Urumqi – Powering Western China’s Growth By Lisa Quach Nov. 18 – Located on the eastern frontier of Central Asia, Urumqi is the capital of China’s Xinjiang Uyghur Autonomous Region. Urumqi, which means “beautiful pasture” in Mongolian, is also the most remote city from any sea in the world. Despite this fact, the city […]
The Chinese business context holds increased risks for violation of certain aspects of internal control and a different understanding of implementation of internal control systems and internal audits. These are particular challenges for companies subject to compliance with a parent company’s code of conduct and/or regulations from other countries, such as the U.S. Foreign Corrupt Practices Act.
Op-Ed Commentary: Chris Devonshire-Ellis Jun. 7 – Chinese President Xi Jinping has been in Mexico the past three days and has been meeting with the Mexican President Enrique Peña Nieto ahead of Xi’s much anticipated visit to meet President Barack Obama of the United States. Xi and Peña Nieto, following their meetings, released a statement […]
China released the “Catalogue of Priority Industries for Foreign Investment in Central and Western China” on May 14, which is scheduled to take effect on June 10, 2013. Detailed information can be found here.
Op-Ed Commentary: Chris Devonshire-Ellis May 13 – Much commentary in the media has recently been focusing on the “China slowdown” and the impact of the country’s lower GDP growth figures going forward. In reality, measuring GDP growth is always a losing game, and not a particularly good indicator of how an economy is progressing. China […]
Jan. 17 – Foreign-invested commercial enterprises, commonly known as FICE, are fast becoming an ideal way for foreign investors to enter China’s Mainland market. Previously, foreign companies could only form trading companies on their own if they registered in the country’s Free Trade Zones. However, as part of China’s WTO commitment to let foreign-invested enterprises […]
Located in the heart of central China, Wuhan, the capital of Hubei has traditionally being one of the country’s most important economic and transportation centers. However, with the introduction of the reform and opening-up policy to the country’s coastal areas in the 1970s, Wuhan has fallen behind the economic wave. Most investors bypassed the city and throw their capital in places like Shanghai, Guangzhou and Shenzhen.
During this week, China Briefing is featuring a series of specially-commissioned articles from prominent China-based writers regarding their thoughts on the key developments in the country during 2012, and what lies ahead in 2013. Today’s article is written by Robert A. Kapp, president of Robert A. Kapp & Associates and former president of the U.S.-China […]