China's outbound foreign direct investment: the US experience Online publication date: Tue, 22-Aug-2017
by Mark Feldman
International Journal of Public Policy (IJPP), Vol. 13, No. 3/4/5, 2017
Abstract: US policy expressly welcomes Chinese investment, and Chinese companies have invested nearly $50 billion in the USA. Notwithstanding those facts, the US regulatory environment for Chinese investment - at least with respect to the national security reviews of certain proposed transactions - has been criticised as politicised and protectionist. This article analyses the experience of Chinese investors in the USA, particularly with respect to national security reviews led by the Committee on Foreign Investment in the United States ('CFIUS'). This article addresses a small, but significant, group of controversial US transactions involving Chinese acquirers, including CNOOC, Tangshan, Northwest, Huawei, and Ralls, which have had a damaging impact on Chinese perceptions of the US investment environment, and identifies key trends with respect to the US regulatory environment for foreign investment generally. The need for some $8 trillion in investment over the next 15 years to modernise US infrastructure should provide many opportunities for the US Government to further demonstrate that foreign investment - and in particular, Chinese investment - is indeed welcome in the USA.
Online publication date: Tue, 22-Aug-2017
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Public Policy (IJPP):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email email@example.com