Archive for August, 2006

Interest Rates, Fixed Assets & RMB Are Still Hot News

Thursday, August 31st, 2006

As the “hard, bumpy or soft landing” debate continues, China raised its interest rates (last Friday) – for the second time in four months, in an effort to slow gown economic growth. The Houston Chronicle reports: “The central bank raised the minimum rate for one-year bank loans 0.27 percentage point to 6.12 percent, effective Saturday. […]

Big Spenders. In Wuhan.

Wednesday, August 30th, 2006

China’s consumers have been featured on these pages before. We had luxury stores and the wonderfully wealthy , as well as the middle market. Now there is news from the Hong Kong Trade Development Council (HKTDC) about Wuhan, in Hubei, where the New World Center department store is soon due to open – with lots […]

US Policy on ‘Dual Use’ Exports to be Explained

Wednesday, August 30th, 2006

I have previously commented on the risks of new trade restrictions in relation to China – including new regulations on the sale of US technology (see more here). The situation has not been very clear (to say the least) so it is interesting to see the latest news from China Law Blog, which has posted […]

Anti-Monopoly Law Interview on Bloomberg TV

Tuesday, August 29th, 2006

I was invited to do an interview on Bloomberg TV on Friday, and to share my views on China’s proposed anti-monopoly law (more on which can be found here). In case you were not glued to your screen, and missed it, here are some points I think are worthy of note: • The development of […]

Mandelson Wears Down on Shoes

Tuesday, August 29th, 2006

Protectionism in trade has been a regular feature of posts recently (see here and here), and the EU-China shoe show-down (as with the textiles dispute before it) has been a good example of the problem. The arguments have been raging between China and the EU for some time – but it is important to note […]

National IPR Protection Network Completed

Monday, August 28th, 2006

IPR abuses in China provide much ammunition for blog posts – and international trade spats. But (imitation Gucci handbags aside) the situation continues to improve. People’s Daily reports that a new national system for IPR protection has now been completed, with a service center in Yiwu city (famed for its wholesale market…and many fake goods) […]

Corporate Bankruptcy Law Launched

Monday, August 28th, 2006

After 12 years of talk, the Standing Committee of the National People’s Congress finally enacted the corporate bankruptcy law on Sunday (according to a report by MarketWatch): “The measure modernizes a 1986 bankruptcy law that applied to state-owned enterprises. It’s seen as an attempt to provide a more relevant legal structure to China’s increasingly market-driven […]

Where Is All The Water?

Saturday, August 26th, 2006

Behind the headlines about China’s phenomenal industrialization and economic growth lie some worrying environmental issues. At the top of the list for 1.3 billion thirsty consumers is water. Or lack of it. So forget “malicious” foreign investment – according to Professor He Shaoling, from the China Institute of Water Resources and Hydropower Research, (via Xinhua), […]

Update & Offer for Business China Expo

Friday, August 25th, 2006

Note: The dates for this event are being changed, and will be updated in due course. Should you already be traveling to Cannes, please let me know, as it may be possible to arrange a meeting. I have already noted that China Business Services is sponsoring this event, and that I will be speaking at […]

Chinese Pirates Like Chinese Brands Too

Thursday, August 24th, 2006

A great deal of time is given over to discussion of the hurt felt by foreign companies whose products are pirated in China (e.g. Pfizer, NEC , and Starbucks). Less time is given to consideration of local companies. But all that is starting to change, not least due to the emergence of Chinese brands that […]