Less than a month ago, we wrote a post, entitled, How To Form A China Company (WFOE or JV). Hong Kong Entities. They’re Baaaaack. The gist of that post was that my law firm was now favoring the forming of Special Purpose Entities in Hong Kong to hold the soon to be formed Mainland China Wholly Foreign… Continue Reading
Tag Archives: Russia
Bo Xilai’s Lessons For Your China Business
Posted in China BusinessBy now just about everyone has a rough outline on the goings on surrounding Bo Xilai, Chonqing’s former power boss. To grossly summarize: Xilai and his wife were very powerful. Businesses (including foreign businesses) were taken by Bo Xilai and his wife’s power and sought to ally with them. A British businessman, Neil Heywood, who… Continue Reading
Bribe Paying Countries. China Is Second Worst.
Posted in China BusinessTransparency International has just come out with a new ranking of bribe paying countries, entitled the 2011 Bribe Payers Index (h/t The Diplomat). This index “ranks 28 of the world’s largest economies according to the perceived likelihood of companies from these countries to pay bribes abroad. It is based on the views of business executives… Continue Reading
Service In China. Good Luck With That.
Posted in China Business, China TravelI love it when my wild assertions are proven right. I am always writing about how terrible the service is at China’s hotels and restaurants and I have often posited that service in China is the worst in the world. In “This Is China. I Laughed, I Cried,” I wrote about a blogger’s “Kafkaesque situation… Continue Reading
Is China Too Risky? Aon Says No.
Posted in China BusinessNot quite sure why, but I have been writing a lot lately about the risks of operating a business in China. A few months ago, I did a post entitled China Is The Risk. I See Clouds and a few weeks ago I did a post entitled Secure And Insecure Countries. In Light Of Egypt. An Open Thread. Both… Continue Reading
China And The BRIC Dream
Posted in China BusinessJust watched a ten minute or so movie on Goldman Sach’s website, entitled, “The BRICS Dream” [link no longer exists] (h/t to the Cal Poly MBA Trip Blog). BRIC is an acronym for Brazil, Russia, India, and China and the movie, “led” by Jim O’Neill, Goldman Sach’s Head of Global Economic Research, notes it was… Continue Reading
Service Sectors Will Reign In China, Part II, But Nobody Ever Said It Would Be Easy
Posted in China BusinessIn “Service Sectors in China Will Reign” and in “The Little Red Book of China Branding, we wrote of how China’s economy is ripe for entry of foreign service businesses. Just this year, as per the WTO, China greatly liberalized its laws allowing entry of foreign service businesses. In Today’s Wall Street Journal, however, in… Continue Reading
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