In this economic climate, the world is using its old tricks again. In the recent Xinhua article, they explain a current anti-dumping investigation against China by the European commission.
First, what is dumping?
Dumping is when a company exports a product below the market price. In the claim above, the European Commission is starting an anti-dumping investigation [...]
Entries from August 2009
European Commission playing dirty or just the same tricks everyone is using?
August 28th, 2009 · No Comments
Tags: Commentary · WTO
Why hearing “No, we can not do that” from a Supplier is Good News
August 28th, 2009 · No Comments
Another great point from David Dayton over at the Silk Road Blog on why he would want to work with a supplier that told him no.
In his latest post, Over-Promise, Under-Deliver and the realities of the Chinese Market, David makes the point that
“Chinese suppliers are infamous for never saying no, believing that if there is money [...]
Tags: Uncategorized
Help! My supplier won’t reply to me!
August 26th, 2009 · No Comments
For those of you doing business or purchasing in China, certainly this is a problem that you run into. A great article from David Dayton over at Silk Road International titled, You’re not getting what you asked for? Really? . It is from last year, but I think it is a great article.
He hits a [...]
China Gets Serious About Corruption
August 22nd, 2009 · No Comments
Interesting commentary by Stan Abrams over at China Hearsay about Huang Songyou, the former Vice President of the Supreme People’s Court.
Stan’s question is does admission of corruption at this high of a position give you more or less confidence in the Chinese Supreme Court?
All of us that eat, sleep and breath China know how important appearance or the mysterious “face” [...]
Tags: New issues
Integrating China – well, financial services at least – Part 2
August 14th, 2009 · No Comments
The majority of government regulations that divide the financial services industries in China are still in place, but as is often the case, there are ways of getting around these regulations.
Companies may apply for China Banking Regulatory Commission (CBRC) approval to engage in insurance or securities activities.
It then becomes the regulatory commission’s duty to oversee [...]
Tags: Banking
Doing the due diligence
August 4th, 2009 · 1 Comment
Two months ago I talked a little about a new online database that can help you investigate companies within China that have a record in the court system. You can find that here. What this record details is the company’s delinquency on a judgment from a court. For example, company A was ordered by the [...]
Tags: Uncategorized
Integrating China, well financial services at least, Part 1
August 2nd, 2009 · No Comments
Banks all over China have been salivating over the prospect of being able to offer a wider range of financial services.
While the last year of financial turmoil has cooled the drive to deregulate the strict divisions placed on the services that Chinese banks and financial institutions have been about to offer.
The first steps towards a [...]
Tags: Banking