April 2008

Capitalism in China is ‘work in progress’

by Hongwei Shang April 30, 2008 News

International Business April 28, 2008 By: Meredith Hobbs The Chinese crackdown on protests in Tibet in the run-up to the summer Olympics in Beijing has not had any real effect on business activities, said Peter A. Neumann, a Shanghai-based shareholder at Greenberg Traurig. At a Georgia Tech conference on doing business in China, Neumann acknowledged [...]

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World Sneezes, China’s Just Fine

by Hongwei Shang April 25, 2008 News

Economists say a global slowdown will largely spare a mainland economy still based on domestic consumption and cushioned by vast cash reserves by Frederik Balfour The Year of the Rat has certainly gotten off to a less than auspicious start for China. The country got buffeted by the worst winter storms in half a decade, [...]

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China becomes 3rd machinery equipment supplier to Brazil

by Hongwei Shang April 25, 2008 News

(Xinhua) Updated: 2008-04-09 14:10 China has become Brazil’s third largest machinery equipment supplier, with its machinery exports to Brazil surging nearly 150 percent to $364 million in the first two months of 2008, the Brazilian machinery builders association said Tuesday. In the period under review, Brazil imported machinery equipment worth $3.27 billion, a 66.1-percent increase [...]

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World Economic Forum on Latin America Opens in Cancun

by Hongwei Shang April 18, 2008 News

• The World Economic Forum on Latin America opens, with more than 500 participants from 40 countries. • Latin America is in a better position than ever to withstand a downturn in the global economy. • China and other emerging Asian economies are natural partners for Latin America. • The meeting offers the opportunity for [...]

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Law Firms Hiring Attorneys with Expertise in China

by Hongwei Shang April 18, 2008 News

Law firms in the U.S. and the U.K. are planning major global expansions, particularly in China. That’s according to a recent survey conducted by the Law Firm Services Group of PricewaterhouseCoopers’ Private Company Services practice. The study finds that law firms both here in the U.S. and across the pond have made significant investments in [...]

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FDA may station inspectors in China

by Hongwei Shang April 13, 2008 News

WASHINGTON — The U.S. Food and Drug Administration has announced plans to place regulators in China, pending approval from the Chinese government. The agency said Friday the State Department had approved a plan to establish eight full-time, permanent FDA positions at U.S. diplomatic posts in China. The FDA also plans to hire five Chinese employees [...]

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Growing Trade Ties China to Latin America

by Hongwei Shang April 8, 2008 News

Growing Trade Ties China to Latin America by Julie McCarthy China is emerging as an economic powerhouse throughout the world– including in the backyard of the United States. Hungry for trade with mineral- and agriculture-rich Latin America, the Chinese are binding themselves closer with the continent, snapping up commodities such as Brazilian soy and Chilean [...]

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