Articles for Multinational Corporations

Favorable cash-pooling policy good for FDI
3 weeks, 1 day ago

Favorable cash-pooling policy good for FDI

China Daily  

The People's Bank of China and the State Administration of Foreign Exchange are to optimize the pilot cash pooling program, integrating domestic and foreign currency management for multinational corporations in 10 provinces, municipalities and cities including Shanghai, Jiangsu province and Zhejiang province. As early as March 2021, the PBOC and SAFE initiated the first batch of pilot cash pooling programs, …

China Foreign Shenzhen Pilot Multinational Corporations
Weifang welcomes global businesses for deepened cooperation
1 month, 1 week ago

Weifang welcomes global businesses for deepened cooperation

China Daily  

A matchmaking event is held in Weifang, Shandong province, on Nov 26 to connect multinational corporations with local enterprises. On Nov 26, an industry matchmaking event was held in Weifang, Shandong province, to foster collaboration between multinational corporations and local enterprises. Representatives from renowned companies like Siemens, Air Products, and Textron presented their businesses and discussed cooperation opportunities tailored to …

Event Multinational Corporations Weifang
Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

By ZHONG NAN| China Daily| Updated :2024-11-28 When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China …

Global Growth China Japan Market Investment Germany
Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Global Growth China Japan Market Investment Germany
Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

WANG YANGYANG/FOR CHINA DAILY When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their …

Growth China Japan Germany Manufacturing Foreign Investors Companies
Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Global Growth China Japan Market Germany Manufacturing
Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

WANG YANGYANG/FOR CHINA DAILY When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their …

Global Growth China Japan Market Investment Germany
Tax dodging by super-rich, big corporations costs nations half a trillion per year: study
1 month, 3 weeks ago

Tax dodging by super-rich, big corporations costs nations half a trillion per year: study

Raw Story  

A study published Tuesday estimates that tax dodging enabled by the United States, the United Kingdom, and other wealthy nations is costing countries around the world nearly half a trillion dollars in revenue each year, underscoring the urgent need for global reforms to prevent rich individuals and large corporations from shirking their obligations. According to the new TJN study, those …

Global Tax Study Multinational Corporations Big Corporations Tax Dodging Tjn
Global Multinational Corporations Summit to kick off in Beijing
1 month, 4 weeks ago

Global Multinational Corporations Summit to kick off in Beijing

China Daily  

Global Multinational Corporations Summit to kick off in Beijing investinchina.chinadaily.com.cn Updated: Nov 14, 2024 The Global Multinational Corporations Summit, also known as the 14th International Roundtable of Multinational Corporations’ Leaders, will take place in Beijing on Sunday, with the theme of “An Open China and the World”. Almost 500 leaders from domestic and international multinational corporations will gather to explore …

Beijing Group Multinational Corporations Global Multinational Corporations Summit Corporation China
SCODA promotion event held in Qingdao
4 months, 1 week ago

SCODA promotion event held in Qingdao

China Daily  

On the fringes of the fifth Qingdao Multinational Summit, a promotion event dedicated to the China-SCO Local Economic and Trade Cooperation Demonstration Area was held in Qingdao, East China's Shandong province, on Aug 29. The event drew approximately 160 participants from international organizations, government authorities, business organizations, and multinational companies from 15 countries including Japan, South Korea, the United Arab …

Qingdao Shandong Multinational Corporations Scoda
Report: Chinese modernization offers vast growth potential for multinationals
4 months, 1 week ago

Report: Chinese modernization offers vast growth potential for multinationals

China Daily  

The research report Multinational Corporations in China: Sharing New Opportunities of Chinese Modernization was released during the opening ceremony of the fifth Qingdao Multinationals Summit on Aug 28. According to the report, multinational corporations are continuously optimizing their industry structures and regional layouts for investment in China, which deepens their engagement with the Chinese market. In 2023, China's high-tech industry …

China Investment Foreign Investment Modernization Report Chinese Foreign
Shandong welcomes foreign investment with open arms
4 months, 3 weeks ago

Shandong welcomes foreign investment with open arms

China Daily  

According to a news conference held by the State Council Information Office on Aug 16, the fifth Qingdao Multinationals Summit will be held in Qingdao, a coastal city in East China's Shandong, from Aug 27 to 29. Shandong has emerged as a highly attractive destination for foreign investment thanks to its robust economic growth and comprehensive industrial base. Moreover, Shandong …

Investment Shandong Multinational Corporations
Lessons from the TikTok ban threat in the US
5 months, 2 weeks ago

Lessons from the TikTok ban threat in the US

Hindustan Times  

The recent example of the threat to ban TikTok in the United States has sparked a significant debate about the shifting balance of power between nation-states and multinational corporations. In 2020, the Trump administration cited national security concerns as the primary reason for seeking to ban the app, arguing that the company could be compelled to share user data with …

Global Security National Security Data States National Regulatory
Lessons from the TikTok ban threat in the US
5 months, 2 weeks ago

Lessons from the TikTok ban threat in the US

Hindustan Times  

The recent example of the threat to ban TikTok in the United States has sparked a significant debate about the shifting balance of power between nation-states and multinational corporations. In 2020, the Trump administration cited national security concerns as the primary reason for seeking to ban the app, arguing that the company could be compelled to share user data with …

Global National Security Data States Regulatory National Interests Huawei
Shandong continues to draw FDI from MNCs
9 months, 1 week ago

Shandong continues to draw FDI from MNCs

China Daily  

A high-end equipment cooperation session recently took place in Beijing as part of cooperation talks between Shandong and multinational corporations. This event oversaw the signing of contracts for three significant high-end equipment projects, totaling a remarkable $320 million in investment, including foreign capital contracts valued at $25 million. Executives from various multinational high-end equipment companies gathered at the venue, highlighting …

Equipment Shandong Multinational Multinational Corporations
Rio Tinto to further tap opportunities in nation's green transition
9 months, 2 weeks ago

Rio Tinto to further tap opportunities in nation's green transition

China Daily  

Rio Tinto's booth is seen during the sixth China International Import Expo in Shanghai in November. Rio Tinto, the world's largest iron ore producer, has had more tie-ups and joint ventures with Chinese partners last year than ever before in its history, its top executive said, amid further opening-up and industrial reform that have provided massive business opportunities for multinational …

China Steel Demand Chinese Ore Opportunities Tinto
Symbiotic ties between China, foreign companies growing
9 months, 2 weeks ago

Symbiotic ties between China, foreign companies growing

China Daily  

Premier Li Qiang shakes hands on Sunday with Apple CEO Tim Cook after the opening ceremony of the China Development Forum 2024 in Beijing. FENG YONGBIN / CHINA DAILY The China Development Forum, held on Sunday and Monday in Beijing, was attended by the CEOs of more than 80 foreign companies from a large variety of industries, such as financial …

China Chinese Beijing Forum Corporations Multinational Multinational Corporations
Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says
1 year, 2 months ago

Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says

Associated Press  

WASHINGTON — An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union has warned. That carveout, the EU Tax Observatory …

Corporate Pay Agreement Countries Minimum Observatory Oecd
Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says
1 year, 2 months ago

Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An ambitious 2021 agreement by …

Tax Pay Agreement Countries Minimum Observatory Oecd
Fourth Qingdao Multinationals Summit kicks off, focusing on ’Multinationals and China‘
1 year, 3 months ago

Fourth Qingdao Multinationals Summit kicks off, focusing on ’Multinationals and China‘

China Daily  

The fourth Qingdao Multinationals Summit, jointly organized by the Ministry of Commerce and Shandong province, kicks off in Qingdao, Shandong province on October 11. The fourth Qingdao Multinationals Summit,jointly organized by the Ministry of Commerce and Shandong province, kicks off in Qingdao, Shandong province on October 11. As a supporting event of the fourth Qingdao Multinationals Summit, the "Multinationals and …

China Shandong Province Fourth Summit Multinational Companies Qingdao Multinational
The silver lining to the absurd Budweiser boycott over Dylan Mulvaney
1 year, 8 months ago

The silver lining to the absurd Budweiser boycott over Dylan Mulvaney

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Robert James Richie – who grew …

Light Boycott Right Dylan Bud Light Chick Multinational Corporations
Multinationals' role in dual circulation crucial
2 years, 6 months ago

Multinationals' role in dual circulation crucial

China Daily  

Martin Poxton, executive vice-president of Assa Abloy Group. Multinationals are not only an integral part of China's domestic circulation but also an important platform for the dual circulation at home and abroad, said Martin Poxton, executive vice-president of Assa Abloy Group, a Swedish conglomerate and a global leader in access solutions. "It is of great significance to hold the Multinationals …

China Development Sustainable Development Chinese Qingdao Multinational Corporations Multinationals
Shandong deepens ties with multinationals
3 years, 6 months ago

Shandong deepens ties with multinationals

China Daily  

Shandong province has been promoting in-depth cooperation with multinational corporations to cultivate a number of emerging industry clusters and boost regional high-quality development, local media reported. On July 2, at a Hyundai Transys plant in the Rizhao Economic and Technological Development Area, a new automatic transmission internal module production line was operating smoothly. According to Rizhao officials, the auto and …

South Korea Shandong Hyundai Multinational Corporations Rizhao Hyundai Transys
Shandong deepens ties with multinationals
3 years, 6 months ago

Shandong deepens ties with multinationals

China Daily  

Shandong province has been promoting in-depth cooperation with multinational corporations to cultivate a number of emerging industry clusters and boost regional high-quality development, local media reported. On July 2, at a Hyundai Transys plant in the Rizhao Economic and Technological Development Area, a new automatic transmission internal module production line was operating smoothly. According to Rizhao officials, the auto and …

South Korea Shandong Hyundai Multinational Corporations Rizhao Hyundai Transys