California

Dr. Jean-Marc F. Blanchard's picture

Promise the Sky and You Risk Being Blown Away: Unwise Chinese Firm Investment Promises

It has become de rigeur for Chinese companies investing overseas to make all kinds of promises to defuse host community anxieties, to smooth the deal approval process, and to win government investment incentives. For instance, in 2010, when Chinese bus maker BYD Motors, Inc.

MNCs in the News-2015-07-24

China’s utilized foreign direct investment (FDI) in first six months of 2015 increases significantly over the same period in 2014. Chinese Ministry of Commerce (MOFCOM) expects solid FDI inflow results for 2015. China’s move to create incentives for traditional gas-powered hybrids may open opportunities for foreign car companies in China. Chinese outward FDI is on a path to exceed inward FDI. Tsinghua Unicom’s pursuit of Micron raises all kinds of anxieties. Chinese FDI dominates Myanmar investment scene. U.S. Federal Reserve Bank requires China Construction Bank to shape up it anti-money laundering rules. China’s Industrial and Commercial Bank of China promises to help Kenya realize new gains. Japan’s Mitsubishi Materials apologizes for use of slave laborers during Second World War and reports suggest it may offer compensation. Japan Tobacco International faces opposition in Taiwan to massive plan investment proposal. Indonesia remains Southeast Asia’s premier FDI destination, but faces challenges in reaching 2015 targets. Thailand attracts more investment projects in July, but value of investment falls