Counteraction to China?Impact of the U.S.International Development Finance Corporation on China’s Development Finance

The United States passed the Better Utilization of Investment Leading to Development(BUILD Act),as a counterweight to China’s overseas development activities.Under the Act,the US established a new federal agency,the U.S.International Development Finance Corporation(DFC),to enhance U.S.development financing capabilities.To better understand the impact of the DFC on China’s development finance,this article analyzes the DFC’s purpose,functions,structure,and funding.Then it focuses on the purpose of establishing the DFC,providing a preliminary analysis of the potential motivation for its establishment.It also compares the China Development Bank(CDB)and the DFC based on their focused sectors.Finally,through an in-depth analysis of financial frictions in China-U.S.relations,this article argues that the DFC competes with China’s overseas development financing activities in the context of broader strategic competition between China and the U.S.

China International Exhibition Corporation——An interview with CIEC President Yue Zude

Among the large number of conglomerates, the China International Exhibition Corporation (CIEC) is the only one specializing in foreign exhibitions. Its founding aroused the attention exhibition and business circles. Our reporter interviewed the president, Yue Zude. Reporter: I know your corporation was formed from several exhibition departments of the China Council for

Industrial Products Branch of Xiangfan International Trade Corporation

The Xiangfan-based Industrial Products Branch of theInternational Trade Corporation in Hubei Province,specializing in the import and trade of industrial products andState-run foreign trade, was founded in 1984. In the past decadesince its founding, it has explored domestic and world marketsand seen rapid growth in the volume of import and export foreigntrade, registering RMB60 million in annual trade and US＄6million in export earnings. The corporation’s business scope includes light industrialproducts such as paper, cases and bags, canvas bags, enamelware, aluminium ware, bicycles, quartz clocks, detergent, laborprotection gloves, batteries for everyday use, storage

Grasping Opportunities And Forging Ahead To Establish A Comprehensive International Group Corporation

The Chinese government officially resumed its exercise of sovereignty over Hong Kong on July 1, 1997. On this historic occasion, the China National Machinery Import and Export Corporation officially renamed itself as the China Machinery Import and Export Group Corporation, with the approval of the relevant department of the state, and moved into its new office building. The change of name marks the progress it has achieved in a the course of exploring the establishment of a modern enterprise system. It was designated by the State Council in 1994 as one of the first group of 100 enterprises in China to introduce the modern enterprise system on a trial basis.In particular since 1995, when its

An International Answer to Capturing Corporate Criminality

In the era of increased corporate globalization, the lingering principles of directing mind and will have plagued neighboring territories from manufacturing a realist model of corporate fault. It is of fundamental importance to combat transnational corporate activity from a world order perspective by establishing a legal regime which supports the philosophy that corruption becomes entrenched within the corporate culture. A culture that is indicative of corporate guilt. This paper will suggest that the corporate culture doctrine within the Australian Criminal Code Act 1995 is the first step in the courses of action required against the evolution of structurally complex corporate arrangements.

The Study on Multinational Operation Risk-Defense System Based on Corporate Governance Mechanism

：With the unceasing globalization development of MNCs＇ business and connnuous intensify in international competition, the managers of MNCs find that the strategy decisions they are faced on are becoming more complicated, and they have deeply realized that the perception and defense of the international risk has the impact on their strategy decisions. The thesis, proceeding with analyzing and evaluating risk types in the course of enterprises developing in the international markets, based on the integration international risk perception model, utilizing relative theories and study thoughts of the corporate governance mechanisms, especially the relative studies on overseas enterprises＇ governance mechanisms, explores how to use the corporate governance mechanisms to build the defense system against international risks. Meanwhile, the thesis further discusses the risks our native enterprises have suffered from during the multinational operation in detail, explores its reasons and offers the defense measures of all sorts of risk.

Internal corporate governance and the use of IPO over-financing:Evidence from China

In this paper, we describe how Shenzhen A-share listed companies used funds raised in over-financed IPOs during the 2006-2010 period. In exploring the relationship between internal corporate governance and the use of funds raised in over-financed IPOs, we find that the use of such funds to engage in severe over-investment behavior is prevalent among listed companies. Reasonable internal corporate governance mechanisms can effectively alleviate over-investment problems listed companies encounter in using funds raised in overfinanced IPOs. However, the same individual serving as both chairman and CEO leads to funds raised in over-financed IPOs being over-invested. Moreover, executives driven by high levels of monetary compensation are more likely to use funds raised in such IPOs to engage in over-investment. We find that improving the balance of power between shareholders will help alleviate the over-investment of excess IPO funds. In addition, the over-investment problem is less severe in state-controlled listed companies than in their nonstate-controlled listed counterparts. This study provides policy recommendations for Chinese securities regulators to ensure listed companies use funds raised in over-financed IPOs both rationally and effectively.

The influence of the corporate social responsibility disclosures on consumer brand attitudes under the impact of CO VID-19

This study focuses on the use of we-media by small-and medium-sized enterprises(SMEs)to disclose internal corporate social responsibility(ICSR)under the impact of the 2019 novel coronavirus disease(COVID-19).Study 1 interprets the catalyst effect of COVID-19 on the externalization of SMEs'ICSR.The fuzzy grading evaluation method is initially verified.Under the impact of COVID-19,SMEs fulfilling their ICSR can enhance consumer brand attitudes.Study 2 uses a structural equation model and empirical analysis of 946 effective samples and finds that consumers perceive the self-sacrifice of corporations during the coronavirus disease period.SMEs can fulfill their ICSR to enhance the internal explanation mechanism of consumer brand attitudes and the moderating role of enterprise losses.