Download or read book Upgrading Bilateral Investment Treaties to Promote China s Outbound Foreign Direct Investment written by Sarah Y. Tong and published by . This book was released on 2014 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China s International Investment Strategy written by Julien Chaisse and published by . This book was released on 2019 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the three tracks of China's investment policy and strategy: bilateral agreements, regional agreements, and global initiatives. Its overarching topic is whether these three tracks compete with or complement one another - a question of profound importance for China's political and economic future and world investment governance.
Download or read book China and the Global Governance of Foreign Direct Investment The Emerging Liberal Bilateral Investment Treaty Approach written by Axel Berger and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic and political rise of China has led to considerable controversy regarding potential repercussions for the current global governance architecture. At least two opposing scenarios are conceivable: China's adaptation to the rules and norms system shaped by developed countries or the pursuit of a distinctive policy approach, a possibility that involves the danger of clashing regulatory policies. A recent and increasingly dynamic trend giving substance to the phenomenon of China's rising importance is the growth of outward foreign direct investments (OFDI) by Chinese enterprises. Against this background, the present paper investigates the evolution and change of Chinese international investment policy-making, with a particular focus on bilateral investment treaties (BITs) as the most important legal instrument for the governance of global foreign direct investment (FDI) flows. China has been a committed signatory of BITs since the early 1980s (120 treaties up to 2007). It is thus the second most active contracting party to BITs worldwide, surpassed only by Germany. The traditional Chinese BIT approach, however, has only cautiously supported the legal protection of FDI. As a mere capital-importer, China concluded BITs that contained serious reservations and safeguards intended to preserve policy spaces for the regulation of incoming investments. Starting at the end of the 1990s the Chinese government initiated a decisive policy shift towards a liberal BIT approach characterized by high levels of substantive and procedural investment protection. Upon examining a representative sample of Sino-foreign BITs, this study concludes that the policy shift was a pro-active decision of the Chinese government intended to introduce liberal treaty provisions first and foremost with developing countries which are the main destination of Chinese OFDI. A further explanation for this development may be found in the great importance attached to the promotion of OFDI through the “Going Global” strategy announced by the Chinese government at the end of the 1990s. In sum, this paper concludes that China has adopted a complementary rather than a competitive approach in the field of global FDI governance. China has fully agreed to standards of the current international liberal regime for FDI protection and has become an important global player in this context. This policy shift will yield consequences for China itself by levelling the playing field for international investors. Furthermore, developing countries that have concluded BITs with China will face a further reduction of their legal and regulatory autonomy, which is already limited by treaties with developed countries. China's BIT policy, therefore, contradicts the widespread rhetoric of a mutual beneficial South-South cooperation. Lastly, the emerging complementarity of investment policies between China and developed countries at the bilateral level gives rise to the possibility of enhanced cooperation between both at higher levels, for instance as part of the Heiligendamm Process between G8 countries and emerging countries.
Download or read book China s Outbound Foreign Direct Investment Promotion System written by Changhong Pei and published by Springer. This book was released on 2015-03-20 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book outlines China’s current overseas investment promotion system, analyzing the general situation and the main problems arising during its development. Based on investigations of both the historical and present-day contexts of outbound investment, the book suggests improvements to overseas investment promotion to protect China’s enterprises from various aspects of the system including legal, regulatory, fiscal, intellectual property rights and standardization, risk prevention, foreign trade and economic cooperation zones to promote overseas securities investment promotion and social services.
Download or read book China and the Multilateral Investment Guarantee Agency written by Yushu Feng and published by World Bank Publications. This book was released on 1997 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China and Foreign Direct Investment written by Leon Trakman and published by . This book was released on 2014 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Notwithstanding China's endorsement of investor-state arbitration more than a decade ago, few investor claims have been initiated against it and none has concluded with an award. This does not necessarily mean that foreign investors will not make such claims in the future, but rather that proceeding against China, from an economic rationalist perspective, is likely to be contentious, costly and dilatory. However, these concerns are not peculiar to China. Economically and politically powerful states, not least of all the United States, are less frequently subject to investor-state arbitration than poorer states for much the same reason.What is increasingly likely is that China is preparing itself and its investors abroad for investor-state proceedings in the future. This is evident, for example, in China's growing interest in the functioning of the International Center for the Settlement of Investment Disputes ('ICSID'), in its inclusion of investor-state arbitration in its Model Bilateral Investment Agreement and in various regional and bilateral agreements it has concluded.China is overtaking the United States as the biggest recipient of foreign direct investment ('FDI') in the world. It is also one of largest sources of outward FDI, with its outward investors initiating large-scale claims against foreign governments, such as Ping An, China's second largest insurer's recent claim for USD 2.2 billion against the Belgian Government In light of China's rise in the FDI and the consequence this may have on its engagement with investment claims, this paper has three primary purposes. The first purpose is to explore China's history and practice in concluding bilateral investment agreements ('BITs') with foreign countries. The second purpose is to examine China's limited experience with investor-state arbitration under such BITs. The third purpose is to identify how China is likely to develop its dispute resolution regime through strategic investment alliances with other states without sacrificing its distinctive national interests including those of its investors abroad. Particular emphasis will be given to China's dilemma, in seeking to liberalize investment treaties to protect growing outbound investments, while also trying to protect its national interest from arbitration claims by inbound investors.
Download or read book The Effect of Treaties on Foreign Direct Investment written by Karl P Sauvant and published by Oxford University Press. This book was released on 2009-03-27 with total page 795 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past twenty years, foreign direct investments have spurred widespread liberalization of the foreign direct investment (FDI) regulatory framework. By opening up to foreign investors and encouraging FDI, which could result in increased capital and market access, many countries have improved the operational conditions for foreign affiliates and strengthened standards of treatment and protection. By assuring investors that their investment will be legally protected with closed bilateral investment treaties (BITs) and double taxation treaties (DTTs), this in turn creates greater interest in FDI.
Download or read book China s Economic Transition and Overseas Direct Investments written by Lawrence J. Lau and published by . This book was released on 2017 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Chinese economy is in the midst of a process of transition to a “New Normal”, with slower growth of real GDP, international trade and investment. China has a very high domestic saving rate and hence significant excess savings. Its outbound direct investment has surpassed its inbound foreign direct investment (FDI) in 2014. Reasons for Chinese outbound direct investment include: seeking lower costs; increasing market share; acquisition of natural resources, raw materials and technology; upgrading product quality; securing trade and diversification. Alternative models of Chinese FDI and its financing and the important issue of China-U.S. and China-EU bilateral investment treaties are also considered.
Download or read book Foreign Direct Investment in China written by Ms.Wanda Tseng and published by International Monetary Fund. This book was released on 2002-02-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's increasing openness to foreign direct investment (FDI) has contributed importantly to its exceptional growth performance. This paper examines China's experience with FDI and identifies some lessons for other countries. Most of the factors explaining China's success have also been important in attracting FDI to other countries: market size, labor costs, quality of infrastructure, and government policies. FDI has contributed to higher investment and productivity growth, and has created jobs and a dynamic export sector. China's success, however, did not come without some pitfalls: an increasingly complex tax incentive system and growing regional income disparities. Accession to the WTO should broaden China's "opening up" policies and continue FDI's contributions to China's economy in the future.
Download or read book China and International Investment Law written by Wenhua Shan and published by Martinus Nijhoff Publishers. This book was released on 2014-10-30 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first volume in the Silk Road Studies in International Economic Law Series, China and International Investment Law: Twenty Years of ICSID Membership examines cutting-edge issues of international investment law and arbitration in interaction with China, the second largest economy of the world. With particular attention to ongoing major negotiations of bilateral and regional investment treaties, including the TPP, TTIP and China's BIT negotiations with the EU and USA, the collection is timely, thorough, and incisive. All readers with an interest in the latest developments in international investment law in general, and the Chinese foreign investment regime in particular, will find an indispensable new resource in this collection of essays from esteemed experts in the field. The volume originated from the "China and ICSID" International Workshop and Roundtable on International Investment Law and Arbitration, organized to commemorate the 20th anniversary of China's accession to the ICSID Convention.
Download or read book Outward Foreign Direct Investment of Chinese Enterprises written by Wei Tian and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book China s Outward Foreign Direct Investment and International Investment Law written by Karl P. Sauvant and published by . This book was released on 2016 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: As China's outward foreign direct investment (FDI) has grown, its approach to international investment agreements (IIAs) has changed. China is now one of the world's most important outward investors, with Chinese FDI facing widespread criticism. The challenge for China is to adapt to this new configuration of interests stemming from these developments, both in terms of its national policies and the contents of its IIAs. In so doing, it is likely to influence, perhaps significantly, the further evolution of international investment law. This article deals briefly with the salient features of China's outward FDI and the policies that support it (Section A); the perception and reception of China's outward FDI in key host countries (Section B); and the changing nature of the country's approach to international investment treaties (Section C). The article concludes (Section D) with a brief review and outlook.
Download or read book The U S Bilateral Investment Treaty Program and Foreign Direct Investment Flows written by Greg Myers and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign direct investment (FDI) is an increasingly important driver of the global economy. In the absence of an overarching multilateral framework on investment, bilateral investment treaties (BITs) and investment chapters in free trade agreements (FTAs), collectively referred to as "international investment agreements," have emerged as the primary mechanism for promoting a rules-based system for international investment. This book provides an overview of U.S. international investment agreements, focusing specifically on BITs and investment chapters in FTAs. It discusses key trends in U.S. and international investment flows, governance structures for investment at the bilateral and multilateral levels, the goals and basic components of investment provisions in U.S. international investment agreements, the outcomes of the Administration's model BIT review, and key policy issues for Congress.
Download or read book The Belt Road and Beyond written by Min Ye and published by Cambridge University Press. This book was released on 2020-03-05 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: This investigation uses state-mobilized globalization as a framework to understand China's capitalism and emergence as a global power.
Download or read book Foreign Direct Investment and Investment Arbitration in China written by Kun Fan and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment has become increasingly important in shaping the economic landscape in Asia. In recent years, there has been a burgeoning number of bilateral investment treaties (BITs) and investment chapters incorporated into bilateral and regional free trade agreements (FTAs) in China. The rapid growth in the economy of China means that China's approach to investment and the resolution of investment disputes are of significant importance for other Asian countries and for the world at large. This chapter gives an overview of Foreign Direct Investment (FDI) trends in China, examines the existing investment legal regime in China, and gives a detailed analysis of China's track record in investment treaty claims.Given the specific autonomous status of Hong Kong Special Administration Region (Hong Kong SAR), it is authorised to conduct the relevant external affairs in accordance with the Basic Law, including to conclude bilateral investment treaties. Therefore, the FDI trends in Hong Kong and Hong Kong's existing investment legal regime will also be discussed separately. Whether the BITs entered into by China will apply in Hong Kong will also be addressed.
Download or read book China s Outbound Foreign Direct Investment Promotion System written by Changhong Pei and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book outlines China?s current overseas investment promotion system, analyzing the general situation and the main problems arising during its development. Based on investigations of both the historical and present-day contexts of outbound investment, the book suggests improvements to overseas investment promotion to protect China?s enterprises from various aspects of the system including legal, regulatory, fiscal, intellectual property rights and standardization, risk prevention, foreign trade and economic cooperation zones to promote overseas securities investment promotion and social services.
Download or read book United States China Foreign Direct Investment Opportunities and Challenges written by Ziqi Zhang and published by . This book was released on 2017 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: However, bilateral investment in China and the United States there are still obstacles, including concerns about strategic investment in the industry, the imbalance in the field of investment concerns, policy imperfect, too restrictive restrictions on the visa, there are some lack of effective communication, exchange And mutual trust, as well as cultural differences and domestic policy interference problems. In order to promote bilateral investment between China and the United States, the two governments should be some strategic thinking and methods to make some fundamental changes and adjustments.The study using empirical analysis suggests China’s government with the strategy adjustment and policies that will encourage US-China foreign direct investment benefit in technological innovation, create jobs, and upgrade infrastructure while building national security vigilance, and laying the foundation for a better partnership with China.
