Global Sourcing


2-CHILD POLICY AND CHINA ECONOMY

18

Dec 2015


Global Sourcing
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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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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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TOP 10 CITIES TO STARTUP YOUR BUSINESS

16

Dec 2015


Global Sourcing, Opportunities
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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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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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FIGHTING AGAINST COUNTERFEIT IN CHINA

09

Dec 2015


Global Sourcing, Quality Management
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FIGHTING AGAINST COUNTERFEIT IN CHINA

It's a normal thing, seeing people holding fake Prada or LV or other brands in China. It's a normal thing too to see people selling Gucci or Prada at the flee market in China. Getting further, in Shanghai or Shenzhen, the fake markets are one of the tourist attractions, where the sellers can speak English! From my friend's experience, they set a very high price, well, sometimes it depends on the quality. There are terms like Super Quality (very similar like the original one, and it's not cheap),...

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RMB TO BE IMF’S RESERVE CURRENCY

09

Dec 2015


Global Sourcing
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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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