China Economic ReviewThe US-headquartered mid-price hotel group Howard Johnson has opened its first property in China. The 230-room four-star Beijing Howard Johnson Paragon Hotel is the first of six Howard Johnson hotels due to open in China this year; the others will be in Shanghai, Qufu, Chengdu, Nanjing and Hangzhou. All will be management contracts and all […]
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.Many companies start to tackle ethical questions only once they have reached a size that makes them believe they can afford philanthropic endeavours. And even […]
Upon China’s accession to the WTO, import rights were granted to all domestic enterprises over a period of three years. Within one year of China’s accession, before December 11, 2002, foreign investors will be able to establish joint ventures (with some geographic restrictions) to distribute goods on a wholesale level, either as a principal or […]
Foreign investors can set up wholly owned distribution centres in any one of the FTZs, selling imported or locally sourced goods to customers inside and outside the FTZ. Sales to customers outside the FTZ who do not have import rights can be conducted through a bonded exchange in Shanghai Waigaoqiao or Shenzhen Futian FTZ, which […]