April 23rd, 2009 by China Business Success Stories
For the last few years, one of the main themes of this blog has been how China has and will continue to increase its enforcement of its commercial laws, particularly as they apply to foreigners. We have written about the increase in crackdowns on those in China without the proper visa, about closing of unregistered businesses, the need to comply with the Labor Contract Law, and a stepping up of environmental enforcement. I’d like to take some of…
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April 22nd, 2009 by China Business Success Stories
One of the foremost world authorities on trust is Francis Fukuyama of the Rand Corporation. In his definition he refers to trust as “the expectation that arises within a community of regular, honest and co-operative behaviour.” When he discusses the Chinese in a management sense, he says that Chinese have a more difficult time than Westerners to become professional managers because of their inclination to deeply trust only people related to…
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April 21st, 2009 by China Business Success Stories
Exhibitions are normally considered as a one-stop approach for buyers to meet suppliers. However, many people experience limited outcomes from attending an exhibition in China because of insufficient communications with suppliers (if the exhibition is too crowded, for example); absence of senior management at the booths; language barriers; limited product displays, etc. Yet to achieve good results from an exhibition is not difficult as long as…
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April 20th, 2009 by China Business Success Stories
China Administration of Taxation recently promulgated a Circular (Guoshuifa 2009 No 3) (“hereinafter referred to as “The Circular”) to strengthen the control of Non-TRE Income Tax Resourcing Deduction. The below mentioned enterprises shall be regarded as Chinese Tax Resident Enterprise (TRE):
a. An enterprise which is established and…
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April 16th, 2009 by China Business Success Stories
It’s lead paint on a children’s giveaway toy. It’s a computer mouse that can seriously shock the user. It seems that every new day brings a wave of product recalls and safety alerts in regard to product coming from China. Promotional product importers and distributers are just as susceptible as retailers to the disastrous effect on business and reputation that distributing a dangerous product will bring. As more of us in the promotional product industry deal with…
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