Posts tagged "China"

STEEL PRODUCTION RESTRICTION

27

Apr 2016


Global Sourcing, International trade
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STEEL PRODUCTION RESTRICTION

China is the world's biggest steel producer, accounting for around 822 million tonnes a year. There was a call from the US, Canada, the EU, Japan, Mexico, South Korea, Switzerland and Turkey to restraint the world's steel production. The call was raised due to the failure of international talks to find measures to tackle the industry crisis.   Selling Steel at a Loss In the past months, record production in China has led to criticism. Analyst saw it as a distortion for international ...

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CHINA’S SEMICONDUCTOR INDUSTRY

26

Apr 2016


Global Sourcing, Opportunities
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CHINA’S SEMICONDUCTOR INDUSTRY

Yesterday, I wrote a final essay about how technology changes the way we live. As I reflect, can you imagine how that thing changes our life in many aspects! In daily life, we are spoiled by the internet. Fast, fast, fast. Everything's becoming more and more instant. Even the nature of business has been changing.   Recently, I've been attracted with China's commitment in improving quality. Yes, quality, not quantity anymore. If you are following news about China, China has been helping m...

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CHINA’S PRIORITY IN IP PROTECTION

22

Apr 2016


Global Sourcing, Quality Control, Quality Management
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CHINA’S PRIORITY IN IP PROTECTION

Last time, we've discussed about one of the biggest downside in China's industry: counterfeit. Chinese government has been trying to beat the counterfeit and increase the Intellectual Property or IP protection. So far, Chinese government has found some brilliant ways to fight the counterfeit. Let's find out the details!   Innovation Stream in China Don't underestimate China! Like I always say, they're really serious in improving their quality and innovation. This innovation has been le...

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“BREAK INTO PRISON” SEASON SPRING

19

Apr 2016


Global Sourcing
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“BREAK INTO PRISON” SEASON SPRING

If the US has an amazing TV Show "Prison Break", then China has its own version of the opposite "Break Into Prison". Sounds funny, right? Let's read the whole story!   American Version   vs   Chinese Version     Spring is coming in China! It was marked by the most celebrated holiday: The Chinese New Year, which is celebrated in the beginning of Spring each year. But, the winter lasted longer this year in China. How 'bout in your place? Is it the same? &n...

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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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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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