Foreign companies remain cautious about increasing their foreign direct investment (FDI) in China because of the risk of trade war escalation. Multinational corporations (MNCs) in China worry not only about trade war’s impact on sales, but pressures to relocate their factories. China’s National People’s Congress reviews draft law than seems…
Tag: POSCO
August 2, 2017
The China Banking Regulatory Commission moves to allow foreign banks to purchase Chinese lenders through a locally incorporated subsidiary. Analysis claims China is cracking down on acquisitive private actors, so-called “Grey Rhinos,” because of risks they pose to the Chinese economy. The United Kingdom is moving to tighten its foreign…
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 5, 2016
According to China’s Ministry of Commerce, China plans to “lower entry barriers for foreign investors.” MOFCOM representatives also indicate that “China will support foreign participation in its drive to reform state owned enterprises (SOEs).” Foreign Ambassadors present letter to China’s Ministry of Public Security to express their anxieties about China’s…
March 8, 2015
China’s draft counterterrorism law raises substantial concern among foreign companies. Foreign technology firms struggle to determine best way to defend their interests in China. Deputy Commissioner of State Intellectual Property Office (SIPO) asserts China’s intellectual property laws are not used to discriminate against foreign technology businesses. Premier Li Keqiang proclaims…