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young_clinton
Joined: 09 Sep 2009
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 Posted: Tue Jul 06, 2010 9:04 am Post subject: |
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| The US could suspend all legal travel to China. With no rich Americans spending money in Beijing and Hong Kong and Shanghai that would put quite a dent in the money in some Chinese pockets. I refuse to go anyway, the way that Americans get overcharged for Visas. |
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metalhead
Joined: 18 May 2010
Location: Toilet
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| Posted: Tue Jul 06, 2010 10:21 am Post subject: |
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| young_clinton wrote: |
| The US could suspend all legal travel to China. With no rich Americans spending money in Beijing and Hong Kong and Shanghai that would put quite a dent in the money in some Chinese pockets. I refuse to go anyway, the way that Americans get overcharged for Visas. |
Uh, no. China is booming, American tourists going there or not will make no difference at all.
I'll be going back to China soon, it's quite fascinating really, the place really is changing at a rapid pace. Friendly people at least. |
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mises
Joined: 05 Nov 2007
Location: retired
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ReeseDog
Joined: 05 Apr 2008
Location: Classified
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| Posted: Tue Jul 06, 2010 10:27 am Post subject: |
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| bucheon bum wrote: |
| And FYI, you can swear on this board now. |
*blink* *blink*
You can? |
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bucheon bum
Joined: 16 Jan 2003
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| Posted: Tue Jul 06, 2010 10:59 am Post subject: |
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| Shit, it looks like you can. |
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bucheon bum
Joined: 16 Jan 2003
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| Posted: Tue Jul 06, 2010 11:01 am Post subject: |
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| metalhead wrote: |
| young_clinton wrote: |
| The US could suspend all legal travel to China. With no rich Americans spending money in Beijing and Hong Kong and Shanghai that would put quite a dent in the money in some Chinese pockets. I refuse to go anyway, the way that Americans get overcharged for Visas. |
Uh, no. China is booming, American tourists going there or not will make no difference at all.
I'll be going back to China soon, it's quite fascinating really, the place really is changing at a rapid pace. Friendly people at least. |
Yeah, tourism (especially from Americans) is a drop in the ocean that is the Chinese economy. |
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The Happy Warrior
Joined: 10 Feb 2010
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| Posted: Wed Jul 07, 2010 12:19 am Post subject: Re: China convicts American citizen |
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| mises wrote: |
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| What counts as a state secret in China is notoriously murky and arbitrarily enforced. |
How can any foreign firm do business there? |
Funny you should ask. Seems a journalist asked this in a press conference.
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会上还有记者提问称，有媒体评论称此案显示中国司法系统缺乏透明度，这可能会使外国投资者害怕到中国投资，你对此怎么看？
�难道把他无罪释放，他们就说中国司法制度是公开、透明的？�秦刚表示，这个案件应该由中国的司法部门具体解释。在审理期间，被告人的各项合法权益都得到了保障。 |
[Translation is mine]
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Journalist: There have been comments in the media that this case shows the Chinese judicial system lacks transparency, and this could cause foreign investors to fear investing in China. What is your view on this?
Spokesman: Could it be that if [Xue Feng] were found innocent and released, they would then say the Chinese judicial system is open and transparent? |
[The spokesman then goes on to assure that the defendant's rights and privileges have been protected] |
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misher
Joined: 14 Oct 2008
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| Posted: Wed Jul 07, 2010 6:10 am Post subject: |
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The Happy Warrior wrote:
If I were Obama, I'd do something. Not sure what, but something. |
If this was the case for Canada, how about kick out all of the Chinese nationals posing as students that are acting as industrial spies. CSIS has estimated that there are over 30,000 spies working for the PRC in Canada. THe government has to keep it on the low down though out of fear of disrespecting the Chinese community which hold key votes for politicians.
My solution? If a Chinese national in Canada is convicted of clandistine activity like industrial espionage that will cost Canadian companies 100s of millions of dollars, simply kick them out. Revoke their visas and send them packing. Canada has a huge target on it for the upper elite 200 million people of CHina and it gives me the shakes. This isn't about some foreign national who is trying to cheat the system and get a refugee hearing. These are intelligent educated Chinese nationals that are costing the Canadian economy 100s of millions of dollars each year. |
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The Happy Warrior
Joined: 10 Feb 2010
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| Posted: Thu Jul 08, 2010 6:35 pm Post subject: |
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GE's CEO whines about China
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Jeffrey Immelt, General Electric�s chief executive, has launched a rare broadside against the Chinese government, which he accused of being increasingly hostile to foreign multinationals.
He warned that the world�s largest manufacturing company was exploring better prospects elsewhere in resource-rich countries, which did not want to be �colonised� by Chinese investors. �I really worry about China,� Mr Immelt told an audience of top Italian executives in Rome, accusing the Chinese government of becoming increasingly protectionist. �I am not sure that in the end they want any of us to win, or any of us to be successful.� |
He wins my 'no shit, Sherlock' prize of the month for that statement I bolded. The Economist provides a bit of balance to his comments.
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But the Chinese have always driven a hard bargain, and they have always made it clear that they will give only to get. The American Chamber of Commerce reported in 2008 that three-quarters of the foreign companies that they surveyed were finally making money in China, a big increase on the historical average. Many Western companies, notably Yum! Brands, have finally cracked the China code, and are becoming ubiquitous across the country. |
IOW, dealing with the Chinese in business requires patience and nerve. Its not for pussies. |
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