Archive for October, 2006

China Law Goes After Money Laundering

China’s top legislature  passed an ant-money laundering law that includes accepting bribes.
In addition to accepting bribes, violating financial management regulations and financial fraud w…

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Posted by Bill Belew on October 31st, 2006 in All about China, Business in China, China, Doing Business in China | No Comments

Angelina Jolie Spreading Bad Will in Asia

Angelia Jolie is considering a lawsuit against the head of a Cambodian aid group.
Jolie’s philanthropic and political advisor told the AP they were considering filing a lawsuit to recover hundre…

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Posted by Bill Belew on October 31st, 2006 in Asia | No Comments

World Cup Co-hosting Discouraged

Belgium, Netherlands and Luxembourg want to submit a joint bit for the 2018 World Cup. Do they really plan hosts that far in advance?
The three countries are preparing to submit a bid in January to ho…

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Posted by Bill Belew on October 31st, 2006 in All about Japan, Japan, Japan business | No Comments

China’s Private Property Law Getting closer to Approval

It’s been five years since the idea of allowing private property was brought up with to the National People’s Congress.
Six drafts later and the legislation seems it may be approved in the…

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Posted by Bill Belew on October 31st, 2006 in All about China, Business in China, China, Doing Business in China, chinese | No Comments

Yuan Hits New High Against the US Dollar

The Chinese yuan is under 8 yuan to a dollar now. And the first time it went under 7.89.
Traders are calling this a psychological milestone and economists are wondering if a stronger yuan is going to …

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Posted by Bill Belew on October 30th, 2006 in Business in China, China, Doing Business in China, chinese | No Comments

New Oriental Education and Technology Group = American Dream becomes Chinese Dream

Michael Yu’s new Oriental Education and Technology Group is the realization of the "Chinese Dream."
Yu Minhong’s father built a pig pen with rubble – broken pieces of brick…

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Posted by Bill Belew on October 30th, 2006 in All about China, China, Doing Business in China, chinese | No Comments

China Sharpens Swords in Internet Anti-Piracty Campaign

China has begun a new 100 days campaign to crackdown on Internet piracy.
The National Copyright Administration said the campaign will crackdown on piracy of:
1. music
2. movies
3. software
4. books
5….

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Posted by Bill Belew on October 30th, 2006 in Business in China, China, Doing Business in China, chinese | No Comments

8 Chinese Laws to Improve Teenage Life and Prevent Internet Addiction

8 Chinese Laws to Improve Teenage Life and Prevent Internet Addiction

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Posted by Bill Belew on October 30th, 2006 in Business in China, China, China Business, Doing Business in China, chinese | No Comments

Chinese Producers Hope for Film Rating System

Chollywood news – Two Hong Kong producers are saying that mainland China needs to establish a film rating system ASAP.
If China does, moviemakers will be able to produce more good films, have mo…

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Posted by Bill Belew on October 30th, 2006 in Business in China, China, China Business, Doing Business in China | No Comments

Chinese Car Market Speeds Up

ACNielsen took a phone survey in May and June of more than 1,500 repsondents in Beijing, Shanghai and Guangzhou.
The results – private car ownership and the intention to buy a new car are still …

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Posted by Bill Belew on October 29th, 2006 in All about China, China, Doing Business in China | No Comments