http://www.isnare.com/?s=author&a=David+Carnes Business David Carnes Fri, 01 Dec 2006 00:00:00 -0800 http://www.isnare.com/?aid=104627&ca=Business Insolvency China’s insolvency regime is still developing. Insolvency remains a particularly sensitive issue in China because there many technically insolvent state-owned enterprises and financial institutions, forcing China to choose between economic inefficiency and mass lay-offs that could disrupt... Business David Carnes Wed, 29 Nov 2006 00:00:00 -0800 http://www.isnare.com/?aid=104631&ca=Business Labor Unions If the employees request the establishment of a labor union, the employer must assent and offer assistance. Moreover, certain thresholds apply which require employers to hire a full-time employee labor representative (companies with at least 200 employees must hire one employee labor re... Business Management David Carnes Wed, 29 Nov 2006 00:00:00 -0800 http://www.isnare.com/?aid=105051&ca=Business+Management Arbitration is the most popular commercial dispute resolution method in China. An arbitration agreement, whether before or after a dispute arises, is a necessary prerequisite to any form of arbitration. If this option is chosen it is best to include a carefully drafted arbitration clause in the cont... Advice David Carnes Mon, 23 Oct 2006 00:00:00 -0700 http://www.isnare.com/?aid=95375&ca=Advice A lot of people's definition of "insane" seems to be "not being what I want you to be and refusing to think what I tell you to think". When you are a small child your parents are your gods, and they know it. It is a struggle for every parent to give up this godlike status as the child grows up, and... Dating David Carnes Sun, 22 Oct 2006 00:00:00 -0700 http://www.isnare.com/?aid=94865&ca=Dating It’s one of the world’s better-kept secrets. I can personally confirm that the phenomenon I am about to describe is almost unknown among North Americans. So if you are reading this in Asia, don’t tell anybody back home. Western guys, if you go anywhere in Asia except for Hong Kong, you might as well... Internet David Carnes Sat, 21 Oct 2006 00:00:00 -0700 http://www.isnare.com/?aid=94676&ca=Internet It is certainly true that the Internet is dominated by the Englsih language – it has been estimated that 75% of all Internet pages worldwide are written in English. But surprise, surprise, the world’s No. 1 language in terms of number of native speakers is also the most difficult to read – Chinese,... Business David Carnes Wed, 18 Oct 2006 00:00:00 -0700 http://www.isnare.com/?aid=94053&ca=Business China’s economy may be growing at the rate of almost 10% a year but its domestic capital markets are in a dismal state, forcing the private sector to disproportionate reliance on foreign investment for capital (particularly hard currency). Its domestic bond market is underdeveloped, its banks are sa... Business David Carnes Tue, 17 Oct 2006 00:00:00 -0700 http://www.isnare.com/?aid=93687&ca=Business China’s banking sector has traditionally served as a party-controlled feeding trough for its inefficient, unprofitable state-owned enterprises (SOEs), most of which were technically insolvent. The process was simple – extend a loan to an unqualified SOE applicant, then write off the loan as a bad de... Business Management David Carnes Mon, 16 Oct 2006 00:00:00 -0700 http://www.isnare.com/?aid=93384&ca=Business+Management Many small and medium sized enterprises in western countries are caught between the proverbial “rock and a hard place”. Economic pressures at home are forcing them to consider setting up in or at least sourcing from China, yet the Chinese market gets tougher and tougher to crack every year, in part... World Affairs David Carnes Mon, 16 Oct 2006 00:00:00 -0700 http://www.isnare.com/?aid=93426&ca=World+Affairs Expatriates on Business Trips to China If you are sent to China by your company, your salary is paid outside of China, and you spend less than 183 days in China in a calendar year, than you must pay Chinese Individual Income Tax based on the days of the year you spend in China (note that “China” for...