(This drawing shows that “being put on the blacklist, a dishonest person who refuse to pay salaries to workers, is denied for applying for”government’s fund, government purchasing, biding for government project, production license, qualification examination, bank loans, market license, tax priority, honors”, copyrighted at http://www.gov.cn/xinwen/2018-08/24/content_5318132.htm)
In China, interagency coordination at the level of the central government is a great challenge. A modern government faces complicated social issues and must divide the responsibility and create agencies for specific things. The government ordinarily creates related agencies to deal with the same or similar issues, while the task for each agency is part of a larger whole.
This way, however, produces redundancy, inefficiency, gaps, and profound coordination challenges.… Read the rest
In the e-commerce market, quite a few platform operators in China – such as JD, Gome, and PDD (PinDuoDuo) – require suppliers to accept a Wide Retail Most-Favored-Nation Clause (“RMFN Clause”).This Clause requires suppliers to promise the platform that it will grant it equally favorable terms as granted to any other platform. VIP.COM,the largest e-commerce platform in South China, also uses that Clause. This article shows the anti-competitive effects of RMFN clause gravely overwhelms the pro-competitive effects. In recent years, RMFNs have been scrutinized by the US Justice Department, the European Commission, as well as the national competition authorities of various EU member states.
China is the biggest E-commerce market in the world. However, … Read the rest