Chinese State Owned Enterprises And Eu Merger Control

Author : Alexandr Svetlicinii
Publisher : Routledge
Page : 123 pages
File Size : 41,9 Mb
Release : 2020-12-13
Category : Business & Economics
ISBN : 9781000335996

Get Book

Chinese State Owned Enterprises and EU Merger Control by Alexandr Svetlicinii Pdf

This book analyzes the specifics of corporate governance of China’s State Owned Enterprises (SOEs) and their assessment under EU merger control, which is reflected in the EU Commission’s screening of the notified economic concentrations. Guided by the going global policy and the Belt and Road Initiative, Chinese SOEs have expanded their global presence considerably. Driven by the need to acquire cutting edge technologies and other industrial policy considerations, Chinese SOEs have engaged in a series of corporate acquisitions in Europe. The main objective of this book is to demonstrate the conceptual and regulatory challenges of applying traditional merger assessment tools in cases involving Chinese SOEs due to the specifics in their corporate governance and the regulatory framework under which they operate in China. The book also explores the connection between the challenges experienced by the merger control regimes in the EU and the recent introduction of the EU foreign direct investment screening framework followed by a proposal concerning foreign subsidies. The book will be a useful guide for academics and researchers in the fields of law, international relations, political science, and political economy; legal practitioners dealing with cross-border mergers and acquisitions; national competition authorities and other public bodies carrying out merger control; policy makers, government officials, and diplomats in China and the EU engaged in bilateral economic relations.

Author : OECD
Publisher : OECD Publishing
Page : 176 pages
File Size : 45,7 Mb
Release : 2016-12-08
Category : Electronic
ISBN : 9789264262096

Get Book

State-Owned Enterprises as Global Competitors A Challenge or an Opportunity? by OECD Pdf

An estimated 22% of the world’s largest firms are now effectively under state control, this is the highest percentage in decades. These firms are likely to remain a prominent feature of the global marketplace in the near future.

Author : Angela Zhang
Publisher : Oxford University Press
Page : 272 pages
File Size : 46,6 Mb
Release : 2021-02-08
Category : Law
ISBN : 9780192561206

Get Book

Chinese Antitrust Exceptionalism by Angela Zhang Pdf

China's rise as an economic superpower has caused growing anxieties in the West. Europe is now applying stricter scrutiny over takeovers by Chinese state-owned giants, while the United States is imposing aggressive sanctions on leading Chinese technology firms such as Huawei, TikTok, and WeChat. Given the escalating geopolitical tensions between China and the West, are there any hopeful prospects for economic globalization? In her compelling new book Chinese Antitrust Exceptionalism, Angela Zhang examines the most important and least understood tactic that China can deploy to counter western sanctions: antitrust law. Zhang reveals how China has transformed antitrust law into a powerful economic weapon, supplying theory and case studies to explain its strategic application over the course of the Sino-US tech war. Zhang also exposes the vast administrative discretion possessed by the Chinese government, showing how agencies can leverage the media to push forward aggressive enforcement. She further dives into the bureaucratic politics that spurred China's antitrust regulation, providing an incisive analysis of how divergent missions, cultures, and structures of agencies have shaped regulatory outcomes. More than a legal analysis, Zhang offers a political and economic study of our contemporary moment. She demonstrates that Chinese exceptionalism-as manifested in the way China regulates and is regulated, is reshaping global regulation and that future cooperation relies on the West comprehending Chinese idiosyncrasies and China achieving greater transparency through integration with its Western rivals.

Author : Hong Sheng,Nong Zhao
Publisher : World Scientific
Page : 407 pages
File Size : 42,9 Mb
Release : 2013
Category : China
ISBN : 9789814383844

Get Book

China's State-owned Enterprises by Hong Sheng,Nong Zhao Pdf

The Nature, the Performance, and the Reform of State-owned Enterprises provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It shows that state ownership in the form of SOEs does not use resources efficiently and has a poor record in income distribution. Moreover, SOEs are found to enjoy unfair advantages in their competition with other firms. To illustrate the point, the book presents data revealing how favored policies, monopolistic powers, and subsidies benefit SOEs. These advantages are worth several trillion yuans a year. It is a sad irony that such wealth of the people is used to beef up the revenues of the SOEs, making their accounts look much better than they should be.This book, with its rich empirical data and information, is an authoritative reference for researchers interested in SOEs. It is also a good read for students of social sciences and the public to learn more about SOEs.

Author : OECD
Publisher : OECD Publishing
Page : 120 pages
File Size : 50,8 Mb
Release : 2012-09-03
Category : Electronic
ISBN : 9789264178953

Get Book

Competitive Neutrality Maintaining a Level Playing Field between Public and Private Business by OECD Pdf

Part I: Introduction Part II: Aspects of competitive neutrality Part III: Options for implementation based on national practices

Author : Andrew Szamosszegi,Cole Kyle
Publisher : Createspace Independent Publishing Platform
Page : 122 pages
File Size : 52,9 Mb
Release : 2011-10-26
Category : Capitalism
ISBN : 1475293259

Get Book

An Analysis of State-Owned Enterprises and State Capitalism in China by Andrew Szamosszegi,Cole Kyle Pdf

China's breathtaking economic growth, has often led observers to assume that the country's economic system has been transformed into a capitalist economy dominated by private enterprise. Although China's reliance on private enterprise and market-based incentives has been growing, and the CCP's treatment of private enterprises and entrepreneurs has been changing, it would be a mistake to minimize the current role of the State and the CCP in shaping economic outcomes in China and beyond. The Chinese government and state-owned enterprises (SOEs) remain potent economic forces. Indeed, some of China's SOEs are among the largest firms in China and the world. They are major investors in foreign countries. They have been involved in some of the largest initial public offerings in recent years and remain the controlling owners of many major firms listed on Chinese and foreign stock exchanges.

Author : Joseph Lee
Publisher : Springer Nature
Page : 281 pages
File Size : 43,7 Mb
Release : 2021-05-20
Category : Law
ISBN : 9783030723453

Get Book

Takeover Law in the UK, the EU and China by Joseph Lee Pdf

This book investigates stakeholders’ interests, market players, and governance models for the takeover market in the changing global economic orders. Authors from the UK, Germany, the Netherlands, Australia, and China discuss takeovers in the context of China as a rising power in the global M&A market and re-examine takeover as an efficient method for corporate competition, consolidation, and restructuring. China has come to embrace takeovers as a market practice and is seeking directions for further reforms of its law, regulatory model, and banking system in order to compete with other economic powers. Yet, China is at a very different economic development stage and has different legal and political structures. State-owned enterprises dominate the Shanghai and Shenzhen stock markets – a very different landscape from UK and European exchanges. Researchers and policy makers are currently developing options in response to needs for reform. Recently, China has also announced the opening of its financial markets to foreign ownership. This book reflects on the UK and European models and focuses on the policy choices for China to transform its capital market. The book is of interest to postgraduate students and researchers (LLM, PhD, postdocs), law and management/finance academics, and policy makers.

Author : Ilene Knable Gotts
Publisher : Unknown
Page : 0 pages
File Size : 49,6 Mb
Release : 2024-05-09
Category : Conglomerate corporations
ISBN : 1804490954

Get Book

The Merger Control Review by Ilene Knable Gotts Pdf

Author : Vassilis Ntousas,Stephen Minas
Publisher : Routledge Studies in European Foreign Policy
Page : 0 pages
File Size : 45,6 Mb
Release : 2022
Category : China
ISBN : 1032045469

Get Book

The European Union and China's Belt and Road by Vassilis Ntousas,Stephen Minas Pdf

Foreword / by Thanos Dokos -- Introduction: The Belt and Road and EU international relations policy and law / Vassilis Ntousas and Stephen Minas -- The Belt and Road Initiative as China's approach to global governance : implications for China-EU relations and economic cooperation / Yun Zhao and Hui Chen -- EU-China diplomacy and the Belt and Road Initiative / Jing Men -- The BRI kaleidoscope : European legal pluralism and BRI soft law / Francis Snyder -- The Belt and Road in the single market : towards an EU legal infrastructure to address the regulatory implications / Steven Blockmans and Weinian Hu -- Sino-European financial linkages underpinning BRI projects in Europe / Jens Bastian -- The Belt and Road Initiative and state-owned enterprises : is it time for reform of the EU merger control? / Alexandr Svetlicinii -- EU-China cooperation on promoting sustainable development under the Belt and Road Initiative : consensus built on divergence / Xueji Su -- COVID-19 and EU-China relations / Mario Esteban and Ugo Armanini -- France, China and the BRI : the challenge of conditional engagement / Françoise Nicolas -- Between commerce and geopolitics : is there a German China strategy? / Stefan Mair and Ferdinand Schaff -- Greece between crisis, opportunity and risk as a key BRI node / Dimitris Kokoromytis and Angelos Chryssogelos -- Italy's embrace of BRI and the role of internal political dynamics / Alessia Amighini -- China and the Belt and Road Initiative in Europe : the case of Portugal / Laura-Ferreira Pereira and Paulo Duarte -- Conclusion: The EU's Belt and Road challenge : coherence, consolidation and connectivity / Vassilis Ntousas and Stephen Minas.

Author : Alessandra Vecchi
Publisher : Springer
Page : 111 pages
File Size : 52,6 Mb
Release : 2018-12-15
Category : Business & Economics
ISBN : 9783030042516

Get Book

Chinese Acquisitions in Developed Countries by Alessandra Vecchi Pdf

This book assesses Chinese acquisitions in developed countries, evaluates the drivers and opportunities and, above all, explores the major operational challenges. It discusses topics such as cross-cultural issues, integration strategies, risk and resilience, the influence of emerging technologies, servitization, impacts on reshoring, corporate social responsibility, branding strategies, knowledge management, and transfer of best practices. While emerging market multinational corporations’ (EMNCs) use of mergers and acquisitions as a strategic vehicle has received considerable attention, much less is known about their post-entry activities, such as the implementation of post-acquisition and integration strategies. It can be expected that, compared with their Western counterparts, EMNCs will face radically different challenges that may undermine the success of their products, brands and marketing. Addressing these issues by means of a case study approach, this book is an ideal teaching resource for a variety of courses at both undergraduate and postgraduate level. It also appeals to academics, researchers, and practitioners with a keen interest in manufacturing industry.

Author : Anonim
Publisher : Emerald Group Publishing
Page : 328 pages
File Size : 52,9 Mb
Release : 2016-07-26
Category : Business & Economics
ISBN : 9781786353313

Get Book

China and Europe’s Partnership for a More Sustainable World by Anonim Pdf

This book gathers the main scientific outputs of POREEN, a four-year project on partnering opportunities between Europe and China in the renewable energy and environmental industries. It investigates the main challenges and opportunities related to Sino-European dialogue and cooperation in the green sector with a focus on sustainable growth.

Author : Adrian Emch,David Stallibrass
Publisher : Kluwer Law International B.V.
Page : 560 pages
File Size : 41,6 Mb
Release : 2013-07-01
Category : Law
ISBN : 9789041141316

Get Book

China's Anti-Monopoly Law by Adrian Emch,David Stallibrass Pdf

It probably goes without saying that anti-monopoly law and practice are of very recent vintage in China. In August 2008, 118 years after the Sherman Act and 50 years after the Treaty of Rome, China’s Anti-Monopoly Law (AML) came into effect. Since then the enforcement of the AML has seen significant progress as well as considerable challenges. This volume, comprised of 27 highly informative contributions by more than 40 government officials, academics, economists, in-house lawyers, and private practitioners, introduces novice practitioners to the complexities of antitrust law in China and provides new insight for those already working in the field. Generally following the structure of the text of the AML, topics and issues covered include the following: an overview of the first five years of AML implementation; the institutional framework for antitrust enforcement in China; monopoly agreements between market players; abuses of dominance committed by a single company; problems and potential solutions for information exchanges between competitors; the economics underlying retail price maintenance; refusals to deal; procedural and substantive practice of merger decisions; the application of merger control to joint ventures; ‘administrative monopolies’ and the tension between competition and industrial policies; ways to seek legal redress; litigation (both administrative and civil) and the role of the courts; international cooperation efforts made in relation to Chinese antitrust enforcers; the relationship between the AML and China’s anti-bribery rules; the treatment of vertical integration or cooperation; and how the AML rules apply to intellectual property rights. Throughout the book there are analyses of major judgments with key conclusions to be drawn from them, as well as comparisons with corresponding judgments in other jurisdictions. This book is the first comprehensive analysis of the AML, and as such will be of inestimable value to business persons and in-house counsel, as well as to academics in Chinese law and competition law from a global perspective.

Author : Aaditya Mattoo,Nadia Rocha,Michele Ruta
Publisher : World Bank Publications
Page : 768 pages
File Size : 50,6 Mb
Release : 2020-09-23
Category : Political Science
ISBN : 9781464815546

Get Book

Handbook of Deep Trade Agreements by Aaditya Mattoo,Nadia Rocha,Michele Ruta Pdf

Deep trade agreements (DTAs) cover not just trade but additional policy areas, such as international flows of investment and labor and the protection of intellectual property rights and the environment. Their goal is integration beyond trade or deep integration. These agreements matter for economic development. Their rules influence how countries (and hence, the people and firms that live and operate within them) transact, invest, work, and ultimately, develop. Trade and investment regimes determine the extent of economic integration, competition rules affect economic efficiency, intellectual property rights matter for innovation, and environmental and labor rules contribute to environmental and social outcomes. This Handbook provides the tools and data needed to analyze these new dimensions of integration and to assess the content and consequences of DTAs. The Handbook and the accompanying database are the result of collaboration between experts in different policy areas from academia and other international organizations, including the International Trade Centre (ITC), Organisation for Economic Co-operation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), and World Trade Organization (WTO).

Author : Edimon Ginting,Kaukab Naqvi
Publisher : Unknown
Page : 368 pages
File Size : 47,8 Mb
Release : 2020-07-29
Category : Business & Economics
ISBN : 929262282X

Get Book

Reforms, Opportunities, and Challenges for State-Owned Enterprises by Edimon Ginting,Kaukab Naqvi Pdf

Author : OECD
Publisher : OECD Publishing
Page : 232 pages
File Size : 49,9 Mb
Release : 2005-12-16
Category : Electronic
ISBN : 9789264009431

Get Book

Corporate Governance of State-Owned Enterprises A Survey of OECD Countries by OECD Pdf

Presents the OECD Guidelines on Corporate Governance of State-Owned Enterprises as well as a comparative overview of main practices and issues related to corporate governance of state-owned enterprises in the OECD area.