Global Sourcing


Yibin Port Impresses

31

Jul 2011


Global Sourcing, Logistics, Opportunities
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Yibin Port Impresses

CHENGDU - The Sichuan Yibin Port Economic Development Zone Industry Cooperation Fair was held in Yibin, Southwest China's Sichuan province, on Saturday, drawing 44 firms, chambers of commerce and international organizations from Japan, South Korea and other parts of China.   Some of them are Fortune 500 firms. They compared notes on development of the Yibin Port Economic Development Zone and sought business opportunities there.   On Friday afternoon, representatives of the...

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Inside View on China’s Logistics

31

Jul 2011


Global Sourcing, Logistics
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Inside View on China’s Logistics

  China's expenditures on logistical services totaled 3.7 trillion yuan ($570 billion) in the first half of 2011, an increase of 18.5 percent year-on-year, statistics showed.   The spending accounted for 18 percent of the country's gross domestic product (GDP), the China Federation of Logistics and Purchasing and the China Logistics Information Center said in a report published on their websites.   The report attributed the growing spending to rising costs for raw m...

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Trade Surplus Rises in Coming Months

22

Jul 2011


Global Sourcing, Logistics, Quality Control
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Trade Surplus Rises in Coming Months

China's monthly surplus is expected to "widen" in the coming months though export growth will "decelerate", probably causing some factories to close, said the Ministry of Commerce on Thursday.   As domestic and global business conditions deteriorate, some manufacturers and exporters might struggle in the months ahead, with even some going bankrupt, said Zhang Ji, director-general of the ministry's department of mechanical, electronic and high-technology industries.   Accord...

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The Giant China

30

Jun 2011


Global Sourcing, Logistics
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The Giant China

As we look a little bit closer to what is going on around the globe, the news, we realize that geopolitics and geo strategy (study of each State & political actor’s on the international scene) form one body.   The correlation between both terms includes not only politics but a very important economic aspect that is gaining the upper hand. Experts of the subject have declared in the past that the hegemony of a country depended on just few fundamentals criteria. By analyzing our environme...

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New Trade Zone in Hwanggumpyong

30

Jun 2011


Global Sourcing, Logistics
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New Trade Zone in Hwanggumpyong

Sharp-eyed viewers of CCTV may have noticed the recent adverts promoting the port of Dandong on China’s border with North Korea as a new northeastern gateway to global markets. That campaign goes hand-in-hand with the recent decision to set up a free trade zone on North Korea’s Hwanggumpyong Island, an undeveloped island adjacent to Dandong, where a tax-free zone of 11 square kilometers will be set up. China has reportedly signed a 50 year lease agreement to develop the island.   ...

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China & Germany Target Doubling Trade

29

Jun 2011


Global Sourcing, Logistics
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China & Germany Target Doubling Trade

China and Germany signed deals worth more than $15 billion on Tuesday as the leaders of the world's top two exporters set a target of doubling their annual trade by 2015.   Chinese and German leaders are meeting for trade talks in the German capital Berlin, with the Chinese seeking new investment by hi-tech companies. Chinese Premier Wen Jiabao arrived on Monday evening on the final leg of his European tour, and is meeting German Chancellor Angela Merkel. Germany is by far China's big...

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