Committee on Foreign Investment in the United States clears ChemChina’s massive acquisition of Swiss agrochemicals giant Syngenta. Indonesia awards Chinese consortium construction permit for the full length of a USD $5 billion Jakarta-Bandung high-speed railway line. Sino-Vietnamese tensions over the South China Sea have affected the operations of Chinese firms…
Tag: United States
July 25, 2016
Inward FDI into China grew slowly over the first six months of 2016 year-over-year. The Permanent Court of Arbitration’s unfavorable ruling against China’s South China Sea claims sparks protests and boycott calls against American “icons” in China to the chagrin of the Chinese government. A Chinese consortium’s effort to buy…
July 20, 2016
China’s State Administration of Taxation has issued new guidelines for evaluating domestic and foreign companies’ tax performance. Under pressure, IKEA agrees to massive recall of Malm products in China. Anhui Jianghuai Automobile Co. stops producing the iEV6s sport utility vehicle featuring Samsung SDI’s batteries because the Chinese government did not…
July 4, 2016
At the Annual Meeting of Champions, Chinese Premier Li Keqiang stresses the value of foreign direct investment (FDI) and China’s plans to create a better environment for them. Some fret Microsoft’s acquisition of LinkedIn will complicate LinkedIn’s position in China. China’s State-Owned Assets Supervision and Administration Commission (SASAC) reports that…
May 29, 2016
At the 8th Strategic and Economic Dialogue talks, the US will press China to improve its business and investment climate. China say it will propose a global investment code at the upcoming G20 summit in Hangzhou. Tsinghua Unigroup’s leadership is unconcerned about the possibilities the new Taiwan leadership may review…
May 28, 2016
Record Chinese outward foreign direct investment (OFDI) in the US has spurred great excitement about its job creation potential. There is good reason for optimism. For instance, Wanxiang’s 2013 purchase of A123 Systems and TDC Cutting Tools’s 2009 purchase of Greenfield Industries reportedly saved around 750 jobs. According to one...
April 12, 2016
China fails to submit new negative list proposal to US. Chinese firms are pouring money overseas driven by a depreciating currency among other factors. The Washington Post calls for a new approach to Chinese outward foreign direct investment (FDI) that takes into account non-traditional risks. ZTE replaces three top executives…
April 3, 2016
Chinese Premier Li Keqiang emphasizes China’s willingness to work harder to create a favorable environment for foreign investors. China’s Ministry of Industry and Information Technology stresses that the country’s planned rules on Internet domain names will not affect companies’ “normal operations.” China will set up its first overseas permanent military…
March 21, 2016
For once, American and Chinese pundits seem to think alike: There is a budding Great Wall, reinforced by hostile political sentiments in the United States (US) and, above all, the sinister Committee on Foreign Investment in the United States (CFIUS), that is raising increasingly high obstacles to Chinese foreign direct...
March 17, 2016
China’s Ministry of Commerce (MOFCOM) reports that foreign direct investment flows into China topped USD $22.5 billion in the first two months of 2016. Bristol-Myers Squibb moves to deal with fallout of US Securities and Exchange Commission (SEC) Foreign Corrupt Practices Act settlement relating to its China joint venture. Chrysler…
