Posts tagged "united states"

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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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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Manufacturing Day in the U.S.

30

Sep 2014


Global Sourcing, International trade, Opportunities
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Manufacturing Day in the U.S.

Manufacturing is more than just a cornerstone of the U.S. economy; it’s a cornerstone of modern life. The screen you’re reading this on is a manufactured commodity. The radio you’re listening to, the car you drove to work, the smartphone your kids keep staring at – your refrigerator, your TV, your medicine – all manufactured goods.   Many headlines about U.S. manufacturing are negative, focusing on increased global competition in the sector, but the fact is that the U.S. manufac...

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International Trade Priority In Canada

24

Feb 2014


Global Sourcing, Opportunities, Safety and Compliance
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International Trade Priority In Canada

ECONOMIC SANCTIONS Canada imposes economic sanctions against a number of countries pursuant to the Special Economic Measures Act and the United Nations Act. In Budget 2014, the federal government has acknowledged that the due diligence requirements under Canada's economic sanctions place a significant burden on the private sector. For example, existing sanctions strictly regulate interactions with designated individuals and entities, whose names are contained in 19 separate lists located on f...

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Things To Know About The TPP

30

Dec 2013


Global Sourcing, Logistics, Opportunities, Safety and Compliance
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Things To Know About The TPP

The three-year-old Trans-Pacific Partnership talks, now involving 12 nations, are aimed at lowering trade barriers across a wide range of sectors in 12 Pacific Rim counties that would stretch from U.S. to New Zealand and from Japan to Chile. TPP, arguably the most important trade agreement in a generation, emerged following nearly a decade of disappointment in trade talks. The World Trade Organization’s Doha Development Round of talks first collapsed in 2003 and effectively died with th...

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Afghanistan’s New “Gold” Rush…

27

Jul 2012


Opportunities
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Afghanistan’s New “Gold” Rush…

Every day, the world economy observes new actors entering the game. Some of them could be ones we would never expect but anyway, there they are. Today, we are about to take a look at how Afghanistan could become a new “Saudi Arabia”.   After years of fighting on the soil of Afghanistan and even under its floor, western scientists finally discover that the country has other attractions to make people come to this country. Many years ago, in a time when you could still feel the pres...

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China Being EU’s Top Trade Partner

01

Nov 2011


Global Sourcing, Logistics, Safety and Compliance
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China Being EU’s Top Trade Partner

Trade between China and the European Union (EU) totaled 35.6 billion euros ($49.4 billion) in July, allowing China to overtake the United States as the EU's largest trade partner, the Ministry of Commerce said, citing the latest statistics from Eurostat.   The overall value of China-EU trade in July exceeded that of the EU and the United States by 800 million euros, accounting for 13.4 percent of the region's total imports and exports, according to data released by the EU's statistics...

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India v.s. China

02

Sep 2011


Global Sourcing, Logistics
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India v.s. China

It seems to be a national obsession in India: measuring the country’s economic development against China’s yardstick.   At a recent panel discussion to commemorate the 20th anniversary of India’s dismantling parts of its socialist economy, a government minister told business leaders to keep their eye on the big prize: growing faster than China.   “That’s not impossible,” said the minister, Palaniappan Chidambaram, who oversees national security and previously w...

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