Chinas banking sector has traditionally served as a party-controlled feeding trough for its inefficient, unprofitable state-owned enterprises (SOEs), most of which were technically insolvent. The process was simple extend a loan to an unqualified SOE applicant, then write off the loan as a bad debt when it failed to repay. This situation is beginning to change, and Chinese banks are attracting the attention of foreign banks that are beginning to view them as investment opp…
Investing In China: The “china Fallacy”?
China has long been an entrepreneurs daydream If I could sell one pair of underwear each to a billion Chinese . Now, after almost 25 years of opening its gates to the outside world, how well are things working?
Chinese Environmental Law For Foreign Invested Enterprises
Chinese foreign investment law requires the issuance of an Environmental Impact Assessment (EIA) in before many types of projects are commenced,particularly construction and renovation projects (this requirement applies to both new and existing enterprises). The EIA is used to evaluate whether proper and effective protective measures have been taken with respect to the project?s potential environmental impact. The trend in China is towards stricter environmental standa…