« ESDC response in timetable case: no stay needed, since arena's on its way, and 25-year outside date was known (but was 10-year buildout likely?) | Main | On the edge »
December 15, 2010
Pageantry and puffery: doing EB-5 business in China involves proclamations stressing job creation, quality of local partners
Part 12 of a series
Atlantic Yards Report
Doing business in China involves pageantry and ceremony, and Chinese immigration consultancies--responsible in no small part for exaggerations regarding the Brooklyn Arena and Infrastructure Project--nevertheless can proudly display proclamations from governmental agencies and law firms honoring them.
In China, there's "a love of ceremony and ostentation and obsession with brands," as Christina Larson wrote in the November/December 2010 issue of the Washington Monthly. That plays into the elaborate seminars presented to potential investors.
The proclamations (in English) in the certificates below are piffle, but the form may impress some unsophisticated potential clients.
The first two proclamations, as noted below, were likely drafted by the New York City Regional Center (NYCRC).
Posted by eric at December 15, 2010 10:04 AM