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Companies That Want To Do Business With China Are Facing This Frustrating Hurdle

Business Insider
Friday, 21 September 2012

Companies That Want To Do Business With China Are Facing This Frustrating HurdleState-owned Chinese oil company CNOOC is trying to merge with Calgary-based Nexen, and it's facing political hurdles in both Canada and the United States.  

Nearly seven out of ten Canadians opposed the deal in a recent poll, adding pressure for the government to reject it.

Opponents in the United States argue that Chinese...
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Source: IBTimes.com - on September 19, 2012

News video: Citibank First Foreign Bank to Launch Sole-Branded Credit Card in China

Citibank First Foreign Bank to Launch Sole-Branded Credit Card in China

As the largest credit card issuer in the world, Citibank has become the first foreign bank to launch a sole-branded credit card in China. Anyone with a monthly salary above 3,500 yuan can apply for such cards. The new set of Citi credit cards offers a total of five cards in two categories and are now...

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