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Articles from Best China Suppliers |
Chinese cars land in Europe !
2007-10-09 02:55:59
… and they are not cheap !
Brilliance, the main Chinese car manufacturer (who also produces BMW cars for local market) has made a discrete but noticeable entry at the Geneva 77th Motor Show this week, with 3 car models on display.
The 500 first cars from the production line in Shenyang, will arrive this month in Germany to be distributed through European retailers.
The story is interesting, with the involvement of many European automotive suppliers in the project, and the design done by an Italian firm : according to Brilliance themselves, the cars they will sell in Europe are already "quite European"; for this line of products, where quality is everything, coming from China does not, for once, necessarily give you a competitive advantage.
It took about 15 years to Japanese cars to settle definitely in Europe : will China do better ?
Read Original Post Here
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All bets are on with China gambling craze !
2007-10-09 02:55:58
I read earlier this week about how Macau’s gaming revenue surged 22% in 2006, surpassing for the first time the Las Vegas (where AsiaInspection will exhibit next week - by the way…) as the world’s biggest casino market.
Seven new casinos opened in Macau last year, bringing the total to 24. The number of gaming tables doubled in the period to 2,762, according to Macau’s Gaming Inspection and Coordination Bureau.And this trends seems here to stay : in total, 2.2 billion people live within five hours’ flying time of Macau, compared with 410 million in the same radius of Las Vegas.
I have always been intruiged and fascinated to see how Chinese people can be both disciplined, hard working, and at the same time crazy about gambling, to an extent we seldom see in Western countries…
Read Original Post Here
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Brits Get Rich in China
2007-10-08 03:17:07
Perhaps the funniest thing I have found on Youtube…. a 7 part series entitled Brits Get Rich in China.
If you have read Mr China, this is a must see. If you have not read Mr. China, watch the series, then read the book, and then re-watch this series.
The premise is simply. China is BOOMING, there is gold at the end of the Great Wall (perhaps behind it) , and three business men are sucked in by the promises of riches (fortunately for us, there were 3 camera crews ready to tape all this!)
http://www.youtube.com/watch?v=n_n4pTMJLnE
Perhaps a spin off the Survivor series, these three men are all from differnt backgrounds:
Tony Caldeira’s once-thriving Merseyside cushion business has been ruined by cheap Chinese imports. In a desperate bid to save his company, he’s borrowed two million pounds and flown out to China in an attempt to build a cushion factory in a paddy field.
“For me.. its China or bust”
Dapper ex-colonel Peter Williams has spent his life sav ...
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Calls For Reason, Gome Gone Nuts, Deficits are Good, and Olympic Pigs on Reserve
2007-10-06 16:12:36
Importers Defend Trade With China ,US needs ‘new vision’ for trade,
and Bills Targeting China’s Trade Practices Draw Concern From Business Leaders
During the last few months of product recalls, the difference between what the papers and politicians have been saying has been quite different from what we have been saying on the ground. It has been easy for finger pointing and broad brush statements to be taken as fact, and as this has continued the fears of trade wars and backlash have grown. Well… it appears that some U.S. buyers and lawmakers have realized just how tied they are to China, and that if they do not do something to protect the relationship that they may be the ones to feel the pain.
All Copies Of Beijing Times Have Been Sold
One of .the most interesting stories about the lengths competitors will go to in order to prevent a successful campaign of another competitor, electronics retailer GOME (who just signed deal with Dell) has apparently purchased every copy o ...
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Best Practices: Human Resources: Strategies for Recruitment, Retention, and Compensation
2007-10-06 07:09:24
Focus on skills
For managerial and technical
positions, cost differences between expatriates (expats) and local hires are
shrinking (see p.3, “Compensation and Benefits”). When searching for
potential recruits, companies should look for sets of skills rather than
whether the ideal employee would be a local Chinese citizen, a foreigner, or a
returned Chinese.
Verify employment history
For any senior hire, formal
background checks by experienced external consultants should be standard
practice. Due diligence is important for fraud prevention and intellectual
property protection, among other reasons. It is important to look for such
things as links to competitors, potentially conflicting ties to regulators, and
whether the prospective employee has a history of switching jobs regularly.
Evaluate total work experience
Experience at a foreign firm does
not automatically translate into deep knowledge of daily business operations.
Evaluate the quality of a potential hire’s to ...
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Ningbo Veken United Trade Group Co., Ltd.
2007-10-06 07:01:09
Share-held by Veken Group Holding Co.,Ltd. which is known as one of the strongest enterprises in the textile field, Ningbo Veken United Trade Group Co.,Ltd., with the core enterprise of Ningbo VeKen United Import & Export Co.,Ltd, not only holds several specialized trade companies such as Ningbo Veken Sales Co.,Ltd., Shanghai Veken Difan Economy & Trade Development Co., Ltd., Ningbo Ningfeng Imp. & Exp. Co. Ltd., Ningbo Weitai International Trade Co., Ltd. but also holds several specialized manufacturing enterprises such as XinDachang Weaving Co., Zhong-lei Woolen & Dyeing Co., Jiujiang Veken Dyeing Co., Zhejiang Jianke Cotton Spinning Co., and Ningbo Veken Elite Dunhuang Knitting Co., Ltd. Over the past years, Veken United Trade Group Ltd. has been majoring in the domestic and international trading of fabrics, garments and home textiles, at the same time engages in business of various fine clothing accessories, exquisite arts and crafts products, hardware products, mac ...
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Report: Spoiled - Keeping Tainted Food Off America’s Tables
2007-10-05 05:00:39
Perhaps by continuing to post on product failures, I am flogging a dead horse, but once again I have found another report that should be highlighted
Spoiled, Keeping Tainted Food Off America’s Tables (PDF Here) is written by Jessica Milano for the Progressive Policy Institute. She actually works for Competition Policy Associates (COMPASS)
Written from the perspective of an American looking for ways to protect consumers from imported products, Milano focuses primarily on the government agency infrastructure in her report and offers up the following 5 “simple ideas to improve food safety”
Improve and simplify the regulatory process by creating a single food inspection agency.
Double resources for food safety by cutting waste.
Shift to a risk-based allocation of resources.
Create a stronger recall authority.
Use the Container Security Initiative (CSI) program to strengthen pointof-entry food inspections.
In coming to these conclusions, she lays out some very compeling ...
America
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Oct 4, China Business Blog Archive
2007-10-04 22:59:54
china business blog archive collect all blogs about China business comments, events,market, business people,etc. Read Original Post Here
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Jun 12, Shanghai Gold Exchange to enroll foreign bank members
2007-10-04 22:59:53
China’s central bank said on June 8 it had agreed in principle that foreign banks operating in China could be enrolled as members of the Shanghai Gold Exchange (SGE) in a move that, industry analysts say, marks the opening of China’s gold market.
“It will help combine the domestic and overseas gold market, increase the market liquidity and reduce transaction risks,” said Zhou Hongtao, a gold investment analyst.
Zhou said the foreign members would bring advanced trading and managerial experience and contribute to leveling off the price gapbetween domestic and overseas markets.
The central bank has told the SGE to set up as soon as possible a regulatory plan for qualification of foreign members and submit the plan to the central bank for approval.
The central bank said the plan would be put on record with the State Administration of Foreign Exchange along with the results of foreign members’ qualification examinations submitted by the SGE.
An official w ...
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Jun 8, Education Faces Problem in China
2007-10-04 22:59:53
Education Faces Problem in China, Learn primary schoo books in kindergarten,learn middle school books in primary school, learn college books in middle school, and learn MORAL in college Read Original Post Here
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