International business has grown so rapidly in the past decades because of strategic imperatives and environmental changes. Along with the growth of international business, some more issues have been becoming very phenomenal in relation to ways of doing international business as well as aspects of redefining global competition. In this essay, will cite some articles to interpret the phenomenon related to international business, such as Foreign Direct Investment (FDI) and Anti-dumping issue which are mostly associated with events of international business in China.
2. Topic 1: Foreign Direct Investment (FDI)
Trade is the most of obvious form of international business but not the only form. Another major form is international investment, whereby residents of one country supply capital to a second country. 1 Regarding international investment, on of form is defined as Foreign Direct Investment, on which it could be firstly cited two articles then make in-depth analysis associated with academic referencing for that.
2.1 Relevant Articles Summary:
2.1.1 Article one: ‘Bank praises nation for FDI success’
A World Bank report on China’s foreign direct investment (FDI) policy praised the country for its success in attracting foreign capital and suggests it further encourage FDI inflows. China has attracted about one-quarter of FDI flowing into developing countries in the past decade.
The World Bank attributed China’s success in attracting FDI to its improved investment climate and competitive employment costs, as well as its rapidly expanding domestic market in recent years. From 2006 to 2010, China is expected to receive 30 percent of the projected $250 billion FDI inflow to developing countries, the World Bank estimated. The report suggested that China simplify investment approval procedures, which it said are complicated, and help foreign companies raise funds within
Bibliography: 11 Supra note 10, Lecture 2, p38 12 Thomas Huang, 2003, Trade Remedies: Laws of Dumping, Subsidies and Safeguards in China, Kluwer Law International, p20 13 Kerr and Loppacher, Anti-dumping in the Doha Negotiations – Fairy Tales at the WTO, in Journal of World Trade, 2004, Vol.38(2). 14 Market Economy Status: Will Article 15 cost another 15 years?, 28/06/2004, People’s Daily 16 See Patrick Messerlin, China in the WTO: Antidumping and Safeguards, in Deepak Bhattasali, Shantong Li and Will Martin, 2004, China and the WTO – Accession, Policy Reform, and Poverty Reduction Strategies, World Bank. 17 Supra note 13