The talk about reform in beijing of course like everything coming out of china should be taken with a great grain of salt everyone knows that the president of china talks about a more open economy the reality in business looks quite different thats the same with the Growth Numbers coming out of china china has a long story and history of doctoring its Economic Data but the mere fact that for example this data more or less comes in line with what had been predicted by the government in beijing is reassuring for markets and we have to live with that i guess who come on lets have a listen in to one investor hes based in beijing and had some very interesting things to say about as far as access goes for foreign firms in china. Well weve
heard these these talks and i think all those who are holding the speeches especially the governor of the central bank are probably convinced that thats the way to go but what we see on the ground is that Reform State Owned Enterprise reform is not happenin
example has lost several court cases against staff now he s much more careful. oh my goodness you don t think it s as if you re married to them. and it s hard to break up one of them. every time you have to pay significant compensation and ensure that they get vocational training that they don t play you that s a major burden for a small business i think if you put the point that you don t focus well. but the unions insist on the stipulations if labor law work to be softened they say big companies would exploit the situation to hire younger staff and. the unions are concerned that my call is a big to business friendly. and all will be long wants to exempt big companies from having to report profits are under broad that means they can
the situation to hire younger staff and. the unions are concerned that my call is a big to business friendly. and all will be long wants to exempt big companies from having to report profits are under broad that means they can declare french profits by a branches abroad it isn t difficult then they say they ve made losses in france so they can fire people and then employee is will be unable to go to court to demand compensation that i put the when he plays guitar mazola has never wanted to work for another company he s part of the young creative and hard working friends that president mccall envisions and that more and more french people are identifying with. i don t know how free by for now.