china business

China Kills Recycling! Waste Monster Keeps Growing!

chinalawblog — Wed, 03 Dec 2008 13:58:00 -0600

One of the things that has always fascinated me about microeconomics is how imperfectly it can track the macro picture. For example, on the macro level, we might hear of a country experiencing negative growth, but on the micro level, this means some companies might still be growing at 20 percent a year.
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The new SAFE regulations

China Business Success Stories — Wed, 03 Dec 2008 06:48:00 -0600

To improve foreign exchange administration of foreign-invested enterprises and to facilitate the handling and verification of foreign currency capital, the State Administration of Foreign Exchange (SAFE) have recently issued a new notice. The new regulations aim to prevent hot money from flooding into China to establish foreign-funded enterprises and to allow regulators to closely monitor [...]
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China PR Says Everything Is Fine And That Ain't Just Spin.

chinalawblog — Tue, 02 Dec 2008 11:08:00 -0600

Interesting though admittedly somewhat unscientific poll up on the Capital Record blog (a consistently thoughtful blog which I just added to our blogroll), in its post, "Poll portends positive for China PR." The post is on a poll conducted on the blog finding that 75% of 56 respondents see a positive year ahead for PR in China:
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Concentrated Distribution

China Business Success Stories — Tue, 02 Dec 2008 04:10:00 -0600

Just like in other countries, being dependent on one relation is also not advisable in China. Whether it concerns a client or supplier, a distorted relationship will often cause pressure. This will result in a weak negotiation position which, in some situations, will cost you dearly.
Satisfaction with the current situation should not be an excuse [...]
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Chinapolis: A Bit About China's Big Five Cities

chinalawblog — Mon, 01 Dec 2008 08:39:00 -0600

The most recent issue of Foreign Policy Magazine has a story entitled, the "Global Cities Index," in setting out the 60 cities "that shape our lives the most." Beijing (#12), Shanghai (#20), Guangzhou (#52), Shenzhen (#54) and Chongqing (#59) made the list and a sidebar article entitled, "Chinapolis," provides the following information on these cities:

Beijing (#12)

Population: 11.1 million
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The great glass curtain walls of China. Part 5

China Business Success Stories — Mon, 01 Dec 2008 07:12:00 -0600

On a miserable drizzly Friday afternoon, a minibus from the Chongqing city government turned up at the university gate, blaring Michael Jackson’s Thriller over the sound system. An import/export company had arranged the bus to drive us to their offices for a price discussion. Jackson and, surprisingly enough, several familiar and unknown faces greeted me [...]
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David Dollar's Blog. I Almost Love It.

chinalawblog — Sun, 30 Nov 2008 19:38:00 -0600

There are four kinds of people:

1. Those who truly love the Financial Times and the Economist Magazine.

2. Those who claim to love the Financial Times and the Economist Magazine, but only because they want to be viewed a certain way.

3. Those who read the Financial Times and the Economist because they know they should, and

4. Those who read neither.

I fit into category 3, firmly believing category 1 people are an extremely rare breed.
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China Losing Manufacturing Luster. I Buy That.

chinalawblog — Sun, 30 Nov 2008 00:38:00 -0600

I am always saying that my law firm's clients (virtually all of whom are SMEs doing business internationally) are not leaving China because of its new Labor Contract Law, not leaving China because of its increased costs, and not leaving China because Vietnam is better.
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Everything You Always Wanted to Know About China's Economy

chinalawblog — Fri, 28 Nov 2008 22:58:00 -0600

A good friend of mine who is an executive at a large American Bank that owns a good-sized chunk of a large China bank, sent me this report on China's economy from the World Bank. He said that "his" bankers think very highly of this report, as do I.

Its highlights, as set forth on the World Bank's own website:
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How To Treat Your China Employees. I Dunno.

chinalawblog — Thu, 27 Nov 2008 06:38:00 -0600

Interesting article by James Hudson over at China Success Stories. Article is entitled, "Want Committed Employees? Learn to Trust Them." Its thesis is that if you want your Chinese employee to work hard for the company, like the company, and do what he or she can for the company, you, as the company, must show real faith in your employee. And this faith includes trusting your employee to handle responsibilities and to give them the freedom they need to succeed.
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