The perils of China

Article Abstract:

China saw record levels of investment in 1995 and 1996, involving a high proportion of US and European corporations. Several joint ventures have begun operation, and high profile successes include Procter & Gamble, McDonald's and Coca-Cola. However there was some over-optimism about market size, and the lack of sensitivity to local conditions proved expensive for some. Also many Chinese representatives in joint ventures were not well versed in the ways of the free market, and difficulties with local partners were the main problem for foreign companies. There are also high costs, including import tariffs, 17% VAT, expatriate income tax and consumption tax.

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China wear: Canada's Ports shows how to make it in Shanghai

Article Abstract:

Ports International stores are thriving in the ferocious Chinese market for fashionable clothing thanks to strict management and an appreciation of subtleties. The women's-wear retailer, a subsidiary of Canada's SEC Holdings, has two Shanghai stores that have exceeded expectations, and plans on an eventual 21 stores throughout China. It caters to the upper middle-class consumers who can spend $78 on a dress that sells for $318 in Canada. Its greatest asset may be its Shanghai supervisor, Diana Pawlik.

Women's Clothing Stores, Women's Ready-to-Wear Stores, Foreign operations, Retail trade, Women's clothing industry, Clothing industry, Shanghai, China, Ports International

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Preserving China's rites

Article Abstract:

An extensive study of Chinese folk culture and rituals is being coordinated from Taiwan. Many rural traditions have survived despite the cultural revolution and more than 40 years of communism. The project is being lead by Wang Chiu-kuei of National Tsinghua University, who says that the goal is to study the more symbolic side of local Chinese life. The initially reluctant mainland authorities have agreed to the $1.2 million project, which is the largest of its kind in over a century.

Study and teaching, Myths and legends, Chinese rites

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