VoicesFromAbroad

Source:Agencies Published: 2013-1-3 22:19:09

FORBES

There are concerns these days that multinationals, which have invested billions into China over decades, employ many thousands of workers in many Chinese cities and pay lot of local taxes, are getting worked over by Chinese regulators and partners.

If operating as a foreign firm in China is getting harder, why are they still there? Simply put, China's importance to American business is growing. It's a top line revenue source and an integral piece of global supply chains. The 2012 US-China Business Council Member Survey says the China operations of 89 percent of its member companies are profitable. Moreover, China has replaced the US as the world's top trading partner, meaning it is an important supplier and customer everywhere in the world.

TIME

To see a design come to fruition is surely an architect's greatest thrill - but to see it reproduced twice must be mind-boggling, especially if one of the constructions is entirely unsanctioned. This is the plight currently faced by world-renowned architect Zaha Hadid.

One of her designs is being realized twice in China: as planned at a construction site in the Chinese capital of Beijing, and - completely off Hadid's accounts - at another location in Chongqing, where copycat architects are trying to complete the very same building in a "massive, open counterfeiting operation," and in less time than the official one.



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