Posts tagged "international market"

YUAN DEVALUATION

20

Jan 2016


Global Sourcing
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YUAN DEVALUATION

It's been quite a time, we haven't talked about Chinese economy again. This year, we keep hearing from the yuan devaluation, stock devaluation, etc. Regarding this situation, a question rose, why the yuan devaluation does not occur to decrease sharply?   The Shocking New Year Start Immersing stocks and currency have made a dramatic start to the new year in China. The closely watched Shanghai Composite Index fell 3.6 per cent on Friday, down more than 20 per cent from its recent hi...

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CHINA-ALGERIA COOPERATION

18

Jan 2016


Global Sourcing, International trade, Logistics
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CHINA-ALGERIA COOPERATION

New year, new investments and cooperations for China. Being one of the world's strongest country, China has been 'down to earth' to share its capital and help other countries to improve their infrastructure. Currently, Algeria made a deal with China to build a mega sea port. It's not only big, but MEGA!   3.3 billion USD is the amount of China-Algeria deal to build and exploit the new center transshipment port of Cherchell.   Port Cherchell   The agreement was signed between...

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GARMENT INDUSTRY IN BANGLADESH

31

Dec 2015


Global Sourcing, Safety and Compliance
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GARMENT INDUSTRY IN BANGLADESH

Beside "Made in China", what other remarks do you usually find when you go shopping? "Made in Bangladesh". They don't only manufacture for common brands, but also for what we call 'branded'. Let's take a look the undercover behind Bangladesh's garment industry.     The Garment Industry In 2013, Savar Building or Rana Plaza in Bangladesh collapsed and it is considered as the deadliest garment-factory accident. Following this accident, NYU Stern Center underwent a year-long study...

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GLOBAL SMARTPHONE GROWTH

18

Dec 2015


Global Sourcing, Logistics
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GLOBAL SMARTPHONE GROWTH

Talking about the global smartphone growth, maybe you'll guess China is the leader... Well, it's kinda make sense as China contributes as one of the biggest smartphone maker in the world. But, let's check this out first then we can make the conclusion :)     Rule of "Thumb" I quoted the Thumb! Don't you realize? Lol! Thumbs contribute a lot for us to use smartphone... I like to do massage and one day, when the woman who gave me the massage rub the joints beneath my thumbs and she s...

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TOP 10 CITIES TO STARTUP YOUR BUSINESS

16

Dec 2015


Global Sourcing, Opportunities
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TOP 10 CITIES TO STARTUP YOUR BUSINESS

Count down the top 10 cities around the world to startup your business !   1. Beijing     China is still leading the chart! No wonder, China is increasingly focusing on higher-end, higher-margin advanced manufacturing, which “Made in China” no longer means cheap and low-quality, but high quality. In addition, China has a tax relief program for startups with annual tax deductions of up to RMB9,600 (US$1,500) to businesses established by previously unemployed workers and...

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FIGHTING AGAINST COUNTERFEIT IN CHINA

09

Dec 2015


Global Sourcing, Quality Management
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FIGHTING AGAINST COUNTERFEIT IN CHINA

It's a normal thing, seeing people holding fake Prada or LV or other brands in China. It's a normal thing too to see people selling Gucci or Prada at the flee market in China. Getting further, in Shanghai or Shenzhen, the fake markets are one of the tourist attractions, where the sellers can speak English! From my friend's experience, they set a very high price, well, sometimes it depends on the quality. There are terms like Super Quality (very similar like the original one, and it's not cheap),...

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RMB TO BE IMF’S RESERVE CURRENCY

09

Dec 2015


Global Sourcing
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RMB TO BE IMF’S RESERVE CURRENCY

Finally, the decision for Chinese Yuan or RMB to be added to IMF's basket of elite reserve currency is finalized. Here is the detail...     Benefit, benefit, benefit... Despite many controversies, analysts say that the IMF’s decision is in large part a political one designed to encourage stronger economic overhauls in the world’s No. 2 economy. Christine Lagarde believes this milestone will be the beginning of many reforms. This move will be effective in the late of next y...

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BREAKING AIRBUS AND BOEING DUOPOLY

04

Dec 2015


Global Sourcing, Quality Management, Safety and Compliance
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BREAKING AIRBUS AND BOEING DUOPOLY

I remember when I was a little kid, my mom taught me when we were inside the airplane that there were only 2 aircraft manufacturers: Boeing from the US and Airbus from Europe; and she preferred Airbus as she felt that Airbus's aircraft was more spacious than Boeing (oh, dearest mommy *hug*).   Speaking of which, some countries, mentioning 2 "Big Giants", Russia and China, want to break that duopoly market. Russia with its state-owned United Aircraft Corporation (UAC) confident to laun...

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CHINA $1T OVERSEAS INVESTMENT

25

Nov 2015


Global Sourcing, International trade
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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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CHINA ECONOMIC SLOWDOWN WITH JACK MA

09

Nov 2015


Global Sourcing, International trade
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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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