"The Clash of Capitalisms? Chinese Companies in the United States"
Presenter: Ji Li, Associate Professor of Law, S.I. Newhouse Center for Law and Justice, Rutgers Law School
Abstract: Surging Chinese investment in the United States has generated intense debates, many of which revolve around two important yet under-explored questions. One, will Chinese companies engage in rampant noncompliance as in China or adapt to the U.S. institutional setting? Two, does state ownership in Chinese investors make a difference? Using quantitative and qualitative methods, this book investigates the adaptation (or lack of adaptation) of Chinese investors to U.S. legal and regulatory institutions. It finds Chinese investors to be generally adaptive but their reactions to U.S. laws and regulations may vary across firms of different ownership types and different subject matter areas. The book further examines Chinese investors’ adaptation in three areas most relevant to them: the U.S. tax law, the U.S. employment law, and the U.S. law governing national security review of foreign investments (a.k.a the CFIUS review). The empirical findings suggest that Chinese companies, if treated and regulated properly, may become major stakeholders of U.S. institutions and contribute to their long-term resilience.
CRW provides a forum for the presentation of original research by China scholars from around the country in social science and humanities, co-sponsored by Fudan-UC Center on Contemporary China and 21st Century China Program at the UC San Diego School of Global Policy & Strategy. To view archive and upcoming workshops list, visit: http://fudan-uc.ucsd.edu/workshop/index.html