OCT 2016 EDITORIAL – CAN’T OPEN A BANK ACCOUNT? WELCOME TO A NEW ERA OF RED TAPE

It is not a question that the global financial system has been subjected to strengthened banking supervision and standards since the financial crisis in 2008, in addition to “strenuous” efforts made to combat money laundering and terrorist financing. At the same time, banks have also become “overly cautious” taking their duty of due diligence and […]

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CHINA BUSINESS – MANAGING THE TRANSITION: FOREIGN BUSINESS IN THE NEW CHINA

Between the founding of the People’s Republic of China in 1949 and the re-opening of the Chinese market in 1979, China was an inward and isolated country; from 1979 to 2009, it became a destination for foreign direct investment and the world’s factory for consumables. The question is: how China will continue to evolve in […]

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CHINA CONFERENCE: COLLABORATION & COMPETITION IN THE NEW CHINA

By Jennifer Khoo Ever since Deng Xiaoping opened China’s doors to the world in 1978, the nation’s economy has grown from strength to strength. Foreign businesses raced to take advantage of China’s cheap manufacturing costs in exchange for Western investment and technical expertise, cementing China’s modern reputation as “The World’s Factory” for decades to follow. […]

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