Category Archives: investments
The successful Bright Food Group Co. announces a buying spree among Australian and European firms, according to Bloomberg. A smart strategy, comments retail analyst Shaun Rein, who says buying existing brands is better than building your own.
Suzhou resident Bill Dodson talks about the executing of his corrupt vice-mayor to Paul French of the Ethical Corporation in a podcast. Local debts are becoming a liability and local officials paying with their lives. A look behind China’s corrupt economy.
Social instability and a touchy change of power in 2012 are just two of a set of stinging problems China’s sky-high debts is causing the country, political analyst Victor Shih tells the Global Post in an extensive interview on the country’s shortfall.
China’s regulators have been scrapping preferential treatment of local firm to win procurement contracts from the government, originally meant to strengthen indigenous innovation. “It is a sign the government is listening to the needs of foreign companies,” says Shaun Rein in the China Daily.
Chinese and Western business practices differ, quite a lot. Bill Dodson recalls on his weblog a due diligence trip into Zhejiang province, visiting a company that offered to their Western visitors two accounting books. The Western visitors were shocked. A different modus operandi.
Bill Dodson has been writing extensively about social unrest in China and what it means for foreign companies. In his weblog he focuses on the fact that most strikes have been at factories owned by Japanese, Taiwanese and some Hongkongnese. Some observations.
Competitors from China are becoming better, IMD-professor Bill Fischer concludes in Forbes. Cheap labor and competitive pricing are replaced by a far greater asset: listening better to their clients. Fischer zooms in on UnionPay, China’s only electronic retail network.