This event is free and open to the public. It will be held at the Hoover Institution in HHMB 160 on Wednesday, January 16 from 4:00-5:15pm. Register to attend in person or virtually.
Professor Chen will discuss two distinct strategies for scrutinizing outbound investment from China, as adopted by Taiwan and Singapore—both key trade partners of China. Growing concerns over Chinese investment have led to stricter national security reviews worldwide, yet the actual enforcement of these reviews remains understudied, particularly outside the U.S. context. He contrasts Singapore's reliance on ex post monitoring with Taiwan's emphasis on ex ante screening. Additionally, he highlights how Singapore leverages privatized monitoring to reinforce investment scrutiny, while Taiwan incorporates elements of private enforcement. The discussion underscores the importance of utilizing market intermediaries as enforcement agents, serving as a crucial supplement to the traditional framework of national security reviews. Both cases demonstrate how the private sector can take a proactive role in enforcing national security reviews.
Weitseng Chen is a faculty member at the National University of Singapore Faculty of Law, specializing in law and economic development, law and politics, and legal history in the context of Greater China. He has recently published several books, including Regime Type and Beyond: The Transformation of Police in Asia (CUP, 2023), Authoritarian Legality in Asia: Formation, Development and Transition (CUP, 2019), The Beijing Consensus? How China Has Changed the Western Ideas of Law and Economic Development (CUP, 2017), Property and Trust Law: Taiwan (with Yun-Chien Chang & Y. J. Wu, Kluwer, 2017), and Law and Economic Miracle: Interaction Between Taiwan’s Development and Economic Laws After WWII (in Chinese, 2000). Weitseng Chen earned his JSD from Yale Law School. Prior to joining NUS, he served as a Hewlett Fellow at Stanford’s Center for Democracy, Development, and the Rule of Law (CDDRL) and practiced as a corporate lawyer in the Greater China region with Davis Polk & Wardwell.