beijing will open its service sector to spur greater foreign investment. Blocked Twitter actively courts Chinese companies at Shanghai event. China’s Ministry of Industry and Information Technology contemplates new software security guidelines. Chinese gold miners in Sudan face…
