Category Archives: Scandals

Entire Kunming (昆明) Apple Store: Fake (With Photos)

From the WSJ China Real-Time Report: A blogger in Kunming posted photos on Wednesday of a local store which, from a distance, looked just like one of the consumer electronics giants’ iconic full-service retail stores. It featured a glass exterior, … Continue reading

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Lamborghini Plans an “Everyday” Model — Smashing Idea!

An “everyday” Lambo sounds like a product destined for wealthy, young Chinese business owners. Lamborghini should sell over 300 cars in China this year, Winkelmann said at the Reuters Summit, held at the Reuters office in Paris on Monday, about … Continue reading

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Make Sure Your Buns are Fresh — Scandalous Chinese Food

The stories about food in China sicken as they entertain: “mineral water” from the Shanghai tap, lead in tea (dried by the exhaust of military trucks), rice coated with machine oil (to increase weight) and now recyled buns. On a … Continue reading

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Avon, Door-to-door Sales and the Foreign Corrupt Practices Act

I once trained, as consultant for a German conglomerate in China, door-to-door vacuum cleaner salesmen (and women) in sales techniques: 15 cities over six months, approximately 500 trainees.  So that I might observe their skills, together we knocked on doors … Continue reading

Posted in American Faux Pas, China After the Meltdown, Entering the China Market, Legal, Management, Scandals | Tagged , , , , | 1 Comment

China Agritech and the Need for Due Diligence

The case made for extensive due diligence. …That led to a $4 million investment in China Agritech Inc. (CAGC), a Beijing-based firm listed on the Nasdaq Stock Exchange and 22 percent owned by Carlyle Group. It was, Glickenhaus said, a … Continue reading

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“Korean” Company Targets Law Firm in Email Scam — Law Firm Sues Banks

I’ve written often on email scams targeting attorneys in the US. A foreign individual, masquerading as a company, persuades an American attorney to deposit what appears to be a genuine bank check for a large sum. The check is bogus. … Continue reading

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China Hands Out Its Own Peace Prize to Lien Chan

Chinese officialdom continues to thrash wildly in response to the award of the Nobel Prize to a Chinese lawyer/activist, Liu Xiaobo, currently incarcerated. Among the thrashings: threats to foreign governments, increased surveillance and punishments of those with some connection to … Continue reading

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Ordinary, Everyday Fraud in China

Must read: The most recent string of revelations has been bracing. After a plane crash in August killed 42 people in northeast China, officials discovered that 100 pilots who worked for the airline’s parent company had falsified their flying histories. … Continue reading

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High-Ranking Chinese Minister Warns, “Our Hands are Tied:” Minor Revaluation May Lead to Catastrophic Currency Risk

Vice Commerce Minister Zhong Shan: “Water doesn’t boil if it is heated to 99 degree Celsius. But it will boil if it is heated by one more degree,” he said. Likewise, “a further rise in the yuan by a very … Continue reading

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Google Reported to Plan Closing of Chinese Language Search Engine

[The alternate title for this post could very well be "Baidu Executives Celebrate Gift-Horse with New Strategy to Capture Existing Google Customer Base."] WSJ reports Google throwing in the towel — or at least leaking the rumor that it will, … Continue reading

Posted in American Faux Pas, Entering the China Market, Scandals | 3 Comments