Archive for the ‘Uncategorized’ Category

Are the Chinese better at math than Americans?

Econ 001 
Ever since our financial meltdown, the US has been accusing China of 'currency manipulation'. These accusations are in spite of the fact that the Yuan has risen nearly 20% from 2005-2008 and the US imported at least as much in those years as we do now.
Somehow this just seems too simple to bother with [...]

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Cultural dynamics while doing business in China

The Basics of American and Chinese cultural differences when doing business in China:
 
Some key differences in business culture between US and China:
-Americans wants do 'do a deal' while Chinese want to 'build a relationship'
-Americans wants to maximize short-term profits while Chinese are long term thinking
-Americans are 'direct' while Chinese will not deliver bad news
-Americans want to move quickly, [...]

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China-related M&As to rebound

 
BEIJING – Most China-related merger and acquisition deals have rebounded strongly in the first half of the year, and set the scene for robust activities for the remainder of 2010 and into 2011, accounting firm PricewaterhouseCoopers (PwC) said on Monday.
Chinese outbound merger and acquisition deals for the first six months of 2010 have reached record [...]

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Bigger Yuan Revaluation Would Have Sizeable Effect

On June 19, China said it would let the yuan appreciate, after being tied as tight as an anchor to the dollar since 2008. The policy gave China a boost politically, but it hasn’t had any real effect economically, because the yuan has appreciated just 0.8% since them.
But William Cline, a veteran international economist at [...]

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E-Commerce Market in China Far Behind USA

Compared to USA, China is still in the early stage of e-commerce online shopping development. Base on statistics from enfodesk, in 2009, the online e-commerce market in China reached 252.7 billion RMB (about $37.7b USD). The market scale in USA was $134.9 billion 3 times greater than China. However, the population in China is 4 [...]

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China is more open to Foreign Investment

China’s economy is becoming stronger and many foreign companies are concerned that China will no longer pay attention to or support  foreign investment. However, according to the  British financial newspaper,  ”Financial Times” states “Thriving China is ever more open for business” . The article was written by Deming Chen, officer of China Ministry Commerce.
Chen Pointed out [...]

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China to Submit Plan for RMB 2Trillion (US$295b) investment in New Energy Initiatives

New energy initiatives  are always a hot topic especially as China has been  recently dubbed as the worlds leading  energy consumption country. While China has put a lot of effort in new energy development., according to recent news from Beijing, the  National Development and Reform Commission will submit a New Engergy Planning Proposal to the State Council proposing an [...]

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Developing China Sales and Distribution Capabilities

The China market offers opportunities for companies that can navigate its evolving sales and distribution landscape. CUBD brings more than 7 years experience in China Distribution strategies.
http://chinabusinessreview.net/public/1007/feuling.html

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Foxconn plans plant with 300,000 workers in China’s Henan province

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

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China Starts Looking Beyond Its Era of Breakneck Growth

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

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