Silk Economic Belt

MNCs in the News-2015-05-08

China’s State Administration for Industry and Commerce (SAIC) probes…and not…Siemens China healthcare unit over possible bribery. Trademark infringement case throws American shoe company New Balance off balance. Various factors are greasing the way for increased Chinese investment in Russian energy and other sectors. U.S.-China Economic Security Commission publishes report charging Chinese companies with using Chinese law to escape “the jurisdiction of U.S. courts and regulatory agencies.” China’s State Council champions overseas investment as a way to promote exports along the Silk Economic Belt and Maritime Silk Road. Huawei bolsters its R&D activities and contributions in Brazil. US National Highway Transportation Safety Administration puts brakes on individual US citizens’ request it conduct an investigation of Toyota (Japan) 2006-2010 Corolla model cars. Provisions of Korea-Vietnam Free Trade Agreement expected to contribute to increase Korea investment in Vietnam.