China Esquire

Read this interesting article in the Asia Times ( h/t CDT) that documents the amount of public donations from the Sichuan earthquake which were funneled to the government and not toward the NGOs that are actually on the ground doing the work.  What is outrageous is that its a majority of those funds that found their way to the government.  Which is again, an indictment of government control over NGOs.  (not to mention GONGOs, which I still find to be an oxymoron if I ever heard one)

The article and actual figures after the jump.

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National Law Journal today had an article entitled, “Shanghai Surprise: BigLaw, Feeling Bullish, Opens China Shop to Work Private Equity Deals”, which of course, caught my eye.  Seems like Kirkland & Ellis wants to have a Shanghai base in addition to its Hong Kong office, and is expanding after receiving permission to do so on July 30.  The firm says that:

Kirkland’s Hong Kong and Shanghai offices will be highly integrated. The Shanghai office will be led by corporate private equity and M&A partners Xiaoyang “XY” Li and Chuan Li, who will relocate from Kirkland’s Hong Kong office. They will be supported initially by several associates with Chinese and U.S. legal training and experience in private equity deals.

The article and more after the jump.
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