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Forums > Food & Drink > China Business Lesson - Kro's Nest

Hedgepig, that's exactly what I was talking about vis-a-vis Salvador's.

While we all hope for a better world, we hire lawyers to plan for the worst one. As the Arabs say, trust in God but tie your camel.

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Forums > Food & Drink > China Business Lesson - Kro's Nest

For an illuminating look into a horror story about business gone wrong in China, check this out: chinadivide.com/2010/kros-nest-end-of-days.html
and this: www.chinalawblog.com/2010/05/steal_a_little_and_they.html

The Kro's Nest is (was?) a great pizza joint in Beijing. I knew him from the beginning, and have a very high opinion of the guy.

The gist of the story is that Kro put several years of blood, sweat and tears into building up a small restaurant empire in Beijing, and he seems to have lost it all the other day when he found out his partner had siphoned off all the money (we're talking millions) into a personal account.

Unfortunately, there was no legal framework on paper to work out ownership and all that other legal stuff, and Kro's basically screwed. I know he's gonna keep on fighting on many fronts, but it doesn't look good.

If you're thinking about doing business in China, or anywhere for that matter, follow the example set by the Salvador's crew and a few other intelligent expats out here: do your homework and fill out all that paperwork. Own it on paper in a way that's recognized by local laws. I don't care how well you get along with that nice guy who wants to be your partner. Hire you're own lawyer and be an asshole when it comes to the contracts and the registration. If you don't, you'll regret it later.

Besides, when you register a business out here, you don't have to worry about your visa anymore...

Good luck, Kro

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Forums > Study > Project 101

Moira,

Are you looking for essays for an education program?

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@joelthegsmith:

You can start by wandering around this website. There are tons of listings, stories and forum posts about things to do. The holiday will be long over then, so you don't need to worry about the closings listing above

Voltaire: Sure you're not reaching a bit there? The whole collection of the old location is being shifted to the new site, and the old facility will now house an already-existing art museum that will now expand its collection.

Political sterility may be an issue with official museums, but I don't see the shifts in locations having any central role in that.

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Right next to my office, so I eat here pretty often. The place has a nice garden design with lots of outdoor seating for nice days.

A nice menu of Western food with solid brunch choices, fresh fruit juice mixes, and good salads. The burger is also very good.

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Excellent Thai food served in a beautiful art deco setting. The bar is also top notch, with great cocktails, whiskys and cigars.

When the weather is good, try to get a table on the rooftop garden, which offers views of the Bird and Flower market.

May be a little pricier than some of the other Thai restaurants in town.

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An exciting new gallery space built from an old factory warehouse in the Paoluda Creative Industry Park. Looking forward to seeing what they'll do with it.

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A great little place in the middle of a beautiful valley chock full of great climbing spots.

The beds and rooms are very comfortable, though the bathrooms are shared, and of the "eco" variety (a plus as far as I'm concerned).

The owners are very helpful about everything from info on climbing spots to trip planning and getting around the area.

Also, the place is dirt cheap. I wholeheartedly recommend it.