Unlike trucks, which have been produced in China since 1956 when First Auto Works (FAW) was founded, very few passenger cars were made in China when demand for cars began to grow in the 1990s.
At this stage, working with a consultant who understands the China market can provide real value and save companies from headaches they would run into when operating in China.
Chinese PE players are not as rigorous in their investment analysis and tend to rely more on their gut instincts and local knowledge of the country when investing in China.
The difficulties I am facing in getting my book sold in China illustrate some key lessons one should keep in mind when navigating the China market.
When I was in China in June and July, it seemed just about everyone expected a sharp slowdown.
In my own industry, legal services, there were only a handful of foreign lawyers working for Chinese law firms back when I arrived in China in 1998.
Of course, a growth rate of 7% is hardly a disaster, and Rothman still counts himself firms in the optimist camp when it comes to investing in China, provided you back the right horse.
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The issue came into sharp relief in 2011, when China's food-safety inspectors discovered in pork products from a Shuanghui subsidiary the chemical clenbuterol, which speeds muscle growth in pigs but can cause headache, nausea and an irregular heartbeat when consumed by humans.
Warren Buffett became a fan of Dayang suits when he visited China in 2007.
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And this despite the fact that, when both men are in China, they work in the same building.
Francis had been managing the property side of the business in China when he was asked to take over.
When I was in Western China several weeks ago, I had a chance to see this new policy in action.
When China said in June that the yuan would be allowed more flexibility, it looked like a victory for Mr Geithner.
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Depending upon when Spring Festival falls in China, sales in either January or February are distorted, and in some years, sales in both months are impacted.
The 22-story Park Hotel, the tallest building in China when it opened in 1934, looms over People's Square -- once the oval of the city's horse-racing track.
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Gunpowder may date back as far as the 4th century, when it was invented in China--perhaps by someone trying to mix sulfur, charcoal and saltpeter into medicine.
The use of private aircrafts is currently limited in China, but if and when regulations are loosened, this strategic investment would give China Aviation the technology to expand in a potential growth market.
When the group arrived in China on July 14, one of the students was found to have a fever before getting off the plane, and was immediately taken to a hospital, according to Alan Cheung, executive director of the Confucius Institute.
The government reported that 8.1 million new jobs created in the first seven months, which is 390, 000 more than that by July last year and comparable with the 12 million jobs created in 2011 and the 11 million in 2010 when China was winding down its massive crisis spending from 2008.
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This chapter documents why some companies fail while others thrive in the Chinese market, and illustrates important lessons that multinationals cannot afford to ignore when seeking to do business in China.
And the most famous dish in the capital is named after it: the Peking roast duck, a dish said to be first written into a recipe book in 1330 by Hu Sihui, an inspector of the imperial kitchens when the capital of China was in the city of Nanjing.
Things will get very interesting on the Internet backbone when Apple really rolls out in China.
This process accelerated through the 2000s, but it went into hyperdrive in 2005, when China's trade surplus abruptly spiked.
Yet when Apple doubled its stores in China it also doubled sales.
The biggest challenge that foreign investors will face when entering the China market in 2012 is the intense competition that exists for good deals.
Six of the world's 10 busiest ports are located in China, when measured in terms of cargo shipped in standard containers, or TEUs (20-foot equivalent units).
Until now, the conventional (yet somehow simultaneously unorthodox) wisdom has been for foreign companies to worry more about local governments when setting up their businesses in China.
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If I had been asked in early 1997 when China would make the renminbi fully convertible, I would have said that it would occur by the year 2000.
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