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Hiring in China: Do Your Due Diligence.
When doing business in China, you have have to take care each step of the way. Whether your are looking for business partners, involved in technology transfers, selling to Chinese customers or simply trying to hire a manager for your China operation, due diligence is something you have to take seriously. Entrepreneurs must be extremely cautious since we like moving fast and often follow our gut along the way. This generally works but when your gut is wrong on a "China decision" the risks are high and resulting problems can be ten-fold more complicated. Here's my story where in hiring my business development manager, my gut failed me ... don't think I'll do that again!
The Secrets to being wealthy
The most effective pathway to achieving wealth is by owning your own business. In the book "The Next Great Bubble Boom" by Harry S. Dent he tells us that, “The best single way to build wealth is to own your own business, especially one that can be systematically expanded or sold.” So what does it mean to own your own business?
18 Practical Tips on Working With the Chinese
James Chan offers 18 practical tips on making friends and building better business relationships in China.

Other business in china Related Articles

What Drives China’s Growing Role in Africa?
China’s fast-growing economic ties with Africa are attracting considerable attention. The relationship came into the spotlight during the summit of the Forum on China-Africa Cooperation (FOCAC) in Beijing in November 2006 and the Annual Meetings of the African Development Bank (AfDB) in Shanghai in May 2007. While the expansion of trade and investment between Africa and China has been generally welcomed, concerns have been expressed about how China’s growing presence might affect African development.2 But what roles exactly has China played?
II.C. Other Debt-Creating Financial Flows: TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA
Aside from intergovernmental loans, there are other debt-creating financial flows from China to Africa, mainly trade credits, some of which are medium- and long-term.13 Trade credit may be provided by suppliers or financial institutions. Of these the Export-Import Bank of China (China Exim Bank) is the most active. Its total export credit and international guarantee business increased to US$19.8 billion in 2006, from US$15.2 billion in 2005. Though China Exim Bank does not report activities by region, there is clear evidence of significant and expanding operations in Africa.
III. B. State Financial Institutions: THE ROLE OF CHINA’S PUBLIC SECTOR
Among the large number of state-owned financial institutions, China Exim Bank and China Development Bank (CDB) are the two primary agencies implementing China’s new pledge to Africa; the former is responsible for the preferential credit component (US$5 billion) and the latter for the FDI support fund (US$5 billion).
IV. A. Private Traders: THE ROLE OF THE PRIVATE SECTOR
Mirroring its contributions to domestic economic activity, China’s private sector is in the forefront of the country’s external trade and investment expansion. However, its role in China-Africa economic relations has been much less appreciated, in part because there are no reliable data. Understanding China’s private enterprises (including those that are joint ventures and collectively owned) and their activities in Africa is important for assessing the evolution of trade and capital flows between China and Africa.
Dollar Falls As China Buys Up Commodities! Euro & Aussie to Benefit!
China is stockpiling commodities as part of a reallocation of its sovereign wealth amid concern that its dollar assets may decline! China is one of the fastest growing nations on Earth right now. So, when China does something, the world listens.

SHANGHAI - GATEWAY TO BUSINESS IN CHINA
With the sixth largest economy in the world, continued annual growth of nearly 10% and a 1.3 billion people strong population, Big Dragon China has developed a reputation as the “great new market”. A majority of multi-nationals are already in China while small to mid-size firms around the globe are rallying to get on board. Succeeding in China, however, is not without challenge and many companies fail. To be successful, a company must act intelligently. Intelligence means seeking expert advice, ensuring the opportunity is real and entering China through a developed regional market or “gateway” if you will. For most products and services, our gateway of choice is Shanghai.
Intellectual Property Rights - The Chinese Challenge
Doing business with China presents many opportunities but with that come many challenges too. Different attitudes towards knowledge and rules means that China is perhaps culturally opposed to the very notion of intellectual property. Chinese culture respects the knowledge itself and not the ownership of that knowledge and this culture has slowly developed over 5000 years. Moves are being made within China to address the issue of IP ownership, there are more courts, trials and prosecutions but Western organisations will still need to tread with caution regarding their IP rights when it comes to doing business in this exciting economy.
Setting Up A WFOE in China
This article provides an overview of the China WFOE option for entrepreneurs considering China for their company incorporation. Included are advantages and disadvantages along with some procedures for setting up a China WFOE.
Hiring in China: Do Your Due Diligence.
When doing business in China, you have have to take care each step of the way. Whether your are looking for business partners, involved in technology transfers, selling to Chinese customers or simply trying to hire a manager for your China operation, due diligence is something you have to take seriously. Entrepreneurs must be extremely cautious since we like moving fast and often follow our gut along the way. This generally works but when your gut is wrong on a "China decision" the risks are high and resulting problems can be ten-fold more complicated. Here's my story where in hiring my business development manager, my gut failed me ... don't think I'll do that again!
Marcus Asay An overview About Chinese Economic Development
As per the current global growth scenario and economic development of China, it has been discovered that China will start supplying the fuel. In long term means, it is a big generational move that will occur as China statistically recreate and reinvents itself.
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