USA China Law BlogYour source for insight into the Chinese Business Market.More than Beijing, Shanghai, and Guangzhou- September 12, 2008 Forbes and the Economist have recently ranked the business attractiveness of Chinas bigger cities. The surveys looked at the quality of the labor force, business costs, market size and capitalization to find the top business cities in the country. From Forbes (via China.org.cn): Top Five: 1. Hangzhou 2. Shanghai 3. Wuxi 4. Nanjing 5. Ningbo From The Economist: Top Five: 1. Shanghai 2. Guangzhou 3. Beijing 4. Hangzhou 5. ...http://www.usachinalaw.com/blog/2008/09/12/more-than-beijing-shanghai-and-guangzhou/ Min Gao Guan: Chinese Government Being Sued Under the New Anti-monopoly Law- September 10, 2008 After 13 years on the drawing board, the Anti-Monopoly Law passed by the Standing Committee of the National People&8217;s Congress, China&8217;s top legislature, has come into effect on Aug. 1, 2008. It is viewed as a milestone of the country&8217;s efforts in promoting a fair competition market and cracking down on monopoly activities. However, the first ...http://www.usachinalaw.com/blog/2008/09/10/min-gao-guan-chinese-government-being-sued-unde... Chinas future with Freddie & Fannie- September 9, 2008 In case you live under a rock, Henry Paulson, the United States Secretary of the Treasury, and Jim Lockhart, director of the FHFA, announced on Sunday that the U.S. government was placing mortgage giants Fannie Mae and Freddie Mac under a conservatorship. Essentially, the treasury took $1 billion in preferred senior stock in both ...http://www.usachinalaw.com/blog/2008/09/09/china%E2%80%99s-future-with-freddie-fannie/ Another step- September 6, 2008 By LI JING (China Daily) 2008-09-01 In its battle against environmental woes, China has added an additional green law to its expanding arsenal of legal weapons. Last Friday, the Circular Economy Promotion Law passed the third and final review by the Standing Committee of the National People&8217;s Congress (NPC), China&8217;s top legislature, and will take effect beginning ...http://www.usachinalaw.com/blog/2008/09/06/another-step/ Move up or out- September 5, 2008 By WANG LAN (China Daily) 2008-09-01 Slowing exports in China is pushing many low-cost manufacturers out of business and forcing others to either merge or restructure. Although the process may seem painful, especially at a time of tightening bank credit, economists and industry experts say it can help the economy achieve a more balanced, and therefore, more sustainable ...http://www.usachinalaw.com/blog/2008/09/05/move-up-or-out/ Experts advise against major changes despite a challenged economy- September 4, 2008 By Han Lei and Zuo Likun (chinadaily.com.cn) 2008-09-05 Chinese enterprises, especially small and medium ones, are facing a harder time because of the combined effects of the global slowdown, tight domestic credit, rising costs and an appreciating yuan. About 67,000 small and medium-sized enterprises (SMEs) went bankrupt throughout China in the first half of the year, according to ...http://www.usachinalaw.com/blog/2008/09/04/experts-advise-against-major-changes-despite-a-... |