Here's what Qu Hongbin, HSBC's Chief Economist for China, had to say about the PBOC's recent decision to raise the RMB reserve requirement ratio for depository financial institutions by 0.5 percent.
It’s a challenge for North American-based companies to get up and running in China. Ruth Lycke, CEO of China Connection Global Healthcare, and Daniel Paulson, President of InVision, have extensive business connections in China and offer the following advice.
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