As is common practice, the Chinese were given a courtesy heads-up that this action would be taken.
What the legislation really did was not so much create new rights as ratify and codify what tens of millions of Chinese had already put into practice, turning the more or less informal in-to the formal.
What the legislation really did was not so much create new rights as ratify and codify what tens of millions of Chinese had already put into practice, turning the more or less informal in-to the for-mal.
It looks like Chinese reformers will have to continue to practice the Confucian virtue of patience.
It has been a clever solution, but obviously the Chinese government is well aware of the practice and is said to be evaluating the use of VIEs going forward.
Last year, Securities and Exchange Commission Chairwoman Mary Schapiro said the regulator was weighing several options to address concerns about the proliferation of the practice, used frequently by Chinese firms.
So the group proposed assigning one code to each character with a common meaning in Chinese, Japanese and Korean, even though, in practice, the same ideogram is often written differently by different nationalities.
The restructuring of Caterham's line-up means Ma Qing Huang -- who made history when he became the first Chinese racer to drive in front of his home crowd during practice at the last race in Shanghai -- loses his role as the team's reserve as well as his place in Caterham's GP2 team.
Given that Fonterra followed a common practice by using Hong Kong as a legal base for its Chinese operations, that argument alone is sending a shudder through the territory's businesses.
ECONOMIST: Product liability in China: Redress by relocation | The
The first Chinese WRITTEN text on medicine dates to approximately 200 BCE but we know that the practice of acupuncture goes much farther back than that, potentially from 3-5, 000 BCE.
FORBES: Acupuncture Infiltrates the University of Maryland and NEJM
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