China Communications Construction

MNCs in the News-2015-01-23

HP faces worker protests at telecommunications equipment subsidiary in China. China’s Ministry of Commerce (MOFCOM) proposes numerous important legal changes pertaining to foreign direct investment (FDI). China to legalize Variable Interest Entities, though longer-term consequences remain unclear. China plans to vet foreign Information Technology (IT). China’s Cyberspace Administration accused of hacking Microsoft Outlook, a charge it strongly refutes. China plans to build massive hundred billion dollar high-speed railway connecting Beijing and Moscow. Sri Lanka shifts from threatening cancellation of Chinese Colombo port deal to seeking renegotiation. Japanese FDI in China plummets in 2014 due to diverse political and other factors. The Korean Fair Trade Commission (KFTC) slaps penalties on Volvo and J Commerce for false advertising. Indonesian Trade Minister Rachmat Gobel courts Japanese investors during visit to Japan. Taiwanese Economic and Trade Office in Indonesia representatives pursue closer investment relationship with Indonesia.