Error parsing the server “<server name” “clients.xml” file
Many of you, like myself, have started running Windows 7 as their primary desktop OS and find it to be a massive improvement over Windows Vista on so many levels.
One of the very few inconveniences I have found with it, and this is not an bug or problem with Windows 7 itself, is the inability to run the VMware vSphere Client.
When attempting to run the client the following errors are received and you are unable to proceed any further:
“Error parsing the server “<server name” “clients.xml” file.”
“The type initializer for ‘VirtualInfrastructure.Utils.HttpWebRequestProxy’ threw an exception.”
The type initializer for ‘VirtualInfrastructure.Utils.HttpWebRequestProxy’ threw an exception



Luckily there have been a few good VMware forum posts such as this one by ftubio which outlines how to successfully run the vSphere Client under Windows 7.  I thought I’d put together this brief post with a few screenshots to outline the required steps.
I am running the x64 version of Windows 7 so you will notice that any reference to the ‘Program Files’ will have an ‘(x86)’ at the end of it.  If you are running the x86 version of Windows 7 then ignore the ‘(x86)’ portion of the directory path (ie: C:\Program Files (x86) –> C:\Program Files).
Follow these 4 basic steps and you’ll be up and running in no time!

Step 1.

imageDownload this DLL called system.dll
*Note:  This DLL is usually found in the  %SystemRoot%\Microsoft.NET\Framework\v2.0.50727\  directory of a non Windows 7 PC with  .NET v3.5 SP1 installed.

Step 2.

Once downloaded install it in the “C:\Program Files (x86)\VMware\Infrastructure\Virtual Infrastructure Client\Launcher\lib” directory.  If the ‘lib’ directory doesn’t exist then create it and drop the dll file into it.
VMware vSphere Client Windows 7

Step 3.

Next edit the “VpxClient.exe.config” file which can be found in the “C:\Program Files (x86)\VMware\Infrastructure\Virtual Infrastructure Client\Launcher” directory and add the following three lines to it in the location specified in the screenshot below.  Then save the changes.
<runtime>
<developmentMode developerInstallation="true"/>
</runtime>
VMware vSphere Client Windows 7

Step 4. 

From the Windows 7 ‘System Properties’ click the ‘Advanced’ tab and then the ‘Environment Variables’ button as we want to add a new ‘System’ variable.
VMware vSphere Client Windows 7
Create a new ‘System’ variable called ‘DEVPATH’ and assign the following variable value: 
C:\Program Files (x86)\VMware\Infrastructure\Virtual Infrastructure Client\Launcher\Lib
VMware vSphere Client Windows 7
You are now ready to start using the VMware vSphere Client on your Windows 7 machine!  Some people have reported having to run the client as an ‘Administrator’ so if you are having difficulties it may pay to try this – I luckily didn’t experience this problem.
VMware vSphere Client Windows 7

Fuente: http://www.techhead.co.uk/running-vmware-vsphere-client-on-windows-7

Jorge.