India

MNCs in the News-2015-09-04

Chinese authorities impose penalties on Pfizer for problems relating to erection of Viagra displays. Mainland government policies like the Silk Road Initiative and other factors influence Taiwanese Electric and Electronic Manufacturer’s Association new rankings of favored mainland investment destinations. China Development Bank (CDB) intensifies funding for Chinese overseas investments, deeming the “timing for acquisition is very good.” China Railway Rolling Stock Corporation breaks ground on subway car factory in Springfield (USA). US will take action against Chinese individuals and companies involved in commercial espionage. Japanese companies worth with Japanese universities and government agencies to attract talented IT students, especially from India. Indonesia inward foreign direct investment (FDI) ranked highest among all Association of Southeast Asian Nations (ASEAN) members in the first semester of 2015. Indonesia finally opts to cancel its high-speed rail project disappointing Chinese and Japanese bidders. Foxconn balks at building electronics factory in Indonesia due to government unwillingness to provide free land. Thailand examines boosting incentives for investing in certain sectors in its special economic zones (SEZs). Vietnam draws increasing FDI in its processing and manufacturing sectors especially from Korea. Mongolian Minister negotiating deal over Tavan Tolgoi throws cold water on idea a deal will be struck soon. APEC creates fund to support open trade and investment in mining and sustainable mining.

Dr. Amitendu Palit's picture

India as the New Destination for East Asian Assembling and Its Implications

Chinese smartphone producer Xiaomi has tied up with Taiwanese electronics contract manufacturer Foxconn to manufacture mobile phones in India. The first batch of Xiaomi phones (Redmi 2 Prime) assembled by Foxconn in India’s southern state of Andhra Pradesh was launched recently. Greater low-cost phone production by Xiaomi in collaboration with Foxconn will be enthusiastically welcomed by Indian consumers given their voracious appetite for mobile phones:

MNCs in the News-2015-08-07

Foreign car companies launch recalls for cars imported into and produced in China. GlaxoSmithKline rehires employee who may have revealed its bribery activities in China. China public security organs will establish network security offices in leading Internet firms. Facing soaring costs at home, Chinese textile firms invest in the US to take advantage of lower production costs. Chinese firms increasingly planting agricultural investment in places like Australia. Mitsubishi Materials arrives at a settlement with conscripted Chinese workers. Japan will send high-level minister to Iran to explore investment and trade opportunities. Korean Economic Research Institute calls for government to reduce restrictions and provide better services to improve Korea’s inward FDI performance. Australian court overturns massive Adani group (India) mine, rail, and port project in Australia. Indonesia to issue new tax holiday policy. Vietnam touts growing M&A and policies to support greater foreign investment in Vietnam. Vietnam recognizes contribution of foreign firms to promoting the sale of Vietnamese goods.

Dr. Manochehr Dorraj's picture

The Return of the Middle East to its Asian Home? The Expanding Middle East-Asia Nexus and its Ramifications, part I

“The Asianization” of the Middle East, fostered by expanding trade, energy, immigration, military and political ties between Asia—most notably, China, Japan, South Korea, India and the region—foretells a political realignment in which the Asian powers are filling the vacuum created by diminishing US and European influence. The most significant indicator of this trend is China’s expanding energy-related trade and investment links with the region, complemented by substantial increases in bilateral trade, military and political ties.

MNCs in the News-2015-07-17

Food labeling scam smears name of German grocery chain in China. Tsinghua Unigroup Ltd. to bite at US chipmaker Micron Technology. China pursues investment in European Fund for Strategic Investments. Chinese solar firms invest overseas to jump trade barrier walls and diversify. Huawei connects to EU 5G Public Private Partnership. Malaysian Investment Development Authority touts the country’s jump in a Foreign Policy magazine ranking of foreign investment destinations. Malaysian officials encourage Chinese investment in non-construction sector and in building up Malaysia’s internal transportation network. Vietnam holds forum to solicit expect views on foreign investment in the agricultural sector. Vietnamese software firm gains coveted license to run wholly owned telecommunications service operation in Myanmar. Google adjusts name of disputed South China Sea reef in response to Filipino protests.

MNCs in the News-2015-07-10

China tells foreign businesses to stop whining. China’s Ministry of Commerce (MOFCOM) reports that China’s three new free trade zones (FTZs) have attracted significant foreign direct investment (FDI). China’s draft cybersecurity law raises new concerns among foreign technology firms and foreign companies operating in China. China’s heavy outward FDI to and presence around Angola raise concerns among Angolans. Tokyo hosts “Mekong Five” leaders summit to promote export, investment, and infrastructure opportunities for Japanese firms. Japan looks to beat China to build the first deep-water port in Bangladesh. Thai Prime Minister Prayut Chano-Cha courts greatest Japanese investment in Thailand’s special economic zones. Indonesia’s state energy firm Pertamina asserts ownership over the Mahakam block. Indonesia to revoked thousands of unused investment permits issued between 2000 and 2006. Freeport-McMoRan moves to divest mining shares pursuant to Indonesia government regulations. Vietnam moves to build investment and business cooperation in ICT with Japan and South Korea. Vietnamese Communist Party General Secretary promises administrative reforms on tax and customs procedures to create a better investment climate for foreign businesses.

MNCs in the News-2015-06-26

China and US will exchange revised Negative Lists pursuant to their Bilateral Investment Treaty (BIT) negotiations. China undertakes various initiatives to bolster the e-commerce sector in China including opening the sector to foreign investors. Chinese steel companies contemplate investment in Southeast Asia, pushed by government and pulled by host country attractions. Taiwan’s Hon Hai will build vertically integrated supply chain in India to tap into Indian Prime Minister Narendra Modi’s “Make in India” scheme. Japanese development agency, Japanese companies, and Myanmar work together on training initiative to lay a foundation for future railway investment opportunities. Indonesia works to court Chinese and Japanese investors in labor-intensive and export-oriented areas. Outward investment from Singapore plummets 78.1 percent year-over-year in first half of 2015

Dr. Amitendu Palit's picture

Chinese Businesses Take Interest in “Make in India”

Indian Prime Minister Narendra Modi launched the “Make in India” program in September 2014. The program aims to make India a global hub for several manufacturing and services industries. Manufacturing sectors include automobiles, automobile components, chemicals, defense manufacturing, electrical machinery, electronic systems, food processing, leather, pharmaceuticals, textiles and garments.

MNCs in the News-2015-05-22

China sets up China Investment Corporation (CIC) subsidiary to support outward investment and the export of advanced industrial capacity. Chinese government will support expansion of e-commerce globally and sector’s growth within China. China’s investment in Brazil to surge in both form and amount. US Department of Energy (DOE) reported discourages Chinese investment in US LNG export projects. China National Petroleum Corporation affiliate concludes oil production expansion deal in Abu Dhabi. Indian Prime Minister Modi touts his “Made in India” program during a visit to Korea. Thai Deputy Prime Minister urges Japanese leader Abe Shinzo to encourage more Japanese investment in Thailand’s growing industrial sector. Indonesia’s Investment Coordinating Board fields complaints from Chinese investors during road show in Beijing and succeeds in concluding billions in investment commitments. Indonesian high-level delegation visit to Japan sparks new Japanese corporate investment and partnerships on coal gasification. Vietnam reports Japan is Vietnam’s second largest foreign investor and a major investor in processing and manufacturing.

Dr. Amitendu Palit's picture

China-India Sister Cities Synergies and Implications for Business

Indian Prime Minister Narendra Modi’s first official visit to China in May 2015 is expected to lay the foundation for expanding the two Asian giants’ budding model of cross-border business and people-to-people contact: the sister-city arrangement. The future growth of such arrangements already is manifest in a slew of “sister city” arrangements planned between Chinese and Indian cities. The foundations of such interactions go back to 2013 when decisions were made to connect Delhi and Beijing, Bengaluru and Chengdu, and Kolkata and Kunming as sister cities.

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