December 6, 2012. “China Daily” (www.chinadaily.com/cn) posted the following article entitled “Beijing set to welcome visa-free visitors” on their website: “The decision to waive visas for foreign visitors for 72 hours is a major step toward Beijing’s goal of becoming an open international city, tourism experts said. The capital announced on Wednesday that, from Jan …
On April 29, 2012, Reuters posted an article written by Jason Stubler entitled, “For Businesses in China, a Minefield of Bribery Risks”, (www.reuters.com/article/2012/04/30). In his article Mr. Stubler writes: “Foreign companies doing business in China must navigate a business culture in which bribery is rife, finding ways to remove obstacles to expanding in the world’s …
Recently a good friend of mine (let’s call him Bob) accepted a position in China which requires him to move to Beijing. The logistics of making this move, although a bit daunting, seemed to be quite manageable. With the assistance of his employer in China, all the documents necessary to support his application for a …
Moving to China – Shipping Books and Household Goods Read More »
Iit is a pretty widely accepted fact worldwide that there is a considerable amount of wealth to be found in China. Recently a very good graphic depiction of where to find this wealth, who controls it, where they live or are located and much more was posted on the internet. I came across this “wealth …
Q1: On November 12, 2012, the State Intellectual Property Office (“SIPO”) of the People’s Republic of China released the draft regulations (“Draft Regulations”) regarding inventors remuneration. What is the goal of these Draft Regulations? A1. They are mainly to boost the innovation and develop talent through science and technology. Q2. What kinds of arguments or …
Recently the World Bank Group issued its “Doing Business in 2013” report. ( www.doingbusiness.org ). “The “Doing Business Report in 2013”, covers the period from June 2011 to June 2012 and uses data for indicators that measure regulation affecting 10 key areas of the life cycle of businesses. The online organization, Doing Business, analyzed the …
The New York Times ( www.nytimes.com ) published an article on November 12, 2012 that may have escaped the notice of many people about new developments in China that may one day affect how their business in that country can be conducted. This article was entitled , ‘Social Risk’ Test Ordered by China for Big …
Social Risks Assessments for Businesses in China Read More »
Doing Business In Mongolia Widely acclaimed for having one of the fastest growing economies around world, Mongolia has now gained recognition from the World Bank and the IFC as being one of the top 10 reformers in improving business regulations and for the growing ease of doing business in that country, An article found on …
“Why”, investors, business people and precious metals speculators all over the world are wondering, “is China buying so much gold?” Answers to this question may well have a bearing on how China does business with the rest of the world, and on how the rest of the world may be affected by it. On March …
A recent article in the Wall Street Journal/China ( www.wsj.com ) dated November 14, 2012 headlines, ”Why Rich Chinese Are Investing Overseas (It’s Not What You Think)”. So what do I think? What do you think? The seemingly obvious answers might be, the rich Chinese want to make a profit just like other investors world-wide. …
