Perhaps the most well known element of Chinese culture in the Western world is guanxi, loosely - and incompletely - translated as “personal connections.” Literature in recent decades has emphasized guanxi’s strategic importance when doing business in China but some analysts are beginning to suggest that this importance will wane as China continues to undergo liberalizing economic reforms.
Governments have entered into several bilateral and multilateral agreements on investment protection. These treaties provide, on the one hand, a set of standards that governments agree to abide by with respect to investors from the country with which they signed the agreement, and, on the other hand, mechanisms through which investors can seek damages for the breach of these terms.
The Latin American and Caribbean region produces a vast variety of global high-value crops, from traditional staples such as cacao, coffee and sugar, to organic fruit, quinoa, amaranth and acai. However, the lack of information and support mechanisms hinder producers from accessing the high-value agro-food chains.
This is an area that has grown enormously in the outsourcing services industry. Given its skilled work force, competitive costs and solid infrastructure, Latin America and the Caribbean presents itself as the ideal region for providing these offshore process solutions.
The science of manipulating atoms and molecules at nanoscale is gaining increasing presence in the products we eat. Reducing smells and changing the appearance or improving the texture of dairy products are some of the uses that we find in the industry.
Participating in international trade shows can be an effective channel to access foreign markets. Trade shows offer a single, short-term venue to network, market, and keep tabs on competitors and innovation.
The cash flow statement is a financial report that records a company’s cash inflows and outflows at a given time. It is one of the most essential elements in the financial management of a company since it is an important indicator of the firm’s liquidity.
The Harmonized System is an international product catalog that classifies goods varying on their features. Businessmen should become acquainted with this system to obtain better results upon internationalizing their businesses.
Learn about the benefits of the eight best “secondary cities” for setting up outsourcing operations in Latin America, according to the industry publication Nearshore Americas.
The global pet food market presents an attractive opportunity for Latin American and Caribbean producers. Experts estimate that the sector will continue to grow rapidly, especially in emerging markets.
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