Davos 2011: Fair Competition in a Competitive World
Next week I will be attending the Davos World Economic Forum, where I expect — based on recent conversations I have had with business leaders and government officials in the United States and abroad — that the role of State Owned Enterprises (SOE’s) in the global economy will be an important focus of conversation In [...]
FDI with Chinese Characteristics
Consistent with so much about China’s thrust on to the global stage over the past decade, its outward foreign direct investment (OFDI) has grown far faster than OFDI from other transitional economies. Chinese OFDI is largely politically driven, aimed at achieving specific nationalistic objectives, such as securing natural resources, acquiring strategic assets in key technologies [...]
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