Posts tagged "economy"

CHINA’S MANUFACTURING SECTOR NOW

05

May 2016


Global Sourcing
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CHINA’S MANUFACTURING SECTOR NOW

As we know, currently China's economic condition is not really good. After periods of massive growth and development, the manufacturing sector is surely changing. Many reasons and factors define this change. Things like demographics change, hiring practices, technology, and markets are changing China's manufacturing sector. We will discuss some of them in this article and don't worry! These changes are not that negative. It will just change the way investors operate their factories and ...

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CHINESE PEOPLE ATTITUDE TOWARDS BRANDS

04

May 2016


Global Sourcing
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CHINESE PEOPLE ATTITUDE TOWARDS BRANDS

China may be closed to the outer world one time, but when it opened its door the the outer world, well, you can conclude yourself :) . I wrote this article to give you more insight about Chinese people attitude towards brands. It's very important, moreover for you, who want to enter the Chinese market.     Research Says... Based on research that was done by Cohn & Wolfe about the authenticity of the brands in the eyes of consumers, financial brands like the Bank of China a...

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STEEL PRODUCTION RESTRICTION

27

Apr 2016


Global Sourcing, International trade
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STEEL PRODUCTION RESTRICTION

China is the world's biggest steel producer, accounting for around 822 million tonnes a year. There was a call from the US, Canada, the EU, Japan, Mexico, South Korea, Switzerland and Turkey to restraint the world's steel production. The call was raised due to the failure of international talks to find measures to tackle the industry crisis.   Selling Steel at a Loss In the past months, record production in China has led to criticism. Analyst saw it as a distortion for international ...

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THE STABILITY OF CHINESE YUAN

15

Apr 2016


Global Sourcing, International trade
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THE STABILITY OF CHINESE YUAN

Canton Fair is starting today! Last 2 days ago, I wrote an article that I hope can help you, not to get a culture shock when arriving at China. Today... I'm writing an article about the update of Chinese Yuan, that is the most important thing for your purpose in coming to China.   Chinese Yuan has been a hot topic, since it was planned to add the IMF's reserved currency basket. But, this also makes us nervous as the news regarding Chinese Yuan always change and as we know, in the currenc...

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ZOMBIE COMPANIES IN CHINA

07

Apr 2016


Global Sourcing
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ZOMBIE COMPANIES IN CHINA

Zombie Companies. It is the term for companies that continue to operate even though they are insolvent or near bankruptcy. Most analysts expect zombie companies to be unable to meet their financial obligations. Zombie companies have been mentioned as one of the many reasons of China's economic slowdown.   "In current circumstances, it is impossible to expect a V-shaped economic recovery, while an L-shaped growth period will be more likely," an analysis by an authoritative figure in Chin...

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THE BOOMING OF CHINESE TYCOON

31

Mar 2016


Global Sourcing
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THE BOOMING OF CHINESE TYCOON

For Chinese people, their country may be in economic slowdown, but their wealth? Keep growing... Yes, more and more Chinese tycoon is born. Last year, mainland Chinese tourists made a record of US$215 billion on their holidays abroad! How can this be?   Chinese, The Big Spender Last time, I had a talk with my friends. We talked about luxury shopping things. Most of my friends, they've been to Europe, and visited Milan. Milan, one of the world's most famous shopping places, you can't say...

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A LEARNING FROM FACEBOOK AND ALIBABA

24

Mar 2016


Global Sourcing, International trade
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A LEARNING FROM FACEBOOK AND ALIBABA

Currently, the photo of Facebook's founder, Mark Zuckerberg, jogged at Tiananmen, Beijing in its hazy weather shook the social media world. "Smog Jog" has been the trending topic lately and many criticisms showered the post. Despite many comments and criticisms, Zuckerberg visited Beijing to attend the state-backed economic forum last weekend. This economic forum's purpose was to discuss China's economic plans. Along with Zuckerberg, Alibaba's founder, Jack Ma also attended the forum. Let...

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CHINA’S FIVE YEAR PLAN GLOBAL IMPACT

23

Mar 2016


Global Sourcing
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CHINA’S FIVE YEAR PLAN GLOBAL IMPACT

We've been talking about China's Communist Party annual meeting about its Five Year Plan lately. This time, let's figure out about its global impact!     It's not only about domestic affairs, but also global An analyst said that as China steered itself toward quality development in the next five years, and it will be a critical period of transition, thus, the world should cast their eyes east. The draft of its Five Year Plan (2016-2020) includes policies, priorities, as well as ...

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CHINA FIVE YEAR PLAN: PROS & CONS

18

Mar 2016


Global Sourcing, International trade
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CHINA FIVE YEAR PLAN: PROS & CONS

Every year on March, Chinese Government's one and only party, the Communist Party of China holds their annual meeting. Hey ho, thanks to this meeting, foreigners cannot access Google, Facebook, Instagram and other things, except Chinese websites. Anytime government has important events, they tighten their what so called "Great Wall", that the VPN (a network to break the "Great Wall" so that we can open our beloved Google) cannot pass through.   The Congress   In the meeting or co...

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TRADE SHOW IN CHINA (MARCH 2016)

29

Feb 2016


Global Sourcing, Trade Show
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TRADE SHOW IN CHINA (MARCH 2016)

Dear readers, I just updated the upcoming trade show in China for the March period and yes, Canton Fair is coming next month on April! Don’t miss the show and many other interesting upcoming trade show!         Sino-Pack 2016 (Packaging Machinery & Materials) Date and Time: Wednesday, March 2 - Friday, March 4 2016 Venue: Area B, China Import & Export Fair Complex, Guangzhou, China Venue Address: 382 Yuejiang Zhong Road, Pazhou, Guangzhou, PR China (Posta...

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