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Investment
from
China (Found in the Wall Street Journal)
Many
manufacturing jobs have moved overseas, particularly to China. What has
been overlooked is that Chinese investors are investing in the U.S.
Although tales of lost jobs and repeated fights over the yuan dominate
the news, stories about Chinese investments are beginning to elbow
their way in. A recent story in The Wall Street Journal describes how
an RV company received a much-needed $310 million infusion of cash from
a Chinese investor.
http://online.wsj.com/article/SB10001424052748704615504576172410117309984.html?
That $310 million is just one of the reported $5 billion dollars of
investments in the U.S. from China. Of course, that dwarfs the more
than $55 billion that U.S. companies poured into China. But that is not
surprising considering that the U.S. is the much wealthier country...
China's
Intellectual Property Rights: Foreigners Need to be Patient (A
similar
version
has
been
published
in
Chinese
in
Global
Times
Newspaper)
Article Coming Soon!
New
Regulations
For
Representative
Offices
Many foreign companies have no legal
status in China but still maintain representative offices (ROs). An RO
allows a company to have a presence in China, but an RO is not supposed
to engage in any for-profit activities. There has been some abuse of
this system by some companies that did not want to go through the
process of applying for permits to do business. Instead of obtaining
permits, those companies conducted business in violation of their
limited authority as ROs. To crack down on those violators, China
issued new regulations governing ROs. The regulations tighten the rules
for the establishment and operation of an RO by stating the activities
that an RO may engage in. In addition, the regulations now have more
teeth due to the increased fines for violations. The regulations are
effective March 1, 2011....
What
is the Real Value of RMB?
(By Siva Yam,
CPA, CFA, President, U.S.-China Chamber of Commerce with the assistance
of Phil wong, Esp., Editor, China Alert, U.S.-China Chamber of Commerce)
A lot has changed since the day
that King George III sent an envoy to congratulate Emperor Qianong on
his eightieth birthday. That marked the beginning of a formal East-West
diplomatic relations, although King George's real agenda was for trade
and permission for missionaries to preach Christianity in China...
Opportunities
for
U.S.
and
Chinese
Companies
During
Financial
Crisis (Presentation
by
Siva
Yam,
CPA,
CFA, at the First International Tourism and Culture
Industry Forum in China, August 15, 2009)
Together US and China accounted for over 50% of world economic growth
in the first half of the decade in 21st century. However, the two
countries contributed to the world very differently......
Snatching
Defeat from the Jaws of Victory? (Interview
of
Siva
Yam,
CPA,
CFA,
Greg
Burnard,
Shanghaistar
Business
Journal,
March 3, 2008)
Over the past 20 years, China has dispatched trade ministers beyond its
borders in an attempt to lure the globe's biggest manufacturers to
Shanghai and other cities across the nation. But now, much of the
emphasis is on call centers, computer programming and high tech, and
that could have serious negative consequences......
Bridging the
Worldwide Business Gap (Aricka Flowers, China Daily,
March 9, 2009)
(Redistributed with Permission from China Daily)
Siva Yam knows business - especially when it comes to US and Chinese
relationships.
For the past 10 years, Yam has been president of the US-China Chamber
of Commerce (USCCC), which focuses on fostering trade and investment
activities between the two countries.
During his stint as president of the USCCC.....
Surface
Transportation and the Global Economy (Siva Yam, April
16, 2008)
With a concerted effort, China began an aggressive plan of building a
national network of surface transportation. In1992 they established a
plan that designated 45 key centers for the....
China
Auto Parts Industry Should Comprehensively Enhance Its Competitiveness
and Strengthen Its Position in the Global Supply Chain (by Shen Ningwu, CAAM)
Investigation of the current state and development of the China Auto
Parts Industry, as well as the enhancement of its competitiveness....
Is
China's
Economy
Overheated?
The report on China’s economic
growth continues to be on the upbeat note. It accelerated at its
fastest in more than a decade with 11.3 per cent growth in the second
quarter over the same period a year earlier....
Are
Chinese Cars Ready for the Prime Time?
‘There is nothing I can do with this
bone,’ mumbled Cao Cao in the classic 14th century Chinese novel
Romance of the Three Kingdoms, while chewing on a bare bone. ‘But,’ he
continued, ‘it would be a waste to throw it away!’ One could easily
draw an analogy with the Chinese auto industry....
中国车准备进入
黄金时代了吗？
An Update
on China by Martin Waechter, Chief Marketing Officer, Shangri-la Hotels.
Consul general, ladies &
gentlemen,
Thank you very much for taking
the time to join me and my colleagues for today’s leadership luncheon.
I also would like to thank Siva Yam and the Chamber for enabling us to
meet you....
Go to our Newsletter "China
Alert" and Periodical Publications
to find more news and articles about business
in China.
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