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...
Tag: COVID-19
January 31, 2022
China’s Ministry of Commerce (MOFCOM) touts that China will act to attract foreign direct investment (FDI) despite a challenging environment. In the wake of a backlash following its removal of Xinjiang products from its shelves, Guangdong Administration for Market Regulation fines Sam’s Club for deceptive consumer practices on its app.…
December 7, 2021
China’s Ministry of Commerce (MOFCOM) reports China’s utilized inward foreign direct investment (FDI) for the first 10 months of 2021 increased 17.8 percent over the prior year period. China imposes various fines on Taiwan’s Far Eastern Group, pointing out that independence supporters and “‘their connected companies and financiers must be…
October 1, 2021
China Ministry of Commerce (MOFCOM) looking at negative list for cross-border services trade in the country’s free trade zones (FTZs). China’s Ministry of Industry and Information Technology publishes draft regulations relating to the classification of data and data export restrictions. American Chamber of Commerce in Shanghai indicates members doing well…
August 4, 2021
China’s Ministry of Commerce (MOFCOM) reports strong inward foreign direct investment (FDI) growth over the first half of 2021 relative to 2020. China MOFCOM spokesperson assures foreign investors that China’s national security review process for FDI will be done selectively and carefully and that China is still open. Ericsson says…
February 14, 2021
This piece complements two earlier pieces that, respectively, overviewed China’s Dual Circulation System (DSC) and pondered its implications for inward foreign direct investment (FDI) into China. It specifically focuses on the potential ramifications of the DCS for Chinese outward FDI (OFDI). Prima facie one logically might expect the DCS to…
February 2, 2021
China receives the largest amount of inward foreign direct investment (FDI) in 2020. China’s 2020 revised catalog of encouraged FDI takes effect increasing the number of encouraged sectors. China issues rules to counteract foreign extraterritorial sanctions affecting its nationals and companies. Renewable energy investments dominate China’s Belt and Road Initiative…
January 11, 2021
Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, was interviewed for a Financial Times story examining China’s continuing success in attracting foreign direct investment (FDI) despite Covid-19 and political tensions between the United States and China. The...
January 4, 2021
China’s National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM) release revised 2020 catalog of encouraged industries for foreign direct investment (FDI). China’s NDRC issues rules relating to FDI national security reviews. China’s Standing Committee of National People’s Congress considering amendment to criminal law that would increase prison…
December 2, 2020
Foreign direct investment (FDI) into China continues to surge despite Covid-19 and other challenges. China’s Ministry of Commerce says China will take further measures to liberalize ownership restrictions for foreign firms in the service sector. Shanghai shows strength in attracting inward FDI (IFDI) and adds to its regional headquarters and…