... While due diligence is brushed aside
Article Abstract:
Foreign investors are turning away from China due to disappointing profits, one cause of which has been frauds perpetrated by Chinese business partners. Many of those frauds have occurred because foreign companies have failed to do adequate due diligence. Attractive investment opportunities still exist in China, but it is necessary for investors to choose their business partners carefully and conduct adequate due diligence.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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China's debt-driven growth loses steam...
Article Abstract:
China's economic expansion has been accompanied, since 1993, by a rise in domestic debt and a decline in return on assets before interest. The country's growth is unsustainable, under such circumstances. The basic solution is for China to create a true market economy. In order to do so, the country must marketize the financial system, privatize the real economy, and institute the rule of law.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Beware: bribery can bounce back and bite you in China
Article Abstract:
The effects of the US Federal Corrupt Practices Act and legislation in other countries on companies doing business in China is described. Companies can take steps to mitigate anitbribery laws.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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