Business - Silk Road International (Page 28)

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Business

A collection of 280 posts

The Chinese RMB, US Politics and what it means for you

As the Chinese government slowly, ever so slowly, allows the RMB to strengthen against the US Dollar, US politicians cheer from the sidelines—patting themselves on the back for being able to influence the Chinese monolith. Yea, right. US politicians have about as much influence in China policy decisions as

Marathon Monday

Sometimes it’s just amazing what can be accomplished in China. The fact that I live in the middle of the worlds largest industrial zone (Guangdong Province) means that within 3 hours, in any direction, I can be at a factory for just about any given product sold the world

One more step back

More news has come out on the freezing of North Korean assets in Macao. Last week I wrote and said that the freezing of assets was just a political maneuver and didn’t really mean anything. Guess what? I was right. The freezing of assets took place months ago to

Two steps forward, one step back

The news from the banking sector in China this week sends mixed messages for the international community. Moody’s pegs Chinese banks at Stable to Positive, a shot in the arm for a sector of Chinese SOE’s that rarely gets much respect. China’s banking industry as a whole

What's More Important? Part II

As I mentioned in the previous Chinese cultural knowledge vs. general business skills blog (What’s more important? part I) I’m of the opinion that you’ve got to have the business skills first. The cultural skills are also absolutely necessary but for different reasons and for resolving different

The China Threat? Part II

Following up on yesterday’s blog regarding US immigration policy and the so called China Threat, I found this article in the NYT very apropos. Click here.For 4.1 million college graduates in China this year there are approximately 1.5 million jobs. Most Chinese college graduates are from

Who needs connections? or Business is business in China

Any one who tells you that connections in China, especially in the government, are not that important any more either hasn’t been here very long or doesn’t have any connections. The recent pulling of the film “The Da Vinci Code” after it had already been released in theaters

The more things change…

On a personal level I really enjoy working and living with the Chinese. They are interesting, interested, and very kind. But environmentally, I’m not all that pleased with living in China. On Thursday, as I was coming into Shenzhen from Hong Kong, I was robbed at the boarder. It

Chinese Court Rulings on IP Rights vs. Enforcement of IP Rights

The latest ruling by the Chinese courts in favor of protecting IP Rights in China is significant, but only to Pfizer itself and those who believe that the Chinese really have IP protection as a nation and governmental priority. The reality of the decision is much less grandiose. Pfizer is

What's More Important (For a Successful Business in China: Cultural Knowledge or Business Knowledge)?

While the debate between anthropologists and accountants rages on, about the only thing that everyone agrees on is that it's great for book sales. Personally, I've met a ton of Westerns that can't speak a lick of Chinese and don't know chopsticks