SCRAMBLE TO CASH IN ON THE VAST ECONOMY IN CHINA HAS BLINDED SOME COMPANIES TO THE BUSINESS RISKS

BY MARK GODFREY, in Beijing LISTENING to the war stories being swapped at the Thursday night corporate networking parties that regularly fill Beijing's five star hotel bars leaves the impression that doing business in China is comparable to sticking your head into a bucket of piranhas. But is it? Mark Godfrey reports from Beijing. TALES of scams and of being stung by fraudsters have become increasingly commonplace in a mainland China market that has become more open and competitive since the country joined the World Trade Organisation (WTO) in 2001. Indeed, ...


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