November 3rd, 2008 by China Business Success Stories
Over the past several weeks I have read countless articles supporting conflicting positions on the Fed’s ever increasing injections of capital into the banking system as well as the proposed 700 billion dollar bailout of the banks. Most authors have taken one side or the other, either agreeing with the massive injections as necessary or railing against the Fed and Treasury for leading us down an inflationary spiral.
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October 30th, 2008 by China Business Success Stories
The Industrial and Commercial Bureau recently announced new registration guidelines. Companies in the process of registering their business in China are asked to conform to the following new administrative changes:
1) Foreign companies are now asked to provide all application documents, certificates or copies printed on A4 paper. Prior to the new regulations, it was quite…
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October 27th, 2008 by China Business Success Stories
When the complexity of a product increases, the complexity of the selling process increases proportionally. Especially in the business-to-business sector, the selling of products to Chinese buyers is a complicated and time-consuming business.
Once negotiations start, we in the West want to know what kind of product we can get for what investment. Having a specified price index helps to motivate us…
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October 23rd, 2008 by China Business Success Stories
By Paul Denlinger
Following on the global credit crisis, many have come to me to ask how these changes will affect China. As I have said earlier, China and the US are two sides to the same coin, and it pays to look at them as one economy, as this Newsweek article does. It goes without saying that this crisis will have a profound effect on China, and I’m not optimistic about the capability of the Chinese central government in Beijing to deal with it as quickly as it should.
Michael Pettis, who lives and teaches in Beijing, has been a persistent advocate of stimulating more domestic spending from Chinese consumers, and continues to advocate that position. I agree that this is necessary; I don’t think that this will happen quickly or on an even basis. Read the rest of “The New Investment Rules For China” or post a comment
October 15th, 2008 by China Business Success Stories
The current financial tsunami has further weakened the US economy. Recently I was asked by friends and colleagues in the trade show industry for whether or not there would be decrease of the US buyers traveling in Hong Kong and China for visiting trade shows. I think the answer is quite obvious. As far as I know, the number of the US buyers who travel long-haul to visit sourcing trade shows has started declining since last year.
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