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August 9th, 2007 by China Business Success Stories
By Dan Zhu and Tim Weeber
As China continues being a growth market, the demand for experienced and talented people is growing accordingly. People’s Daily reported that China now has 88 vacancies for every experienced, skilled blue-collar worker. The American Chamber of Commerce reported that over 80% of their members consider recruitment and retention their number one business challenge. As the challenges of recruitment increases, HR and management face one crucial question: “How do we recruit the right people?”
Background
A survey conducted by McKinsey in 2005 showed China is going to need over 80,000 experienced managers with international business exposure by 2020 and the current supply is only around 7,500. These figures illustrate a Read the rest of “How to get the right people in China: An assessment center based selection approach.” or post a comment
August 9th, 2007 by China Business Success Stories
By Brad Luo 罗竞雄
I am on a “trademark” crusade, so I want to beat this dead horse of a topic again.
If you have not registered your trademark in China (the Chinese translation of your mark, including Chinese characters, pinyin, any proprietary pictures, graphics, etc.), you should not even consider signing any licensing agreement at all. Many China bloggers have repeatedly discussed this topic, and I loathe restating the obvious.
Assuming you have done your homework and registered your trademark with the Chinese Trademark Office (“CTMO”), you still have one more regulatory hoop to jump through—submit your licensing agreement to Read the rest of “Licensing Your Trademark in China: One More Thing to Remember” or post a comment
August 8th, 2007 by China Business Success Stories
By Yue Xi
China, with 1.3 billion people and a booming economy, is irresistible to most American companies. But a dream does not make reality - over the years many of have tried to crack the mysteries of the Chinese market and many have failed. If you talk to companies that have tried, including some of the most respected companies in America, the response is inevitably “It was very difficult.” The difficulties go beyond the typical issues that arise when doing business overseas, such as differences in language, culture, regulations, etc. In China, there is more to it. Read the rest of “Five Unpleasant Truths of Doing Business in China” or post a comment
August 7th, 2007 by China Business Success Stories
By Jun
There was a Chinese saying: “no commerce, no evil”. Merchants were thought to be unscrupulous, and commerce was historically considered an ignoble industry in China.
This contemptuous attitude towards businessmen no longer exists in current China. Making money is given priority now.
However, problems come up when this priority may be the only consideration for many businessmen in China. Media reports that forced laborers are Read the rest of ““No commerce, no evil” is no more: how China’s ethical standards affect your business” or post a comment
August 2nd, 2007 by China Business Success Stories
The best offense is a good defense—and vice versa
By Godfrey Firth, originally published in the January-February 2006 issue of the China Business Review.
Few executives in China, at either Chinese or foreign companies, would be shocked to stumble across a knock-off version of their product somewhere in that country. As China’s trade links to the outside world expand rapidly, fewer and fewer foreign companies are surprised to find a China-produced counterfeit in their home market as well. This sobering reality is, however, tempered by some good news: Companies can take steps to prevent intellectual property (IP) theft in China and, increasingly, can pressure the PRC government to enforce the rules of China’s developing IP rights regime.
Over the past 20 years, China has created IP laws that generally adhere to international standards. Weaker implementing regulations and judicial interpretations, procedural barriers, and poor enforcement, however, continue to frustrate the efforts of companies to protect their IP in China. Read the rest of “IP Protection - Best Practice Tips” or post a comment