Another way in: China's 'grey channels' are a boon - and a trap
Article Abstract:
Many foreign companies cannot afford not to import their goods to China through so-called grey channels, as they are faced with high tariffs, regulatory obstacles and obscure distribution networks. Grey channels often mean an inability to control products, however, and this is particularly undesirable for electronics firms that need to ensure price uniformity. Grey channels also adversely affect multinational sales and manufacturing strategies in China by discouraging companies from investing in legitimate distribution means.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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What a makeover
Article Abstract:
Jahwa is a state-owned company from Shanghai, China, which has been modernized by Ge Wenyao, the general manager. The cosmetics company has moved into profit and boosted sales. Ge was chosen to study in France but then sent to work with peasants in the Cultural Revolution. He started working at Jahwa in 1985 and set up agreements with Kanebo and L'Oreal. He places emphasis on an educated workforce, and 60% of the company's employees are college graduates. Employee fraud has been reduced and salaries have been raised.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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The 'Iron Lady.' (Jing Ying, deputy director of the foreign affairs department of the Shanghai Foreign Economic Relations and Trade Commission)(50th anniversary issue)(Interview)
Article Abstract:
Shanghai, China, offers many attractions for foreign investors, even though rents and wages there are high, according to Jing Ying, deputy director of the foreign affairs department of the Shanghai Foreign Economic Relations and Trade Commission. She has enjoyed rapid career progression, and is now responsible for arranging foreign investors' access to Shanghai's mayor and vice-mayors and for coordinating economic-related overseas trips made by Shanghai leaders. She expresses great confidence in the city's residents.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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