Gardner Aerospace

China’s Ministry of Commerce (MOFCOM) says inward foreign direct investment (FDI) was solid for the first six months of 2018 year-over-year. Some observers see China opening to foreign deals because of external pressure as well as slowing inward FDI (IFDI). Merkel praises Chinese market opening moves as a sign of action, not just talk. Shaanxi Ligeance Mineral Resources Co. deal for United Kingdom (UK)’s Northern Aerospace grounded apparently for national security reasons. Japanese regulators mashing Apple over forcing customers to opt for particular product/service plans. Recent report reveals Japan moves up to third in US FDI while overall FDI drops due to US government plans to toughen regulations. Taisho Pharmaceutical Holdings to raise stake in top Vietnamese drugmaker DHG Pharmaceutical as Vietnamese authorities approve removal of foreign ownership limit at DHG.Chinese government approves LG Display’s OLED display production facility in Guangzhou. South Korea and Singapore sign two agreements aimed at strengthening bilateral investments and trade by promoting collaboration between companies.

China to release two enhanced negative list for inward foreign direct investment (FDI) in July. Australia keeps hanging up on Huawei despite the latter’s efforts to gain new business opportunities. British officials seem reluctant to let a Chinese-owned British firm’s deal for a small airplanes part maker take off. Warming political relations between China and India provide a fertile environment for the growth of Chinese outward FDI (OFDI) in Indian start-ups. Japan Automobile Manufacturers Association stresses Japanese carmakers’ investment contribution to the US in move to undermine criticism from President Donald Trump. Japan’s financial regulator tells Japanese banks to report suspicious money transfers involving ten Japan-North Korea joint ventures. Chinese government to give LG Display approval to launch USD $6.7 billion OLED plant in Guangzhou, though partnerships with Chinese competitors may be required. SK Engineering & Construction signs letter of intent with Manila on USD $2 billion investment plan for environmentally friendly coal-fired power plants. Mahathir says Malaysia could extend new tax incentives for foreign investment in areas such as technology and research and development. Malaysia seeks to recoup USD $4.5 billion of funding that was potentially lost through 1MDB corruption scandal