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China’s Clean Technology Era
Clean technology has been a hot topic recently for venture capital buffs interested in China. So when I saw this article in Business Week I knew I'd have to at least mention it… “Venture Capital's Clean Dreams for China” provides a great overview of the current state of affairs. The article looks at the current [...]
Are Your Business Cards Bilingual
I came across a blog by Anima a couple of days ago and I felt like I just had to mention it – for two reasons. First, the blog is about an excellent idea. Anima's concept of bilingual business cards is practical and useful. And in China, where exchanging business cards carries the same sort [...]
Hundreds Arrested in Product Safety Crackdown
Remember back in August when China's Vice Premier, Wu Yi, China's most successful troubleshooter, was named as head of a cabinet level panel to address the issues of standards, product safety, and quality control in China's food industry? China just announced the arrest of 774 individuals in what the Associated Press called “a crackdown on [...]
China Online Gaming Company Sets IPO
Giant Interactive, the maker of the Zhengtu (one of China's most popular online games) has set the terms of its upcoming NYSE initial public offering. The share price will be between $12 and $14 per share, according to the China Post. Giant Interactive expects to offer about 57 million shares. Giant Interactive's Zhengtu game is [...]
Guanxi – Chinese Business Practices Are Built on "Trust"
One of the biggest difficulties Western business people face when they go into China to find partners is a cultural one. Most Westerners don't fully understand that Chinese business people value what they call guanxi, or “trust” – and they need to feel it before the enter into a business relationship. China Success Stories has [...]
Survival Tips and Bubbles…
Dan over at the China Law Blog looked at a list last week of the Top Ten China Business Survival Tips. I loved the post. I'm like Dan: lists are hard to resist because they tend to reduce information to manageable forms… The first item on the list struck me because we'd just talked about [...]
Leave Your Religion at Home…
I ran across an interesting blog post this week that could have an impact on your philosophy of business in China, maybe… The blog post was entitled Tough Times for Jesus in Xinjiang. It commented on some documents from China's Bureau for Ethnic & Religious Affairs; the documents were obtained by the China Aid Association, [...]
A Venture Capital Bubble in China?
Min Zhu is the founder of Cybernaut, a Hangzhou-based venture capital firm. He lived through the Cultural Revolution in China, graduated from Zhe Jiang University with a degree in engineering, came to the U.S. in 1984 and studied at Stanford University, founded a couple of American firms in the Silicon Valley, including WebEx, and became [...]
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