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China, the G20 and the International Investment Regime 被引量:4

China, the G20 and the International Investment Regime
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摘要 China has become a major home country for outward foreign direct investment (OFDI) flows. As a result, the country is increasingly concerned with protecting its OFDI and facilitating the operations of its firms investing abroad and creating a strong universal international investment law and policy regime. This article briefly reviews the emergence of China as an outward investor. It continues with an analysis of some policy issues related to the rise of FDIfrom emerging markets. A brief discussion of issues central to the future of the international investment law and policy regime follows, before focusing on several outcomes that could be pursued under China's G20 leadership: non- binding shared principles that could outline the architecture of a universal framework on international investment; an international support program for sustainable investment facilitation; and the creation of an additional intergovernmental platform that would allow for a continued systematic intergovernmental process to discuss the range of issues related to the governance of international investment, preferably paralleled by an informal, inclusive and result-oriented consensus-building process that takes place outside intergovernmental settings. China has become a major home country for outward foreign direct investment (OFDI) flows. As a result, the country is increasingly concerned with protecting its OFDI and facilitating the operations of its firms investing abroad and creating a strong universal international investment law and policy regime. This article briefly reviews the emergence of China as an outward investor. It continues with an analysis of some policy issues related to the rise of FDIfrom emerging markets. A brief discussion of issues central to the future of the international investment law and policy regime follows, before focusing on several outcomes that could be pursued under China's G20 leadership: non- binding shared principles that could outline the architecture of a universal framework on international investment; an international support program for sustainable investment facilitation; and the creation of an additional intergovernmental platform that would allow for a continued systematic intergovernmental process to discuss the range of issues related to the governance of international investment, preferably paralleled by an informal, inclusive and result-oriented consensus-building process that takes place outside intergovernmental settings.
机构地区 Resident Senior Fellow
出处 《China & World Economy》 SCIE 2016年第4期73-92,共20页 中国与世界经济(英文版)
关键词 China foreign direct investment G20 international investment regime multinational enterprises China, foreign direct investment, G20, international investment regime, multinational enterprises
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参考文献22

  • 1Committee on Foreign Investment in the United States, 2016, Annual Report to Congress, Report Period." CY2014, Washington, DC: Government Printing Office.
  • 2Covington & Burling LLP, 2016, "Reflections on the CFIUS process: New CFIUS report underscores growth of Chinese investment in the United States," Covington & Burling, 22 February, p. 4.
  • 3European Commission, 2015, "Investment in TTIP and beyond: The path for reform," Concept Paper, European Commission, 12 May.
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  • 7Li, J., 2014, "China, US 'pragmatic about pact'," China Daily [online; cited 16 January 2014]. Available from: http://www.chinadailyasia.com/business/2014-01/16/content__15112679.html.
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  • 9MOFCOM (Ministry of Commerce of China), NBS (National Bureau of Statistics of China) and SAFE (State Administration of Foreign Exchange), 2015, 2014 Statistical Bulletin of China's Outward Foreign Direct Investment, Beijing: China Statistics Press.
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