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Entries from October 2008

Shanghai Scrap breaks story on Kidnapped British Executive

October 26th, 2008 · 2 Comments

Adam Minter has a compelling story on his blog at Shanghai Scrap about a British businessman that was recently allegedly kidnapped by a subsidiary of a state-owned enterprise in Ningbo.  The story follows the general MO that I have earlier discussed in Uncle China.  In this case the Chinese company tried to take the foreigners […]

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China’s $260 billion Default

October 26th, 2008 · 3 Comments

In the midst of the current world financial crisis it is interesting that many are looking to China to save the world from slipping into a global recession.  Interesting also are the many pointed criticisms coming from China about the West’s financial irresponsibility.  One top Chinese state media official wrote that the crisis on Wall […]

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More Foreign Businesspeople Stuck in China

October 7th, 2008 · 1 Comment

Word continues to arrive in my mailbox about increasing numbers of  foreigners being denied exit from China because Chinese companies have named them in lawsuits and placed their names on immigration checklists.  There seems to be a trend for Chinese companies to name individuals that work for foreign companies in lawsuits as a means to […]

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How to Get the PSB to Protect You

October 7th, 2008 · No Comments

I was recently talking with a Chinese friend with years of experience in doing business in Shanghai.  My friend is very familiar with the Shanghai Police and other Public Security Bureaus (PSBs) in China.  He was explaining to me how another friend of mine could overcome a problem he was having with a local Shanghai […]

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