WTCLA 2024 Foreign Direct Investment Report
Download Report
The LMU Center for International Business Education (CIBE) collaborated with the World Trade Center Los Angeles (WTCLA), an affiliate of Los Angeles Economic Development Corporation (LAEDC), to produce the 2024 Foreign Direct Investment (FDI) in California Report. The 2024 research, “Analysis of California FDI Patterns," led by LMU Assistant Professor of Marketing and Business Analytics Richard Tang, cluster the California FDI’s home countries and regions are into four distinct groups and summarized their defining characteristics. The findings help local governments and business communities develop more targeted and effective policies and strategies customized for different FDI sources focused on foreign-owned enterprises' (FOEs) contribution to the local economy, industry networks, and the productivity benefit for FOEs selecting California, and Los Angeles in particular. Professor Tang presented the research at the 2024 LA Investment Summit.
WTCLA 2023 Foreign Direct Investment Report
Download Report
The LMU Center for International Business Education (CIBE) collaborated with the World Trade Center Los Angeles (WTCLA), an affiliate of Los Angeles Economic Development Corporation (LAEDC), to produce the 2022 Foreign Direct Investment (FDI) in California Report. The 2023 research was led by LMU Assistant Professor of Marketing and Business Analytics Richard Tang. The report illustrates that California and Los Angeles have a diverse economy that brings stability, resilience, innovation and inclusivity to the local economy; thus, international investors should choose CA and LA when expanding their businesses in the U.S. Professor Tang presented the research at the 2023 LA Investment Summit.
WTCLA 2022 Foreign Direct Investment Report
Download Report
The LMU Center for International Business Education (CIBE) collaborated with the World Trade Center Los Angeles (WTCLA), an affiliate of Los Angeles Economic Development Corporation (LAEDC), to produce the 2022 Foreign Direct Investment (FDI) in California Report. The 2022 research, led by LMU Assistant Professor of Marketing and Business Analytics Richard Tang, focuses on foreign-owned enterprises' (FOEs) contribution to the local economy, industry networks, and the productivity benefit for FOEs selecting California, and Los Angeles in particular. Professor Tang presented the research at the 2022 LA Investment Summit.
Disruption in the Travel and Tourism Industries
September 7, 2022
Webinar Replay
This virtual discussion presented the many diverse, global factors disrupting the travel and tourism industries, such as high inflation, the war in Ukraine, geopolitical risks, disruption in supply chains, and the continued economic fallout of the COVID-19 pandemic. Distinguished speakers from Tourism Economics and the Los Angeles Tourism & Convention Board discussed how these factors have impacted L.A.'s economy and travel and tourism industry sectors and explored solutions being implemented to mitigate and address these current challenges. Opening remarks were provided by Yongsun Paik, director, Center for International Business Education. LMU CIBE is a proud sponsor of this Global Initiatives Council program hosted by the Los Angeles Area Chamber of Commerce.
Preparing for the Summit of the Americas: Building a Sustainable, Resilient and Equitable Future
March 23, 2022
Webinar Replay
Los Angeles will bring the world together this June as it hosts the ninth Summit of the Americas. The summit will provide opportunities to promote regional cooperation and address the region’s most pressing issues, including increasing economic competitiveness, enhancing access to technology and promoting democracy and human rights throughout the Americas. This free event explored opportunities for local companies to compete for contracts related to the summit; promotional efforts for international trade and commerce opportunities for L.A.; diplomatic engagement and policy discussions; and health equity. LMU CIBE sponsored this Global Initiatives Council program hosted by the Los Angeles Area Chamber of Commerce.
Navigating an Evolving Global Trade Landscape: What’s Ahead in 2022
February 16, 2022
Webinar Replay
The Center for International Business Education (CIBE) sponsored the Los Angeles Area Chamber Global Initiatives Council. Students, faculty and staff were invited to attend this free webinar featuring a panel of leading global experts who discussed strategies and opportunities for transatlantic trade, US-China trade and WTO reform, and the implications on our region.
WTCLA 2020 Foreign Direct Investment Report
May 27, 2020
Webinar Replay
The LMU Center for International Business Education (CIBE) collaborated with the World Trade Center Los Angeles (WTCLA), an affiliate of Los Angeles Economic Development Corporation (LAEDC), to produce the 2020 Foreign Direct Investment (FDI) in California Report. The CIBE contributed to the report's "Foreign-owned Enterprises (FOE) and Regional Development" section. Representing LMU's CIBE research team, LMU Management Professor Dong Chen participated as a panelist in the webinar, "WTCLA 2020 Foreign Direct Investment Report Release and Panel Discussion." The webinar featured a one-on-one discussion with California’s Lieutenant Governor, Eleni Kounalakis, and a panel discussion with the report’s researchers and economic development representatives from across the state. Download the 2020 Foreign Direct Investment Report.
Why Fly the Empty Skies?: How International Airlines are Responding to COVID-19
April 1, 2020
Video Replay
The outbreak and spread of COVID-19 has disrupted air travel at an unprecedented rate. Airlines are seeing bookings plummet while cancellations skyrocket. Much of this stems from people’s fear of traveling and contracting the virus, but the U.S. has also barred travel from most of Europe, China and Iran. What are airlines doing in the wake of this?
To break down how international airlines are responding to COVID-19, The Los Angeles World Affairs Council & Town Hall, in partnership with the World Trade Center Los Angeles, hosted Dr. Zhihang Chi, VP & General Manager of Air China. Dr. Chi addressed the disruptions within the airline industry generally, and more specifically, the current state of flights between the US and China. Moderated by the WTCLA’s President, Stephen Cheung, the conversation addressed the uncertainty in the industry, and also what we can learn from some airlines’ international coordination as a response to this humanitarian crisis.
Stephen Cheung is a member of the CIBE Advisory Council. He also recently participated in a livestream on LA's Trade & Commerce Challenges Amist COVID-19.
Global Perspectives Virtual Summit 2020
March 27, 2020
Video Replay
LMU Marketing Professor Madhu Viswanathan was a guest speaker at International Hub’s first annual Global Perspectives Virtual Summit 2020. He spoke on bottom-up educational initiatives that evolved in subsistence marketplaces.