China is embarking on its own path to globalization and increasing its presence in international markets as it continues to evolve its companies and society.
China is more efficient and open than it has ever been, but the government still has a heavy hand in the market. No analysis of China’s financial markets is realistic unless it accounts for distortion in favor of government policies and goals. Distorting effects of Chinese business culture and intense government involvement in the market are facts of business life in China. Mr.
Professor Jia Xijin discusses the environment for NGOs in China. Unlike many developed nations, NGOs in China lack a clear legal status. This means that there are a variety of bureaucratic obstacles to their operation, with “service providers” generally having it easier than “advocacy organizations”. Professor Jia discusses some of those obstacles, as well as the creative ways NGOs in China have been able to circumvent them.