From the first issue in 1974 and well into the 2010s, the China Business Review was an indispensable resource for businesses, researchers, and policymakers who needed a first-hand account of the challenges and the tremendous opportunities posed by the China market.
As China’s annual growth begins to slow, mass layoffs may be unavoidable for many American manufacturers as they are faced with declining demand and rising business costs. It is important for these companies to understand the complicated conditions and strict procedures that must be followed during a restructuring of this size.
The PRC National People’s Congress recently released China’s 13th Five-Year Plan (FYP) on National Economic and Social Development to outline economic policies and targets to drive industry development in China through 2020. As companies form their corporate objectives, identifying areas in which their business can align with PRC government priorities is a general best practice and can result in long-term government support.
In order to achieve China’s repeatedly signaled desire to be a global leader in climate change, Beijing must reform and regulate the country’s recycling industry, which operates chiefly informally with limited government oversight.
Foxconn Technology Group and Sharp Corporation signed a deal on April 2 for the Taiwan-based electronic contract manufacturer to acquire the Japanese consumer electronics firm for $3.5 billion. The final deal, approved on March 30, is nearly $2.5 billion less than what was originally agreed upon, ending months of negotiations marred by setbacks and disagreements. […]
More than 90 percent of the semiconductors that China purchases are imported from the United States, South Korea, Japan, and Taiwan. As a result, China spends more money importing semiconductors than it does oil. Over the next decade, China plans to invest up to RMB 1 trillion ($161 billion) into the domestic semiconductor industry as it seeks to become a global power in the sector.
While many foreign investors rush to set up a WFOE, many overseas parent companies underestimate the tax and financial planning required to cover expenses that will incur during the pre-incorporation process.
U.S. President Barack Obama will host China’s President Xi Jinping for a special bilateral meeting on March 31. This signifies at once the general and increasing importance of relations between Washington and Beijing, but also the specific need to address rising tensions between the two nations.
VIDEO: Kent Kedl, greater China and north Asia managing director for global risk consultancy Control Risks, explains to Asia Society the common problems related to doing business in China.
Labor Dispatch Laws Change the Makeup of Companies in China Because it’s a flexible and cheap option, labor dispatch–when a company hires employees on a contract basis through an outside agency–is one of the most popular ways to hire employees in China. But as new labor regulations come into effect, companies in China need to understand the complexities of balancing the makeup of their labor force.Dispatch agencies offer companies temporary workers for particular projects or for a certain perio
China’s recently released Five Year Plan signifies strong market potential for the US business community as the country aims to develop its own sustainable economic infrastructure.
