Posts tagged "Asia"

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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READY FOR CANTON FAIR?

13

Apr 2016


Global Sourcing, International trade, Opportunities, Trade Show
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READY FOR CANTON FAIR?

First time coming to China? What to prepare when coming to China?   A lot of foreigners think that China is outdated, and I've crosschecked it with my friends! Funnily, though they are foreigners from different friend circles of mine, but the thing that they said was similar! They said that, "I've never thought that I would see tall buildings in China!"   Lujiazui, Shanghai   Welcome to China! A Spanish friend told me, "For me, first time I came to China the first thin...

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CHINESE HIGH-TECH RICE COOKER

08

Apr 2016


Global Sourcing
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CHINESE HIGH-TECH RICE COOKER

China is the home of the world's industry. Price is cheap, and quality? Well, generally speaking, it is depended on the price that you choose. But the tragic thing is, people tend to see Chinese products as cheap and in low quality. As you know, one of China's current agendas is moving toward quality and automation. And yeah, if you live here in China, I have to admit that it's amazing to see a lot of innovations that keeps coming.   The High-Tech Rice Cooker Yes, just like the title! I...

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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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TOMB SWEEPING FESTIVAL

06

Apr 2016


Global Sourcing
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TOMB SWEEPING FESTIVAL

Hello guys! It's good to be back!! Here in China, we just had a holiday and the holiday is very unique. It is called "Tomb Sweeping Festival". What kind of festival is that? Let's find out the details here :)   Ancestors' Day There is a saying in Chinese Proverbs that says, "To forget one's ancestors is to be a brook without a source, a tree without a root." For Chinese people and most of Asian countries, it is extremely important to have a piety attitude towards parents and their ance...

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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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CHINA FIVE YEAR PLAN: PROS & CONS

18

Mar 2016


Global Sourcing, International trade
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CHINA FIVE YEAR PLAN: PROS & CONS

Every year on March, Chinese Government's one and only party, the Communist Party of China holds their annual meeting. Hey ho, thanks to this meeting, foreigners cannot access Google, Facebook, Instagram and other things, except Chinese websites. Anytime government has important events, they tighten their what so called "Great Wall", that the VPN (a network to break the "Great Wall" so that we can open our beloved Google) cannot pass through.   The Congress   In the meeting or co...

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FROM CHINA WITH LOVE

10

Mar 2016


Global Sourcing
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FROM CHINA WITH LOVE

Since China opened its door to the world, life in China step by step has been changing. Rich people were born, ways of life changed, etc. The changes are not only felt by Chinese people, but also from people from other countries. This time, let's fly to....... Italy! Amore!!! Let's see how China's economy changes Italians' life!   Trend is Everything Why Italy?   First things come to mind, hearing Italian food? Pasta & coffee! Yes, for foodie like me, they're one of the most a...

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