Contracts will soon be awarded for projects related to the 2008 Beijing Olympics and foreign consulting and construction companies are keen to get a piece of the action. Foreign companies are scrambling for the single biggest business opportunity ever offered by China: the 2008 Olympic Games. Since Beijing won the bid last July to host […]
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Taiwan’s state-run Chinese Petroleum Corp (CPC) and its mainland counterpart, China National Offshore Oil Corp, have signed an agreement to jointly explore for oil in an area of the Taiwan Straits, Reuters reported. They have agreed to invest a total of US$25m in a joint venture to look for oil in the Chaoshan block about […]
Shake-out for SOEs
The implications of China’s accession to the WTO are explored in a new Unctad report. In this extract, state-owned enterprises in sectors such as automobiles are shown to be especially vulnerable to big job losses.
At your service
Business centres, now a well established concept in China, are a costeffective solution for multinational companies that require temporary office space. Some, however, are starting to look to the longer term.
Dealing with dilemmas
Investing in China involves confronting a wide range of ethical problems. Instead of following the herd and behaving unethically, managers should choose a strategy for each situation, writes Dr. Kai-Alexander Schlevogt.