Multinationals
in sentence
216 examples of Multinationals in a sentence
But the timing and type of allegations against
multinationals
have so effectively damaged their brands that one might ask whether there is a deeper logic to the government’s actions.
Multinationals
are enmeshed in China’s complex political economy – and entangled in the patronage system that underpins it.
The Chinese government claims that it abandoned the policy of requiring foreign
multinationals
to share their IP in exchange for market access two decades ago.
And if Britain wants to entice
multinationals
as a springboard to the European market, it will have to conform to EU rules on competition and other matters.
As developing countries and emerging markets open themselves to multinationals, it becomes increasingly important that they can tax these behemoths on the profits generated by the business that occurs within their borders.
By contrast, if China’s private firms sell to Western multinationals, such as Wal-Mart, Target, or Home Depot, they do not have to worry about getting paid.
A 2006 World Bank report put the average rate of return for foreign
multinationals
in China at 22%.
According to a report compiled by the Conference Board of World Enterprises, the average rate of return on capital for American
multinationals
in China in 2008 was 33%.
But there is no reason to believe they would necessarily move to Germany; many US multinationals, for example, would likely relocate to Ireland.
Another area of controversy is how to reform the taxation of American
multinationals'
foreign earnings.
America's high corporate rate and worldwide approach to taxing the foreign earnings of its
multinationals
undermine their competitiveness in global markets and in cross-border acquisitions.
Current US law attempts to blunt these competitive disadvantages through deferral, allowing US
multinationals
to delay tax payments on their foreign subsidiaries' earnings until they are repatriated to the US.
A key goal is to moderate the incentives for US
multinationals
to “shift their profits to tax havens."
The affected earnings would include, for example, a significant share of foreign income earned by US
multinationals
in the EU, which accounted for about 45% of US
multinationals'
total foreign income in 2012.
Roughly 60% of Chinese exports represent shipments of “foreign invested enterprises” – in effect, Chinese subsidiaries of global
multinationals.
In search of employment, many migrated to the US, where, as disempowered laborers, they went to work for the same (or similar)
multinationals.
In 2008, US corporations gained a 33% return on their investments in China, while other
multinationals
got a 22% return.
The pharmaceutical firms pursuing tougher patent rules, the banks pushing for unfettered access to foreign markets, or the
multinationals
seeking special arbitration tribunals have no greater regard for the public interest than the protectionists do.
The main risk to the US economy comes not from Chinese retaliation against farmers or US multinationals, which may or may not happen, but from the Keynesian tariff effect.
Trump could win personal kudos with a compromise that involved some concessions, both real and apparent, that Xi is willing to make – on the size of the trade imbalance, on intellectual property laws, on further market opening for US
multinationals
and financial institutions, and so on.
Correspondingly, RMB liabilities owed by mainland Chinese and
multinationals
increased, as did RMB assets held by Hong Kong residents.
Exchange-rate arbitrage by mainland importers and
multinationals
creates upward pressure on the CNY and downward pressure on the CNH.
Consequently, mainland importers and
multinationals
stopped buying dollars from the CNH market and returned to the CNY market.
Correspondingly, RMB liabilities owed by mainlanders and
multinationals
decreased, as did RMB assets held in Hong Kong.
So it is not surprising that massive government deficits financed by explosive monetary growth have caused the currency to collapse, with
multinationals
writing down the value of their Venezuelan subsidiaries each time the official exchange rate is lowered.
It is little wonder that
multinationals
have managed to reduce their tax burdens at a much faster rate than smaller firms in recent years.
Le défi Chinois6e3bd40146f86f4031f85308Thirty-five years ago Jean_Jacques Servan_Schreiber's "Le Défi Americain" (The American Challenge) claimed that Europe was in danger of becoming a branch office for American
multinationals.
As China’s e-commerce platforms become increasingly global, they may erode the dominance of giant
multinationals
in international trade.
Major
multinationals
like Apple, Amazon, and Starbucks have structured their businesses to minimize taxes to such an extent that they are now facing sanctions from the likes of the European Union.
And Chinese
multinationals
see a lot of potential in large developing markets like those in Africa.
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