Memo #236
Featuring XU Xiaojie – xiaojie_xu [at] yahoo.com
XU Xiaojie, Director of World Energy at the Institute of World Economics and Politics at the Chinese Academy of Social Sciences discusses the relationship between Chinese and Canadian energy companies, and the motivations behind Chinese investment in Canada.
Canada is important to China industry wise, particularly due to Oil Sands and other sources of energy production. After a substantial period of research, China began to invest in Canada, as it diversified from the developing to the developed world.
Chinese companies had a lot to gain from working in Canada, particularly when it comes to good governance, balancing public opinion, and operating corporate social responsibility agendas.
Best Practices Guidelines have been developed to oversee this process, and help localize Chinese companies working overseas. Best Practices Guidelines offer a framework for sustainable cooperation between China and Canada. Although at this point they remain conceptual, they can be expanded to other places of investment, particularly similar jurisdictions such as the United States, Australia, and Western Europe.
Best Practices Guidelines: Chinese Energy Investment in Canada (6.01 minutes)
About the Interviewee:
XU Xiaojie is the Director of the World Energy at the Institute of World Economics and Politics at the Chinese Academy of Social Sciences.
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