The National Defense Authorization Act (NDAA) for 2027 is coming into focus after the House and Senate armed services committees advanced their versions of the bill earlier this month.
A business professor answers questions about the cultural and ethical issues of American-Chinese business relations and discusses how American companies are managing these differences. By Christina Nelson The problems multinational companies face while doing business in China are well documented. The role of government in business and how different cultures communicate are just a few […]
Event: Chinese Renewable Energy Conference Date: October 24-26, 2013 Location: Wuxi, China Organizer: National Energy Administration; Jiangsu Provincial Department of Commerce; Jiangsu Provincial CCPIT Web: http://www.crecexpo.com/ Contact: Liu Yang Email: [email protected] Phone: 0510-81827276
Technical skills, cross-cultural knowledge, and language abilities can help expats in China find positions in a competitive market. By Abraham Sorock While foreigners once occupied a privileged position at the center of business in China, companies today are dedicated to hiring and training local talent to staff their operations. This does not mean, however, that […]
Chinese search giant Baidu, Inc. announced on Monday that it would launch a new wealth management platform called Baifa on October 28. The platform will allow individual investors to make deposits as small as RMB 1 ($0.16) and earn annual returns of up to 8 percent, according to Netease News. That 8 percent guarantee has […]
Chinese companies will soon be allowed to invest in British nuclear power plants and eventually hold majority ownership stakes, according to an announcement made yesterday by Britain’s finance minister George Osborne. Osborne, who has already inked multiple banking deals in his five-day trade mission to China, said that any Chinese investments would have to meet […]
China National Petroleum Corporation (CNPC) signed an MOU today with Russia’s Rosneft to form a joint venture for exploration and production in Rosneft’s eastern Siberian fields. CNPC will own 49 percent of the venture, which will take over fields formerly run by Rosneft’s Taas Yuriakh unit. Output there is likely to reach 6 million metric […]
China’s Wumart Stores Inc. will acquire 36 stores and a 9.99 percent stake in Thai grocery retailer CP Lotus in a share-swap deal worth $374 million, the companies announced yesterday. CP Lotus, whose parent CP Group is weighing a bid for Hong Kong supermarket chain ParknShop, will retain 19 retail stores in southern China and […]
Because of a highly competitive and culturally different operating environment, ensuring adherence to corporate ethics and compliance policies remains a concern for many US companies doing business in China.
Organizer: Food and Drug Law Institute Location: Beijing, China Date: October 15-16, 2013 Web: http://www.fdli.org/conferences/conference-pages/fdli-international-conference/overview Contact: Zach French Email: [email protected] Phone: 1-202-222-0900
Persistent market barriers and a slowing economy have moderated corporate optimism toward the China market. By Christina Nelson China is still a top priority for American companies, but increasing costs, growing competition and market access barriers are causing a shift in executives’ expectations for China’s prospects, according to the US-China Business Council’s annual survey of […]
