Doing Good Business in China

10.1142/12145 ◽  
2021 ◽  
Author(s):  
Stephan Rothlin ◽  
Dennis McCann ◽  
Parissa Haghirian
Keyword(s):  
Business In China

Washington will rethink its foreign chip strategy

2021 ◽  
Keyword(s):  
United States ◽  
Supply Chain ◽  
The United States ◽  
Export Controls ◽  
Political Pressure ◽  
Technical Standards ◽  
Content Type ◽  
The Us ◽  
Technology Competition ◽  
Business In China

Significance Follow-on action from Washington and responses from foreign actors will shape the US government’s adversarial policy towards China in semiconductors and other strategic technologies. Impacts The Biden administration will likely conclude that broad-based diversion of the semiconductor supply chain away from China is not feasible. The United States will rely on export controls and political pressure to prevent diffusion to China of cutting-edge chip technologies. The United States will focus on persuading foreign semiconductor leaders to help develop US capabilities, thereby staying ahead of China. Washington will focus on less direct approaches to strategic technology competition with China, notably technical standards-setting. Industry leaders in the semiconductor supply chain worldwide will continue expanding business in China in less politically sensitive areas.

China issues new cybersecurity review measures

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lester Ross ◽  
Kenneth Zhou
Keyword(s):  
National Security ◽  
Strategic Alliances ◽  
Chinese Government ◽  
Self Assessment ◽  
Extensive Experience ◽  
Content Type ◽  
Foreign Companies ◽  
Foreign Products ◽  
Doing Business ◽  
Business In China

Purpose To describe and analyze the implications of the new Measures (the “Measures”) for Cybersecurity Review jointly promulgated on April 27, 2020 by twelve Chinese government departments led by the Cyberspace Administration of China (CAC). Design/methodology/approach Defines the scope of the Measures, explains the functions and obligations of critical information infrastructure operators (each, a CIIO), outlines the self-assessment and cybersecurity review process and discusses the implications of the Measures for foreign companies doing business in China. Findings The Measures impose an obligation on CII operators to apply for a cybersecurity review when they intend to procure network products and services that present or may present a national security concern. Such review will focus not only on national security and data leakage concerns, but also on supply-chain security concerns. The cybersecurity review will likely further the decoupling between China and the US. Practical implications While the Measures are not formally intended to discriminate against foreign products and services, the promulgation of the Measures will have a significant impact on foreign companies that supply network products or services to CII operators in China. Originality/value Practical guidance from lawyers with extensive experience in advising Chinese, US, European and other companies on laws and regulations related to competition, cross-border investments, joint ventures, strategic alliances and international trade matters.

Chinese Business Practice in the Late Imperial Period

2013 ◽  
Vol 14 (4) ◽  
pp. 769-793 ◽  
Author(s):  
Madeleine Zelin
Keyword(s):  
Rapid Development ◽  
Chinese Economy ◽  
Long Distance ◽  
Late Imperial ◽  
Market Expansion ◽  
Chinese Business ◽  
Everyday Practices ◽  
Imperial Period ◽  
Business In China ◽  
The Impact

The rapid development of the Chinese economy over the past several decades has stimulated new interest in the institutions, practices, and social formations that supported the development of business in China before the intensification of pressure from Western traders to conform to “modern” practices in the late nineteenth and early twentieth centuries. This article aims to provide a foundation for understanding merchant practice as it developed during the important years of market expansion during the last Chinese dynasty and to dispel some of the enduring myths about the Chinese merchant, his relationship to family, community, and the state, and the ideological constraints on his activities. To that end I examine several aspects of late imperial merchant culture, beginning with the everyday practices that allowed business to flourish in the Qing, turning next to the large social formations through which long-distance merchants in particular identified and pursued their interests, and ending with some preliminary thoughts on the impact of the laissez-faire policies of the last dynasty and their implications for post-Imperial China.

scholarly journals Environmental Risks: Doing Business In China

2011 ◽  
Vol 7 (1) ◽  
Author(s):  
Jack Ethridge ◽  
Treba Marsh ◽  
Esther Bunn
Keyword(s):  
Financial Reporting ◽  
Financial Statements ◽  
Risk Process ◽  
Business Environment ◽  
Environmental Risks ◽  
Internal Factors ◽  
Audit Risk ◽  
Factors Affecting ◽  
Doing Business ◽  
Business In China

Planning and conducting the audit of financial statements involves understanding the entity and the environment in which it operates.  First and foremost this requires identifying the risks faced by the entity.  Identifying these risks can be a complex and difficult task since the auditor needs to not only understand the entity’s risk process but also independently understand the risks facing the firm.  Tackling this task will involve a comprehensive review of the external and internal factors affecting the business.  It is possible many identified business risks are related to financial reporting risk and ultimately to audit risk.  Therefore, the auditor must understand the linkage between risks, controls and the audit.  The objective of this paper is to examine the risks faced by U.S. companies conducting business in China.  This paper attempts to identify a wide array of risks faced by U.S. companies to demonstrate how important it is for the company and the auditor to understand the business environment.

scholarly journals Doing business in China and performance: a review of evidence

2010 ◽  
Vol 4 (1) ◽  
pp. 37-56 ◽  
Author(s):  
Diego Quer ◽  
Enrique Claver ◽  
Laura Rienda
Keyword(s):  
Doing Business ◽  
Business In China ◽  
And Performance
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