Posts tagged "market"

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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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

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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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 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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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 ECONOMY NOW

Buenos! It's been super sultry here in China during the summer and the heat is added up by the current unstable market condition. So today, I decided to choose this current hot issue in China: China's Economy Now. I gathered the information from some sources and happy reading ..... With industrial profits sliding, factory activity retreating and the stock market on wild swings, China's economic future seems blurry.   However, positive changes in the fundamentals can not be ignored and ...

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Quality derives from education

Big initiative on vocational training is to upgrade China’s economy   Shenyang in China's industrial northeast, dominated by heavy industry and leviathan state-owned enterprises, may seem an unlikely model for the modernization of the country's economy. Still, the capital of Liaoning province is seen as a leader in vocational training. It has had a long tradition in turning out the skills that industry needs and in 2010 was designated as one of 10 vocational training pilot areas. Th...

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Australian grapes come at Korea

Korean authorities have agreed to finalize conditions for the import of Australian grapes, just in time for the Southern Hemisphere country’s upcoming season. Australian Table Grape Association (ATGA) chief executive officer Jeff Scott said the successful negotiation and market access achievement was the result of close collaboration between the ATGA and the Department of Agriculture, Fisheries and Forestry (DAFF). “We expect trade to occur later in this coming harvest season once...

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4 key elements that will transform B2B

2014 will be the "Year of E-Engagement" for B2B Commerce, Driven by Explosive Growth of Social, Mobile and Cloud. Use of Business Commerce Networks, E-Invoicing, E-Payment Solutions will Rapidly Rise as Companies Seek Better Cash Flow. 1. 2014 Will Be The Year Of ‘E-Everything’ In today’s real-time social, mobile and cloud-based environment, business users are demanding access to information and the ability to process tasks in a matter of seconds or minutes. Finance and procureme...

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