Abstract: In outward foreign direct investment, differences in the legal environments between the home country and the host country can cause significant difficulties for enterprises implementing such investments. There are clear differences between the labor laws of Brazil and China, posing severe challenges for Chinese enterprises investing in Brazil. This article compares the legislative systems of labor laws in Brazil and China, the subjects to which the labor laws apply, and several specific systems closely related to enterprises, with the aim of providing useful insights and references for Chinese enterprises investing in Brazil.Authors: Jiang Peng, Ligia Moura Costa, Chen Taotao
Abstract: The first part of the article "Chinese Enterprises Investing in Latin America: A Complex Landscape with Rare Opportunities" was published in Issue 3, 2014 (Total Issue 64) of this journal. It analyzed the position of Chinese enterprises investing in Latin America and the reasons behind it. This issue features the second part of the article, which discusses the new identifiable opportunities for Chinese enterprises investing in Latin America.
Abstract: In recent years, as high-level visits between China and Latin American countries have become increasingly frequent, various Sino-Latin American economic and trade forums have been held, and numerous cooperation agreements in economic fields have been signed, Chinese enterprises' enthusiasm for investing in Latin America has continued to rise. However, a closer look at the reality of Chinese investment in Latin America reveals inconsistencies with the current investment fervor domestically. In recent years, over 60% of China's outward foreign direct investment has flowed to Asia, while investment in Latin America accounts for only about 15%, of which nearly 90% has been directed to tax haven countries such as the British Virgin Islands and the Cayman Islands.
Abstract: The Brazilian automotive industry serves as a typical example of a developing nation's foreign capital-dependent industrial development strategy. Building upon an exposition of the historical evolution of Brazil's automotive industry, this paper examines the behavioral choices of foreign capital and the role of the Brazilian government, considering the domestic industrial development conditions and the international environment of the industry. The Brazilian experience demonstrates that the foreign capital-dependent industrial development model and its potential outcomes are, in essence, the result of a repeated game between foreign capital and the host country's government, given the specific local advantages of the nation.
Abstract: The Brazilian automotive industry serves as a typical example of a developing nation's foreign capital-dependent industrial development strategy. Building upon an exposition of the historical evolution of Brazil's automotive industry, this paper examines the behavioral choices of foreign capital and the role of the Brazilian government, considering the domestic industrial development conditions and the international environment of the industry. The Brazilian experience demonstrates that the foreign capital-dependent industrial development model and its potential outcomes are, in essence, the result of a repeated game between foreign capital and the host country's government, given the specific local advantages of the nation.
Abstract: From the perspective of a typical Latin American investor, this paper analyzes the phased characteristics and strategic choices of Spanish enterprises investing in Latin America, explores the changing features of Latin America’s locational advantages and investment environment, and discusses the experiences and lessons that Chinese enterprises, as latecomers to the Latin American market, should draw upon. Corresponding recommendations are also provided.Authors: Chen Taotao, Chen Chen
Abstract: Chile boasts an internationally recognized sound investment environment, yet only a handful of Chinese enterprises have made direct investments in the country. From national and industrial perspectives, and based on the viewpoints of Chinese enterprises and the government, this paper conducts an in-depth analysis of the comparative characteristics of Chile’s investment environment. It points out that the complex differences between China and Chile, the strengths and weaknesses of Chile’s location conditions, the investment capacity of Chinese enterprises, as well as their status as latecomers, are the major factors influencing Chinese firms’ direct investment in Chile.
Abstract: Chinese enterprises have achieved remarkable accomplishments in their overseas investments, growing from scratch and expanding in scale, which has drawn worldwide attention. A stated objective of China’s “Going Global” strategy is to develop and strengthen Chinese multinational corporations, enabling them to gain a competitive edge on the world stage. A crucial task for corporate decision-makers in this process is to formulate long-term development strategies, encompassing aspects such as regional positioning, product scope, localization strategies, and corporate vision. In recent years, Chinese enterprises have begun to focus on the Latin American market, with Brazil emerging as one of the new hotspots for China’s outward foreign direct investment.
Editor's Note: On July 22, Beijing time, Professor Chen Taotao, Director of the Tsinghua University Latin America Center, was invited by China's Ministry of Commerce to Macau to participate in the "7th China-LAC Infrastructure Cooperation Forum" hosted by China's Ministry of Commerce. Concurrently, she attended the "12th International Infrastructure Investment and Construction Forum" jointly organized by the China International Contractors Association and the Macao Trade and Investment Promotion Institute. During the forum, Professor Chen Taotao delivered a keynote speech titled "Building Consensus and Promoting New Development Through Innovation." She engaged in discussions with fellow attendees on how to better uphold green innovation to lead China-LAC cooperation and how to better identify, cultivate, and utilize new driving forces for infrastructure cooperation between China and Latin America.
Editor's note:on 1st September 2020, Prof. Taotao Chen published an article on Chile's Diario Financiero, with the title of Seven positive factors for promising China-Chile relationshipin post Covid-19....
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