DiligenceChina

Another interesting news day. The wiki people are going, and the car companies are staying. China Economic Review says that export plans for SAIC and the other big local car companies are stuck in neutral until they can gain more traction at home. The Wikish part of the internet is […]

Steve Dickinson, one of the writers of www.ChinaLawBlog.com , recently gave a speech about China business entry that neatly sums up the new economic and regulatory environment in the mainland. In the talk, Steve describes 5 new “paradigms” that the new business entrant to China will deal – particularly in terms of regulations, marketing […]

Banks are going to have to pay to get in, and then they’ll be hobbled by asymmetric regulations for years to come. But it isn’t slowing them down. HSBC has already submitted preliminary paperwork for setting up a domestic operation.
The cycle of MNC / bureaucratic symbiosis is playing out again. […]

Minimum depost: $126,500. Who can afford that in China? According to the latest Chinese Rich list, it’s mostly the children of China’s decision-makers. Citibank and it’s ilk get to service the top 0.01%, while everyone else is lining up at ICBC. That’s what I call Private Banking.
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Yes, but it’s taking longer than people thought. And now it will take a very long time. The China opening was basically a race to see who could learn the other culture’s marketing methods first. If the Chinese could learn to market to the West before the West learned to market, China […]