The Clash of Capitalisms?
Chinese Companies in the United States

Li explores foreign investors' compliance with host countries' laws, drawing from detailed data on Chinese direct investment in the US.

Ji Li (Author)

9781107157156, Cambridge University Press

Hardback, published 24 May 2018

238 pages
23.5 x 15.7 x 1.6 cm, 0.53 kg

'The most substantive and comprehensive treatment of the ever more important question of how Chinese companies adapt to foreign laws and institutions as they expand their global reach. A must-read for all academics, business leaders, and policymakers who want to better understand the behavior of Chinese companies in the global economy.' Wentong Zheng, University of Florida College of Law

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.

1. Introduction
2. Chinese foreign direct investment in the United States
3. Chinese investments and US legal and regulatory institutions
4. State ownership and Chinese investors' reactions to US institutions
5. Chinese companies in the US tax system
6. Chinese companies and the US employment law
7. Chinese companies and the US national security review
8. Implications and questions for the future.

Subject Areas: Banking law [LNPB], Financial law [LNP], Law [L]