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Chengdu Investment News: June 15
1. 80 Jetta cars produced daily, Chengdu FAW’s production line capacity fulfilled Information from the development bureau of automotive industry of the Chengdu Economic and Technological Development Zone on May 25th, Chengdu Faw Co., Ltd, leader of Chengdu automotive industry, produces 80 Jetta cars per day, having fulfilled the production line capacity, and have also [...]
Monopoly on Coke
Coke’s juicy M&A plans have already been raked over in the press (and on this blog). But next it is likely to be raked over by Chinese anti-monopoly officials (amongst others). As AP reports:
“Coca-Cola’s $2.5 billion offer…for China Huiyuan Juice Group Ltd. already has stirred nationalist opposition. Comments posted on Chinese Web sites criticized the [...]
China’s Courts, Tenth “Best” Out of Twelve. :: China Law Blog
Just came across this article discussing a ranking of various Asian countries’ judicial system, conducted by Political and Economic Risk Consultancy (PERC) (h/t to Silk Road International Blog):
1,537 corporate executives working in Asia rated the judicial systems in the countries where they reside, using such variables as the protection of intellectual property rights (IPR) and corruption.
Transparency, enforcement of laws, freedom from political interference and the experience and educational standards of lawyers and judges were also considered.
“Year after year our perception surveys show a close correlation between how expatriates rate judicial systems and how they rate the openness of a particular economy,” PERC said.
“Better judicial systems are associated with better IPR protection, lower corruption and wealthier economies.”
The ratings are on a scale of zero to ten, with zero being the best:
1. Hong Kong, 1.45
2. Singapore, 1.92
3. Japan, 3.50
4. South Korea, 4.62
5. Taiwan, 4.93
6. Philippines, 6.10
7. Malaysia, 6.47,
8. India, 6.50
9. Thailand, 7.00
10. China, 7.25.
11. Vietnam, 8.10
12. Indonesia, 8.26
My firm has had some involvement with the judicial system of all of these countries, with the exception of India, and my sense is that these rankings are pretty accurate. In fact, if I were to rank the systems by tiers, I would put Hong Kong and Singapore in the first tier, Japan, South Korea, and Taiwan in the second tier, and the rest in the third tier.
New York Times At It Again: This Time, The Sichuan Earthquake
DONATIONS If you can afford something, donations may be made by following the links in this page. [Thanks to China Law Blog for the tip.] Your prayers for the living and the dead are also a valuable contribution. TODAY’S POST This op-ed piece in the New York Times — printed just days after the almost [...]
US Exports to China by Congressional District
The US China Business Council has just put up (Maybe I just found it) one of the most useful maps I have seen when it comes to trade between the US and China called the Congressional District Exports to China: 2000-07 With the ability to make a cut at the state level, and at the [...]
UPS Delivers the Terracotta Army
Just found the article Special Delivery: UPS Moving Ancient Terracotta Army, and had to write a quick post as I think this a great example of how some firms are able to get themselves into the middle of some interesting things. For those who have yet to visit Xi’an, these warriors are simply an amazing [...]
Qingdao Wontide Co., Ltd.
Qingdao Wontide Co., Ltd. is a group company mainly engaging in manufacturing Casting, Powder Metallurgy Parts, Engine Parts, agriculture machinery parts, oilfield equipment and Material Handling equipments. Qingdao Wontide Co., Ltd. is a OEM manufacturer in casting of metal products. Our main materials include gray iron, ductile iron, malleable iron, carbon steel, stainless steel, copper [...]
Multiple Entry Chinese Visas Being Canceled at Border
In yet another chapter of the visa saga, it appears that we are now seeing where immigration officers at the border are turning multiple entry visas. According to the email I received: But yesterday and today it seems that when they arrived into the Guangzhou station from the HK Train, they were told that their [...]
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