(Credit) Crunch Time

Tuesday, October 14th, 2008

It is not all that long ago that the big credit crunch banks were being lambasted in some quarters for their plans to invest heavily in Chinese banks, and that at least one pundit was predicting “The Coming Collapse of China”. How things change! Now it is the titans of Wall Street and the City […]

Milk’s Message: Know What You Are Buying (And What You Are Selling)

Sunday, September 21st, 2008

We have been here before with baby milk, pet food and Sudan Red (see more here). Not to mention the execution of the former head of the State Food and Drug Administration. But the current baby milk powder crisis shows that there is still a serious supply chain risk, and that companies need to proactively […]

New Cities On The Block

Thursday, September 4th, 2008

While Beijing is still basking in the afterglow of the Olympics, Forbes and the Economist have been looking further afield, and have (added to the ranks of those who have) ranked the business attractiveness of China’s bigger cities. From Forbes (via China.org.cn): Top Five: 1. Hangzhou 2. Shanghai 3. Wuxi 4. Nanjing 5. Ningbo “Hangzhou […]

Don’t Bribe (But Do It In Person)

Wednesday, August 13th, 2008

Further to our recent post on bribery, we noted the following on Danwei: “Last November, Oriental Outlook magazine printed a diary that Hunan entrepreneurs Mao Shijian and Zhou Difan had kept during the eight months they spent trying to get their fireworks business registered. The publication of the diary, whose 105 entries each recorded a […]

Carlyle-Xugong. R.I.P.

Wednesday, August 13th, 2008

A long-running Chinese (business) soap opera has finally come to en end, as AP reports: “U.S. private equity firm Carlyle Group has dropped its bid to buy a stake in a Chinese construction equipment maker…after multiyear talks that stirred nationalist opposition. Carlyle’s bid for Xugong Group was closely watched amid U.S. government warnings about possible […]

(Olympic) Business As Usual?

Friday, August 8th, 2008

The subject may have been done to death (even the London Evening Standard’s magazine has had a whole section on Beijing!), but we really can’t avoid reference to The Big Event. So here is a round-up of a few stories that have peaked our interest. – Business as usual?: Perhaps not. Many people (including quality […]

Ammunition To Fight The War For Talent

Tuesday, July 29th, 2008

How to obtain, train and retain the people who can help a business get ahead in such a competitive and challenging market is one of the most common topics of conversation among senior managers in China. Luckily there is some advice on hand from McKinsey (and others). A new McKinsey report “How to address China’s […]

Reporting on Bribery

Tuesday, July 29th, 2008

By its very nature bribery is difficult to identify and analyze (except when people get caught!), but the good folk at Trace International are trying to uncover the inner workings through their BRIBEline www.bribeline.org initiative (which they have asked us to help promote). “BRIBEline, available at www.bribeline.org, is a secure, multi-lingual website through which companies […]

Guiding Business Travelers

Monday, July 21st, 2008

We are pleased to promote a new pair of business travel guides from our old friend Yintong Bester. Details, provided by the author, can be found below: “China’s increasing impact and importance, attracting inward investment at the rate of more than US$1billion per week, has made it the world’s fastest growing and the fourth largest […]

Visa Application Update

Monday, July 7th, 2008

It has been widely reported that visa issuance policies in China have been tightened ahead of the Olympics. Visitors are recommended to make visa application arrangements in good time, and to have all supporting documentation (which may include travel and hotel documents) in place. UK readers may wish to note the recent introduction of online […]