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: Asian Infrastructure Investment Bank
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...
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...
July 25, 2015
China’s utilized foreign direct investment (FDI) in first six months of 2015 increases significantly over the same period in 2014. Chinese Ministry of Commerce (MOFCOM) expects solid FDI inflow results for 2015. China’s move to create incentives for traditional gas-powered hybrids may open opportunities for foreign car companies in China.…
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…
April 6, 2015
China puts the brakes on foreign automobile joint venture (JV) ownership shares. The implementation of some of China’s bank technology security rules may be delayed. US Treasury Secretary Jack Lew makes China’s counterterrorism law and banking technology rules a centerpiece of his visit to China. China State Council’s recently mandated…
