Foxconn Technology Group, the contract maker of Apple Inc iPhones and Hewlett-Packard Co computers, plans to establish a factory with 300,000 workers in Zhengzhou City, capital of central China’s Henan province, the local government said. CUBD client Unis TH Technology is also building a Technology Park in Zhengzhou City, capital of Henan Province.
http://www.chinadaily.com.cn/bizchina/2010-06/28/content_10029940.htm
http://www.aautech.com/foxconn-announces-investment-in-chengdu-and-zhengzhou.html

Fewer migrant workers are heading to manufacturing zones, putting pressure on wages.
http://online.wsj.com/article/SB10001424052748703609004575354501318242096.html?KEYWORDS=China+starts+looking+beyond+its+era+of+breakneck+growth

THERE is no more potent symbol of the relative decline of Western finance than the revolution in Chinese banking over the past decade. While American and European banks have been busy blowing up, China’s have been transformed from communist bureaucracies crippled by bad debts into something resembling world beaters.

http://www.economist.com/node/16541609?story_id=16541609&CFID=136001590&CFTOKEN=33004485

In 2007, the Chinese Government published a 5 year plan to develop and expand China’s IT outsourcing with a goal to surpass India by 2012. According to a recent KPMG study, China has reached the goal earlier than expected. CUBD is experienced in helping US companies develop and implement their IT outsourcing strategies.
http://www.chinadaily.com.cn/cndy/2010-07/15/content_10107929.htm