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Buyers want to improve quality – and in the worst case they meet suppliers who have no interest in improving their processes. The hardest part is convincing them to take the first step. CMC's experts give advice on how buyers can take action.
By Redaktion Table
China's accession to the World Trade Organization (WTO) in 2001 was met with high hopes in the Western world. The integration of the emerging country into the multilateral organization was supposed to promote not only global prosperity, but also free entrepreneurial activity in China. These hopes were largely disappointed. Although prosperity has increased, China is still not a free market economy.
By Felix Lee
Through VIE companies, Chinese firms can trade their shares on foreign stock exchanges. The authorities now plan to crack down on this. They are concerned that domestic tech companies working with sensitive data could become too international.
By Ning Wang