Global Sourcing

BREAKING AIRBUS AND BOEING DUOPOLY

I remember when I was a little kid, my mom taught me when we were inside the airplane that there were only 2 aircraft manufacturers: Boeing from the US and Airbus from Europe; and she preferred Airbus as she felt that Airbus's aircraft was more spacious than Boeing (oh, dearest mommy *hug*).   Speaking of which, some countries, mentioning 2 "Big Giants", Russia and China, want to break that duopoly market. Russia with its state-owned United Aircraft Corporation (UAC) confident to laun...

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IOT FOR THE “SMART” WORLD

Today we will discuss about the IoT and the future of the new business model. In the Quality Blog , I've also discussed about the advantages of IoT for the products' quality (check the article here), and in this article, let's dig out more about this IoT and the advantages for your business model!   The "Smart" Concept Nowadays, lots of products are getting more sophisticated. The key is located in its materials. Following the revolving technology, more and more products' materials are ...

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CLONING FACTORY IN CHINA

Happy Thanksgiving all :) May you have a great night with your family and a delicious turkey, yeay! Speaking about turkey or other animals, have you ever imagined if the turkey you eat or the dog you pet is a clone? Hmmmm... Today we're gonna talk about a cloning factory and it's in China! Writing this article, makes me remember of the movie: The Island. But chill! Unlike The Island movie, this factory don't clone human (well, it's unethical for me to clone human), they clone animals. Let's che...

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CHINA ON ITS R&D INVESTMENT

China has already overtaken the EU and 1 rank below the US in its R&D spending this year.   The research and development budgets in Europe and America have consumed the weight of advanced economies in science and technology research, patent citations and scientific publications, leaving China on track to be the world’s top R&D spender by 2019.   The reason why China intensely focus in its R&D is driven by economic dynamism, its long-term commitment to science ...

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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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BOEING ENTERS CHINA

Welcome to China, Boeing!   Finally, this American based aircraft maker going to China. This will be Boeing's first overseas airliner assembly plant in China. Based on its business deal, Boeing also will sell 300 new aircrafts to three Chinese companies.     Yet, Boeing has not issued a statement. Nor has the International Association of Machinists and Aerospace Workers, the union that represents more than 33,000 workers at the company’s longtime manufacturing ba...

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TEXTILE TECH TO PRODUCE KONJAC NOODLE

The first time you read the title, what do you think of it? Weird? Innovative? Creative? Interesting? Well, at least those thinkings popped up on my mind! In Japan, hundred years ago, Omikenshi Co. innovated this creative idea using the cloth-making technology to turn trees into healthy noodle. It was started because of the tightening competition for the textiles at that time in Japan. Let's read the full story!   Rayon (a fiber made from tree pulp) is the best selling product of Omikens...

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11.11 EUPHORIA

Hey guys! As I promised in the previous article that I will write an article about this super exciting event in Chinese people's life (lol, sorry for being exaggerated): 11.11 or 双11 (double 11) or Single Day Event. Check this out!     The Idea of Origin   Basically, it's the same as Black Friday in the western world.   Singles' Day or Bachelors' Day was initially celebrated at various universities in Nanjing during the 1990s, and originated from Nanjing University...

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CHINA’S GAS EMISSIONS

To get a sense of how hard it is to measure greenhouse gas emissions in China, it pays to visit the Deqingyuan poultry farm on the outskirts of Beijing, where streams of chicken manure are piped from wooden sheds to an industrial gas digester that rises above the ground like a tethered balloon.   Turning waste into kilowatts qualifies Deqingyuan for valuable carbon credits under a UN-backed scheme known as the Clean Development Mechanism. The digester turns all that chicken slurry into na...

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CHINA ECONOMIC SLOWDOWN WITH JACK MA

Who doesn't know Jack Ma... The current richest man in China caused by his agile Alibaba's IPO move in the US market. We know that currently, China's economy has been in the slowdown state, but what does Jack Ma think about this slowdown? Let's take a look ...     Don't You Worry About the Slowdown...   In Ma's opinion, the 'over-reacted' attention from all of the world reflects the global importance of Chinese economy. He added that continuing to strive for the double dig...

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