Chinese OFDI

Wong MNC Center Executive Director Jean-Marc F. Blanchard Gives Two Speeches at 2023 International Studies Association Annual Meeting

In mid-March, Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center), gave two speeches at the 2023 International Studies Association Annual Meeting, one of the largest global gatherings of international relations specialists, in Montreal, Canada.

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Circling around China’s Dual Circulation Policy, part III-Implications for China’s Outward FDI

Dr. Jean-Marc F. Blanchard
Posted: Feb 14, 2021

This piece complements two earlier pieces that, respectively, overviewed China’s Dual Circulation System (DSC) and pondered its implications for inward foreign direct investment (FDI) into China. It specifically focuses on the potential ramifications of the DCS for Chinese outward FDI (OFDI). Prima facie one logically might expect the DCS to moderate Chinese OFDI since its goals include inter alia enhancing China’s indigenous capabilities, insulating China from an occasionally hostile external environment, and increasing domestic consumption and production. In actuality, though, these and other DCS aims do not support the premise the DCS will result in Chinese money shunning the outside world.

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Small Waves Precede Tidal Waves: American Sanctions on Chinese Companies involved in South China Sea Island Building and their Larger Ramifications

Dr. Jean-Marc F. Blanchard
Posted: Aug 30, 2020

The United States (US) Department of Commerce recently blacklisted two dozen Chinese firms which it said, “played a ‘role in helping the Chinese military construct and militarize the internationally condemned artificial islands in the South China Sea.’” Companies listed included Guangzhou Haige Communications Group, China Shipbuilding Group, and China Communications Construction Co. (CCCC). The US State Department later accused CCCC and its subsidiaries of “‘corruption, predatory financing, environmental destruction and other abuses.’”

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Dancing while Watching the Clock: Tik Tok’s Woes in India

Dr. Jean-Marc F. Blanchard
Posted: Jul 06, 2020

ByteDance is facing up to USD $6 billion in losses from the Indian government’s decision to ban almost five dozen Chinese mobile phone apps including its Tik Tok and Helo.

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Europe Facing Disconnection Disaster over Huawei and Curbs on Chinese Companies?

Dr. Jean-Marc F. Blanchard
Posted: Dec 30, 2019

European countries like Germany, the United Kingdom, and Norway have been struggling over the extent to which they should use equipment and services and accept foreign direct investment (FDI) from Chinese telecommunication firms.

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No Promise Left Behind: The Effort to Court EU FDI through a China-EU BIT

Dr. Jean-Marc F. Blanchard
Posted: Nov 07, 2019

China and the European Union (EU) have been discussing a bilateral investment treaty (BIT) for a long time. Indeed, the two sides held their 21st round of China-EU BIT negotiations in June 2019.

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Europe and Chinese Foreign Direct Investment: Screening the Screen

Dr. Jean-Marc F. Blanchard
Posted: Dec 02, 2018

Chinese outward foreign direct investment (FDI) is not a particularly new story as far as European Union (EU) countries are concerned.

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Vietnam, Special Economic Zones, and the “Problem” of Chinese FDI

Dr. Jean-Marc F. Blanchard
Posted: Jun 25, 2018

To spur economic development, Vietnam has been, among other strategies, moving to establish special economic zones (SEZs). As elsewhere, these SEZs offer special privileges like long-term leases up to 99 years, tax breaks for companies and workers, and discounts on water and other service charges. In Vietnam’s case, SEZs recently have become a lightning rod for public protest rather than a cause to celebrate Hanoi’s economic acumen.

MNCs in the News-2016-05-20

Chinese committee has been examining technology products (hardware, software, and other) sold by by big foreign companies for security risks. Apple CEO Tim Cook meets with Chinese officials in an additional effort to curry government favor. Beijing Automotive Industry Holding Co. has big globalization plans which include working with foreign government partners. Nissan faces South Korea fines and mandatory recall as well as consumer lawsuits over so-called emissions defeat device. South Korean CJ Group senior managers meet with top level Indonesian delegation to discuss cooperation. At forum in Seoul, Indonesian president welcomes more Korean investment and emphasizes his government’s progress in creating a better investment environment. Indonesian Energy and Mineral Resources Minister Sudirman Said meets with US companies to tout investment opportunities in the energy sector. Thailand and China continue negotiations to settle on cost estimates for the Bangkok-Nakhon Ratchasima high-speed rail project. Uber Technologies press Thai officials to legalize its services. Singaporean investors continue to remain important to Vietnam. Vietnam’s State Capital Investment Corporation and the Russian Direct Investment Fund sign MoU to establish a Russian-Vietnamese investment platform.