Doing Business with China

Hardcover
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Author: Li Yong

ISBN-10: 1905050089

ISBN-13: 9781905050086

Category: International Business - General & Miscellaneous

This revised fifth edition of Doing Business with China has been updated to take into account key changes in the legal and fiscal environment. It remains the most comprehensive guide available to all aspects of commercial engagement in China. It focuses on developments in China's business and regulatory environment over the past four years since WTO entry and on the key industry sectors where China is already a global player or which offer good opportunities for foreign investment and trade....

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This revised fifth edition of Doing Business with China has been updated to take into account key changes in the legal and fiscal environment. It remains the most comprehensive guide available to all aspects of commercial engagement in China. It focuses on developments in China's business and regulatory environment over the past four years since WTO entry and on the key industry sectors where China is already a global player or which offer good opportunities for foreign investment and trade. In addition, the guide provides authoritative insight into accounting, auditing and taxation practices; banking, foreign exchange and corporate finance; and marketing issues which are unique to the Chinese markets. Revisions include updates to chapter's on economic performance and outlook, China's Securities Market and sector reports on China's automotive indutry, banking, oil and gas and steel production and core minerals. Booknews A guide to business practice in the world's fastest growing economy, published in association with leading Chinese, American, and British trade bodies and international firms. It presents: trading opportunities, giving data on regions, their social and economic indicators, and the key indigenous trade partners; the existing or approved Sino-Western ventures; the economic characteristics of each of China's 46 prime business locations, including designated areas offering preferential terms to foreign investors; Hong Kong and Macao--their economic alignment with China and their commercial roles in the Pacific Basin; and contact information for relevant authorities, organizations, banks and other professional firms, and companies. Distributed in the US by Cassell. Annotation c. Book News, Inc., Portland, OR (booknews.com)

PrefaceForewordForewordIntroductionChina's economic performance and outlook3China as a WTO member : systemic issues10The Chinese government structure16China's consumer market26Developing statistics in China43The opening up of the Chinese market as a WTO member53Foreign trade activity and its administration58China's exchange control system65Freight forwarding in China74Foreign-invested enterprises and alternative business structures81Employment law for Chinese and foreign nationals90Intellectual property rights in China93Trademark and patent application and protection in China97Environmental due diligence109Commercial dispute resolution113Accounting and auditing requirements and practices119Taxation issues123Differences between the PRC accounting regulations and international reporting standards129Revisiting Chinese cultural roots151Cultural differences and clashes in communication158Networking practice in China167Due diligence for market entrants179Partner selection and negotiations189Using education and training as a strategic marketing tool in winning international business198Employing staff in China204Distribution in China208How the CBBC operates215Industrial and commercial market research221Growing consumerism strategies for the China market227Marketing consumer products in China233Brand management and publicity238Effective public relations244Banking services for foreign invested enterprises (FIEs)255A practical guide to China's currency and payments system260Import and export financing in China264China's securities market271Mergers and acquisitions : acquiring a business in China280Mergers and acquisitions due diligence285Venture capital investment in China290China's automotive industry : automobiles303Automotive components312China's automotive industry : commercial vehicles322Banking : the domestic banks327Banking : foreign bank investment332Computer technology and IT335Consumables338Energy341China's insurance market344The media market353Oil and gas355The petrochemical industry359Promotional advertising365Retailing370Steel production and core minerals377Telecommunications380Travel and tourism382App. IContributors contact details387App. IIDirectory of local authorities of commerce with responsibilities for foreign trade and economic cooperation391App. IIICommercial offices of PRC embassies worldwide397

\ BooknewsA guide to business practice in the world's fastest growing economy, published in association with leading Chinese, American, and British trade bodies and international firms. It presents: trading opportunities, giving data on regions, their social and economic indicators, and the key indigenous trade partners; the existing or approved Sino-Western ventures; the economic characteristics of each of China's 46 prime business locations, including designated areas offering preferential terms to foreign investors; Hong Kong and Macao--their economic alignment with China and their commercial roles in the Pacific Basin; and contact information for relevant authorities, organizations, banks and other professional firms, and companies. Distributed in the US by Cassell. Annotation c. Book News, Inc., Portland, OR (booknews.com)\ \