Thornhill Capital LLC - consulting, financial, accounting, compliance, due diligence, risk management, translation and other services, B2B, USA, China.

Recent Articles Published In Newsletter :

AUDIT EVOLUTION IN CHINA

AUDIT EVOLUTION IN CHINA

Over the past several years working in China, we have witnessed a marked evolution in the practices employed by auditors in auditing Chinese companies.  Many of these changes were brought about in direct response to repeated accounting frauds...
Body Language and Gestures Differ Between China and the West

Body Language and Gestures Differ Betwee...

Chinese and Westerners are sometimes on two different wavelengths with regards to body language and gestures. What means one thing to a Westerner may likely mean something totally different in China. In addition, both cultures have gestures and use...
The Lack of Unequivocal Answers in China – Soft No’s and Soft Yes’s

The Lack of Unequivocal Answers in China...

Communication between Chinese and Westerners can often result in misunderstandings. There’s been more than one businessperson who’s thought they’d heard one thing from their Chinese counterpart, when in actuality they’d been told another....
The Evolution of Chinese Language and Characters

The Evolution of Chinese Language and Ch...

The Chinese character is the oldest continually used system of writing in the world, its early use dating back almost 5,000 years. Since that time it’s gone through a long period of transformation before it evolved into its present day form. For...
Humility in China

Humility in China

Humility is looked at differently in China than in many other parts of the world. In China it’s been a part of the culture for thousands of years. China is a collectivist society which stresses the inter-dependence of individuals within that...
What is the Chinese Spring Festival?

What is the Chinese Spring Festival?

The Chinese Spring Festival is the most important Chinese holiday. This celebratory event is equivalent to both Christmas and New Year’s wrapped together and is recognized by a quarter of the world’s population. The Spring Festival originally...
Queuing in China

Queuing in China

Cultural differences between Westerners and Chinese often cause a great deal of misunderstanding, both in business and in social situations. Take, for example, queuing, or standing in line. Westerners are used to orderly lines. That’s just the way...
China’s Banking System

China’s Banking System

China’s banks play a significant role in both the Chinese economy and in their economic policy. In fact, commercial banks are the dominant force in China’s financial system, even to the extent of determining pricing. The key characteristic of...