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Newsletter Week 14, 2008 |
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Dear Reader,
Serving a cool million page views a month (yeah!), proved to be too much for our server. Earlier this week we experienced some downtime as a result. The good news: we’ve moved. When you are reading this weeks articles, you are looking at the same site, same China Business content, same options, provided by a brand new server. Meantime we are busy behind the scenes testing functionality and making sure everything works.
Have a nice weekend!
All of us at China Success Stories
PS We welcomed the 2000th member of our China Business Group on LinkedIn earlier this week. Help us make it even bigger (which spells better for your own network) by inviting others, through: http://www.linkedin.com/e/gis/36656/50377703F693
Chinese Expert Guest Blog
Protection vs. Enforcement: Where to start your China IPR Strategy? Part II
To maintain the exclusive rights to IP, an organization must have the mechanisms in place to guarantee continued protection.
First of all, someone must ensure that registered IP rights maintain their validity. Trademarks are registered for 10 years at a time, thus registrations should be extended before the ending of such a validity period. Failure to do so will result in the loss of all exclusive rights to the trademark. Domain names are cheap and easy to register, but a maintenance fee must be paid. Granted patents and designs will have a non-extendable validity of 10 years (for design and utility model patents) or 20 years (for invention) from the filing date, but an annuity must be paid each year to ensure continued validity.
Read the rest or post a comment >>
Q & A
Position with an innovative startup in Beijing or Shanghai
My name is Hsu Li, and I’m currently looking to find a position with an innovative startup in Beijing or Shanghai. For the past 3.5 years I have worked in greater China, primarily as a project manager, first for my own startup and then for business development startups. I believe that my wide range of skills and experiences as a project manager and my motivation to learn will allow me to adjust to the demands of any position quickly …
Answer this question >>
Chinese Expert Guest Blog
Starting a New Business in China: Legal Entity
For the non-lawyer among us, forming the legal entity for a new business can act as a small roadblock in the early stages. In China, formation can be a much larger roadblock, especially as a foreigner trying to navigate countless ministries, language barriers, develop the necessary guanxi, and just generally figure out how the system works.
Due to this, my idea was to have my business started in China in the name of a local partner who’d be responsible for all government, incorporation, and tax issues while leaving me with execution and operations side of the business. In fact, its much easier for Chinese to start a business (in China) than foreigners. Indeed, Chinese persons only need CNY1 to be able to start a business. Anyway, I thought this was the best plan, but then questions of selling, repatriation of profits, etc started to creep into my mind so I sought additional advice.
Read the rest or post a comment >>
Facts & Figures
Online Language
You never know when these statistics might prove to be of value to you. So without further ado, here's our weekly top 10.
Top 10 Languages online
|
Language |
% of all Internet Users Internet |
Users by Language |
| 1 |
English |
30.1% |
379,529,347 |
| 2 |
Chinese |
14.7% |
184,901,513 |
| 3 |
Spanish |
9.0% |
113,463,158 |
| 4 |
Japanese |
6.9% |
87,540,000 |
| 5 |
French |
5.1% |
63,761,141 |
| 6 |
German |
4.9% |
61,912,361 |
| 7 |
Portuguese |
4.0% |
50,828,760 |
| 8 |
Arabic |
3.7% |
46,359,140 |
| 9 |
Korean |
2.7% |
34,430,000 |
| 10 |
Italian |
2.6% |
33,143,152 |
(Source: Internet World Stats)
Chinese Expert Guest Blog
China’s Supply Chain raises the bar - Part I
Innovation is a word we are hearing a lot more of in China these days. The consensus is that as manufacturing costs in China continue to rise and supply chain complexity increases, so companies have to innovate both to save money and to increase efficiency.
In this story we take a deeper look into what a few companies and individuals in China, both foreign and Chinese are doing to lead the way in service, supplier management, IT implementation, as well as cost and process efficiency. These companies and individuals were all winners of awards at the November 2007 CHaINA Summit.
Advances across the supply chain in China are taking the form of new IT implementations, greater levels of service through 3PL’s, better supplier management, strategic location of operations and an increased focus on domestic R&D and development of local human and other resources.
Read the rest or post a comment >>
Chinese Expert Guest Blog
Successful business in China
Although modern times are catching up quickly within the cities of China, understanding the roots of this ancient and complex culture is essential when doing business there. In part II of ‘doing business in China’ Nannette Ripmeester takes a closer look at some of the cultural nuances your expats in China need to be aware of.
When Dutch Jenny van Baden visited China for a holiday from her expat location in Taiwan she was struck by the fascinating developments in the country. “When you are out of Shanghai for one week, a new building or highway might have popped up in front of your window when you return,” she says.
Although modern times are catching up quickly within the cities of China, “understanding their history is essential to comprehend the Chinese and the way they respond to things.” says van Baden, who works for ASML in Shanghai.
Read the rest or post a comment >>
Comments
Osvaldo VIllar in reply to Luxury Brands in China: Part V
Thanks for the link and for your article that sounds very interesting and I appreciated what you have pointed out about VAT rules in China …
Brandon Payne in reply to China Lesson Five: Guanxi, Trust Me
I’m one of those still bashing my head against the wall because I refuse to accept the guanxi system. I’d rather stick to contracts and see you in court.
Weihong Yan in reply to Guanxi in Business
What I understand Guanxi is to make impossible things possible.
Kathryn Buer in reply to Marketing-China and Getting it Right
Interesting article and I would have to agree with Terri’s first point “best practices have no nationality….”. Neither does profit. No matter the country of origin or of operation, …
Sam McQuade in reply to China Lesson Five: Guanxi, Trust Me
Doing business in China is not like America, where one sues everyone and it is arrogant to think you can or should change the local culture. As much as Brandon may not like the…
Erik in reply to Private Equity
Hi there: We have been looking into raising seed capital for a media company in China. As part of our plan development we talked to a few PEG/VC firms that are based in the US but …
China Law Blog in reply to Starting a new Business in China
Nearly everything you say on here is wrong. There is no good way to start a company with a Chinese partner without it being a joint venture. If you...
Jimmy in reply to What the f*&%? Chinese translations found in China
This is the reality and it is funny. I was wondering if I had expressed in Greek to begin with, that results in something similar. Not making fun of ...
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