DiligenceChina

China business and bribes. For the ex-pat manager trying to make a success of his China operation, the question of bribes, gifts, red-envelops, hong-bao, or whatever else it’s being called is an important one. You’ll hear that “everyone does it” and that your chances of success in China drop significantly if you don’t […]

Nothing to add on this one. Just go to the NY Times. If you have trouble finding the piece, it’s the one that starts out:

WASHINGTON, June 18 — China manufactured every one of the 24 kinds of toys recalled for safety reasons in the United States so far this year, including the enormously […]

How will the Danone-Wahaha mess end? Look for the existing Wahaha brand to fade away into obscurity (a new tainted-product / bribes-to-corrupt-official scandal is a good indicator that it’s all over but the whimpering) and for a new player to suddenly arise on the Chinese food industry scene – maybe Danana or Dahana or […]

When I was getting my MBA in finance, I was impressed by terms like , “negative earnings growth” (i.e.: loss) and “right-sizing” (i.e.: mass lay-offs of middle managers to pay for senior management bonuses”. As an institutional equities broker, I always tried to put a positive spin on my company’s most misguided and […]

I recently heard about a 2 week trade mission arranged by a major US state’s small business advisory board. The declared goal was to help small and medium sized business from the US learn about ways to find mutually beneficial ways to participate in China’s economic development.
They are spending 2 weeks […]