Foreign Business Activities Research Articles

Foreign Investment Law in the People's Republic of China: Dilemmas of State Control

The legal regime for foreign investment in the People's Republic of China over the past 15 years has reflected a basic tension between encouraging foreign business activities and maintaining state control over them. While China's policies may be viewed as attempts to pursue an independent path towards development, neo-classical and critical perspectives on the role of the state in economic development provide useful contexts within which to view the PRC's efforts at harnessing foreign investment in pursuit of economic growth. This article reviews the structure and performance of foreign investment law and policy in the People's Republic of China in the context of these alternative approaches to the role of the state in economic development.

Political Risk and the Evolution of the Control of Foreign Business:

Extreme forms of government intervention such as expropriation, nationalization, and confiscation have received much attention in the business and academic communities. This paper argues that in the future governments will attempt to regulate foreign business activities by exercising control over marketing mis variables to achieve socioeconomic and political objectives. Therefore, international marketing managers should anticipate the likely effects of political risk on marketing mix variables and develop strategies accordingly.

The role of the chemical industry in development

Contents. I. Introduction: Chemistry and world needs. II. World food situation and agriculture. 1. Food supply. 2. Agriculture and food policies. III. Chemistry and food. 1. Mineral fertilizers. 2. Pesticides. 3. Protein supply. 4. Protection of the harvest. IV. Chemistry and health. 1. Control of vectorborne diseases. 2. Contributions of chemistry to health. V. Activities of the internationally operating chemical industry. 1. Foreign business activities. 2. From exports to investments abroad. 3. Investments in developing countries: A bridge for technology transfer. 4. Cooperation requires a favorable investment climate.

Foreign content of U. S. corporate activities

THE SUBJECT of this article has been treated in various ways in previous issues of this Journal. In the January-February 1965 issue Walter P. Stern reviewed the magnitude of "U. S. Direct Investments Abroad," and detailed the foreign sales, earnings, and assets of 37 U. S. companies for the years 196162-63. In the September-October 1965 issue E. Bruce Fredrikson dealt with the problems of security analysis and the multinational corporation. The objectives in this article are to extend and build on the excellent work found in these previous studies. In doing so, the authors have used the 1964 operations of the 500 largest industrial corporations in the United States as a sample.' These corporations have a larger relative share in foreign business activities than smaller companies of a less specialized nature.2 In addition to establishing the over-all importance of foreign operations to major United States business firms and to the United States economy, the current article points to the increasing importance of this subject to the security analyst.