Call for Papers
4th East China University of Science and Technology – University of San Francisco International Symposium
Date: May 25-26, 2019
Location: Shanghai, P.R. China
Currently, the international economic structure is undergoing tremendous changes. On one hand, anti-globalization sentiment and subsequent protectionism keep rising across the developed economies. The protectionist trade policies of United States, and the China-US trade war in particular, are causing the world economic system to undergo turbulent adjustments and hindering foreign direct investment from emerging market countries.
On the other hand, emerging market countries have also strengthened supervision of transnational capital flows to avoid capital loss and cross-border arbitrage activities. These factors together determine that investors from emerging market countries cannot follow the conventional model of the past and instead, must search for a new path for future investment.
Take China as an example. As the Chinese government tightens its control over overseas investment, China’s outbound foreign direct investment in 2017 fell by 30% from the previous year. Under the influence of trade protection policy, the Committee on Foreign Investment in the United States (CFIUS) rejected more than $2 billion in acquisitions in the first five months of 2018.
Affected by the above factors, Chinese companies sold about $9.6 billion of US assets in the first five months of 2018. The total investment in the US was only $1.8 billion, down 92% from the same period in 2017 (Rhodium Group, 2018). The frustration over investment in the United States and the government’s control over cross-border investment have led Chinese companies to seek new investment opportunities. According to the statistics of the Ministry of Commerce of China, in the first half of 2018, the value of Chinese companies’ mergers and acquisitions in Europe increased by 40%, which is 4.5 times the amount of US mergers and acquisitions.
At the same time, Chinese companies’ M&A transactions in the “One Belt One road” countries amounted to 43 cases, accounting for 20.8% of the total transactions in the same period; the newly added investment in the “One Belt One road” countries was $7.4 billion, rising 12% year-on-year and reaching a total of 12.9% in the same period. The direction of China’s foreign direct investment is quietly changing.
Similarly, in the context of global change, other emerging market economies are also facing the same foreign direct investment choices. So, what changes have occurred in foreign direct investment in emerging market countries, industries and enterprises? What lies behind these changes? How should the strategy of foreign direct investment in emerging market countries be adjusted? What will be the direction of foreign direct investment in emerging market countries in the future? These issues need to be extensively discussed and answered.
Given these gaps, the Institute of Management and Organization, School of Business, ECUST, together with the Chinese Business Studies Initiative (CBSI), School of Management at University of San Francisco, will launch their 4th international symposium on May 25 – 26, 2019. This symposium will provide a platform for sharing ideas and insights among scholars and business executives in terms of current and future research on these issues. During this two-day symposium, various sessions including paper presentations, keynote speeches, and academic and industry panel discussions will be organized. Scholars, business executives, entrepreneurs, and policy-makers are invited to join us in the discussion.
This symposium aims to provide a platform for both scholars and practitioners to share ideas. Any topics related to foreign direct investment and emerging market multinationals are encouraged and appreciated here.
Keynote Speakers (updating…)
Mike W. Peng University of Texas at Dallas
We invite scholars to present research and identify questions that concern foreign direct investment from emerging market multinationals. Your submission must include a 1-2 page extended abstract with the following components (where relevant):
- Research limitations/implications
- Practical implications
Symposium Date: May 25 and 26, 2019
Registration Deadline: April 30, 2019
Registration fee: ￥600 or US$100 (￥400 or US$ 60, for students)
Account payee: 033296-08017003862
Payee: East China University of Science and Technology
Bank of deposit: Caoxi branch, Shanghai, The Agricultural Bank of China
Remittance remark：Name+University+School（Please be sure to indicate！）
Haifeng Yan East China University of Science and Technology
Xiaohua Yang University of San Francisco
The Planning Committees (in alphabetical order of surnames)
|Taotao Chen||Qsinghua University|
|Manli Huang||South China University of Technology|
|Donghong Li||Qsinghua University|
|Lei Li||University of Nottingham Ningbo China|
|Weiwen Li||Sun Yat-Sen University|
|Yu Li||University of International Business and Economics|
|Jane W. Lu||China Europe International Business School|
|Ping Lv||University of Chinese Academy of Sciences|
|Gloria Ge||Griffith University Business School|
|Yimin Wang||Shandong University|
|Bing Wu||East China University of Science and Technology|
|Jianzu Wu||Lanzhou University|
|Xianming Wu||Wuhan University|
|Hongming Xie||Zhejiang University of Technology|
|Xiaojun Xu||Fudan University|
|Gracy (J.Y.) YANG||University of Sydney|
|Xiao Zhang||Nanjing University|
|Qinqin Zheng||Fudan University|
Bing Wu East China University of Science and Technology
Liang Wang University of San Francisco
Yi Ke East China University of Science and Technology
Haibo Zhou East China University of Science and Technology
Qihu Wang East China University of Science and Technology
Qiong Wu East China University of Science and Technology
Molin Wang East China University of Science and Technology
Roger Chen University of San Francisco
Matt Monnot University of San Francisco