With a growing economy and the world’s largest population, China has for decades been a key destination for foreign companies expanding abroad, but the difficulties of doing business here have never been small. In the past few years, however, China has in some respects become an increasingly risky place to do business, in part because of the Chinese government’s efforts to modernize regulations and crack down on bad actors. In this interview, senior partner Kent Kedl at Control Risks explains how the challenge is not only for foreign companies to understand and comply with new rules, but to make compliance into a competitive advantage.
People are taking to soccer in China, but is it just a passing fad or a phenomena that’s here to stay?
According to the World Bank, China is set to become the largest economy in the world by the end of 2014. But China’s rise to economic superpower status comes at a cost to its international maneuvers. China’s economy has emerged rapidly in the past two or three decades. It surpassed Germany’s in 2009 and Japan’s […]
The week that was: Government eases regulation on foreign investment in China’s healthcare sector; Alibaba picks up a 10.35% stake in Singapore Post; and the government’s pricing and corruption crackdown squeezes profits of pharmaceutical companies in China. Mending China’s Healthcare System China’s healthcare system is in urgent need of an overhaul (for a detailed […]