Tag Archives: Managing The Dragon
Innovation and IPR in China, Part III

Innovation and IPR in China, Part III

Innovation and the protection of intellectual property rights (IPR) go hand in hand, and are two topics that come up frequently in discussions about China. Tsinghua University is doing a study on the status of both in China and asked for my comments. In Part I, I responded to Tsinghua’s first set of questions, and [...]

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New Sources of Capital in China

New Sources of Capital in China

China’s capital markets are at an inflection point, and foreign-invested enterprises (FIEs) are seeing more opportunities to raise capital to fund their China operations than ever before. In terms of its capital markets, China finds itself in the same situation that the United States did at the beginning of the 1980s. During the 1970s, the [...]

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Dim Sum Anyone?

Dim Sum Anyone?

No, I’m not talking about the meal of steamed dumplings and buns, rice noodle rolls, steamed vegetables, egg tarts and other Chinese delicacies that is so popular in Hong Kong. I’m talking about the $31 billion of RMB-denominated “dim sum” bonds that may be issued in Hong Kong this year. What’s a dim sum bond? [...]

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Shanghai’s International Board

Shanghai’s International Board

Shanghai plans to be an international finance center by 2020, and creating a board on the Shanghai Stock Exchange where foreign companies can list their shares is seen as an essential component. Preparations for the board have been taking place over the past two years, and Shanghai’s Deputy Mayor, Tu Guangshao, who is responsible for [...]

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Innovation and IPR in China, Part II

Innovation and IPR in China, Part II

Innovation and the protection of intellectual property rights (“IPR”) go hand in hand, and are two topics that come up frequently in discussions about China. Tsinghua University is doing a study on the status of both in China and asked for my comments. Part I provided my answers to the first set of questions posed [...]

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China’s Tier 2 and Tier 3 Cities, Part II

China’s Tier 2 and Tier 3 Cities, Part II

As mentioned in China’s Tier 2 and Tier 3 Cities, I visited Yizheng, one of China’s so-called Tier 3 cities, last Monday. After leaving Jiangsu Province, I had an opportunity to visit the equivalent of another Tier 3 city, this time in neighboring Zhejiang. With a population of approximately 400,000, Yuhuan County is about one-half [...]

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China’s Tier 2 and Tier 3 Cities

China’s Tier 2 and Tier 3 Cities

In recent posts, MTD has discussed the idea of locating factories in China’s Tier 2 and Tier 3 cities as a way of dealing with rising costs in the country. There’s no question that wages, rents and just about every other cost incurred when building a factory are highest in Tier 1 cities like Beijing [...]

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China As A Workshop

China As A Workshop

In MTD’s last post, Don’t Leave China, Just Move, we took issue with a recent Economist article that suggested that companies should reconsider China as a manufacturing location due to rising wages and other costs. MTD’s point was simple. China is a vast country where manufacturing costs vary widely depending upon city and region. Rather [...]

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Don’t Leave China, Just Move!

Don’t Leave China, Just Move!

Several people have commented on Moving Back to America, a recent article in The Economist. The gist of the article is summed up in the first paragraph: When clients are considering opening another manufacturing plant in China, I’ve started to urge them to consider alternative locations,” says Hal Sirkin of the Boston Consulting Group (BCG). [...]

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Credit Tightening: Good News For Inflation

Credit Tightening: Good News For Inflation

When inflation hit 21.7 percent in 1994, Zhu Rongji, China’s then economic czar, literally shut down lending by assigning tough credit quotas to the regional banks. Zhu told bank officials that they would lose their jobs if they exceeded his credit quotas. As a result of Zhu’s tough administrative measures, inflation in China slowed to [...]

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