I wish to be clear: all foreign investments will be safe in Zimbabwe.
The Vanguard Experiment was designed to prove that mutual funds could operate independently, and do so in a manner that would directly benefit their shareholders.
We had something in the United States called, which is called CFIUS, which is the Committee on Foreign Investment in the U.S. My husband used to be one of the lawyers on that committee.
The Chinese are welcome to invest in industries in Malaysia. But just as we would not welcome mass immigration of Indians or Pakistanis or Europeans or Africans into Malaysia, we have to adopt the same stance on Chinese immigration into Malaysia.
ESG investing poses particular concerns under the Employee Retirement Income Security Act, or Erisa, the federal law governing private retirement plans.
I support the view that free trade in goods and services is a win-win situation. I'm not so convinced that free flows of capital without restriction is a win-win situation.
To help resolve conflicts, the rules-based multilateral trading system should be strengthened and modernized to encompass areas such as digital services, subsidies, and technology transfer.
From my experience, there are so many regulations for investing in the United States that they become an impediment, a barrier to investing.
Regulations for international accounting and funding will have to be examined to identify policies that inadvertently discourage institutional investors from putting their resources into longer-term, illiquid assets.
