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China: Companies
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In China, all commercial enterprises require a license from the government. Disposition of an enterprise is tightly regulated. China’s amended Company Law, effective January 1, 2006, did not greatly affect foreign investment rules; rather, it focused on problems prevalent in domestic companies.
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| Google, Yahoo, Microsoft and Cisco Systems are under fire from Congress for helping China censor and prosecute political dissidents. But a proposed law to guide technology companies doing business abroad raises troubling questions for Internet users everywhere.
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Human resource constraints top American Chamber of Commerce companies’ list of operating challenges in China. Skilled managers and technical personnel are in high demand with employers often citing difficulty in locating appropriate skilled talent. Experienced managers at foreign firms typically command salaries far greater than their counterparts in Chinese enterprises. While talented and motivated university graduates are abundant, many firms find they must invest heavily in additional training. At the same time, many Chinese workers with high-demand qualifications move rapidly from job to job within the growing foreign-invested and private sectors.
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Headquartered in Santa Clara, California with its operations located in China, Mtone Wireless Corporation offers SMS subscription-based services to China's mobile market. SMS subscribers are able to use a variety of Mtone services that are in demand in a growing mobile market in China, such as "Bubble Boy" -- a virtual pal service, and "Legend of the Three Realms" -- an exciting SMS RPG game that creates an entirely new mobile social network. The company provided the first commercial wireless stock trading and information service in China in 1998. Currently with over 5M paying users, the company is a pioneer and leading provider of mobile phone entertainment services in China.
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In his new position, Yves will have full responsibility for the operating and financial performance of The Home Depot's retail operations in China. He will be responsible for integrating the newly acquired Home Way stores into The Home Depot and leading the continued growth of the Company's retail business in China.
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Serious concerns remain about China's proliferation of ballistic missile technology. Chinese companies have been sanctioned by the United States for missile-related exports to Iran as recently at 2007. Concerns ... remain about China’s ability to control chemical items that could be used in the production of chemical weapons. Improved export control laws and enforcement have addressed many (but not all) concerns about nuclear and chemical weapons-related proliferation.
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