Majority of the local stock brokerages have remained outside the US-mandated reportorial compliance among foreign financial institutions, a worldwide campaign designed to flush out hidden overseas wealth and minimize tax abuse among Americans and green card holders through offshore accounts.
China has harassed ships and told oil firms to stop drilling in the South China Sea. But the region could see an energy bonanza, if everyone could get along.
The framed photos that adorn Crystal Wang's expansive office are a who's who of China's leadership. In one President Hu Jintao is shaking her hand while Premier Wen Jiabao smiles next to her.