Prevention of labor employment risk using fuzzy inference systemin China-invested enterprises in Central and Eastern Europe under belt and road initiative

Abstract

The “Belt and Road” initiative (BRI) enhances the cooperation between China and countries in Central and Eastern Europe (CEE), and expands the scale of China-invested enterprises in CEE countries continuously. But it also results in the increase in investment risks. Meanwhile, large differences between the international labor market and the domestic employment environment have led to the inadaptability of some enterprises’ overseas employment policies, triggering many labor disputes, and producing adverse effects on their overseas business expansion. To resolve the problems, this paper attempts to study the measures to prevent labor employment risks using fuzzy inference system for China-invested enterprises in CEE. For this, it performs analysis for the scale, structure, labor quality, wages and benefits, and labor law system of labor employment in CEE countries, and proposes to prevent and resolve the labor employment risks by strengthening government labor cooperation, familiarizing with local labor law systems, and respecting local management culture etc.

Risk Assessment of Haier Group’s Overseas Investment Under International Financial Reporting Standards

“…Overseas investment has become the only way for enterprises to become bigger and stronger and achieve internationalization. In recent years, the development momentum of overseas investment by Chinese enterprises has been particularly rapid ( Xu et al, 2021 ). By 2021, China’s overseas investment will increase by about 50% year-on-year, accounting for about 20% of the world’s total.…”