Monthly Archives: June 2007

Citibank and the City of Wuhan: Struggling on the Banks of the Yangtse

The smoggy, foggy and utterly disheveled metropolis of Wuhan, on the Yangtse River in Hubei Province, bears the historical distinction of locus of the river trade. [See photo I took in Wuhan that gives you an idea of the Wuhan … Continue reading

Posted in Banking and Finance, Investment | Comments Off

The AFL-CIO and Chinese Unions

Today’s post contains a few questions I’m hoping some of my readers might be able to answer. This WSJ article on American labor union officials and labor activism in China is an interesting read. The All-China Federation of Trade Unions … Continue reading

Posted in Entering the China Market, Legal, Management | Comments Off

Guangdong Court Applies Hong Kong Law in Commercial Lease Dispute

From Xinhua come reports of this case, in which a Guangdong court has, for the first time, decided a commercial leasing dispute by application of Hong Kong law. Thanks to Paul Jones, a barrister, solicitor and trademark agent in Canada, … Continue reading

Posted in Legal | 2 Comments

Comments: A Note to Readers

Over the years, those who have added their comments directly underneath a post have been in the large part agreeable and positive. On the other hand, readers with ideas contrary to my own, seem to send email directly to me. … Continue reading

Posted in Blog Announcements | Comments Off

A Link to Martin Wolf on “the Strange World Economy”

Not directly related to China, but worth your time: Martin Wolf, Villains and Victims of Global Capital Flows

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Danone Sues Wahaha — Accuses Partner of Parallel Operations

Danone is now sadly forced to wash its dirty linen in public: “After a long investigation, Danone officials concluded that their closest partner in China, Wahaha’s longtime chairman, Zong Qinghou, was operating a series of secret companies outside the joint … Continue reading

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Accurate Valuation of China Stocks 65% Lower?

An article worth reading in its entirety, from Bloomberg: China’s benchmark CSI 300 Index would need to fall as much as 54 percent to come in line with the price-to-earnings ratio of Hong Kong’s Hang Seng China Enterprises Index, which … Continue reading

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China Rejects U.S. Food Imports!

More of the old back and forth. Only a piddling amount of money is involved — as yet — if any. It appears to be a simple statement without any details of the offending shipments. Did it really occur, i.e., … Continue reading

Posted in Imports and Exports, U.S. Economy | Comments Off

Check Your June Issue of the ABA Journal

Those of you who are members of the American Bar Association may wish to check your June issue of the ABA Journal, where your editor, Rich Kuslan, is quoted. See Terry Carter’s article, “A Chinese Puzzle,” on page 30. Interesting … Continue reading

Posted in Legal | 2 Comments

China CSI 300 Index Plunges 7.7%

Another remarkable drop. 6?1???????????????????????????????????6?1???????????133455???????37590.24??????????????43.44???????44.24????????40253????????20533?????????173708????????5610??? Bloomberg takes it calmly. Chinese media outlets stress instead the need for calm. ???????6?4??????????????????????????????????????????????????????????????????????????????????????????????

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