the-changing-china-trade-landscape-myth-and-reality

The changing China trade landscape: Myth and reality

Every trader in the world has China on its radar screen, but there is a lot of misinformation about doing business on the Mainland.

By Citigroup

October 12, 2006

With 1.3 billion people, China is not only the most populous nation in the world, and the largest emerging market, but also the second largest economy in terms of purchasing power û an extraordinary transformation from being a closed state to becoming major creator of prosperity on the world stage. Multinationals and financial institutions seeking access to the potential this represents would do well to seek the services of a knowledgeable guide.

Examining the profit repatriation myth

In an environment characterised by change, concerns around profit repatriation are not surprising. Rumors abound that ôitÆs impossible to take profits out of Chinaö, or that ôbanks in the home country are unwilling to exchange renminbiö.

However the...

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