#corruption
Doing Business in Xi’s China
Since Xi Jinping came to power, a lot has changed in China and business is no exception. ‘Chinese characteristics’ have always influenced business practices, but lately, the meaning of this phrase has changed. The environment is becoming more dangerous for companies that reach a certain level of clout, some sectors are favored, while others get the short end of the stick. Undoubtedly, politics is back with full force in the Chinese economy.
The New Budapest-Belgrade Railway Line: A White Elephant on the New Silk Road
The rise of China as a global economic power is increasingly seen as a threat to American and European interests. According to Washington, China is disrupting global trade by demanding to be treated like…