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Jing Betty Feng

What’s Up with U.S. Big-Box Retailers in China? The Cases of The Home Depot and Best Buy

Jing Betty FengChina, with a rapidly increasing middle class, has drawn tremendous attention from foreign retailers and become one of the hottest markets in today’s global economy. By some measures foreign retailers have done well, even though Chinese retailers dominate the market. The number of foreign retail stores in the Top 100 increased faster than their Chinese counterparts in 2010, even though foreign retailers had slower sales growth compared with Chinese retailers (18 percent for foreign firms compared with 25 percent for Chinese retailers, according to a Deloitte report). Six major foreign supermarkets opened 135 new stores in 2010, up 22 percent over the previous year, and seven foreign retailers increased the number of their stores by more than 20 percent in 2010.

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Language Services Go Global: An Interview with Bernie Colacicco at KeyLingo

KeylingoEditor’s Note: Keylingo, founded in 2004, is a global translations services company with many locations throughout the U.S. and Canada and is one of the China Research Center’s corporate sponsors. Center Director Penelope Prime asked Bernie Colacicco, Keylingo Georgia Managing Director, to share some insights into the changing translation services market with a particular focus on Chinese language translation challenges and opportunities.

Q:Many trends in the economy point to growing internationalization of business, such as growing exports, more foreign investment, growing tourism, etc. Does the growth in your industry track these trends closely?

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The Evolution of Labor Contract Law and Comments on Two Papers

The Evolution of Labor Contract Law and Comments on Two PapersLabor Contract Law of People’s Republic of China

In 2003, research on drafting a Labor Contract Law began. In February 2005, it was announced that the Peoples Republic of China’s Labor Contract Law would be included in future legislation plans. In October 2005, the State Council, in principle, passed a draft Labor Contract Law. In December 2005, the draft was submitted to the Standing Law Committee of the National People’s Congress for review.

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