$20 billion “bilateral capacity cooperation” fund

MNCs in the News-2015-07-03

China passes National Security Law that alarms Foreign Businesses. Food scandal makes mincemeat out of OSI (China) Holding Co.’s bottom line. Li Keqiang calls on the European Union (EU) and China to make progress on an investment treaty. By 2020, China will be world’s largest cross-border investor including foreign direct investor (FDI). China and Brazil agree to set up $20 billion fund to support “bilateral capacity cooperation.” Chinese private firms are leading candidates to takeover rescued Portuguese bank. Vietnam undertakes dramatic changes to open its economy to foreign investors in a bid to boost economic growth. Vietnam moves to unify state supervision of all investment activities including FDI. Coca-Cola finds one of its local business joint venture associations in Myanmar is not so sweet.