Da Jack Perkowski

Sugli argomenti economici, generalmente dò al governo cinese gli alti contrassegni. Cominciando in 1978 con un'economia che potrebbe alimentare a mala pena la relativa gente, il governo ha guidato la Cina con 30 anni incredibili della riforma e dello sviluppo economici.

Sono stato qui per la metà di quel periodo e personalmente ho testimoniato come la Cina ha sviluppato fuori la relativa infrastruttura, diregolarizzata un'industria dopo un altro, privatizzato molte delle relative aziende di stato ed abbracciato il globalization unendo l'organizzazione di commercio mondiale. Come conseguenza di queste riforme e di più, la Cina ora è la terza più grande economia nel mondo e tutta sta attendendo per vedere che cosa i 30 anni futuri porteranno. Legga il resto “di a volte, il mercato desidera appena andare giù„ o inviare un commento

Imprese unite

Da Gregory Sy

Le imprese unite, in questo contesto specifico, si riferiscono ad una cooperazione registrata dell'entità legale fra almeno un investitore straniero e l'investitore di cinese. Precedentemente, questa struttura era più comune, benchè fosse stata costantemente diminuire dovuto gli svantaggi precisati sotto.

Le imprese unite possono essere classificate in due tipi differenti:
- Imprese unite di equità
- Imprese unite cooperative

La distinzione principale fra i due è che il posteriore provvede a più flessibilità nella distribuzione dei redditi. 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