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
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
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
