FDI

Chilean Ambassador to China speaks at Wong MNC Center sponsored panel

Jorge Heine, Ph.D., Ambassador of the Republic of Chile to China, presented a paper entitled “The Chile-China Paradox: Burgeoning Trade, but Hardly Any Investment” for the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporation’s sponsored panel on “The Political Economy of China-Latin America Investment Relations” held at the Association of Chinese Political Studies’ 28th Annual Conference and International Symposium on “China and the Changing World Order” which was held at Peking University (Beijing, China).

MNCs in the News-2015-05-29

Hewlett-Packard (HP) sells majority stake in Chinese networking division to Tsinghua University. Beijing will open its service sector to spur greater foreign investment. Blocked Twitter actively courts Chinese companies at Shanghai event. China’s Ministry of Industry and Information Technology contemplates new software security guidelines. Chinese gold miners in Sudan face unexpected loss of business opportunities due to sudden government termination order. Japanese Prime Minister Abe proposed huge increase in infrastructure financing to aid Japanese businesses and counter China. Indonesia’s Investment Coordinating Board and Indonesian Consulate General in Osaka sign agreement to cooperate on attracting Japanese investment into Indonesia’s maritime sector. Indonesia reaffirms it will takeover Total’s Mahakam gas block and a PT Freeport Indonesia controlled gold site. Vietnam expects law changes to spur new foreign direct investment (FDI) flows into its construction sector. Russia and Vietnam probe expanded investment cooperation.

MNCs in the News-2015-02-13

China’s National Development and Reform Commission (NDRC) hangs up anti-monopoly case against Qualcomm. American Chamber of Commerce survey of 477 firms in China reveals business concerns about numerous issues. China’s All China Federation of Trade Unions (ACFTU) charges Foxconn Technology Group with abusing its workers and Foxconn fights back. Local labor district and labor union mediation helps to settle labor severance dispute at Citizen Guangzhou factory. American and European government representatives and business associations express displeasure with cyberspace situation in China. Chinese investments in Europe soar and Chinese government calls for Greece to protect Chinese investments. ISIS’s murder of Japanese citizens leads to changes in Japanese company operating strategic and environment. The Korean Fair Trade Commission (KFTC) initiates an antitrust investigation against Qualcomm. Taiwan Ministry of Economic Affairs gets into gear to attract foreign investment.

MNCs in the News-2015-01-30

United Nations Conference of Trade and Development (UNCTAD) data shows China reigns supreme in terms of inward foreign direct investment (FDI). Despite concerns, business and reform motives drive China’s Ministry of Finance to approve Chia Tai Bright Investment Co. Ltd.’s joint venture (JV) 20 percent stake in Citic Ltd. China moves to intensify support for domestic semiconductor sector to increase information security and advance domestic innovation. Information security in the banking sector becomes a priority for the China Banking Regulatory Commission (CBRC) raising new challenges for foreign firms. China’s requirements for foreign information technology company information disclosures provoke foreign business complaints and calls for “urgent discussions.” Ministry of Industry and Information Technology (MIIT) representative says blockage of VPNs part of measures China adopting to protect Internet security. China will boost the internationalization of its firms through various measures and money. China and African Union sign Memorandum of Understanding (MOU) to advance China’s involvement in African infrastructure and continental integration. Japanese auto parts maker Sanden settles pricing fixing case with the US Justice Department. The Korean Fair Trade Commission (KFTC) probes 5 Japanese and German auto parts companies for price fixing. Seoul awards multiple trillion won public safety network contract to Huawei.

Dr. Jean-Marc F. Blanchard's picture

Trying to Turn Gold into Lead: Mislabeling Chinese-American FDI in Africa

The first US-Africa summit took place in August. It afforded the US an opportunity to show it was not completely distracted by events in Gaza and Ukraine. It also gave US businesses, encouraged by US President Barack Obama, a chance to strike deals with giants like Coca-Cola, General Electric, and IBM and investors like Blackstone pouring $14 billion into Africa. Not surprisingly, Western media seized upon the summit to raise the issue about the US-China competition in Africa (even Chinese media jumped on this bandwagon) and whether or not the summit showed the US was catching up.

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