Posts tagged "China"

CHINA $1T OVERSEAS INVESTMENT

I was like WOW! $1T is not a small amount, guys, I was like come on... Just like the title, Li Ke Qiang, Premier of China stated that China would invest more than $1 trillion overseas in the next 5 years.   The Basis Not only the $1 trillion overseas investment, Premier Li also added that the country will most likely import commodities those worth more than $10 trillion during the period. Even though China's economic growth has slowed, growth volume is increasing annually. For as lon...

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BOEING ENTERS CHINA

Welcome to China, Boeing!   Finally, this American based aircraft maker going to China. This will be Boeing's first overseas airliner assembly plant in China. Based on its business deal, Boeing also will sell 300 new aircrafts to three Chinese companies.     Yet, Boeing has not issued a statement. Nor has the International Association of Machinists and Aerospace Workers, the union that represents more than 33,000 workers at the company’s longtime manufacturing ba...

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11.11 EUPHORIA

Hey guys! As I promised in the previous article that I will write an article about this super exciting event in Chinese people's life (lol, sorry for being exaggerated): 11.11 or 双11 (double 11) or Single Day Event. Check this out!     The Idea of Origin   Basically, it's the same as Black Friday in the western world.   Singles' Day or Bachelors' Day was initially celebrated at various universities in Nanjing during the 1990s, and originated from Nanjing University...

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CHINA’S GAS EMISSIONS

To get a sense of how hard it is to measure greenhouse gas emissions in China, it pays to visit the Deqingyuan poultry farm on the outskirts of Beijing, where streams of chicken manure are piped from wooden sheds to an industrial gas digester that rises above the ground like a tethered balloon.   Turning waste into kilowatts qualifies Deqingyuan for valuable carbon credits under a UN-backed scheme known as the Clean Development Mechanism. The digester turns all that chicken slurry into na...

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CHINA ECONOMIC SLOWDOWN WITH JACK MA

Who doesn't know Jack Ma... The current richest man in China caused by his agile Alibaba's IPO move in the US market. We know that currently, China's economy has been in the slowdown state, but what does Jack Ma think about this slowdown? Let's take a look ...     Don't You Worry About the Slowdown...   In Ma's opinion, the 'over-reacted' attention from all of the world reflects the global importance of Chinese economy. He added that continuing to strive for the double dig...

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11 MOST POWERFUL CHINESE STARTUPS

I would say, it's not only powerful, but also valuable! Check out the countdown below...           11. MoGuJie (蘑菇街) Valued at: $1 billion Total funding: $200 million MoGuJie is the Pinterest's Chinese version, Mogujie lets women create photo collages, but it's figured out how to turn those dreams into actual money for merchants. The WSJ reported in March that the site was looking to raise another $300 million at a $2 billion valuation, so it's still clim...

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NEW E-BIKE THAT CONNECTS TO SMARTPHONE

If you visit China, you'll find many Chinese people riding on a motorcycle-like vehicle. That is what we call E-bike or electronic bike. In my third year living in China, I just realized, when you are going somewhere by bus, 3 things will attract your eyes the most: 1. Luxury European Cars; 2. Smartphones; 3. Electronic Bike. People there like to ride their e-bike and as you know, China is the biggest smartphone market (moreover for Apple!). So, compiling the facts, Xiaomi CEO decided to invest...

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CHINA ECONOMY WATCH

Hello Wednesday! Yeay, we're in the middle of the week (again)! Today, I'm writing an article about China Economy watch based on one of my favorite economic figures: Christine Lagarde, the head of IMF.   Here is the review...   "I would say that it's a recovery that is decelerating a bit, and we are seeing massive transitions at the moment" she said and it was expected to gain momentum next year.   After such a massive growth over decades, China's economy slowed to 7.4...

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CHINA’S BEST PERFORMING CITY

First time you read the title, which city pops up first in your mind? Shanghai? Beijing? Guangzhou? or even Shenzhen? It's not entirely wrong, but it's not those cities! Here are the clues:       Home of the Pandas   Super Spicy Food! (Main Ingredients: Chili, Chili, Chili, Peppercorn, Peppercorn, Peppercorn, Oil, Oil, Oil, Coriander)   Different Varieties of Chili for This City's Special Dishes   Peppercorn   Their "It" Hotpot   The ...

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CHINESE MID AUTUMN FESTIVAL

Hello everyone... Holiday is coming soon again in China and this time, Chinese people will celebrate the Mid Autumn Festival (中秋节 zhongqiujie). In this article, I'll give you the complete information about this culture celebration and how is this festival celebrated in other countries.   "it's Chinese thanksgiving celebration" Mid Autumn Festival Introduction There are many calendar systems in the universe, but only 3 of them are widely known and used: The Julian/Gregorian Cal...

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