Nik Gowing of BBC World is moderating the morning session on the China-India challenge. It’s tempting to say “Chindia”, as newspapers like to do, but China and India have extremely different models of development. There is a new assertiveness of their businesses, but there are different scenarios about the way they are going to develop.
Read […]
The explosion of homegrown brands in the Chinese auto industry in the five years since the country entered the World Trade Organization has made a mockery of worries expressed in 2001 that international competition would harm the fledgling local auto industry.
According to the organizers of the Beijing auto show, homegrown brands accounted for one-third of […]
An FTA between signatory countries seeks to achieve a number of economic and geopolitical objectives. Economic objectives include increasing the trade volume, lowering the cost of imports, infusing competition, boosting exports, increasing inward and outward flow of investments and, if possible, forming a trading bloc. Geo-political reasons have a larger range and are more difficult […]
BEIJING, China (AP) — Citigroup has won a yearlong bidding war by foreign suitors for a stake in Guangdong Development Bank, a Citigroup official said Thursday.
Guangdong Development Bank named Citigroup the preferred bidder to buy the stake and operate the mid-sized lender, said Robert Morse, chief executive of Citigroup Corporate Investment banking for Asia.
So, there […]
Foreign direct investment (FDI) in China fell 1.52 percent year-on-year in the first nine months of 2006. Total investments slipped to US$42.59 billion, Ministry of Commerce spokesman Chong Quan told a press briefing yesterday.
Read more on this here
Some time in future, China’s imports & exports will maintain a big potential. Firstly, national economy will keep on developing rapidly in the upcoming 15 years. It is predicted that the gross GDP of China will exceed 26 trillion Yuan and GDP per capita will surpass $2,000 in 2010. “The 11th Five-year Scheme” will provide […]
Industrial and Commercial Bank of China reportedly plans to raise as much as $US19 billion ($25.53 billion) in what would be the world’s largest share sale, valuing the country’s top lender at a discount to its largest rivals.
As reported by NEWS.com.au - read the whole article here.
When many Americans worry about globalization, whether it’s the impact on job security or flat wages, they’re really worrying about China. The world’s most populous nation is also the fastest-developing one and the main source of pressure on U.S. wages and tension over trade.
The U.S. Commerce Department reported in mid-September that China had a record […]
According to “The Outsourcing Institute“, the top 5 rules of doing business in China are the following:
Be Flexible and Maintain Diversity of Sourcing
Partner with Privatized Domestic Enterprises
Look Beyond Lowest Costs
Use Sourcing as a Tool for Market Entry and Access
Understand Cultural Differences
Read more on these 5 rules in their PDF article.
In November last year, Forbes published it’s new “China Rich List”. Note that almost half of the listed people are younger than 45. The markets “internet services” and “real estate development” seem to be booming most.
“A large number of enterprises on the list know how to cooperate with overseas partners and how to participate in […]