It seems to be a national obsession in India: measuring the country’s economic development against China’s yardstick. At a recent panel discussion to commemorate the 20th anniversary of India’s dismantling parts of its socialist economy, a government minister told business leaders to keep their eye on the big prize: growing faster than China. “That’s not impossible,” said the minister, Palaniappan Chidambaram, who oversees national security and previously w...
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Coastal areas of Shandong, Zhejiang and Guangdong to spearhead sector development The oceans have often played an important role in shaping the history and charting the destiny of nations. But in modern times the oceans have taken on a different hue with a strong blue (marine) economy holding the promise of steady and sustained economic growth. China, despite its vast huge coastal resources, has never been able to gain significant economic advantage from them due to...
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China became South Africa's top export destination at the end of 2010 due to strengthened bilateral trade links, according to South African ambassador Bheki Langa. Investment between the two countries surged to nearly seven billion US dollars at the end of last year, the ambassador told Xinhua in a recent interview. China Customs statistics show that trade between China and South Africa totaled $25.6 billion throughout 2010. Imports from South Africa reached $14.8 billion dur...
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Iliana Torres 
Global Sourcing, Safety and Compliance 
Comments Off on Manufacture set for slower contraction China's manufacturing may contract at a slower pace in August as the world's second-biggest economy weathers slumping global confidence. A preliminary reading of 49.8 for a manufacturing index released by HSBC Holdings PLC and Markit Economics on Tuesday compares with a final reading of 49.3 for July. The final August number is due on Sept 1. A reading below 50 indicates a contraction. The data suggests that growth in China is moderating rather than collapsing and the s...
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Iliana Torres
Global Sourcing, Quality Control
Comments Off on Made-in-China Loses Its Cost Advantage China's manufacturing cost advantage has been cut by almost 20 percent and multinational companies are reducing the procurement of consumer goods from China, China Business News reported. The paper quoted Shanghai International Sourcing Promotion Center as saying that due to the rising raw material prices and yuan appreciation trend, the cost advantage of "Made in China" has been cut by close to 20 percent. Many purchasing orders of consumer goods have transferred from China to Sout...
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The use of Arctic shipping routes is doubling this year as global warming makes it more convenient to traverse the Arctic Ocean when servicing Russia, Europe and Eastern China. Escorted by Russian ice-breakers, the Arctic routes are being used from now until October. The first vessel to use the route this year is a Singaporean tanker, carrying gas condensate from the Russian Novatekc Purovsky gas processing plant to the city of Ningbo on China’s eastern seaboard. The arctic route ...
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Container Loading Supervision (4 out 4)
15 Oct 2020
Quality Inspections during Travel Restrictions ( 3 out of 4)
29 Sep 2020
International Sales Contract
23 Sep 2020
