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China

America Loses Its Asian Mojo

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Is America losing its Asian mojo? While China has announced a trade goal of US$1 trillion with Asia by 2020, United States President Obama has cancelled his long planned attendance to the primary U.S.-Asia focused event of the year – APEC.


China to Allow Greater Tolerance of “Traditional Faiths”

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Oct. 1 – According to sources closely tied to the government, Chinese President Xi Jinping is concerned with his countries moral decline and obsession with money, and has been further promoting China’s three traditional faiths – Confucianism, Buddhism and Taoism – in the hope that they can counter societal corruption. The sources have told Reuters […]


Selling to China & India’s Middle Class – It’s a Vietnam Manufacturing Play

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China is no longer the powerhouse of manufacturing that is once was. The reasons for this shift and the growing importance of Vietnam and India are examined in this article.


Setting Up a Wholly Foreign-Owned Enterprise in China

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By Eunice Ku Sept. 13 – A wholly foreign-owned enterprise (WFOE) is a company established in China according to Chinese laws and wholly owned by one or more foreign investors. A WFOE is a limited liability company, meaning that the liability of the shareholders is limited to the assets they brought to the business. Unlike […]


Designing a Labor Contract in China

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Aug. 29 – Once a conclusion has been reached concerning the issue of what kind of contract a company wishes to enter into for a particular employee role (direct employment, secondment or outsourcing), the next step will be the drafting of the contract. Normally, employment agencies and outsourcing companies will have their own template for […]


Chinese-Japanese Attitudes Build In Negativity

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Over the years, the perceptions and feelings of the Japanese and Chinese public towards each other have increasingly become more negative. However, both peoples see the relationship between the two countries as very important despite their differences.


India and China’s Retail Industries Compared

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According to a new report China ranks fourth globally for retail development. Meanwhile, India’s retail development ranking fell nine spots to fourteenth. A comparison of India and China’s retail sectors reveals some lessons for retailers in both markets.


China and India Hold Talks on Central Asia

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Aug. 15 – This week, India and China held official talks for the first time regarding their respective approaches towards Central Asia. The talks represent further bilateral engagement with regard to regional cooperation, despite their occasional competing interests. India and China are both geographically close to Central Asia, and both countries have already established close […]


India Provides US$100 Million Credit Line to Vietnam for Military Hardware

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Jul. 29 – The Indian Government has provided Vietnam with a US$100 million credit line for the purchase of four patrol vessels. The credit line was granted in light of the Vietnamese Government inviting India to explore for oil in the Phu Khanh basin in the South China Sea, which Vietnam considers its territory. China, […]


Comparison: Minimum Wages in China and India

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As the population demographics are now shifting to a younger workforce in India from China, minimum wage comparisons, while not exact, provide some clues about the nature of costs associated within the labor pools of each.


 

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