China Ministry of Commerce (MOFCOM) releases 5-Year Plan and notes China will keep opening up select sectors and make it easier for high-quality investors to enter them. MOFCOM expects China will remain a top global recipient of inward foreign direct investment (FDI) even as the country works to improve the…
Tag: LG Electronics
March 29, 2020
The China Council for the Promotion of International Trade (CCPIT) has issued more than 6400 force majeure certificates to help suppliers deal with their inability to meet their contractual obligations. Per China’s Ministry of Commerce, Chinese outward foreign direct investment (FDI) for the first two months of 2020 totaled USD…
October 1, 2018
China State Council meeting decides to pursue numerous measures to increase foreign direct investment (FDI) flows as well as the realization of major FDI projects. Rising United States (US)’ tariffs are driving Asian firms to leave or contemplate departing China for other places in the region. Despite pressures, China Ministry…
January 9, 2018
Chinese drug approval authorities likely to approve several blockbuster foreign drugs in 2018. Hyundai Motor Group faces declining sales growth in 2018 in large part due to political and economic challenges in China. China State-Owned Assets Supervision and Advisory Commission (SASAC) to issue new guidelines to improve behavior of state-owned…
October 10, 2017
China’s Ministry of Commerce (MOFCOM) spokesperson stresses that China’s industrial policies will not discriminate against foreign firms. China’s favoritism towards state-owned enterprises (SOEs) not only pressures domestic firms, put foreign companies, too. Bain led consortium still hopes to conclude Toshiba deal despite litigation by competing bidder Western Digital. Chinese authorities…
July 12, 2017
Speakers at event in Beijing argue greater market openness in China might facilitate greater Chinese outward foreign direct investment (FDI) in the United States (US). Iranian, Chinese, and French, public and private firms, sign massive USD $4.8 billion deal to develop Iran’s South Pars (SP11) gas field. US considers applying…
March 6, 2017
China’s elderly care needs create space for foreign investors. China’s efforts to control capital flight are leading to increased bureaucratic review and deal delays. Japan’s Takata Corp. enters into a settlement pursuant to which it accepted a felony charge and will create two compensation funds worth USD $1 billion. Nissan…
