Chinese State-Owned Enterprises and U. S. -China Bilateral Investment

Chinese State-Owned Enterprises and U. S. -China Bilateral Investment PDF Author: U. S. -China Economic and Security Review Commission
Publisher: Createspace Independent Publishing Platform
ISBN: 9781475293104
Category :
Languages : en
Pages : 136

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Book Description
Today's hearing will examine three aspects of China's economic policy. The first is China's state-owned or state-controlled companies and industries, which together constitute an estimated 30 to 40 percent of China's economy. These companies, generally the largest ones in China, are operated and managed by the central government of the People's Republic. They are an instrument of state power as well as the centerpiece of China's industrial policy. They receive massive government subsidies and are protected from competition from foreign companies. But, we also need to understand what other Chinese entities are doing - not a simple task. Beyond the state-owned or state-invested enterprises, there are companies that act under the direction of the state or with delegated authority. We need to understand the implications of their efforts. Two separate panels will examine U.S. direct investment in China and Chinese direct investment in the United States. Both forms of investment have been increasing, especially U.S. investment in China. As you will hear, more than half of the imports to the United States are from foreign invested enterprises in China.

Chinese State-Owned Enterprises and U. S. -China Bilateral Investment

Chinese State-Owned Enterprises and U. S. -China Bilateral Investment PDF Author: U. S. -China Economic and Security Review Commission
Publisher: Createspace Independent Publishing Platform
ISBN: 9781475293104
Category :
Languages : en
Pages : 136

Get Book Here

Book Description
Today's hearing will examine three aspects of China's economic policy. The first is China's state-owned or state-controlled companies and industries, which together constitute an estimated 30 to 40 percent of China's economy. These companies, generally the largest ones in China, are operated and managed by the central government of the People's Republic. They are an instrument of state power as well as the centerpiece of China's industrial policy. They receive massive government subsidies and are protected from competition from foreign companies. But, we also need to understand what other Chinese entities are doing - not a simple task. Beyond the state-owned or state-invested enterprises, there are companies that act under the direction of the state or with delegated authority. We need to understand the implications of their efforts. Two separate panels will examine U.S. direct investment in China and Chinese direct investment in the United States. Both forms of investment have been increasing, especially U.S. investment in China. As you will hear, more than half of the imports to the United States are from foreign invested enterprises in China.

Why China Wants a Bilateral Investment Treaty with the United States

Why China Wants a Bilateral Investment Treaty with the United States PDF Author: Daniel C. K. Chow
Publisher:
ISBN:
Category :
Languages : en
Pages : 30

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Book Description
With much fanfare, the United States and China have recently begun negotiating a high level Bilateral Investment Trade (BIT) that is intended to significantly increase reciprocal flows of capital investment in both countries. This capital can be used in invest in or acquire existing companies in the host sate by companies located in the investor state. The United States believes that a BIT will help “level the playing field” for U.S. companies because many lucrative sectors in China are either completely closed to foreign investment or are subject to restrictions. The United States believes that a BIT will bring new business opportunities for U.S. companies in China and will also encourage Chinese companies to establish new companies or acquire existing companies in the United States, leading to more American jobs. While the benefits to the United States are often touted, there is little analysis in the media or commentary about the benefits to China of a BIT. As China is a one Party state, China will not enter into a BIT with the United States for economic reasons alone but also for political, strategic, and policy reasons. This article identifies three key strategic objectives for China under a U.S.-China BIT: (1) expansion of the reach and power of China's massive state-owned enterprises; (2) acquisition of U.S. technology and intellectual property assets; and (3) evasion or mitigation of the effects of border measures imposed by the United States on imported goods from China. All three objectives are crucial to China's long term global strategy to become a leading power in international business and trade.

Toward a US-China Investment Treaty

Toward a US-China Investment Treaty PDF Author: Jeffrey J. Schott
Publisher: Peterson Institute for International Economics
ISBN: 0881327077
Category : Business & Economics
Languages : en
Pages : 112

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Book Description


China's Continued Reforms In A New Era: Their Impact On Chinese Foreign Direct Investments And Rmb Internationalization

China's Continued Reforms In A New Era: Their Impact On Chinese Foreign Direct Investments And Rmb Internationalization PDF Author: Xugang Yu
Publisher: World Scientific
ISBN: 981121266X
Category : Political Science
Languages : en
Pages : 336

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Book Description
This book studies the new economic and financial reforms China is adopting to advance its economy, and the policies behind the Chinese Outbound Direct Investment (ODI). It also aims to illustrate the impact of China's reforms on Chinese Outward Investments, and the Internationalization of the RMB.The book explores the new wave of reforms, especially in the financial sector, together with President Xi Jinping's vision for a shared future for mankind together with his explanation on the 'new Era'. In fact, China is entering a 'New Era' and transforming its economy into a more sophisticated one, upgrading the industrial sector and introducing specific and dedicated reforms in the SOEs (State Owned Enterprises) to render them more efficient and allow them to compete fairly at the international level.The book also focuses on RMB 'internationalization'. It also contains an addendum on trade frictions between China and the US.

The Clash of Capitalisms?

The Clash of Capitalisms? PDF Author: Ji Li
Publisher: Cambridge University Press
ISBN: 1108625320
Category : Law
Languages : en
Pages : 279

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Book Description
Chinese foreign direct investment in the United States has generated intense debates. Some welcome it for the immediate benefits such as job creation; others view Chinese investments, especially those controlled by the Chinese government, as a critical threat. The debates have so far missed an important question: how do Chinese companies investing in the US react to the host country's law? Ji Li formulates a novel analytical framework to examine the adaptation of Chinese companies to general US institutions and their compliance with US laws governing tax, employment equality, and national security review of foreign investments. The level of compliance varies, and this variation is examined in relation to company ownership, including state ownership. Li's analysis is based on interviews and a unique and comprehensive dataset about Chinese companies in the United States that has never been systematically explored.

Reforming China's State-owned Enterprises

Reforming China's State-owned Enterprises PDF Author: Shangquan Gao
Publisher: Beijing : Foreign Languages Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 252

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Book Description


China's International Investment Strategy

China's International Investment Strategy PDF Author: Julien Chaisse
Publisher: Oxford University Press
ISBN: 0192562428
Category : Law
Languages : en
Pages : 576

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Book Description
Since China adopted its 'open door' policy in 1978, which altered its development strategy from self-sufficiency to active participation in the world market, its goal has remained unchanged: to assist the readjustment of China's economy, to coordinate its modernization programs, and to improve its quality of life. With the 1997 launch of the 'Going Global' policy, an outward focus regarding foreign investment was added, to circumvent trade barriers and improve the competitiveness of Chinese firms. In order to accommodate inward and outward investment, China's participation in the international investment regime has underpinned its efforts to join multilateral investment-related legal instruments and conclude international investment agreements. This collection, compiled by award-winning scholar Professor Julien Chaisse, explores the three distinct tracks of China's investment policy and strategy: bilateral agreements including those with the US and the EU; regional agreements including the Free Trade Area of the Asia Pacific; and global initiatives, spear-headed by China's presidency of the G20 and its 'Belt and Road initiative'. The book's overarching topic is whether these three tracks compete with each other, or whether they complement one another - a question of profound importance for the country's political and economic future and world investment governance.

Outward Foreign Direct Investment of Chinese Enterprises

Outward Foreign Direct Investment of Chinese Enterprises PDF Author: Wei Tian
Publisher: Springer Nature
ISBN: 9811947198
Category : Business & Economics
Languages : en
Pages : 261

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Book Description
This book focuses on China's fast-growing outward foreign direct investment (ODI) and discusses the underlying causes and profound effects of Chinese enterprises’ “going global.” The book includes eight chapters to analyze the basic characteristics of China's ODI manufacturing enterprises, examine the relationship between enterprise productivity and ODI, investigate the differences between state-owned enterprises and private enterprises in factor market, enterprise ownership and investment, analyze the overall effect of the foreign direct investment (FDI) and thereby the China–US bilateral investment treaties (BIT) on Chinese manufacturing sector in terms of productivity and profitability of the firms. The last chapter provides an overview of China’s three stages of economic reform and opening-up policy in the past four decades, and analyzes the reasons for China’s realization of the splendid economic achievements within such a short time and the main driving forces of China’s incremental international trade in different stages, and discusses the future tasks that would promote the country into a new stage of all-round opening-up. The book aims to illustrate the evolution of China’s opening-up design during the past decades and discuss several most important measures to build an all-around opening-up strategy. Based on these profound analyses, the book provides further policy implication for the sustainable development of China’s opening-up.

The U. S. -China Bilateral Relationship

The U. S. -China Bilateral Relationship PDF Author: U.S.-China Economic and Security Review Commission
Publisher: Nova Science Publishers
ISBN: 9781624178139
Category : China
Languages : en
Pages : 0

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Book Description
This book provides an overview of recent developments in the U.S.-China trade and economic relationship. The role of state-owned enterprises in China is discussed, as is the U.S.-China trade and investment relationship; recent developments in China's military; China's cyber capabilities; developments in China's nuclear and strategic abilities; China in the South China Sea, Taiwan, Hong Kong and Europe; China's demand and control of global resources; China's efforts to become a more innovative society; and the Chinese political transition.

The U.S.-China Bilateral Relationship

The U.S.-China Bilateral Relationship PDF Author: Karen Lasonde
Publisher:
ISBN: 9781624178146
Category : Political Science
Languages : en
Pages : 447

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Book Description
This book provides an overview of recent developments in the U.S.-China trade and economic relationship. The role of state-owned enterprises in China is discussed, as is the U.S.-China trade and investment relationship; recent developments in China's military; China's cyber capabilities; developments in China's nuclear and strategic abilities; China in the South China Sea, Taiwan, Hong Kong and Europe; China's demand and control of global resources; China's efforts to become a more innovative society; and the Chinese political transition.