fbpx

Event Brief: Impacts to U.S. Firms from the Belt & Road Initiative

On June 29th 2018, the Center for International Private Enterprise (CIPE) hosted an event on China’s Belt & Road Initiative (BRI) and how firms can work to mitigate the impacts. Since opened on May 14, 2017, BRI has initiated massive development projects that aim to improve infrastructure in developing countries throughout Central Asia, Eastern Europe, and South Asia. Due to high demand and a lack of quality infrastructure in those countries, BRI is highly welcomed and needed. As increasing capital flows from both public and private sectors, today’s panel focused on what the opportunities and risks are for investors in terms of global governance and the regional impacts of BRI. The moderator for the panel was Abdulwanhab Alkebsi, the managing director for programs at CIPE, and the panel invited 3 experts from CSIS, Brookings, and CIPE to discuss on issues related to investment in BRI and global governance.

U.S. “Made in China 2025” push-back is Trouble for Tech

On Monday, June 25, a Wall Street Journal report indicated that additional Chinese tech investment barriers severely impacted global investors’ confidence. Some restrictions being considered include limiting high-tech exports to China, tightening Chinese investment restrictions on U.S. tech companies, and prohibiting Chinese companies – defined as 25% or more Chinese ownership – from buying American companies involved in industrially significant technology. – Dillon Billingham

Google invests in JD.com to rebuild its presence in China

On June 18, Google announced that it would be investing $550 million in JD.com, also known as Jingdong. JD is China’s biggest e-commerce company and claims net revenue of 100.1 billion Chinese Yuan (16.0 billion USD) in Q1 2018. As per the investment agreement, JD will join the Google Shopping advertising platform and in return, JD will work with Google on other e-commerce projects in Europe, Southeast Asia and the United States. – Ziqing Zhang

China Intelligence Brief (April-May 2018)

The China Intelligence Briefs are the start of a global initiative to provide context and recommendations to businesses, non-profit organizations, and policy makers who are looking for specific examples of opportunity or disruption from global events. While analyzing the macro problems we often identify specific issues that affect our clients and readers. Identifying both opportunities & challenges allow us to better identify solutions at home and abroad for a wide range of disciplines. In addition to the China Intelligence Briefs, we maintain detailed notes from interviews, overseas trips & business missions, conferences, conventions, and private events. We provide access to these notes and other analytical products for clients and paid subscribers.

Drones delivery is fast developing in China’s E-Commerce market

SUMMARY  On June 18, Jingdong, or JD.com, a Chinese e-commerce company, began testing their prototype drone delivery service, an initiative to reduce transportation costs and delivery times for more remote areas. On the same day, Google announced that it would be investing $550 million to develop new retail solutions using cutting edge AI and logistics…

China Nepal Cooperation on Railway as a part of One Belt One Road

From June 19th to the 24th, Nepal’s Prime Minister K.P. Sharma Oli met with Chinese President Xi Jinping and Premier Li Keqiang during Oli’s visit in Beijing to discuss Belt and Road Initiatives (BRI). Both sides expressed a willingness to work together to build a railway network across the Himalayan Mountains and increase economic ties through BRI (previously known as the One Belt One Road (OBOR) Initiative) transportation and communication projects.

Misconceptions in South China Sea Can Raise US-China Tensions

At the recent Shangri-La Dialogue in the first week of June, United States Secretary of Defense, James Mattis, accused the Chinese occupation in the South China Sea to be a militarization tactic aimed at intimidating and imposing its power in the region. Further, the Pentagon rescinded its invitation to China for the 2018 Rim of the Pacific exercise (RIMPAC). – Dillon Billingham

China removed missile systems from disputed South China Sea

As of June 6th, images taken in the first week of June show that China has removed or relocated the surface-to-air missile systems from Woody Island, a disputed territory in the South China Sea. Beijing-based naval expert, Li Jie, said that the removal was temporary and for the purpose of maintenance. – Ziqing Zhang