Comments on: China M&A activity unlikely to slow down, economy appears immune from U.S. recession http://www.china-briefing.com/news/2008/02/25/china-ma-activity-unlikely-to-slow-down-economy-appears-immune-from-us-recession.html Sat, 11 Oct 2008 15:40:37 +0000 http://wordpress.org/?v=2.3.2 By: Tom http://www.china-briefing.com/news/2008/02/25/china-ma-activity-unlikely-to-slow-down-economy-appears-immune-from-us-recession.html#comment-7898 Tom Thu, 28 Feb 2008 13:25:16 +0000 http://www.china-briefing.com/news/2008/02/25/china-ma-activity-unlikely-to-slow-down-economy-appears-immune-from-us-recession.html#comment-7898 Both China and India seem seperated from the US economy....and the region continues to boom. Singapore is jumping hot. Both China and India seem seperated from the US economy….and the region continues to boom. Singapore is jumping hot.

]]> By: the chinese economy isn’t slowing down | CHINA ESQUIRE http://www.china-briefing.com/news/2008/02/25/china-ma-activity-unlikely-to-slow-down-economy-appears-immune-from-us-recession.html#comment-7800 the chinese economy isn’t slowing down | CHINA ESQUIRE Tue, 26 Feb 2008 08:13:11 +0000 http://www.china-briefing.com/news/2008/02/25/china-ma-activity-unlikely-to-slow-down-economy-appears-immune-from-us-recession.html#comment-7800 [...] articles came out yesterday that strengthens my thoughts on this. China Briefing mentioned in a post that M&A activity is not likely to slow down in China, despite the U.S. going through a [...] […] articles came out yesterday that strengthens my thoughts on this. China Briefing mentioned in a post that M&A activity is not likely to slow down in China, despite the U.S. going through a […]

]]> By: Chris Devonshire-Ellis http://www.china-briefing.com/news/2008/02/25/china-ma-activity-unlikely-to-slow-down-economy-appears-immune-from-us-recession.html#comment-7794 Chris Devonshire-Ellis Tue, 26 Feb 2008 05:06:41 +0000 http://www.china-briefing.com/news/2008/02/25/china-ma-activity-unlikely-to-slow-down-economy-appears-immune-from-us-recession.html#comment-7794 Hi Matt, it's not just a simple matter of education. Its a matter of changing the nature of the political system in China to allow independence of judiciary. Until that occurs, Chinese businessmen will not have an educational support system - independent regulatory bodies - in corporate governance that will allow them to adequately invest in the global markets. They'd get eaten alive with Corrupt Practices Act and other issues over transparency. Indians, by comparison, are far more globally savvy. This is a longer term problem but one that until it is solved means Chinese businessmen will be unable to compete internationally to global standards. Hi Matt, it’s not just a simple matter of education. Its a matter of changing the nature of the political system in China to allow independence of judiciary. Until that occurs, Chinese businessmen will not have an educational support system - independent regulatory bodies - in corporate governance that will allow them to adequately invest in the global markets. They’d get eaten alive with Corrupt Practices Act and other issues over transparency. Indians, by comparison, are far more globally savvy. This is a longer term problem but one that until it is solved means Chinese businessmen will be unable to compete internationally to global standards.

]]> By: Matt Young http://www.china-briefing.com/news/2008/02/25/china-ma-activity-unlikely-to-slow-down-economy-appears-immune-from-us-recession.html#comment-7758 Matt Young Mon, 25 Feb 2008 11:40:04 +0000 http://www.china-briefing.com/news/2008/02/25/china-ma-activity-unlikely-to-slow-down-economy-appears-immune-from-us-recession.html#comment-7758 Chris, Great observations there in Singapore. I especially was interested in the "glass ceiling" you mentioned for Chinese business managers. I wish I had read this earlier today, as I just completed a post about the importance of executive education for Chinese managers: http://www.bizcult.com/content/?p=213 Recalling a story about Haier in Newsweek a couple years ago, I just dug up the following excerpt: "Humiliation was a company tradition. When Haier Group… built a factory thousands of miles away in Camden, S.C., the managers figured they'd use the same technique to boost productivity. American workers were indignant, and refused to submit to ritual embarrassment." If a company like Haier is making global mistakes like this and learning the hard way, countless others of Chinese companies will too. Theirs will be humiliating at best, and at worst, force them into bankruptcy. Executive education (abroad) would help prevent this. Chris,

Great observations there in Singapore. I especially was interested in the “glass ceiling” you mentioned for Chinese business managers. I wish I had read this earlier today, as I just completed a post about the importance of executive education for Chinese managers: http://www.bizcult.com/content/?p=213

Recalling a story about Haier in Newsweek a couple years ago, I just dug up the following excerpt:

“Humiliation was a company tradition. When Haier Group… built a factory thousands of miles away in Camden, S.C., the managers figured they’d use the same technique to boost productivity. American workers were indignant, and refused to submit to ritual embarrassment.”

If a company like Haier is making global mistakes like this and learning the hard way, countless others of Chinese companies will too. Theirs will be humiliating at best, and at worst, force them into bankruptcy. Executive education (abroad) would help prevent this.

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