Par Jack Perkowski

Sur des sujets économiques, je donne généralement au gouvernement chinois les marques élevées. Commençant en 1978 avec une économie qui pourrait à peine alimenter ses personnes, le gouvernement a guidé la Chine au cours de 30 années incroyables de réforme et de développement économiques.

J'ai été ici pour la moitié de cette période, et ai personnellement été témoin de comment la Chine a établi dehors son infrastructure, déréglée une industrie après des autres, privatisé plusieurs de ses compagnies d'Etat et embrassé la globalisation en joignant l'organisation de commerce mondial. En raison de ces réformes et de plus, la Chine est maintenant la troisième plus grande économie au monde, et chacun attend pour voir ce que les 30 années à venir apporteront. Lisez le reste de « parfois, le marché veut juste aller en bas de » ou signaler un commentaire

Joint-ventures en participation

Par Gregory Sy

Les joint-ventures en participation, dans ce contexte spécifique, se rapportent à une coopération enregistrée de personne morale entre au moins un investisseur étranger et investisseur chinois. Précédemment, cette structure était plus commune, bien qu'elle ait été diminuer solidement dû aux inconvénients présentés ci-dessous.

Des joint-ventures en participation peuvent être classifiés dans deux types différents :
- Joint-ventures en participation de capitaux propres
- Joint-ventures en participation coopératifs

La distinction principale entre les deux est que le dernier prévoit plus de flexibilité dans la distribution des revenus. Whereas Equity Joint Ventures require that the joint venture partners share in distribution of profits based on their proportionate Read the rest of “China Business Vehicles: Part III” or post a comment

By Ching Mia Kuang

Starting from 1 December 2004, a new investment vehicle has been available to foreign investor – Chinese government allow and encourage foreign investor to set up “Foreign Investment Commercial Enterprise”(FICE) in China to conduct wholesale, retail, and other permitted businesses. Such a type of business entity possess of the total right of trade and business. It can conduct import/export activities by itself, independent of the local import and export company or setting up a manufacturing company.

Furthermore, from 1 March 2006, the law permits FICE to apply and obtain approval documents from the local municipal Foreign Economic Relation and Trade Commission, instead of from Ministry of Commerce in Beijing.

The FICE is a limited liability company wholly owned by foreign investor. It is a legal person. The foreign investor has sole responsibility for its profits and losses. Limited liability is recognized by the amount of registered capital injected into the entity. The FICE is able to implement strategies that effectively conform to the interests of the parent company abroad. To carry on different trading business, it must have the required permits and certificates. Read the rest of “Registration of a FICE in Shanghai” or post a comment

Wholly Foreign Owned Enterprises

By Gregory Sy

Wholly Foreign Owned Enterprises (WFOEs) or limited liability companies whose investors are purely foreign are quickly becoming the most popular method of foreign investment in China. While foreign companies once thought (and were often compelled by laws) that a local partner was necessary to operate business in China, this is increasingly no longer the case in a wide range of industries.

Characteristics of WFOEs:
- Between one to fifty shareholders
- Restricts the right to transfer shares
- Prohibits public offering of shares
- Equity is divided based on contribution to registered capital and not allocation of shares
- Liability is limited to the amount of registered capital contributed Read the rest of “China Business Vehicles: Part II” or post a comment

By Kyle Long

J.P. Morgan’s recent decision to hire Elaine La Roche as its China vice-chairman may have not been a difficult one, given her qualifications as a former chief executive of China International Capital Corporation.

Leading the large, successful, foreign-owned investment banking business left no shadow of a doubt on her capabilities, with many public decisions and achievements made through her run.

But what about companies looking to hire candidates without such an extensive and verifiable paper trail of credentials? Read the rest of “Hiring From the Unknown” or post a comment