Constructive criticism or an insult?

May 16th, 2008  by China Business Success Stories

Constructive criticism or an insult?In the Western world and especially in the Netherlands, open exchanges of view and fair discussions are very common. This sort of verbal interaction has a positive positively interpreted connotation. It is a proof the discussion partner is interested in you and your opinions.

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Starting a New Business in China (Pt 1): Legal Entity

April 4th, 2008  by China Business Success Stories

By Toffler Niemuth

Foreigner start a company in ChinaFor 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 of “Starting a New Business in China (Pt 1): Legal Entity” or post a comment

Chinese cement manufacturers

March 4th, 2008  by China Business Success Stories

Hello,
I know of a Chinese cement manufacturer that’s looking for funding to
replace their old standing kilns with new “dry” rotary kilns that will
increase efficiency and reduce pollution and is as a matter of fact,
mandated by the government.

Would you Read the rest of “Chinese cement manufacturers” or post a comment

Lying

February 12th, 2008  by China Business Success Stories

By Alexander de Nerée

Chinese buisiness lyingA drawback of my, in itself interesting profession, is that I encounter a lot of lying in my daily work. Contrary to popular believe it is not so much the lawyers that do the lying. Although I have to admit lawyers are generally not easily persuaded to part with information, let alone the truth, I prefer to think of what we do as skilful editing of the information to fit a certain version of the truth. No harm in that. That is what lawyers are paid to do.

But in order to edit the information, you will have to obtain the information first. And that is not as easy as it may sound. First there is the filter of the client’s hurt feelings that makes it difficult to obtain any relevant information. In its strong believe of the correctness and the fairness of its own position, the client filters out anything that appears to be in its disadvantage.

“They never complained about the quality of our products and now, out of the bleu, they want their money back and claim damages! That is unreasonable.” In itself  this is a good point which could legally be relevant but not if Read the rest of “Lying” or post a comment

A China Success Story: Dan Mintz and DMG

February 7th, 2008  by China Business Success Stories

By Ernie Tadla

DMG Chinese AdvertisingThis is the story of an entrepreneur building a profitable business by beating all the global big guys.
 
Dan Mintz was born and raised in Brooklyn, and was the youngest person to be accepted into the New York Academy of Performing Arts. He started in the movie business as a student extra in the movie Fame. He went to Los Angeles where he furthered his education and experience in film production and created good connections with some of the major movie studios.

In the early ’90s, he went to China to set up a joint venture for a major movie studio. This was shortly after the Tiananmen Square fiasco and the climate for partnerships with American firms was cold, if not frozen, particularly with the Ministry of Culture, which would have to be involved. Read the rest of “A China Success Story: Dan Mintz and DMG” or post a comment