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The Clash of Capitalisms? - Chinese Companies in the United States (Hardcover)
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The Clash of Capitalisms? - Chinese Companies in the United States (Hardcover)
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Chinese foreign direct investment in the United States has
generated intense debates. Some welcome it for the immediate
benefits such as job creation; others view Chinese investments,
especially those controlled by the Chinese government, as a
critical threat. The debates have so far missed an important
question: how do Chinese companies investing in the US react to the
host country's law? Ji Li formulates a novel analytical framework
to examine the adaptation of Chinese companies to general US
institutions and their compliance with US laws governing tax,
employment equality, and national security review of foreign
investments. The level of compliance varies, and this variation is
examined in relation to company ownership, including state
ownership. Li's analysis is based on interviews and a unique and
comprehensive dataset about Chinese companies in the United States
that has never been systematically explored.
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