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Experience Not Logic

Experience Not Logic - 不经一事,不长一智
Business and Law in China
  • Posts of the Week: 9/20/10 - 9/26/10
    Does Beijing’s clampdown on property still have force? at beyondbricsHiring a Chinese Employee Without a Chinese Entity. Good Luck With That at China Law BlogChina has left the west on the sidelines in Africa at beyondbrics
  • Posts of the Week: 9/13/10 - 9/19/10
    Tell Me What You Yuan, What You Really, Really Yuan at Free ExchangeWhy Getting Tough With China Won't Solve Our Jobs Problem by Robert ReichChina Joint Ventures. Who's Your Partner? at China Law BlogSinging the China-US WTO Blues at China HearsaySummary of recent China v. US WTO cases.Central Planning v. Market Capitalism at Managing the DragonA tale of BYD and A123.China. A Really Good Place to
  • The Politics of the Anti-China Bill
    For the sake of convenience and rabble-rousing I'm going to refer to the Currency Reform for Fair Trade Act as the Anti-China Bill. The bill will essentially allow the US to impose trade sanctions against countries that manipulate their currencies. The best thing written about the bill and Geithner's speech today is from the Economist's Free Exchange:Pundits have been demanding that Mr Geithner
  • Posts of the Week: 9/6/10 - 9/12/10
    The New ‘FronTier’ – How These Domestic Companies Have Achieved Success Beyond China’s First Tier at The China ObserverProduct Name Makes No Sense? Probably a Trademark Issue at China HearsayForeign Prices Undercutting Domestic Chinese Prices. Yes, You Read That Right at China Law BlogCheng Siwei on China's Property Bubble at beyondbricsOnline Business in China: High Stakes, Short Tempers at
  • Comment on the NYT China Clean Energy Subsidies
    Stan Abrams has a great post up today on this morning's New York Times article by Keith Bradsher about China's various solar subsidies, On Clean Energy, China Skirts Rules. In his post, Stan enumerates the various subsidies discussed in the article, and he discusses their strengths if they were filed in a WTO complaint. One response to Mr. Bradsher's article: I thought the juxtaposition of US
  • Debt for Equity Swaps by FIEs in China
    [The meat's a few paragraphs down under "In China" header. I just wanted to do the comparative law thing first.]Given the prevailing gloomy economic climate in the developed world, and market volatility in the developing world, debt for equity swaps have received a lot of coverage over the past couple of years. Debt for equity swaps can be by contract or under a bankruptcy statute, and if in
  • Posts of the Week: 8/30/10 - 9/5/10
    Why Settling Trade in Yuan Matters at China Real Time ReportThe Next President of China at The AtlanticThe Basics On China Pharma, Part 3: Mistakes To Be Avoided at China Law BlogI've really been enjoying this series.China's Disposable Backhoe at Managing the DragonUpfront prices tend to have more impact in purchasing decisions than cost/km.How To Win Over The Chinese Consumer. What Happens In
  • China Government Sanctions for Violation of Environmental Laws
    BNA Daily Report for Executives (subscription only) has an interesting article today that gives 6 examples of ways that various city and provincial governments are discovering and responding to violations of environmental laws."Serious Environmental Violations" in Liaoning Province46 of 74 companies with "serious environmental violations" in Liaoning province will have restricted access to credit
  • After the Fall of Communism, Why Did Russia Become Democratic and China Remain a Communist State?
    A friend emailed me the other day asking for my thoughts on why Russia democratized after the fall of Communism and China did not. My initial, flippant thought is, Russia democratized? But that's too harsh. Let's give Russia the benefit of the doubt that it is a representative democracy, or a republic. Let's also give China the benefit of the doubt and not say "the fall of communism," but instead
  • Posts of the Week: 8/23/10 - 8/29/10
    Chinese Banks Are Making Easy Profits Off of Artificially Low Interest Rates at Money GameReports of China IP’s Demise Are a Bit Premature at China HearsayManufacturing: Maybe It Isn't China at Free ExchangeSince the end of World War 2, US manufacturing output has grow steadily and manufacturing employment has declined steadily. Getting tough on China will not reverse this trend.Have We
  • China Needs 10 New Yorks Over the Next 20 Years. How Do We Get in the Real Estate Game?
    Dan Harris at China Law Blog has been quite bullish on the China healthcare business prospects, particularly pharmaceuticals (see parts one and two). I am not one to disagree, and Chinese pharmaceutical R&D, manufacture, and sales does sound like quite the opportunity. But what if you are not in the enviable position of owning valuable pharma IP? I'd take a wager on construction.The other day it
  • The Huawei and Sprint Nextel Deal Seems Innocent Enough
    On first impression, the eight Republican Senator's opposition to Huawei's bid to supply Sprint Nextel with telecommunications equipment in the US seemed like a typical political exploitation of xenophobia, particularly in a competitive mid-term election season. But Huawei has had some accusations against them over the years that make them seem more suspect than other Chinese companies. However,
  • Richard Pozen's Solution to Solve the US-China Trade Deficit
    Robert Pozen wrote an op-ed for the WSJ yesterday arguing that the best way to shrink the trade deficit is for Chinese companies to increase wages, rather than faster yuan appreciation: Bashing Beijing Will Not Help Our Trade Deficit. He argues this because wages are the most expensive input for most of the goods exported from China to the US. And if wages increase, then Chinese will have more
  • Posts of the Week: 11/2 - 11/8
    China Joint Ventures: Understanding the Intangibles at China BriefingAmericans believe relationship with China is most important at China Economic ReviewWhere To Locate Your China Business at China Law BlogMultinational Companies Could Face Stricter Transfer Pricing Investigation By Chinese Tax Authorities at China Law UpdateChina Joint Ventures Again. This Time We Blame The Victims at China Law
  • Posts of the Week: 10/26 - 11/1
    China Antimonopoly Law Update at China Realtime ReportDiscussing two interesting lawsuits under the AML, one against China Mobile, and the other against Shanda and Xuanting.Love The One You're With. When China Joint Ventures Make Sense at China Law BlogDan covers some instances where he thinks JVs are appropriate.A Call For More Transparency In China’s Africa Investments at China Realtime

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