The Mansour Hotel houses the Chinese embassy and several western organizations.
Goldwind, Coda, and the Thermal Power Research Institute are hybrids of Western design and Chinese production, and no nation has yet mastered both the invention and the low-cost manufacturing of clean technology.
The question is whether or not Chinese banks will follow the Western model completely and whether they will embrace investment banking.
Both the Western and Chinese economies need to rebalance, and this process has already begun.
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And Whirlpool's washing-machine factory now makes appliances under contract for Kelon, which sells them under its own brand, a reversal of the usual hierarchy between western and Chinese firms.
That includes the equipment manufactured and sold by every Western vendor in the United States, much of which is made by Chinese joint venture partners and suppliers.
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Such are the trials and tribulations of a Chinese company trying to make it in the western hinterlands.
Recently, I was on BBC World News to discuss the eurozone debt crisis and how the Chinese middle class can help re-balance the Western economies.
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Shanghai students comfortably pipped the South Koreans, Singaporeans and Hong Kong Chinese, with only eccentric Finns bucking the Western-slacker trend.
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In the absence of massive new finds of oil, technological or other impetuses for reduced U.S. and Western demand, the Chinese competition will not only further increase the cost of a barrel of oil.
The prevailing wisdom among Western marketers is that the rise of the Chinese consumer offers new and exciting opportunities in this very exciting market, the only major market that is still showing rapid growth.
But there's also another threat to the local industries: Chinese imports that are even cheaper than the Western hand-me-downs and locally made clothes.
Paper comes from the Chinese, the Western alphabet comes from the Phoenicians, the page numbers come from the Arabs and ultimately the Indians, and printing has a heritage through Gutenberg, a German, as well as through the Chinese and Koreans.
Ideally, the management team should be a combination of experienced Chinese and Western managers.
Because of my experience on Wall Street and China, and the team of experienced Chinese professionals that we have assembled, we act as a lightning rod for Western and Chinese companies alike.
Meanwhile, the error all along, to which both Chinese policy makers and Western commentators seem to have fallen victim, has been to confuse a high degree of usefulness with indispensability.
Many of these young Chinese started returning home in the 1920s and 1930s, imbued with Western ideas about modern design.
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And China's internet start-ups, such as Tencent (a social-networking service) and Alibaba (an e-commerce company), have had a genius for copying Western business models and adapting them to the Chinese market.
Chinese banks were not, in the main, exposed to toxic Western debt and, perhaps more importantly, never adopted dangerous Western methods of hiding risks.
In order to succeed in China, Western Internet companies need to study the China market carefully and understand Chinese culture.
Others detect the start of a trend whereby Chinese car manufacturers will assert greater authority over their Western and Japanese partners.
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Though parking lots were jammed with Chinese tour groups and Korean families on day trips, the DMZ appeared to have fewer Western visitors than usual.
The demand is as large as the Chinese population and economy, and supply of exquisite objects limited, thanks to most being in Western museums or private collections.
Many Chinese firms exhort on their company Web sites that they can develop the right products for Western and Japanese consumers.
Meanwhile, the Chinese government can boast that it has established in Western China an economic zone for cloud computing and automotive and aerospace production resulting in 12.5% annual growth and 49% growth in annual tax revenue, with wages rising more than 10% a year.
It is no secret that the Chinese market likes branded, Western goods, with purchasing in China driving higher end apparel, jewelry and auto sales.
The refurbished venue, which combines eastern and western architectural elements including an Art Deco facade and a Chinese-style roof, lies amid low-rise tenement buildings, vibrant markets and local shops.
"There are a lot of things you need to explain and tell to the Western audience (that) would be considered boring" to a Chinese audience, said Jeffrey Chan, CEO of Hong Kong-based Distribution Workshop.
But the formula has begun to show its age, and Chinese Lunar Festival levels start to look an awful lot like Western levels, start to look like St.
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