Category: Policy & Regulations
NPC and State Council Transparency Commitments: An Evaluation
The National People’s Congress (NPC) and State Council both announced initiatives in spring 2008 to increase transparency and public participation in the formulation of legislation and administrative measures. The US-China Business Council (USCBC) has been tracking NPC and State Council...
China’s Changing Culture and Etiquette
Face, guanxi, and other cultural norms are changing in China, but acquiring a basic level of cultural competence is still important for doing business there. For neophytes beginning to approach China, the long list of cultural dos and don’ts understandably brings...
Managing Business Risks
Wise companies prepare for—and minimize their exposure to—risks when investing in China. On the surface, China appears to be one vast market with a strong central government. But deeper down, China is a conglomerate of disparate markets that vary in their...
Cooperative Joint Ventures
Savvy foreign investors may wish to consider the benefits of this flexible investment structureby Paul H. FoltaDespite the attractiveness of China’s business and foreign investment environment, the country is not an easy place to do business. Foreign businesses that seek...