Targeting Corrpution

Friday, March 13th, 2009

In any big economy there will be fraud and corruption (think Madoff, Siemens etc.), and China has its fair (?) share, as we have reported in the past. After a number of recent scandals, including one that involves a big US bank (Morgan Staley), FDI, real estate and Sino-US corruption (killing several birds with one […]

Q: When is a (China) Briefing Not A Briefing? A: When It Is Off The Record (Or “Pure Fabrication”)

Thursday, March 5th, 2009

There are a lot of rules in China, written and unwritten – and just as many interpretations. That is one of the things that helps make business life so interesting. Occasionally a story appears that helps to focus a spotlight on the area where the do’s meet the don’ts. In the case of China Briefing, […]

Risky Times (For Payment)

Thursday, January 15th, 2009

As companies suffer from slowing sales, growing inventories, and failing clients and suppliers, payment risks are at the front of many people’s minds. But it is no longer eager foreign companies that are worried about getting paid by Chinese counterparts. The credit crunch has put the shoe on the other foot, as AFP has recently […]

(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 […]

Monopoly on Coke

Sunday, September 21st, 2008

Coke’s juicy M&A plans have already been raked over in the press (and on this blog). But next it is likely to be raked over by Chinese anti-monopoly officials (amongst others). As AP reports: “Coca-Cola’s $2.5 billion offer…for China Huiyuan Juice Group Ltd. already has stirred nationalist opposition. Comments posted on Chinese Web sites criticized […]

Coke’s FDI Mixer: Juice, Brand, Health, and Politics

Thursday, September 4th, 2008

There has been plenty of foreign direct investment (FDI) into China over the years, and it is continuing strongly (with the help of the RMB) despite lots of laws, regulations and rising costs, many of which have been reported on this blog. The last time we mentioned big FDI, it was in relation to China’s […]

Antitrust News (Again)

Thursday, August 28th, 2008

Recent reports about Microsoft being a target for China’s new antitrust laws have resurfaced in Caijing Magazine, which reports: “On July 31, one day before the new anti-monopoly law went into affect – the first of its kind for China – came into effect, lawyer Dong Zhengwei formally petitioned the Ministry of Commerce (MOC), the […]

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 […]