FDI

Executive Director Jean-Marc F. Blanchard Interviewed for FinanceAsia story examining internal struggles at US-listed Chinese firms facing delisting risk

On November 21, 2022, FinanceAsia published a story entitled “US-listed Chinese Firms Wracked by Infighting amid Delisting Threat” that examined the delisting threat facing more than 160 companies listed on United States (US) stock exchanges pursuant to the 2020 Holding Foreign Companies Accountable Act and the unexpected responses of some companies to the threat. Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H.

Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations orchestrates successful workshop on the effect of Chinese outward FDI in Southeast Asia

In early October, the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) hosted a workshop entitled “The Effects of Chinese Outward FDI in Southeast Asia” in the San Francisco Bay Area (California, USA). This 1-1/2 day workshop, organized and sponsored by the Wong MNC Center, drew leading academics, researchers, and policymakers from China, Malaysia, Singapore, Thailand, and the United States.

China’s FDI Flight Fantasies and Avoiding Corresponding Follies

The sky for foreign direct investment (FDI) in the People’s Republic of China (PRC/China) is falling per a slew of recent news articles. The evidence? A large percentage of China inward FDI (IFDI) is from Hong Kong and a notable percentage of this money is “round tripping” (i.e., money flowing from the PRC through Hong Kong and then back to the PRC). In addition, more companies are shifting operations to other destinations.

Executive Director Jean-Marc F. Blanchard Interviewed for International Financial Law Review Story on US-China Audit Deal

On August 29, 2022, Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, was interviewed by International Financial Law Review (IFLR) for a story on the August agreement between the United States (US) Public Company Accounting Oversight Board (PCAOB) and the China Securities Regulatory Commission (CSRC) that permits, in concept, American regulatory authorities to review freely, in Hong Kong, the audit records of Chinese companies listed on American stock exchanges as well as interview auditors.

Businesses and the Risk of Taking Stock in the Infrastructure Alphabet Soup Game

At the recent Group of Seven (G-7) meeting in Germany, the attending countries put forth the “Partnership for Global Infrastructure and Investment” (PGII), which is a revised version of the Build Better Back World (B3W) scheme that was launched at last year’s G-7 meeting. While there was never any concrete figure attributed to B3W, the United States (US) touted B3W would catalyze “hundreds of billions of dollars of infrastructure investment” for developing countries.

Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations Sponsors MNCs Segment of Golden State International Relations Observer Podcast

In June 2022, the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) became a sponsor of the portion of the Golden State International Relations Observer Podcast covering the international relations of California’s top multinational corporations (MNCs) such as Apple, Chevron, and Disney, among others.

Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations Wins Wong Foundation Grant for Digital Silk Road research project

In May 2022, the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center), an independent, California based non-profit think tank, won a $55,000 grant from the Mr. & Mrs. S.H. Wong Foundation to fund a multi-year, multi-country research project on China’s Digital Silk Road Initiative (DSR), part of China’s larger Belt and Road Initiative. This grant will allow Wong MNC Center Executive Director Dr. Jean-Marc F. Blanchard and Wong MNC Center Senior Research Fellow Dr.

Dr. Jean-Marc F. Blanchard's picture

China and IPR, part I-A Persistent Problem with Property?

China’s protection of intellectual property (IP) remains a continuing and serious issue for foreign companies as the United States Trade Representative (USTR) made manifest in its 2021 Section 301 report and 2021 Report to Congress on China’s World Trade Organization (WTO) Compliance and the European Commission conveyed clearly in its 2021 Repor

Wong MNC Center Executive Director Jean-Marc F. Blanchard, Ph.D. Presents Paper at International Studies Association Annual Meeting

At the 2022 International Studies Association annual meeting in Nashville, Tennessee, Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, presented a paper about Chinese outward foreign direct investment (FDI) and technology transfer (TT) to host countries; i.e., the places where FDI takes place, focusing on developing countries. Dr.

MNCs in the News - 2022-February

Didi Global retreats from its announced decision to cease operations in Russia. Chinese businesses in Ukraine have taken various steps to protect their workers and projects following Russia’s invasion of Ukraine. Indian tax officials launch tax probe of Huawei’s offices in India, raising further concerns about India’s stance towards Chinese tech companies. China Unicom Global criticizes the United States (US) Federal Communication Commission’s decision to terminate the operating license of its US subsidiary. As part of its contribution to Western sanctions against Russia, Japan institutes various economic sanctions against Russian businesses in Japan and implements a number of export restrictions, too. Extant Japanese economic sanctions against Russia and the possibility of more increase Japanese corporate concerns about the adverse ramifications for payments, operations in Russia, and lost export sales. The Korea Communications Commission tells both Apple and Google that they need to redo their plans for complying with Korea’s Telecommunication Business Act which has ramifications for in-app payment systems. Korean construction firms encounter multiple challenges as a result of Russia’s invasion of Ukraine and the subsequent imposition of economic sanctions on Russia.

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