Posts tagged "global economy"

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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CHINA’S SEMICONDUCTOR INDUSTRY

26

Apr 2016


Global Sourcing, Opportunities
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CHINA’S SEMICONDUCTOR INDUSTRY

Yesterday, I wrote a final essay about how technology changes the way we live. As I reflect, can you imagine how that thing changes our life in many aspects! In daily life, we are spoiled by the internet. Fast, fast, fast. Everything's becoming more and more instant. Even the nature of business has been changing.   Recently, I've been attracted with China's commitment in improving quality. Yes, quality, not quantity anymore. If you are following news about China, China has been helping m...

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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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MAKE IN INDIA (PART 2)

25

Feb 2016


Global Sourcing
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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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INDIA ECONOMY GROWTH

19

Feb 2016


Global Sourcing, Opportunities
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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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