In recent years, China, the US, and the EU and its Member States have either promulgated new national laws and regulations or drastically revised existing ones to exert more rigorous government control over inward foreign direct investment (FDI). Such government control pertains to the establishment of an ex-ante review regime of FDI in the host state in sectors that are considered as ‘sensitive’ or ‘strategic’, with an aim to mitigate the security-related implications. This book conducts a systematic and up-to-date comparative study of the national security review regimes of China, the US, and the EU, using Germany as an exampling Member State. It answers a central research question of how domestic law should be formulated to adequately protect national security of the host state whilst posing minimum negative impacts to the free flow of cross-border investment. In addition to analyzing the latest development of the national security review regimes in aforementioned jurisdictions and identifying their commonalities and disparities, this book establishes a normative framework regarding the design of a national security review regime in general and proposes specific legislative recommendations to further clarify the law. This book will be of interest to scholars in the field of international and comparative investment law, investors who seek better compliance programs in the host state, and policymakers who aim for high-quality regulation on foreign investment.
China has developed a piecemeal pattern of regulating foreign investment since the end of 1970s. The latest law is the Foreign Investment Law (FIL), which became effective on 1 January 2020. The groundbreaking new FIL is well acknowledged for its promises and affirmations pledged to investors, signalling China’s eagerness to improve its investment environment and regain momentum for investment growth. This book provides an updated and holistic understanding of the key features of the regulatory regime on foreign investment in China with critical analysis of laws and their implementation. It also examines sensitive and complex legal issues relevant to foreign investment beyond the 2020 FIL and new developments on foreign-related dispute settlement. The book uses cases of success and failure to illustrate the nuances and differences between law and practice regarding foreign investment. Considering China’s magnitude in the global economy and the weighty role of the regulatory system on foreign investment in China, this book is of great interest to a wide range of audience including academics in the field of investment law, legal practitioners, policymakers, and master's students in law and in management.
Provides a comprehensive and multidisciplinary perspective on the factors important to the successful operation and growth of China's domestic private firms.
Here are twelve moving short stories about Taiwan and its people by one of the island's most popular writers, Cheng Ch'ing-wen. Focusing primarily on village life and the effects of modernization on Taiwan in the postwar years, Cheng is one of the most respected of the island's "nativist" writers, yet this is his first book to be translated into English. This anthology represents the best of his fictional efforts across a forty-year span and encompasses his major themes: the tensions between men and women, parents and children, city and village, tradition and modernity. Taken individually, each story presents a moving portrait of paralysis, frustration, or self-realization. Together, they weave a complex tapestry of life in a rapidly changing country. Cheng Ch'ing-wen's stories tell of men grappling with their fears and frustrations, from "The River Suite," in which a ferryman-championed throughout his small town for twice saving a drowning person-lacks the courage to confess his love to a young woman before she dies, to "Spring Rain," in which a man struggles to come to terms with his seemingly rootless life as both an orphaned child and an infertile husband. Here too are illustrations of the changing place of women in Taiwan, as they take on more powerful roles and awaken to a sense of their own sexuality: a woman forcibly separated from her husband by her jealous mother-in-law walks for hours through the night to see him on his birthday, only to turn back and go straight home before her absence is noticed; a disappointed young female scholar with a deformed hand comes to realize--after many painful rejections--that loneliness is not reason enough to become intimate with a man. And generations clash in "Thunder God's Gonna Getcha," as a mother's cruelty is repaid years later by a son's coldness. Death reverberates throughout these stories as characters recall deceased spouses, lovers, relatives, and friends in vivid detail. The focus, however, is not on the dead but on the living. In the title story, an old man carves exquisite lame horses as both a penance for having terrorized a town as a police officer during the Japanese occupation of Taiwan in World War II and a memorial to his deceased wife, who was nobler and more courageous than he. This book is a kind of gallery of three-legged horses: portraits of people maimed and transformed-for better or worse-by the suffering that life brings.
Coincided with China’s economic reform and her rapid ascendance to a great power status, the relations between Taiwan and Chinese mainland since 1979 have also seen some encouraging development. However, the rapprochement is nothing but a smooth ride. Taiwan Strait has always been full of tensions and hostility since the communist took over the mainland over sixty years ago.The periodical tensions in the cross-Strait relations have from time to time threatened to derail the peace talks between the two sides, and poised to jeopardize the region’s peace and stability. This book studies the past, present and future relations across the Taiwan Strait and examines many important questions such as internal and external factors contributing to the Taiwan’s shift in her mainland policy, impacts of Taiwan democratization on the cross-Strait relations, the development of Taiwanese identity and rise of Taiwanese nationalism, the possibility of expanding Taiwan’s international space under the shadow of China, the prospect of reunification between Taiwan and China, and the roles of the third parties, such as U.S., NGOs and Taiwan businessmen, in the changing relationship between the two sides. Taiwan and the Rise of China will certainly help readers, especially those who lack of historical perspective of the political division of the two political adversaries, to grasp the complexity and nature of the cross-Strait relations and faster a real understanding of the significance of this relationship to peace in the region as well as the world in the 21st century.
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