Chinese State Owned Enterprises and EU Merger Control

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Author :
Publisher : Routledge
ISBN 13 : 1000335992
Total Pages : 123 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Chinese State Owned Enterprises and EU Merger Control by : Alexandr Svetlicinii

Download or read book Chinese State Owned Enterprises and EU Merger Control written by Alexandr Svetlicinii and published by Routledge. This book was released on 2020-12-13 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the specifics of corporate governance of China’s State Owned Enterprises (SOEs) and their assessment under EU merger control, which is reflected in the EU Commission’s screening of the notified economic concentrations. Guided by the going global policy and the Belt and Road Initiative, Chinese SOEs have expanded their global presence considerably. Driven by the need to acquire cutting edge technologies and other industrial policy considerations, Chinese SOEs have engaged in a series of corporate acquisitions in Europe. The main objective of this book is to demonstrate the conceptual and regulatory challenges of applying traditional merger assessment tools in cases involving Chinese SOEs due to the specifics in their corporate governance and the regulatory framework under which they operate in China. The book also explores the connection between the challenges experienced by the merger control regimes in the EU and the recent introduction of the EU foreign direct investment screening framework followed by a proposal concerning foreign subsidies. The book will be a useful guide for academics and researchers in the fields of law, international relations, political science, and political economy; legal practitioners dealing with cross-border mergers and acquisitions; national competition authorities and other public bodies carrying out merger control; policy makers, government officials, and diplomats in China and the EU engaged in bilateral economic relations.

Chinese Antitrust Exceptionalism

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Author :
Publisher : Oxford University Press
ISBN 13 : 0192561200
Total Pages : 272 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Chinese Antitrust Exceptionalism by : Angela Zhang

Download or read book Chinese Antitrust Exceptionalism written by Angela Zhang and published by Oxford University Press. This book was released on 2021-02-08 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's rise as an economic superpower has caused growing anxieties in the West. Europe is now applying stricter scrutiny over takeovers by Chinese state-owned giants, while the United States is imposing aggressive sanctions on leading Chinese technology firms such as Huawei, TikTok, and WeChat. Given the escalating geopolitical tensions between China and the West, are there any hopeful prospects for economic globalization? In her compelling new book Chinese Antitrust Exceptionalism, Angela Zhang examines the most important and least understood tactic that China can deploy to counter western sanctions: antitrust law. Zhang reveals how China has transformed antitrust law into a powerful economic weapon, supplying theory and case studies to explain its strategic application over the course of the Sino-US tech war. Zhang also exposes the vast administrative discretion possessed by the Chinese government, showing how agencies can leverage the media to push forward aggressive enforcement. She further dives into the bureaucratic politics that spurred China's antitrust regulation, providing an incisive analysis of how divergent missions, cultures, and structures of agencies have shaped regulatory outcomes. More than a legal analysis, Zhang offers a political and economic study of our contemporary moment. She demonstrates that Chinese exceptionalism-as manifested in the way China regulates and is regulated, is reshaping global regulation and that future cooperation relies on the West comprehending Chinese idiosyncrasies and China achieving greater transparency through integration with its Western rivals.

State-Owned Enterprises as Global Competitors A Challenge or an Opportunity?

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264262091
Total Pages : 176 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis State-Owned Enterprises as Global Competitors A Challenge or an Opportunity? by : OECD

Download or read book State-Owned Enterprises as Global Competitors A Challenge or an Opportunity? written by OECD and published by OECD Publishing. This book was released on 2016-12-08 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: An estimated 22% of the world’s largest firms are now effectively under state control, this is the highest percentage in decades. These firms are likely to remain a prominent feature of the global marketplace in the near future.

China's State-owned Enterprises

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Author :
Publisher : World Scientific
ISBN 13 : 9814383848
Total Pages : 407 pages
Book Rating : 4.8/5 (143 download)

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Book Synopsis China's State-owned Enterprises by : Hong Sheng

Download or read book China's State-owned Enterprises written by Hong Sheng and published by World Scientific. This book was released on 2013 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nature, the Performance, and the Reform of State-owned Enterprises provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It shows that state ownership in the form of SOEs does not use resources efficiently and has a poor record in income distribution. Moreover, SOEs are found to enjoy unfair advantages in their competition with other firms. To illustrate the point, the book presents data revealing how favored policies, monopolistic powers, and subsidies benefit SOEs. These advantages are worth several trillion yuans a year. It is a sad irony that such wealth of the people is used to beef up the revenues of the SOEs, making their accounts look much better than they should be.This book, with its rich empirical data and information, is an authoritative reference for researchers interested in SOEs. It is also a good read for students of social sciences and the public to learn more about SOEs.

The European Union and China's Belt and Road

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Author :
Publisher : Routledge Studies in European Foreign Policy
ISBN 13 : 9781032045467
Total Pages : 0 pages
Book Rating : 4.0/5 (454 download)

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Book Synopsis The European Union and China's Belt and Road by : Vassilis Ntousas

Download or read book The European Union and China's Belt and Road written by Vassilis Ntousas and published by Routledge Studies in European Foreign Policy. This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreword / by Thanos Dokos -- Introduction: The Belt and Road and EU international relations policy and law / Vassilis Ntousas and Stephen Minas -- The Belt and Road Initiative as China's approach to global governance : implications for China-EU relations and economic cooperation / Yun Zhao and Hui Chen -- EU-China diplomacy and the Belt and Road Initiative / Jing Men -- The BRI kaleidoscope : European legal pluralism and BRI soft law / Francis Snyder -- The Belt and Road in the single market : towards an EU legal infrastructure to address the regulatory implications / Steven Blockmans and Weinian Hu -- Sino-European financial linkages underpinning BRI projects in Europe / Jens Bastian -- The Belt and Road Initiative and state-owned enterprises : is it time for reform of the EU merger control? / Alexandr Svetlicinii -- EU-China cooperation on promoting sustainable development under the Belt and Road Initiative : consensus built on divergence / Xueji Su -- COVID-19 and EU-China relations / Mario Esteban and Ugo Armanini -- France, China and the BRI : the challenge of conditional engagement / Françoise Nicolas -- Between commerce and geopolitics : is there a German China strategy? / Stefan Mair and Ferdinand Schaff -- Greece between crisis, opportunity and risk as a key BRI node / Dimitris Kokoromytis and Angelos Chryssogelos -- Italy's embrace of BRI and the role of internal political dynamics / Alessia Amighini -- China and the Belt and Road Initiative in Europe : the case of Portugal / Laura-Ferreira Pereira and Paulo Duarte -- Conclusion: The EU's Belt and Road challenge : coherence, consolidation and connectivity / Vassilis Ntousas and Stephen Minas.

An Analysis of State-Owned Enterprises and State Capitalism in China

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781475293258
Total Pages : 122 pages
Book Rating : 4.2/5 (932 download)

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Book Synopsis An Analysis of State-Owned Enterprises and State Capitalism in China by : Andrew Szamosszegi

Download or read book An Analysis of State-Owned Enterprises and State Capitalism in China written by Andrew Szamosszegi and published by Createspace Independent Publishing Platform. This book was released on 2011-10-26 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's breathtaking economic growth, has often led observers to assume that the country's economic system has been transformed into a capitalist economy dominated by private enterprise. Although China's reliance on private enterprise and market-based incentives has been growing, and the CCP's treatment of private enterprises and entrepreneurs has been changing, it would be a mistake to minimize the current role of the State and the CCP in shaping economic outcomes in China and beyond. The Chinese government and state-owned enterprises (SOEs) remain potent economic forces. Indeed, some of China's SOEs are among the largest firms in China and the world. They are major investors in foreign countries. They have been involved in some of the largest initial public offerings in recent years and remain the controlling owners of many major firms listed on Chinese and foreign stock exchanges.

Regulation of Foreign Mergers and Acquisitions Involving Listed Companies in the People's Republic of China

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Author :
Publisher :
ISBN 13 :
Total Pages : 294 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Regulation of Foreign Mergers and Acquisitions Involving Listed Companies in the People's Republic of China by : Lusong Zhang

Download or read book Regulation of Foreign Mergers and Acquisitions Involving Listed Companies in the People's Republic of China written by Lusong Zhang and published by . This book was released on 2007 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since its accession to the World Trade Organization (WTO), China has undertaken stronger initiatives toward adapting its legal system to support the development of a market-oriented economy. However, in this important new study the author contends that Chinaand’s steps in this direction are not sufficient. Although barriers to merger and acquisition (Mand&A) targeting of state-owned enterprises (SOEs) have been significantly reduced, excessive administrative intervention continues to discourage foreign Mand&Ainvolving domestic listed companies. This book proposes changes in Chinese law, including a new full-scale regulatory scheme, which would enhance and expand such foreign direct investment. The discussion proceeds from the perspectives of company law, securities law, antimonopoly law, and foreign investment law. Based on the analysis of the market situation and policy background in China, and on a comparison among the relevant aspects of the legal systems of China and other jurisdictions, the book addresses the Chinese legal system for foreign Mandamp;A involving listed companies, including its policy support. The analysis highlights such aspects as the following: and• features and structures of the current Chinese foreign Mandamp;A market; and• China's state-owned enterprise reform and• functions of the Chinese stock market; and• Chinese foreign investment policy; and• components of the Chinese legal system specific to foreign Mand&A; and and• comparative studies of foreign Mandamp;A regulation and experience (US, EU, UK, and Russia) and what may be useful in each for China. The authorand’s detailed recommendations for the improvement of the Chinese legal system primarily concern the regime of state ownership exercise, the establishment of an antitrust scheme, the improvement in the regulation of corporate takeovers, and national treatment of foreign investors under the WTO system. This is in every way a ground-breaking contribution to the literature of international trade law. The authorand’s deeply informed and cogent analysis will be of immeasurable value to policy makers and academics across a range of fields, and the bookand’s practical value to business persons everywhere with an eye on China cannot be overestimated.

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

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781475293104
Total Pages : 136 pages
Book Rating : 4.2/5 (931 download)

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Book Synopsis Chinese State-Owned Enterprises and U. S. -China Bilateral Investment by : U. S. -China Economic and Security Review Commission

Download or read book Chinese State-Owned Enterprises and U. S. -China Bilateral Investment written by U. S. -China Economic and Security Review Commission and published by Createspace Independent Publishing Platform. This book was released on 2011-03-30 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

A Power Audit of EU-China Relations

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Author :
Publisher :
ISBN 13 : 9781906538101
Total Pages : 101 pages
Book Rating : 4.5/5 (381 download)

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Book Synopsis A Power Audit of EU-China Relations by : John Fox

Download or read book A Power Audit of EU-China Relations written by John Fox and published by . This book was released on 2009 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Chinese Acquisitions in Developed Countries

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Author :
Publisher : Springer
ISBN 13 : 3030042510
Total Pages : 111 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Chinese Acquisitions in Developed Countries by : Alessandra Vecchi

Download or read book Chinese Acquisitions in Developed Countries written by Alessandra Vecchi and published by Springer. This book was released on 2018-12-15 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses Chinese acquisitions in developed countries, evaluates the drivers and opportunities and, above all, explores the major operational challenges. It discusses topics such as cross-cultural issues, integration strategies, risk and resilience, the influence of emerging technologies, servitization, impacts on reshoring, corporate social responsibility, branding strategies, knowledge management, and transfer of best practices. While emerging market multinational corporations’ (EMNCs) use of mergers and acquisitions as a strategic vehicle has received considerable attention, much less is known about their post-entry activities, such as the implementation of post-acquisition and integration strategies. It can be expected that, compared with their Western counterparts, EMNCs will face radically different challenges that may undermine the success of their products, brands and marketing. Addressing these issues by means of a case study approach, this book is an ideal teaching resource for a variety of courses at both undergraduate and postgraduate level. It also appeals to academics, researchers, and practitioners with a keen interest in manufacturing industry.

Reforms, Opportunities, and Challenges for State-Owned Enterprises

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292622838
Total Pages : 355 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Reforms, Opportunities, and Challenges for State-Owned Enterprises by : Edimon Ginting

Download or read book Reforms, Opportunities, and Challenges for State-Owned Enterprises written by Edimon Ginting and published by Asian Development Bank. This book was released on 2020-07-01 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-owned enterprises (SOEs) play significant roles in developing economies in Asia and SOE performance remains crucial for economy-wide productivity and growth. This book looks at SOEs in Azerbaijan, Indonesia, Kazakhstan, the People's Republic of China, and Viet Nam, which together present a panoramic view of SOEs in the region. It also presents insights from the Republic of Korea on the evolving role of the public sector in various stages of development. It explores corporate governance challenges and how governments could reform SOEs to make them efficient drivers of the long-term productivity-induced growth essential to Asia's transition to high-income status.

China and Europe’s Partnership for a More Sustainable World

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Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1786353318
Total Pages : 328 pages
Book Rating : 4.7/5 (863 download)

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Book Synopsis China and Europe’s Partnership for a More Sustainable World by :

Download or read book China and Europe’s Partnership for a More Sustainable World written by and published by Emerald Group Publishing. This book was released on 2016-07-26 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers the main scientific outputs of POREEN, a four-year project on partnering opportunities between Europe and China in the renewable energy and environmental industries. It investigates the main challenges and opportunities related to Sino-European dialogue and cooperation in the green sector with a focus on sustainable growth.

Asian Yearbook of International Economic Law 2022

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Publisher : Springer Nature
ISBN 13 : 3030934756
Total Pages : 212 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Asian Yearbook of International Economic Law 2022 by : Manjiao Chi

Download or read book Asian Yearbook of International Economic Law 2022 written by Manjiao Chi and published by Springer Nature. This book was released on 2022-07-29 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asian Yearbook of International Economic Law (AYIEL) 2022 addresses the rapidly evolving field of international economic law with a special focus on Asia and the Pacific. This region has long been and remains a major engine of the world economy; at the same time, it is characterized by a host of economies with varying developmental levels, economic policies and legal jurisdictions. The AYIEL 2022 especially focuses on trade law, investment law, competition law, dispute settlement, economic regulation and cooperation, and regional economic integration, as well as other legal developments in Asian countries.

Takeover Law in the UK, the EU and China

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Author :
Publisher : Springer Nature
ISBN 13 : 3030723453
Total Pages : 281 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Takeover Law in the UK, the EU and China by : Joseph Lee

Download or read book Takeover Law in the UK, the EU and China written by Joseph Lee and published by Springer Nature. This book was released on 2021-05-20 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates stakeholders’ interests, market players, and governance models for the takeover market in the changing global economic orders. Authors from the UK, Germany, the Netherlands, Australia, and China discuss takeovers in the context of China as a rising power in the global M&A market and re-examine takeover as an efficient method for corporate competition, consolidation, and restructuring. China has come to embrace takeovers as a market practice and is seeking directions for further reforms of its law, regulatory model, and banking system in order to compete with other economic powers. Yet, China is at a very different economic development stage and has different legal and political structures. State-owned enterprises dominate the Shanghai and Shenzhen stock markets – a very different landscape from UK and European exchanges. Researchers and policy makers are currently developing options in response to needs for reform. Recently, China has also announced the opening of its financial markets to foreign ownership. This book reflects on the UK and European models and focuses on the policy choices for China to transform its capital market. The book is of interest to postgraduate students and researchers (LLM, PhD, postdocs), law and management/finance academics, and policy makers.

Regulation of State-Controlled Enterprises

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Author :
Publisher : Springer Nature
ISBN 13 : 9811913684
Total Pages : 727 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis Regulation of State-Controlled Enterprises by : Julien Chaisse

Download or read book Regulation of State-Controlled Enterprises written by Julien Chaisse and published by Springer Nature. This book was released on 2022-08-25 with total page 727 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses actual and potential normative (whether legislative or contractual) conflicts and complex transnational disputes related to state-controlled enterprises (SCEs) operations and how they are interwoven with the problem of foreign direct investment. Moreover, SCEs also fall within the remit of international political economy, international economics and other SCE-related fields that go beyond purely legal or regulatory matters. In this connection, research on such economic and political determinants of SCE’s operations greatly informs and supplements the state of knowledge on how to best regulate cross-border aspects of SCE’s and is also be covered in this book. The book also aims to analyse the “SCE phenomenon” which includes a wide panoply of entities that have various structures with different degrees of control by states at the central or regional level, and that critically discuss the above-mentioned overlapping legal economic and political systems which can emerge under various shades of shadows casted by governmental umbrellas (i.e., the control can be exercised through ownership, right to appoint the management, and special-voting-rights). The chapters in this book are grouped, so as to address cross-border investment by and in SCE, into four coherent major parts, namely --- (i) the regulatory framework of state capitalism: laws, treaties, and contracts; (ii) economic and institutional expansion of state capitalism; (iii) the accountability of state capitalism: exploring the forms of liabilities; and (iv) regional and country perspectives. Contributions address the core theme from a broad range of SCE and international economic regulations, including but not limited to competition law, WTO law, investment law, and financial/monetary law. They also cover the new emerging generation of Free Trade Agreements (EU-Vietnam FTA, EU China investment treaty, Regional Comprehensive Economic Partnership; and the coordination between treaty systems). The book is a valuable addition and companion for courses, such as international trade law, international law of foreign investment, transnational law, international and economic development, world politics, law of preferential trade agreements, international economics, and economics of development.

Weaponising Investments

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Author :
Publisher : Springer Nature
ISBN 13 : 3031414756
Total Pages : 262 pages
Book Rating : 4.0/5 (314 download)

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Book Synopsis Weaponising Investments by : Jens Hillebrand Pohl

Download or read book Weaponising Investments written by Jens Hillebrand Pohl and published by Springer Nature. This book was released on 2023-11-06 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly topical volume presents pioneering research for the purpose of developing a common analytical foundation and framework for the emerging interdisciplinary research field of investment control. Long considered as exceptional measures, restrictions on inward foreign direct investments (FDI) have become ever more common and accepted. This book presents different perspectives on how decision-makers go about the tasks of assessing risks and threats to national security that may be posed by FDI and then balancing those risks and threats against economic interests of parties concerned and society at large.

Antitrust between EU law and national law / Antitrust fra diritto nazionale e diritto dell'Unione Europea

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Author :
Publisher : Primento
ISBN 13 : 2802741837
Total Pages : 522 pages
Book Rating : 4.8/5 (27 download)

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Book Synopsis Antitrust between EU law and national law / Antitrust fra diritto nazionale e diritto dell'Unione Europea by : Enrico Adriano Raffaelli

Download or read book Antitrust between EU law and national law / Antitrust fra diritto nazionale e diritto dell'Unione Europea written by Enrico Adriano Raffaelli and published by Primento. This book was released on 2013-02-22 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work contains the papers of the Tenth Conference on “Antitrust between EU Law and national law”, held in Treviso on May 17 and 18 , 2012 under the patronage of the European Lawyers Union – Union des Avocats Européens (UAE), the Associazione Italiana per la Tutela della Concorrenza - the Italian section of the Ligue Internationale du Droit de la Concurrence (LIDC)-, the Associazione Italiana Giuristi di Impresa (AIGI), the European Company Lawyers Association (ECLA), and the Associazione Antitrust Italiana (AAI). Some of the papers have been extensively reviewed and updated by the authors prior to publication. Contributions contained in this volume are the result of an in-depth analysis and study of the most salient issues arising from the application of antitrust rules, carried out by experienced and high-ranking professionals, company lawyers, academics and EU/national institutional representatives who attended the Conference. They deal with extremely topical issues, lying at the heart of current antitrust debate. Some of the most contemporary topics include those relative to the large-scale distribution sector and the control of concentrations at both national and European level. Ample consideration is also given to salient antitrust issues encountered in undertakings’ day-to-day business life, as well as to the future of antitrust in the global economy, also in the light of the new powers recently attributed to the Italian Antitrust Authority to challenge administrative acts. This volume also includes some precious insights on the assessment and quantification of damages in antitrust infringements, from both an economic and legal perspective, as well as reflections on the role of judges in the application of antitrust law, also following the principles set forth by the European Court of Human Rights in the well-known Menarini case.