Download pdf
Research on Environmental Legal Risks in Foreign Investment of Chinese Transnational Corporations
- 1 Henan University of Technology
- 2 Changchun Normal University
* Author to whom correspondence should be addressed.
Abstract
Since the development of the trend of economic globalization, the number of China's overseas investment projects has risen sharply, but at the same time, the potential environmental problems and risks in the investment process have become evident. This essay discusses the environmental legal risks faced by Chinese transnational enterprises in the process of outbound investment and analyzes the specific impact of host country environmental regulation risk and multilateral treaty environmental regulation risk. As global environmental problems become increasingly serious, the investment activities of transnational corporations (TNCs) may be harmful to the local environment while promoting local economic development. This essay summarizes the current status of research on environmental legal in Chinese and international academia, emphasizes that home countries should take responsibility for environmental protection in their investment places when promoting overseas investment. This essay proposes a strategy covering three dimensions--international level, home country and TNCs, in order to promote the sustainable development of TNCs’s overseas investment.
Keywords
External investment, transnational corporations, environmental protection, environmental legal regulation risk
[1]. Wang Na. (2018). M.S. in Environmental Protection in China's Overseas Investment (Dissertation, Northwest University).
[2]. Wang Yan Bing. (2009). Ph.D. in Environmental Law Issues in International Investment Rules (Dissertation, East China University of Political Science and Law).
[3]. Sun Shiyan, New Development of International Law, Beijing: China Social Sciences Press, 2010.
[4]. Bishop, R.D., Crawford, J.R., & Reisman, W.M. (2014). Foreign Investment Disputes: Cases, Materials and Commentary.
[5]. Gray, K.R. (2002). Foreign Direct Investment and Environmental Impacts – Is the Debate Over? Review of European Community and International Environmental Law, 11, 306-313.
[6]. MINISTRY OF COMMERCE PEOPLE'S REPUBLIC OF CHINA. From January to June 2024, China absorbed 498.91 billion yuan of foreign investment. July 12, 2024.Retrieved on July 15, 2024.Retrieved from: https://www.mofcom.gov.cn/xwfb/roxwfb/art/2024/art_40c540bd5d994587a7e3e364c43e594a.html
[7]. Wang Wenjun. (2012). Environmental Legal Risks of China's Outward FDI and Its Preventive Measures. (Doctoral dissertation, University of International Business and Economics).
[8]. Yan Scion, "Research on the Prevention and Control of Legal Risks of China's Energy Investment in Arctic Countries", Northwest University of Political Science and Law, March 15, 2022
[9]. Faye Wong, The Dilemma Faced by the Negotiation of the World Environmental Convention, Its Causes and Solutions, Environmental Protection.
[10]. ISD Reporting Services. Summary of the Third Substantive Session of the Ad Hoc Open-ended Working Group towards a Global Pact for the Environment [EB/OL]. (2020-08 23). https://enb.iisd.org/vol35/ enb3503e.html.
[11]. Chen Demin, Zheng Zeya. Xinjiang Social Sciences,2020, (02):83-90+147-148.
[12]. Zheng Zeya, "On the Institutional Value of Multilateral Investment Guarantee Mechanism to Prevent Environmental Risks Based on the Analysis of Environmental and Social Sustainability Criteria", Journal of Central South University of Forestry and Technology, No. 4, 2018.
[13]. Hou Lu and Zheng Xue ying, "The Construction of Environmental Rule of Law from the Perspective of Ecological Civilization", Guangxi Social Sciences, No. 8, 2017
[14]. Hu De Sheng and Ou Jun, "The Environmental Responsibility of Chinese Enterprises' Direct Investment in Other Countries along the Belt and Road", Journal of Xi'an Jiao Tong University (Social Sciences), No. 4, 2016, p. 48.
Cite this article
Ji,X.;Pan,J. (2024). Research on Environmental Legal Risks in Foreign Investment of Chinese Transnational Corporations. Lecture Notes in Education Psychology and Public Media,66,1-9.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
Disclaimer/Publisher's Note
The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
About volume
Volume title: Proceedings of ICILLP 2024 Workshop: Turkey's Current Corruption Situation: Laws, Economic lmpact and Government Analysis
© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and
conditions of the Creative Commons Attribution (CC BY) license. Authors who
publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons
Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this
series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published
version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial
publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and
during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See
Open access policy for details).