Archive for the ‘Doing Business in China’ Category

China: Asia’s Handsome 800-pound Gorilla

Tuesday, April 1st, 2008

People's Daily recently reported: "China ranks as the number 1 attractive destination in the world for foreign direct investment (FDI) in AT Kearney's 2007 FDI Confidence Index survey: a survey of global executives conducted regularly by the management consulting firm AT Kearney." Read more...

The End of the Dollar is Nigh

Friday, March 28th, 2008

The Financial Times reports that Chinese suppliers are taking currency matters into their own hands. “’They are moving to euros, pounds, Australian dollars or even quoting prices in renminbi,” David Wei, chief executive, told the Financial Times. Moreover, he added, prices quoted in dollars were now often valid for just ...

Book Review: “The Story of a China Practice”

Thursday, March 27th, 2008

The Story of a China Practice is a great afternoon’s read, a kind of Chinese version of Homer's Odyssey for the company Dezan Shira & Associates (DSA). Subtitled, “A Case Study of Professional Services Development in China,” the compact book is a far cry from Tom Clissold’s Mr. China, in ...

Terms of Frustration in China

Monday, March 17th, 2008

A simple taxi ride from Shanghai to Suzhou put me very much in mind of developing contracts with Chinese – even the simplest of contracts. Very seldom in business do Chinese adhere to the Letter of the Law, while they exorcise its Spirit at their earliest convenience. And if the ...

China Speaking Engagements

Tuesday, March 11th, 2008

Over the next few weeks I'll be speaking at seminars and symposiums in China on a range of topics. If you are a reader of the This is China! BLOG and happen to be at one of the events, please introduce yourself. 31 March 2008, Keynote Speaker, China International Study Program, ...

Strait Talk: Whither Taiwanese Investment Next?

Monday, March 10th, 2008

Mark Forman and I have been corresponding off-and-on for the past half year on-line on going’s-on between Mainland China and Taiwan. Mark, an American, has been living and working in Taiwan for more than ten years, after several years spent living and working in the Mainland. Our frequent conversations are ...

The Chinese Training Junket: How Dumb Can You Be?

Saturday, March 8th, 2008

The Financial Times published an article a couple days ago about the United States government getting tough on “training junkets” American corporations sponsor for Chinese government officials and business managers. “The transgressions have allegedly come in two forms. In one, trips have been offered to government officials to curry favour, as ...

The Games Chinese Managers Play

Wednesday, March 5th, 2008

China Briefing has an insightful article about the lack of exposure most Chinese managers have to international standards of corporate governance. Chris Devonshire-Ellis writes, “A lack of regulatory authority in China means Chinese managers are often not properly educated when it comes to understanding or dealing with international standards of ...

Take the Money and Run … to South Korea

Tuesday, March 4th, 2008

It’s not just the Hong Kong and Taiwanese companies in Guangdong that are closing up shop due to increased costs of doing business and/or they’re just cheap with workers, as I had written a couple days ago in my post Take the Money and Run: South Chinese Factory Closures. Beijingreview.com reports: “On ...

The China Price: Fishing for Fast Change

Monday, March 3rd, 2008

“Most of my fish have died,” I said wryly. Dave (not his real name) and I were having hot pot at a local Suzhou restaurant. Hot pot is a pot of boiling broth – spicy and non-spicy, depending on how you order it – into which hungry patrons dip uncooked ...