China’s State Council creates seven new free trade zones bringing the total number in the country to 11. China’s State Administration of Foreign Exchange (SAFE) pushes foreign businesses to support its efforts to limit capital outflows from China. Prior to Donald Trump-Xi Jinping meeting, Chinese parliamentarian links the quality of…
Tag: Xi Jinping
January 31, 2017
China moves to lower restrictions on foreign investment in various financial sectors including banking, insurance, and credit ratings. China’s outward direct investment (ODI) hits new high in 2016 with a significant amount going into manufacturing and information technology. China’s State-owned Asset Supervision and Administration Commission says it will release a…
November 15, 2016
China approves cyber security law despite intense lobbying by foreign business associations, firms, and governments. China reportedly is considering allowing foreign investment banks to have wholly owned operations on the mainland. China Development Bank Capital (CDBC) and Microsoft have formed a partnership to “promote technology innovation and smart city development.”…
October 18, 2016
China’s inward foreign direct investment (FDI) for the first nine months of 2016 grows a modest 4.2 percent year-over-year (YOY). China takes various steps to ease process for inward FDI, but foreign observers reserve judgement. Shanghai Municipal Food and Drug Administration imposes several million dollars in fines on Shanghai Husi…
June 14, 2016
Many political observers predicted that in the aftermath of the Iran nuclear deal and the subsequent lifting of a multitude of economic sanctions imposed on the country we would witness a diminishment of bilateral links between China and Iran, especially on the economic front. The logic was as follows: No...
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…
January 28, 2016
China’s inward foreign direct investment (IFDI) falls in December 2015, though its FDI totals for 2015 show growth. The American Chamber of Commerce in China Business Climate Survey shows significant numbers of companies still favor China despite having many concerns and notable profit pressures. Guizhou concludes USD $280 million semiconductor…
December 21, 2015
Inward FDI in China continues to show growth year-over-year. European Chamber of Commerce in China President questions China’s interest in attracting foreign investment. Chinese NGO files a lawsuit against VW for its emissions testing cheating fraud. At the 2nd World Internet Conference (WIC), China’s President Xi Jinping promises to protect…
December 13, 2015
Cisco says it will give its source code to no one while seeking a “win-win” arrangement with China. Chinese media report that Google has set up a shell company in the Shanghai Free Trade Zone. Chinese Ministry of Commerce (MOFCOM) official says that the government will work to facilitate greater…
December 7, 2015
China’s General Administration of Quality, Supervision, Inspection, and Quarantine announces recall of more than 10,000 Mercedes cars due to airbag defects. China moves to develop “Made in China” drugs. China’s rising overseas economic presence reflected in its negotiations with Djibouti to build a logistics hub. Top Chinese Ministry of Commerce…
