Kaiser Kuo turns to Chris Reitermann, president of OgilvyOne China, to get a better idea of what people can expect for advertiser spending in China for 2009. Though, as expected, he explains overall budgets are being cut - digital spending is increasing. He also states that 2008's Olympic-infused year and 2009, with a recession looming, aren't really fair comparisons.

The China Daily quoted an industry expert as saying that as many as half of all toy manufacturers in the Pearl River Delta (southern China) could go out of business within the next two years.

Uncle China relates how bribing the police works for foreign businesspeople and Chinese alike.

A look at some of the reasons the average China-side supplier honestly has no idea of what occurring in the global markets.

Beijing, Shanghai and Tianjin recently unveiled their own versions of trading exchanges that will facilitate trades in pollution credits, with a fair share of overlapping activities. None of the exchanges have commenced operations yet. How will these exchanges coexist, cooperate or compete? This blog post takes a closer look at the proposed Beijing and Tianjin exchanges.

"The eruption of the U.S. sub-prime crisis has exposed massive loopholes in the United States' financial oversight and supervision," writes the commentator, Shi Jianxun, "The world urgently needs to create a diversified currency and financial system and fair and just financial order that is not dependent on the United States."

With skyrocketing oil prices, escalating labor costs in China, and an appreciating currency there, companies targeting the US market are doing the math and giving Mexico another look.

A tour of Mengniu Dairy's Hohhot model farm. Get a behind the scenes look at one of China's most innovative companies.

China is one of the fastest growing destinations for tourists and businessmen, but many visitors are intimidated by the language barrier. Now there's a possible solution from China One Call (0845 500 2122; www.chinaonecall.com) a translation service at the end of the phone which launches on 16 October. You dial up a call centre and explain what you are trying to say, then hand your mobile to the taxi driver/waiter/receptionist who is given the message in Mandarin. You pre-pay blocks of call time - 60 minutes costs £39.

As we watch these global arguments around whether heads of state should come to China for the Olympic opening ceremonies, another question rears its head in the shadows: where are all of the CEOs? And not just around the Olympics, but generally? That by itself is shortsighted. But I submit that much more is needed. Put your butt where your business is...or will be!