Posted in August 22, 2010 ¬ 7:35 pmh.admin
Econ 001
Ever since our financial meltdown, the US has been accusing China of 'currency manipulation'. These accusations are in spite of the fact that the Yuan has risen nearly 20% from 2005-2008 and the US imported at least as much in those years as we do now.
Somehow this just seems too simple to bother with [...]
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Posted in August 19, 2010 ¬ 2:32 pmh.jeff
The Basics of American and Chinese cultural differences when doing business in China:
Some key differences in business culture between US and China:
Americans wants do 'do a deal' while Chinese want to 'build a relationship'
Americans wants to maximize short-term profits while Chinese are long term thinking
Americans are 'direct' while Chinese will not deliver bad news
Americans want [...]
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Posted in August 17, 2010 ¬ 3:43 pmh.admin
BEIJING – The amount of foreign direct investment (FDI) China received in July rose by 29.2 percent year on year to $6.924billion, said Yao Jian, spokesman of the Ministry of Commerce (MOC), Tuesday.
The figure brought the country's FDI inflow to $58.35 billion in the first seven months of the year, an increase of 20.65 percent [...]
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Posted in August 17, 2010 ¬ 3:36 pmh.admin
BEIJING – Most China-related merger and acquisition deals have rebounded strongly in the first half of the year, and set the scene for robust activities for the remainder of 2010 and into 2011, accounting firm PricewaterhouseCoopers (PwC) said on Monday.
Chinese outbound merger and acquisition deals for the first six months of 2010 have reached record [...]
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Posted in August 17, 2010 ¬ 3:33 pmh.admin
SINGAPORE – Morgan Stanley is adding to the weighting of property stocks in its China model portfolio, saying that a further volume recovery in the nation's housing market is "imminent".
The brokerage added China Overseas Land & Investment Ltd to the model and increased its position in China Resources Land Ltd, according to a report by [...]
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Posted in August 17, 2010 ¬ 3:30 pmh.admin
BEIJING – China's Supreme People's Court (SPC) on Monday issued a set of regulations providing a detailed ruling basis for cases involving foreign investment companies regarding share transfer, anonymous investment and other procedures.
The regulations mainly focus on conflicts involving foreign limited liability companies, including the effectiveness and legal consequences of equity transfer contracts without administrative [...]
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Posted in August 17, 2010 ¬ 3:08 pmh.admin
Charlie Rose interviews Morgan Stanley economist Steven Roach and The Atlantic journalist James Fallows about the meteoric rise of China's economy and the future of China. Both Roach and Fallows who spent several years living in China and have just returned to the US to discuss China's recent topping of Japan as world's number 2 [...]
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Posted in August 8, 2010 ¬ 3:55 pmh.admin
On June 19, China said it would let the yuan appreciate, after being tied as tight as an anchor to the dollar since 2008. The policy gave China a boost politically, but it hasn’t had any real effect economically, because the yuan has appreciated just 0.8% since them.
But William Cline, a veteran international economist at [...]
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Posted in August 8, 2010 ¬ 3:48 pmh.admin
The growing success of Chinese companies, contrasted with the effect that the global economic downturn had on many foreign firms, is starting to alter the attitudes of prospective Chinese employees, according to a new survey.
Big foreign companies with operations in China were once considered by many of China’s most talented graduates to be better employers [...]
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