The implications of China's accession to the WTO are explored in a new Unctad report. In this extract, state-owned enterprises in sectors such as automobiles are shown to be especially vulnerable to big job losses.
Business centres, now a well established concept in China, are a costeffective solution for multinational companies that require temporary office space. Some, however, are starting to look to the longer term.
Investing in China involves confronting a wide range of ethical problems. Instead of following the herd and behaving unethically, managers should choose a strategy for each situation, writes Dr. Kai-Alexander Schlevogt.
China's distribution sector is liberalising following the country's accession to the WTO, but free trade zones will continue to offer foreign investors an attractive trading structure until the sector really opens up in 2004.
The injection of mobile businesses in eight inland provinces into China Mobile's listed subsidiary is likely to expose foreign investors to a wilder form of price competition than they are used to in the coastal provinces.
The dismantling of China Telecom last month ended five months of paralysis in the telecoms market, but it also raised fundamental questions such as how will fixed-line operators make profits in a rapidly changing and increasingly competitive sector.