By: Steve Dickinson
The PRC Statistics Bureau has issued its preliminary report on the status of the Chinese economy [in Chinese] for the year 2010. As the report states, 2010 was “all good” for the Chinese economy. This is a remarkable achievement considering that 2010 was a recovery year from the most significant worldwide recession since 1950.
Key facts [...]
Last week, co-blogger Steve Dickinson and I spoke at the Foreign Correspondents Club in Beijing. From our perspective, the best part of our talk were the excellent questions posed to us by the reporters in attendance. There was one question I pretty much punted on and though I have thought much about it since, I [...]
As regular readers of this blog know, my favorite five industries for foreign investment in China are education, healthcare, food, cleantech/greentech, and software. Healthcare just got even better.
The Chinese government has made clear for some time that it seeks to improve healthcare in China and it recently took another step in that direction by announcing that [...]
By Steve Dickinson
The purpose of this post is to provide a factual and legal background to China’s export quota program for rare earths.
The Facts
Rare earths are one of 49 products for which China imposes export quotas. Other products for which China imposes export quotas include grains such as corn and wheat, hydrocarbons such as coal and [...]
Though we do not ordinarily delve much into China-US politics, I have been following the recent Obama-Hu summit so closely I cannot resist. Here are my thoughts on the business aspects of that summit.
Overall, things have seemed to go well. The United States did the pomp and circumstance thing in grand style, which gave China [...]
By Steve Dickinson and Dan Harris
The American Chamber of Commerce in Shanghai just issued its 2010-2011 Business Report. This report should be required reading for all companies doing business in China or who are planning to do business in China. Our good friends over at Technomic Asia co-authored the report.
The report is based on surveys [...]
Last week, co-blogger Steve Dickinson and I spoke at the Foreign Correspondents Club in Beijing. From our perspective, the best part of our talk were the excellent questions posed to us by the reporters in attendance. There was one question I pretty much punted on and though I have thought much about it since, I [...]
By: Steve Dickinson
There are two related economic issues that are of primary importance to ordinary Chinese people. The first is the inflation in prices of basic necessities such as housing and food. The second is the lack of wage growth in the manufacturing and service sectors. Today’s China Daily (January 4, 2011) featured five separate [...]
By: Steve Dickinson
Shanghai has recently loosened its minimum capital requirements for WFOEs (Wholly Foreign Owned Enterprises), making location of service businesses in Shanghai far more attractive. Chinese company law mandates all one shareholder corporations have a minimum registered capital of at least RMB100,000. The WFOE formation regulations provide for no specific amount for registered [...]
Co-blogger Steve Dickinson and I had a wonderful dinner the other night with Renaud Anjoran. Renaud Anjoran is the founder of Sofeast, a quality assurance firm that assists small- and-medium importers with China quality control. Renaud has been based in Hong Kong and Shenzhen since 2006. He writes the Quality Inspection Tips blog, of which I [...]