Briefly…Top Ten Tweets (From IP, Food Safety & Economic Angst, To Culture Clash, Localisation & Corruption)

Related entries: Business Issues, Corporate News, Economy, General, News, Risk & Law, Strategy

1. IPR: RT @DanHarris: RT @Chinalyst: Yes Virginia, There Is IP Protection In China. 7:37 PM Feb 14th

Comment: And, while on the subject of IP, it is worth mentioning that protection of it is largely driven by local needs, not foreign pressure. Just look at the growth in Chinese patent applications…IP. Up. RT @GCBRANDS: RT @Holaba Chinese Patent Office issued more than 580,000 patents in 2009, up 41%… 3:06 PM Feb 13th

2. Economy: RT @CDT: China Raises Bank Reserve Level to Cool Credit: The Associated Press… 6:37 PM Feb 13th

3. Chinese New Year: Mother vs. Girlfriend… RT @WSJChina: In Hong Kong, Love vs. Tradition 2:45 PM Feb 13th

Comment: The clash of cultures came this Chinese New Year, which fell on Valentine’s day. We suspect the local generally won over the foreign tradition. 210m rail travelers heading home on the mainland may support our thesis…

4. Google: “Quite committed”? Hmm! RT @christinelu: “Google’s Convoluted Search for China Compromise” [ABC News] (h/t @raykwong) 7:05 AM Feb 12th

Comment: Google still seems to be searching for solutions. “Quite committed”? Very convoluted!

5. Public Health: RT @china_csr: New: Food Safety Commission Established In China 8:06 PM Feb 11th

Comment: The Chinese government is keen to improve food safety…and social harmony. The milk contamination scandal is long-running and depressing (similar issues have been seen in other areas before, e.g. Sudan Red in spices). The fact it is still not fixed (@danwei: 170 tons of tainted milk recalled: The China Daily reports on…nationwide crackdown 7:12 AM Feb 8th) means the Commission will have its work cut out Let’s hope it has real power.

6. “Transplant & Translate” is not enough RT @wolfgroupasia: Why Global Internet Companies Fail in China 7:57 AM Feb 11th

Comment: Foreign businesses going to China need to make a real effort to localize their business for the local consumer. David Wolf does a nice job highlighting some of the common failures of big western internet businesses, including Google.

7. Agreed – the charges are odd! RT @NiuB: Notes on the Stern Hu/Rio Tinto case (Chinese Law Prof Blog): 7:40 AM Feb 11th

Comment: We have been following the Rio Tinto case (and arrests) in China with interest, as it has important implications for foreign businesses (and business people) . The latest news suggests that the “Rio Four” accepted bribes as well as commercial secrets from Chinese steel mills. These two charges do not seem to sit comfortably together…so it will be interesting to see what happens next. (Other than the inevitable propaganda battle around the new ore negotiations (They = “monopolistic”; We = “unified” RT @chinaimport: China CISA Defends Role In Tough Iron Ore Price Talks… 1:05 PM Feb 9th).

8. Wealth: 0.4% of ppl own 70% of wealth. “Money-power deals”? RT @China_Daily: 91% think new rich use govt connections 7:58 AM Feb 9th

Comment: “To get rich is glorious”, but it might not make you popular. It is perhaps no surprise that there is a high concentration of wealth among a small elite in China (or elsewhere). Many people obviously resent it, and the political class know it. An ongoing corruption crack-down in Chongqing, a high-profile insider-dealing case, and other issues suggest this is an increasingly political issue. But as long as everyone get to benefit from economic growth, the worst may be avoided.

9. Corruption: RT @gadyepstein: RT @MalcolmMoore: RT @ge_anderson J.Garnaut’s latest. Detailed anecdote on SOE corruption. #fdnkts 7:22 AM Feb 9th

Comment: We have looked at corruption many times on this blog, nad visit the issue again here. This is a great article that looks below the surface, and at the inner workings of “guanxi” and “grey zone” income.

10. Low tier, high growth RT @Synergistics: TREND #8…Changing Demographics and Growing Demand in Lower Tier Cities 7:25 AM Feb 8th

Comment: Anyone who has not yet got the message that businesses need to get out beyond the Tier 1 and 2 Chinese cities should read the article. And this post of ours.

Leave a Reply

You must be logged in to post a comment.