wartime compensation

MNCs-2019-10-04

China’s Financial Stability and Development Committee recently emphasized that the country will take further steps to promote “two-way financial opening.” Despite China’s general and targeted efforts to bring in more foreign investors, investors are holding back on investments partly because of China’s capital controls. It appears that Chinese venture capital (VC) flows into the US for 2019 will run even lower than 2015, a particularly abysmal year for VC investment. Iraq has said that it will sign on to China’s Belt and Road Initiative. The Japanese government has submitted a bill to the Diet pursuant to which the threshold for reviewing foreign direct investment (FDI) in sensitive sectors will plunge from 10 to 1 percent. Japan-Korea parliamentary unions work to facilitate the resolution of Japan-Korea economic and political tensions, though their actual influence seems limited. Automobile production by foreign firms in Korea is plunging to post-Great Financial Crisis levels due in part to labor problems. US President Donald Trump tweets for joy about Hyundai Motor Group’s joint venture with Aptiv.