The Belt and Road Initiative (BRI) has generated so much commentary that it is conceivable that if one printed out all the relevant pages and laid them end-to-end the length might approach that of all the railway track laid under the aegis of the BRI![i] Further commentary seems even more...
Tag: Belt and Road
January 5, 2024
March 29, 2023
The Belt and Road Initiative (BRI), which consists of two main components, the sea-focused Maritime Silk Road Initiative (MSRI) and the land-focused Silk Road Economic Belt (SREB), came into being in 2013.[1] Since Chinese President Xi Jinping launched the MSRI and the SREB, there has been considerable positive and negative...
December 29, 2022
In mid-December 2022 in the San Francisco Bay Area, the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) hosted a 1-1/2 day workshop entitled Chinese Overseas Ports in Southeast and South Asia: Profiling Problems and Progress. This gathering, also orchestrated and funded by...
July 5, 2022
At the recent Group of Seven (G-7) meeting in Germany, the attending countries put forth the “Partnership for Global Infrastructure and Investment” (PGII), which is a revised version of the Build Better Back World (B3W) scheme that was launched at last year’s G-7 meeting. While there was never any concrete...
September 5, 2020
On October 1, China will establish a new compliant mechanism that, among other things, will allow foreign business associations to raise concerns about the investment environment. China’s Banking and Insurance Regulatory Commission has given permission for a second foreign asset management joint venture (JV), involving BlackRock and Temasek. Looking to…
August 30, 2020
The United States (US) Department of Commerce recently blacklisted two dozen Chinese firms which it said, “played a ‘role in helping the Chinese military construct and militarize the internationally condemned artificial islands in the South China Sea.’” Companies listed included Guangzhou Haige Communications Group, China Shipbuilding Group, and China Communications...
October 21, 2019
At a State Council meeting, China promised more action to eliminate restrictive policies on foreign direct investment (FDI). China’s State Council announced new measures to expand the opening of its financial sector to foreign banks and insurers. China’s Ministry of Commerce (MOFCOM) reported that China’s non-financial outward FDI grew 3.8…
September 29, 2019
At an event in the United States (US), Chinese Foreign Minister Wang Yi stressed China’s opening, the value of its new foreign investment law, and its improving negative list. Chinese analysts criticized a European Chamber of Commerce in China report for blaming the woes of European firms in China on…
May 3, 2019
Inward foreign direct investment (FDI) into China shows decent growth in the first quarter of 2019 with United States (US) FDI showing particularly strong growth. China announces moves to open its banking and financial sectors further. The United Arab Emirates (UAE)’s strategic location allows it to snare USD $3.4 billion…
July 23, 2018
BMW and Tesla roll forward in China as government paves the road to greater ownership stakes. Foreign financial institutions banking on increasing role in China’s Belt and Road Initiative (BRI). Cambodia’s Minister of Agriculture, Forestry, and Fisheries opined that Chinese outward foreign direct investment (FDI) in Cambodia’s agricultural sector was…
