Relations between China and Malaysia have been developing steadily.Recently,See Chee Kong Leonard,Business Minister of Embassy of Malaysia in PRC,accepted an interview with Chinas Foreign Tradey and talked about the 4...Relations between China and Malaysia have been developing steadily.Recently,See Chee Kong Leonard,Business Minister of Embassy of Malaysia in PRC,accepted an interview with Chinas Foreign Tradey and talked about the 45 years of economic and trade cooperation and achievements of the two countries.展开更多
Since implementing the policy of reformand opening,China has resumed itsdomestic insurance business that washalted for two decades.Originally,the ChinaPeople’s Insurance Corporation monopolizedall the insurance busin...Since implementing the policy of reformand opening,China has resumed itsdomestic insurance business that washalted for two decades.Originally,the ChinaPeople’s Insurance Corporation monopolizedall the insurance business and developedrapidly,with its structural organs distributedwidely in all the provinces,municipalitiesand counties,its staff growing to 120,000and the business expanding far beyond thegrowth rate of the national economy.But theeconomic system reform deepening展开更多
China＇s traditional business cultureConfucian thought has had a profound influence on the way Chinese people do business. For example, ＂etiquette,＂ the basic element of Confucianism, originated from the ritual wors...China＇s traditional business cultureConfucian thought has had a profound influence on the way Chinese people do business. For example, ＂etiquette,＂ the basic element of Confucianism, originated from the ritual worship of, and sacrifice to, the ancestors. Later it developed into a set of moral rules based On kinship and hierarchy, and has been weaved into five interpersonal relations： those between ruler and subject, father and son, husband and wife, brothers and friends. Not only did it play a role in solidifying patriarchal-feudal relationship, but it is deeply rooted in the living habits and customs of today and has become a force which regulates social interactions and behaviors. Since ancient times, the principle that ＂an even temper brings wealth＂ has been an essential part of Confucianism.展开更多
Two estimaton methods are used to calculate the theoretical reservoir potential of China's oceanic thermal energy. One is based on the measured temperature difference between the surface water and the deep water, ...Two estimaton methods are used to calculate the theoretical reservoir potential of China's oceanic thermal energy. One is based on the measured temperature difference between the surface water and the deep water, the other on the net radiation energy income from solar insolation either measured or deduced. The results from these two methods are compared and examined. Then, the maximum amount of the exploitable thermal energy is calculated based on the assumption of a Carnot cycle efficiency. In the process of estimation, such factors as water depth, seasonal water temperature variation and geographic location have been taken into account.The theoretical reservoir capacity and the exploitable quantity of the thermal energy of China's four seas are thus estimated separately.展开更多
China’s great transformation,launched three decades ago,has changed the fate of hundreds of millions of people,including Liu Wei,an "educated youth" at the time. After having witnessed the seeming insignifi...China’s great transformation,launched three decades ago,has changed the fate of hundreds of millions of people,including Liu Wei,an "educated youth" at the time. After having witnessed the seeming insignificance and helplessness of individuals in the face of grand social movements over the past 30 years,Liu,now an economist,shifted his attention to how the fate of ordinary people changes amid the rising and ebbing tides of the economy. While people fret over the future national well-being during complicated policy changes,Liu pointed out that employment holds key to China’s economy because employment has a direct bearing on people’s livelihood.展开更多
Bookkeeping and documentation provisions of the FCPA To ensure proper paper trails are created, documented and retained, the Foreign Corrupt Practices Act (FCPA) requires that proper accounting and internal controls b...Bookkeeping and documentation provisions of the FCPA To ensure proper paper trails are created, documented and retained, the Foreign Corrupt Practices Act (FCPA) requires that proper accounting and internal controls be established for foreign entities. These requirements are basic, and prudent organizations should maintain these provisions. The展开更多
Both the private sector and international financial institutions in the United States are optimistic about the Chinese economy, which is manifested in their actions and words.U.S. venture capitalists increased th eir ...Both the private sector and international financial institutions in the United States are optimistic about the Chinese economy, which is manifested in their actions and words.U.S. venture capitalists increased th eir investment in Chinese startups last year, with the venture capital(VC)f lows between the United States and China hitting an estimated $22 billion, according to a report released on May 8 by the U.S.-China Investment Project, led by the Rhodium Group and the National Committee on U.S.-China Relations(NCUSCR).展开更多
Kevin Cheung, vice preside nt of a New York-based clothing firm, recently twisted his ankle and is steadily recovering from an intense burning sensation. Yet there are no signs of the easing of the "slow bum"...Kevin Cheung, vice preside nt of a New York-based clothing firm, recently twisted his ankle and is steadily recovering from an intense burning sensation. Yet there are no signs of the easing of the "slow bum" that his company, Lisa International, has been suffering since the U.S. initiated a tariff dispute with China last March.展开更多
Recently, we have seen significant media interest directed at U.S. companies operating in China and how the Foreign Corrupt Practices Act (FCPA) may affect them. American businesses in China must be aware that their o...Recently, we have seen significant media interest directed at U.S. companies operating in China and how the Foreign Corrupt Practices Act (FCPA) may affect them. American businesses in China must be aware that their organization can展开更多
China’s national Emissions Trading Scheme(ETS),the largest ETS in terms of the amount of CO_(2) regulated,was launched on the trading platform operated by the Shanghai Environment and Energy Exchange(SEEE)on July 16t...China’s national Emissions Trading Scheme(ETS),the largest ETS in terms of the amount of CO_(2) regulated,was launched on the trading platform operated by the Shanghai Environment and Energy Exchange(SEEE)on July 16th 2021,and has successfully completed its first compliance cycle on December 30th,2021.During the operation of its first cycle,China’s national ETS differs from other international ETSs in many aspects,including trading products and participants,allowance allocation method,compliance term,and offset mechanism,leading to certain unique trading patterns.Some unique settings are worth noticing including key emitters dominated by state-owned enterprises(SOEs)who also dominate transactions,large-scale power groups’carbon strategies,allowances for 2 years of 2019 and 2020 being processed in one compliance period and allowed inter-year banking of allowances.All these have led to trading patterns characterized by cyclical demand-driven trading,insufficient trading capabilities of regulated entities,stable allowance price and an increased price of CCER.Nonetheless,the successful running of its first compliance cycle offers invaluable experience for future ETS development in operational mechanism improvement,sector coverage expansion,allocation optimization,and introduction of different types of market players and tradable products,and provides a good reference for future international expansion.展开更多
The Public Company Accounting Reform and Investor Protection Act of 2002,commonly known as Sarbanes-Oxley or SOX after the two authors of the bill,wase nacted on July 30,2002,
Foreign Trade China’s trade in commodities went up 8.6 percent year on year to$2.45 trillion in the first seven months of this year, customs data showed on August 8.Exports rose 5 percent year on year in the January-...Foreign Trade China’s trade in commodities went up 8.6 percent year on year to$2.45 trillion in the first seven months of this year, customs data showed on August 8.Exports rose 5 percent year on year in the January-July period while imports grew 12.9 percent,resulting in a trade surplus of$155.1 billion, which narrowed by 30.6 percent, according to the General Administration of Customs. In July, exports rose by 6 percent to$203.4 billion,while imports jumped 20.9 percent to$177.1 billion.展开更多
In 2012, the sales growth rate of China’s large retail enterprises declined sharply. According to the statistics of China National Commercial Information Center, in 2012, retail sales of the
文摘Relations between China and Malaysia have been developing steadily.Recently,See Chee Kong Leonard,Business Minister of Embassy of Malaysia in PRC,accepted an interview with Chinas Foreign Tradey and talked about the 45 years of economic and trade cooperation and achievements of the two countries.
文摘Since implementing the policy of reformand opening,China has resumed itsdomestic insurance business that washalted for two decades.Originally,the ChinaPeople’s Insurance Corporation monopolizedall the insurance business and developedrapidly,with its structural organs distributedwidely in all the provinces,municipalitiesand counties,its staff growing to 120,000and the business expanding far beyond thegrowth rate of the national economy.But theeconomic system reform deepening
文摘China＇s traditional business cultureConfucian thought has had a profound influence on the way Chinese people do business. For example, ＂etiquette,＂ the basic element of Confucianism, originated from the ritual worship of, and sacrifice to, the ancestors. Later it developed into a set of moral rules based On kinship and hierarchy, and has been weaved into five interpersonal relations： those between ruler and subject, father and son, husband and wife, brothers and friends. Not only did it play a role in solidifying patriarchal-feudal relationship, but it is deeply rooted in the living habits and customs of today and has become a force which regulates social interactions and behaviors. Since ancient times, the principle that ＂an even temper brings wealth＂ has been an essential part of Confucianism.
文摘Two estimaton methods are used to calculate the theoretical reservoir potential of China's oceanic thermal energy. One is based on the measured temperature difference between the surface water and the deep water, the other on the net radiation energy income from solar insolation either measured or deduced. The results from these two methods are compared and examined. Then, the maximum amount of the exploitable thermal energy is calculated based on the assumption of a Carnot cycle efficiency. In the process of estimation, such factors as water depth, seasonal water temperature variation and geographic location have been taken into account.The theoretical reservoir capacity and the exploitable quantity of the thermal energy of China's four seas are thus estimated separately.
文摘China’s great transformation,launched three decades ago,has changed the fate of hundreds of millions of people,including Liu Wei,an "educated youth" at the time. After having witnessed the seeming insignificance and helplessness of individuals in the face of grand social movements over the past 30 years,Liu,now an economist,shifted his attention to how the fate of ordinary people changes amid the rising and ebbing tides of the economy. While people fret over the future national well-being during complicated policy changes,Liu pointed out that employment holds key to China’s economy because employment has a direct bearing on people’s livelihood.
文摘Bookkeeping and documentation provisions of the FCPA To ensure proper paper trails are created, documented and retained, the Foreign Corrupt Practices Act (FCPA) requires that proper accounting and internal controls be established for foreign entities. These requirements are basic, and prudent organizations should maintain these provisions. The
文摘Both the private sector and international financial institutions in the United States are optimistic about the Chinese economy, which is manifested in their actions and words.U.S. venture capitalists increased th eir investment in Chinese startups last year, with the venture capital(VC)f lows between the United States and China hitting an estimated $22 billion, according to a report released on May 8 by the U.S.-China Investment Project, led by the Rhodium Group and the National Committee on U.S.-China Relations(NCUSCR).
文摘Kevin Cheung, vice preside nt of a New York-based clothing firm, recently twisted his ankle and is steadily recovering from an intense burning sensation. Yet there are no signs of the easing of the "slow bum" that his company, Lisa International, has been suffering since the U.S. initiated a tariff dispute with China last March.
文摘Recently, we have seen significant media interest directed at U.S. companies operating in China and how the Foreign Corrupt Practices Act (FCPA) may affect them. American businesses in China must be aware that their organization can
文摘China’s national Emissions Trading Scheme(ETS),the largest ETS in terms of the amount of CO_(2) regulated,was launched on the trading platform operated by the Shanghai Environment and Energy Exchange(SEEE)on July 16th 2021,and has successfully completed its first compliance cycle on December 30th,2021.During the operation of its first cycle,China’s national ETS differs from other international ETSs in many aspects,including trading products and participants,allowance allocation method,compliance term,and offset mechanism,leading to certain unique trading patterns.Some unique settings are worth noticing including key emitters dominated by state-owned enterprises(SOEs)who also dominate transactions,large-scale power groups’carbon strategies,allowances for 2 years of 2019 and 2020 being processed in one compliance period and allowed inter-year banking of allowances.All these have led to trading patterns characterized by cyclical demand-driven trading,insufficient trading capabilities of regulated entities,stable allowance price and an increased price of CCER.Nonetheless,the successful running of its first compliance cycle offers invaluable experience for future ETS development in operational mechanism improvement,sector coverage expansion,allocation optimization,and introduction of different types of market players and tradable products,and provides a good reference for future international expansion.
文摘The Public Company Accounting Reform and Investor Protection Act of 2002,commonly known as Sarbanes-Oxley or SOX after the two authors of the bill,wase nacted on July 30,2002,
文摘Foreign Trade China’s trade in commodities went up 8.6 percent year on year to$2.45 trillion in the first seven months of this year, customs data showed on August 8.Exports rose 5 percent year on year in the January-July period while imports grew 12.9 percent,resulting in a trade surplus of$155.1 billion, which narrowed by 30.6 percent, according to the General Administration of Customs. In July, exports rose by 6 percent to$203.4 billion,while imports jumped 20.9 percent to$177.1 billion.
文摘In 2012, the sales growth rate of China’s large retail enterprises declined sharply. According to the statistics of China National Commercial Information Center, in 2012, retail sales of the
