Posts tagged "economy"

MAKE IN INDIA (PART 2)

Last time, I wrote an introduction about "Make In India", Modi's way to increase India's industry. On this second part, let's see what does "Make In India" offer to us... There are 11 elements that India is ready to offer to us, check them out!   1. AUTOMOBILES Do you know that India is the world's fifth biggest automobile market? For sure, this can climb up to number three by 2019.   Inside Tata, world's cheapest car manufacturer   2. CHEMICALS In Chemicals field, Ind...

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MOBILE SHOPPING TREND

Nowadays, shopping has been very easy for us, moreover for people in China. Shopping has become a 'one-click-option' for most of the people. You don't have to go to the shopping malls or grocery stores, but just from your smartphone, you can purchase what you want to buy. It's simple, easy and we don't even have to bring a heavy shopping bags anymore! Just stay at home and it will be delivered to you :) . This mobile shopping trend has been tremendously happening in China. What do you wanna say ...

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INDIA ECONOMY GROWTH

Let's move our sight to this world's second most populous country for a while. While China has been struggling with its economic slowdown, how about India? Let's take a look of this discussion of India economy.     Optimistic India     Based on the Organisation for Economic Cooperation and Development (OECD) research, it is said that Indian economy will continue to see a prosperous growth at least 7.4% in the next year.   For India, their fiscal startin...

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YUAN DEVALUATION

It's been quite a time, we haven't talked about Chinese economy again. This year, we keep hearing from the yuan devaluation, stock devaluation, etc. Regarding this situation, a question rose, why the yuan devaluation does not occur to decrease sharply?   The Shocking New Year Start Immersing stocks and currency have made a dramatic start to the new year in China. The closely watched Shanghai Composite Index fell 3.6 per cent on Friday, down more than 20 per cent from its recent hi...

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APPLE PAY ENTERING CHINA

When you live in China, you don't have to worry if you forget to bring your wallet with you, but make sure you bring your Smartphone and you are registered with an app named Alipay. "Ali" isn't this name familiar? Yes, it's part of Jack Ma's Alibaba kingdom. Currently Apple announced that they would launch its Apple Pay in China. How well will Apple Pay grab the Chinese Market?   Entering China Entering China, Apple Pay won't be alone. Together with UnionPay (state-affiliated network...

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RESIDENTIAL CRISIS IN CHINA

If you have chance to visit China, you'll be impressed by the how Chinese people build infrastructures, both from its speed and design. Beside roads, bridges, and highways, other infrastructure that Chinese like to build is apartment. Yes, China has the biggest population in the world, but, does it mean they have to build more apartments?   Residential Crisis: Empty Apartment But they generally agree that most Chinese cities are ringed with empty apartment buildings and residential deve...

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CHRISTMAS IN CHINA

Dear readers, allow us, SBE team to say Merry Christmas! Feliz Navidad! May the joy and peace of Christmas will always be in our heart, not only on Christmas day, but all the days of our life...   When we are talking about Christmas, yes, it's the most wonderful time of the year. The celebration, the decoration, the family gathering, the snow, the lights or the sales (lol!) make us feel "It's Christmas, Baby!". Okay, okay, so what about Christmas in China?     祝你圣诞...

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2-CHILD POLICY AND CHINA ECONOMY

Currently, there has been hot issues in China about the new child policy, which now, government has allowed people to have 2 kids. It's such a long process, I have to say... Before the government really permitted people to have 2 children, people who want to have more children, either they have to pay or they can have one more child if both mom and dad don't have any siblings. Yeah, it sounds complicated...   Unbalance Population The reason why finally government decided this p...

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TOP 10 CITIES TO STARTUP YOUR BUSINESS

Count down the top 10 cities around the world to startup your business !   1. Beijing     China is still leading the chart! No wonder, China is increasingly focusing on higher-end, higher-margin advanced manufacturing, which “Made in China” no longer means cheap and low-quality, but high quality. In addition, China has a tax relief program for startups with annual tax deductions of up to RMB9,600 (US$1,500) to businesses established by previously unemployed workers and...

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RMB TO BE IMF’S RESERVE CURRENCY

Finally, the decision for Chinese Yuan or RMB to be added to IMF's basket of elite reserve currency is finalized. Here is the detail...     Benefit, benefit, benefit... Despite many controversies, analysts say that the IMF’s decision is in large part a political one designed to encourage stronger economic overhauls in the world’s No. 2 economy. Christine Lagarde believes this milestone will be the beginning of many reforms. This move will be effective in the late of next y...

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