Posts tagged "ASEAN"

GLOBAL SMARTPHONE GROWTH

18

Dec 2015


Global Sourcing, Logistics
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GLOBAL SMARTPHONE GROWTH

Talking about the global smartphone growth, maybe you'll guess China is the leader... Well, it's kinda make sense as China contributes as one of the biggest smartphone maker in the world. But, let's check this out first then we can make the conclusion :)     Rule of "Thumb" I quoted the Thumb! Don't you realize? Lol! Thumbs contribute a lot for us to use smartphone... I like to do massage and one day, when the woman who gave me the massage rub the joints beneath my thumbs and she s...

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CHINA – LAOS RAILWAY CONNECTION

10

Dec 2015


Global Sourcing
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CHINA – LAOS RAILWAY CONNECTION

China actualized one of its investment in ASEAN into reality. The construction of railway between China and Laos has been started since last Wednesday. And for your information, this is not the only trans country railway route that China has. China also plans to build the railway route from Beijing to Russia and from Yiwu to West European country...     Sino - Laos This railway will be connecting Vientiane, the capital of Laos, and China's Kunming in Yunnan province. It is s...

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CHINA $1T OVERSEAS INVESTMENT

25

Nov 2015


Global Sourcing, International trade
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CHINA $1T OVERSEAS INVESTMENT

I was like WOW! $1T is not a small amount, guys, I was like come on... Just like the title, Li Ke Qiang, Premier of China stated that China would invest more than $1 trillion overseas in the next 5 years.   The Basis Not only the $1 trillion overseas investment, Premier Li also added that the country will most likely import commodities those worth more than $10 trillion during the period. Even though China's economic growth has slowed, growth volume is increasing annually. For as lon...

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MADE IN SINGAPORE SATELLITES

27

Oct 2015


Global Sourcing
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MADE IN SINGAPORE SATELLITES

When talking about outer space, what comes to mind? NASA, USA, Russia, China? What if  Singapore? A very tiny country in South East Asia, but don't you underestimate! It's very powerful and innovative! I just came back from my trip to Singapore, and it's AH-MA-ZING! I can tell you, Singapore never fails to surprise you! The super convenient Changi Airport, super beautiful Marina Bay Sands and Garden by the Bay, magnificent buildings around Raffles Place, etc. Garden by the Bay at Night Th...

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China 2015 – The New Top Global Economy

29

Dec 2014


Global Sourcing, International trade, Opportunities
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China 2015 – The New Top Global Economy

When the history of 2014 is written, it will take note of a large fact that has received little attention: 2014 was the last year in which the United States could claim to be the world’s largest economic power. China enters 2015 in the top position, where it will likely remain for a very long time. What is the forecast for China and ASEAN in 2015? What do you get when you add slower economic growth, greater volatility, rising competition and genuine Chinese innovation?   Read these good...

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Trade between China and ASEAN grow

11

Aug 2014


International trade, Opportunities
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Trade between China and ASEAN grow

Trade between China and the ASEAN has been growing despite recent disputes in the South China Sea, economists say. According to Chinese customs data published on Friday, trade between China and the Association of Southeast Asian Nations (ASEAN) rose 5.4 percent (in U.S. dollar terms) year-on-year to reach 261.3 billion U.S. dollars in the first seven months. China's exports to the ASEAN bloc grew 8.1 percent to 146.2 billion U.S. dollars in the first seven months, while imports amounted to 115...

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China’s Exports Rise 7.2% in August

09

Sep 2013


Global Sourcing, Logistics
1 comment

China’s Exports Rise 7.2% in August

BEIJING, Sept. 8 (Xinhua) -- China's exports rose 7.2 percent year on year to 190.61 billion U.S. dollars in August, according to customs figures released on Sunday. The growth rate was 2.1 percentage points higher than July. Imports also rose last month, gaining 7 percent to 162.09 billion U.S. dollars, the General Administration of Customs said in a statement. Total foreign trade grew 7.1 percent in August over the same month in 2012 to 352.7 billion U.S. dollars, said the statement. ...

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Diamond decade for China & ASEAN

04

Sep 2013


Global Sourcing, Opportunities
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Diamond decade for China & ASEAN

Trade and investment between China and the Association of Southeast Asian Nations are expected to more than double by 2020, Premier Li Keqiang said on Tuesday.   These goals are part of what the premier calls a "diamond decade" of relations the two must strive to achieve.   Trade is expected to reach $1 trillion in 2020, compared with $400 billion last year, Li said at the 10th China-ASEAN Expo, which opened on Tuesday in Nanning, capital of the Guangxi Zhuang autonomous re...

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China’s Rising Costs

31

Jul 2013


Global Sourcing, Logistics, Opportunities
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China’s Rising Costs

Companies that reevaluate their China-based manufacturing operations can remain competitive despite inflation.                                     Executives across China have been quick to mention rapidly increasing labor costs in recent years as one of their top concerns for their China operations. China’s labor costs in the urban manufacturing sector reached ¥31,000 ($4,579) per employee per year in 2010, more than doubling from just ¥12,700 ($1,5...

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Tariff Implementation 2012 in China

11

Jan 2012


Logistics, Safety and Compliance
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Tariff Implementation 2012 in China

China’s Ministry of Finance recently published the “Tariff Implementation Plan 2012 (shuiweihui [2011] No.27),” where it clarified both import and export tariffs on specific products for next year.   Over 700 types of products will be able to enjoy temporary tariff rates, most of which are lower than the most-favored-nation (MFN) tariff rates.   According to the new Plan,   -  The MFN import tariff rates will remain unchanged   -  52 types of ...

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