Archive for the ‘Red Tape’ Category

GSK Sales off 61% Post-Scandal. Consider it a Down Payment

Wednesday, October 23, 2013 8:21 Comments Off on GSK Sales off 61% Post-Scandal. Consider it a Down Payment

If history is a guide for the future, than GSK (and others) really should have paid more attention 5-6 years ago when SIEMENS was caught up in a similar scandal involving their medical equipment.  Sadly they didn’t and a few months ago when the story broke that they were under investigation, it was clear to […]

This was posted under category: Going to Market, Red Tape, The Big Picture Tags: , , ,

What Happens in Rome Can Put You in Jail in the US.

Wednesday, September 5, 2012 19:34 Comments Off on What Happens in Rome Can Put You in Jail in the US.

A few years back, Las Vegas changed its city motto to “What happens in Vegas, Stays in Vegas”, as if that was going to get someone out of trouble should they be caught doing something stupid by their wife, the cops, a pit boss. As Prince Harry recently found out. In China the motto has […]

This was posted under category: Going to Market, Invest in China, Red Tape, The Big Picture

China to Tax Offshore Transactions

Tuesday, December 22, 2009 7:56 7 Comments

In what might be the regulation that slipped through the traditional media wires, Jay Boyle of EXPAT CFO just forwarded me a potential bombshell of a regulation where China will look to tax all those offshore transactions that investors have come to rely upon when setting up their China vehicles. … and it went into […]

This was posted under category: Invest in China, Red Tape

A Guide to China’s Indirect Taxes

Monday, August 17, 2009 12:43 Comments Off on A Guide to China’s Indirect Taxes

Wanted to alert everyone to a new Ernst and Young report on Indirect TAxin that is worth the read for everyone.  It is a subject that I have covered here at times when the policies were changing, and this is one of the best reports I have seen to date on how companies view the […]

This was posted under category: Invest in China, Red Tape, Uncategorized

Guanxi Either Retires or Goes to Jail

Monday, June 22, 2009 6:13 5 Comments

Good friend, and frequent commenter, Jay Boyle once said that “Guanxi either retires or goes to jail“, and over the past few years in particular we have begun seeing this as Beijing clamps down on a number of officials for graft. Most recently the removals of Shenzhen Mayor Xu Zongheng and Pi Qiansheng Binhai New […]

This was posted under category: Invest in China, Red Tape Tags:

New Regulation: Social Insurance

Sunday, December 28, 2008 23:27 Comments Off on New Regulation: Social Insurance

Following the announcement that China plans to establish social security number system,news that China has drafted its first law on social insurance came soon after. According to the article: It specifies a common right for citizens, urban and rural alike, to pay premiums and enjoy social insurance for medical care, work injuries, unemployment and childbirth. […]

This was posted under category: Red Tape

Sourcing in China?: Read This NOW

Friday, July 25, 2008 1:02 2 Comments

China Briefing has just posted SAFE Issues New Regulations to Further Control Foreign Exchange Movement, which confirms the worst case scenario I ran through in my post earlier this month The Next Problem for China’s Exporters: SAFE Regulations. Confirming what, Michael Pettis’s warned about in his post Hot weather, cold market, I made a trip […]

This was posted under category: China Logistics, From the Factory Floor, Red Tape Tags: ,

Business Visa Ban in 5 Chinese Cities: Just in Time for Christmas

Thursday, July 24, 2008 6:25 4 Comments

For those of you who were alseep last year, there was an issue related to quality control and product safety that rocked US consumers and gave everyone at CNN something to talk about. My position at the time was that it was firms like Mattel and FTS tire Import who were to blame for not […]

This was posted under category: Red Tape, The Big Picture Tags: , , ,