A Dictator or A Messiah? Implications of China’s 2018 Constitutional Changes.

Implications of China’s 2018 Constitutional Changes.

After the Mao era, China’s leaders have emphasized collective leadership and orderly succession. But a proposal to remove presidential term limits clears the way for Xi Jinping to rule indefinitely, as he seeks to restore what he considers China’s rightful place in the world. The bold move reinforces Xi’s position as the most powerful Chinese leader since Mao Zedong. It also signals the end of a period of collective leadership that has dominated elite politics in China for much of the past three decades – a period that many Western observers predicted would inevitably lead to democracy and rule of law. Instead, Xi appears determined to impose one-man rule as he seeks to restore China to what he considers its rightful place on the international stage.

What does this mean to you and your business, now and for the long run?
Is Xi a dictator or a messiah to China and the world?
How should you plan your business for the years to come when dealing with China?

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Friday, March 30, from Noon to 1:30PM

China relaxes e-commerce investor rules for foreigners

BEIJING, June 19 (Xinhua) — China has decided to give foreign investors greater freedom in the booming e-commerce industry by allowing them to fully own e-commerce companies in the country, the Ministry of Industry and Information Technology (MIIT) announced Friday.

The MIIT said in a brief statement that it would open up the online data processing and transaction processing businesses to foreign investors.

The new policy will enable more foreign companies to compete with local firms, thereby driving the sector to higher standards, the MIIT said.

The move is an expansion of a pilot scheme launched in January in the Shanghai Free Trade Zone.

Currently, China’s lucrative e-commerce business is dominated by big homegrown firms. The e-commerce market hit 13.4 trillion yuan (2.2 trillion U.S. dollars) in 2014, and China is aiming to almost double the value of the sector in two years.

 

From Xinhua Net

China Round Table:
Opportunity and Challenges of China’s Water Industry

FOR IMMEDIATE RELEASE

CINCINNATI, Ohio, USA20 May 21, 2015 – The Greater Cincinnati Chinese Chamber of Commerce (“Greater Cincinnati China-US Chamber”) hosts China Round Table: Opportunity and Challenges of China’s Water Industry.

This event is moderated by John Robinson, Principal Consultant of Cornerstone China Advisor and publisher of Mandarin Environment – a newly formed medial brand designed to connect Chinese investors to North American clean-tech opportunities. Microbial Robotics Director of MicrobialBots and GeRM™, Dr. Shengchang Su, joins Melinda Kruyer, CEO of Confluence, and John Mangan, Trustee of Mill Creek Watershed Council of Communities, as panelist to lead the discussion for attending members of the Chinese Chamber.

On April, 16, 2015, China announced action plan for water pollution prevention and control. The plan contains “10 measures for water” and follows the air pollution campaign that began in 2013. The 10 measures for water according to the Chinese State Council website include:

  1. Control and reduce discharge from industries, urban areas, agriculture, rural, shipping ports.
  2. Upgrading to recycle industrial water, reclaimed water, and seawater.
  3. Conservation and protection of water resources (by strict management system).
  4. Improving scientific and technical support; strengthening fundamental science.
  5. Increase market efficiency and price reform.
  6. Strict enforcement and severe punishment.
  7. Authorized discharge under strict management.
  8. Safety and strengthening protection of water bodies.
  9. More responsibility in local governments with central inspections.
  10. Improve public participation and community supervision (including public listing of performance).

The Greater Cincinnati China-US Chamber believes U.S. based companies and research institutions from the Greater Cincinnati region stand ready to assist with China’s water remediation efforts. This round table discussion is meant to spark community involvement in bridging an open dialogue and collaboration on solving the world’s most pressing water problems with efficiency and effective solutions developed by the Greater Cincinnati regional’s best intellectual and business minds.

For more information please contact coordinator[at]china-midwest.com.

Save the Date: June 18 China Consumer Trends Talk

“Changing China”

Chinese Consumer Trends Talk

Richard Cant, Dezan Shira’s regional director for central China, will fly into Cincinnati to share information on China’s changing economy. Trends have shown that the country is moving from a export-based, manufacturing economy to a service-based, consumer market.

Mark your calendars for June 18. Save the date and click here to register now.

When: 
Wednesday, June 18, from 8 am to 10 am
What: 
Breakfast, Networking and China Briefing
Where: 
TechSolve, 6705 Steger Drive, Cincinnati, Ohio 45237

 

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Joint Ventures in China: The good might outweigh the bad, the ugly

For American businesses, the idea of a joint venture in China can be met with skepticism, but that shouldn’t be the case.

In fact, Gerard Baynham and Peregrine Worsthorne purport that more U.S.-China joint ventures could be quite beneficial in bolstering China’s middle class and closing the budget deficit for the U.S. government.

In their article U.S.-China joint ventures could be key to closing federal budget deficit, Baynham and Worsthorne discuss briefly the history of U.S.-China business and go on to give examples of successful joint ventures.

We’ll have our own example of a burgeoning U.S.-China joint venture at our April 18 China Executive Round Table. Learn more by clicking here.

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