ABSTRACT

This chapter examines the motivation behind the economic decisions of two government-linked corporations in East Asia. Each has acquired iconic status internationally, yet has generated hostility and anxiety beyond the economic arena. A Government Linked Corporation (GLC) is a company in which the state holds controlling ownership. East Asian emerging economies, many of which are also postcolonial, receive about 30 per cent of the inward FDI (Foreign Development Investment) while themselves providing about the same amount of outward FDI. China, Hong Kong (China) and Singapore alone accounted for 420 billion dollar of inward FDI. If political and economic decisions are driven by emotional investments, one need to understand what those investments are and how they come about (Sioh, 2010; 2014). The stories form a way into understanding those investments. Intimacy as a practice can help create a safe space in which to access these stories.