I think the 2015 number is built on a number that heavily favors anyone who wants to make grand declarations about China catching up quickly. In fact, last I remember, when Rich Brubaker at All Roads posted that China would catch up by 2028, we all took that number with quite a bit of skepticism.

It is true that many attorneys (though certainly not all) will advise that a wholly foreign owned entity (WFOE) are more advantageous than JV’s. It was nice to see someone playing devil’s advocate supporting the JV though I am not completely convinced. Here's why.

This case would serve to warn officials that they could not escape from legal repercussions overseas.

I’ve heard people say that this will be the year that the Chinese stock market bubble will burst. I’ve had my money on 2009 or 2010 before anything like that happens in the Chinese stock market. Why? I don’t see any evidence that makes me think this will be the year.

A dissection of David Brooks' recent critique of the Chinese 'corpocracy'. Brooks says the best path to wealth is joining the Communist Party. Josh says that's so 1997.

Ningbo Yibao, a State Controlled metal trading company's principal trader James Xu kidnaps a foreign scrap-metal trader and demands a $350,000 ransom for his release. Passport demanded by James Xu, the scrap metal trader attempted to flee to Shanghai airport (not specified which on in the rough area) and was kidnapped at the airport.

An interesting article which I may not completely agree with. It says that, "The center of the world's economy has shifted to Asia.

Have you seen those ExxonMobil anti-malaria ads during the Olympics coverage? Well, what about the company's other CSR initiatives in China?

It can take a lifetime to break into Hollywood. In Beijing, all it takes is riding the subway, crossing the street, or being at the right place at the right time – and there are a lot of such places.

John Butcher learns how to toast government officials, and is nearly [wink] rewarded. From a podcast.