Author Archives: Stan

Paying With Your Face

September 1, 2014

Prediction: within a year after this “much-needed” innovation, some company out there will start allowing folks to make payments with their wiggly bits. You heard it here first. Making payments with your face alone may be possible in China by 2015, Chongqing Morning News reported. Chongqing Institute of Green and Intelligent Technology revealed on Wednesday […]

China Film Distribution Reality Check

August 29, 2014

Nice point being made here in the Wall Street Journal. There is a huge gap in revenue sharing between what U.S. studios get from distributors at home compared to China. So $1 in U.S. box office receipts means a lot more for studios than $1 in China receipts. Remember this the next time you read […]

The Latest AmCham China Biz Survey: Perception and Reality

March 20, 2014

It’s always difficult for me to find something interesting to say about the American Chamber of Commerce’s annual China business survey. The content itself is often of marginal value, with only a couple significant trends hiding away down in the data to be ignored by the mainstream press. Speaking of which, the domestic newsies like […]

China Dragged Away from XP Kicking and Screaming

March 10, 2014

The Chinese are none too pleased that Microsoft will be retiring XP next month, and the bitching and moaning has been fairly loud. But while it is true that in a sense, Microsoft will be leaving a large percentage of its PRC user base in the lurch, I would argue that the complaints have been […]

Kunming and the Terrorism Scare Quotes Debate

March 4, 2014

Chinese internet users on Monday accused the United States of double standards after Washington condemned a deadly knife attack in southwest China but refrained from calling it a terrorist incident. (SCMP) The China Hearsay verdict is . . . guilty! Lots of double-standarding going on with this one, but it says a lot more about […]

Talk of a China Tobin Tax Is Good News, Isn’t It?

January 6, 2014

Lots of chatter on the Interwebs about the possibility of a cross-border capital transaction tax in China (aka Tobin Tax – you remember this from first-year Macroecon) after some verbal musings on the topic from Yi Gang, head of the State Administration of Foreign Exchange and vice-gov of the PBOC. The Telegraph, bemoaning the effect […]

Why Huawei Should Hire Edward Snowden

January 2, 2014

Happy New Year, everyone. Moving into 2014, I think we have a much better idea about what is going on in the world of IT security and government skullduggery than we did this time last year, thanks to ex-contractor Edward Snowden, grudging investigative reporting and even more reluctant U.S. government oversight. These disclosures about what […]

TCM Advice for the Cold and Flu Season. Or Maybe a Judgmental Rant.

December 2, 2013

Now that we’re sliding into the cold and flu season, a quick post on medicine seems entirely warranted. I’ll start off with a personal anecdote. The other morning, I woke up with a headache. The heat has been on for only a few weeks, so my rapidly-aging body is still adjusting to the suddenly desiccated […]

Burberry – China’s Latest Trademark Victim?

November 29, 2013

You might have read headlines saying that Burberry had lost its trademark rights in China. Not quite. Yes, it is embroiled in a complicated, but familiar, trademark dispute with a competitor, but it’s a bit early to close the book on this one. The backstory here is that Burberry has been fighting with a Taiwanese […]

The Mississippification of China. Not on My Watch.

November 27, 2013

Longtime followers of China Hearsay will not be surprised to see that the topic forcing me off the proverbial blogging sidelines is religion, the question being whether China should use the “beneficial” aspects of organized religion to promote social harmony. This of course made my head explode and drove me to the keyboard. To be […]

Wherefore Bribery and Corruption: Another GSK Post

August 28, 2013

A lot of folks are talking about the spectacle of expat investigators Peter Humphrey and Yu Yinzeng, who have been caught up in the GSK bribery scandal: On Tuesday, the couple appeared on China’s central broadcaster CNTV handcuffed and wearing orange prison vests, their faces blurred, admitting to “buying and selling” information in the course of various […]

JPMorgan Chase Accused of Influence Peddling in China {eye roll}

August 20, 2013

I’m sorry, but this is the big China scandal of the week, an accusation that a big investment bank hired family members of the rich and powerful? Seriously, is this some sort of journalistic practical joke from The Onion? I report, you decide (if this is silly): [T]he Securities and Exchange Commission (SEC) is looking […]

GSK: Should Have Seen It Coming?

August 6, 2013

Until now I haven’t written anything on the corruption scandal rocking pharma giant GlaxoSmithKline, partially due to other commitments but also because I didn’t really see an interesting angle. Let’s face it, this is not the first corruption story to hit the China foreign investment community, and it will not be the last. Neither is […]

China Blog Funk-O-Rama

August 1, 2013

A strange funk seems to have descended on the English-language China Blogosphere, or at least those blogs that I usually follow (i.e., the ones focusing more on news, business, politics, economics and law). Maybe it’s something to do with the air quality here in Beijing, which is no doubt simultaneously making us lethargic, asthmatic, and […]

Whacking the Windmill: Sinovel Indicted, Next Stop U.S. Federal Court

July 1, 2013

If you’re an environmentalist and into renewable energy, you might want to sit out this discussion about IP theft allegedly perpetrated by China’s wind turbine behemoth Sinovel. This story hits on some familiar themes, including misappropriation of U.S. IP by a Chinese company, tough competition in the clean energy sector, and even our old friend […]

Why Are Lawyers in Asia So Cheap?

June 25, 2013

To be clear, it’s not so much the lawyers who are cheap, just legal fees, at least compared to the U.S. and EU. This is the topic of “Asia’s Low Legal Stakes,” a recent article in The Asian Lawyer. Now wait, I know what you’re thinking. During this busy time of the year (for me), […]

It’s 2013, and We’re Talking About Someone Defecting to the Reds

June 14, 2013

The most recent blah blah blah about NSA whistleblower Eddie Snowden, now running about somewhere in Hong Kong (I’m guessing Lamma Island, with all the other hippies), is that he may defect to the PRC with all his ill-gotten intelligence booty. To which I question: with the Cold War decades behind us, what does it […]