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What do you eat for your tea James? 2007-12-02 06:07:06 Family and friends back home often axe me what I eat for dinner now that I’m living in foreign climes. “Is it all pigs snouts and dumplings full of ants and that?” they ask, like fools. Well, no. It seems difficult to me to order Chinese food for one, and I’m such a busy young go-getter that I’m [...] ...

Chinese Hiring @ the Factory 2007-12-02 05:51:55 I’ve been working in China for 7 months now. It’s weird how fast the time has flew by. When I arrived at Toy State, I worked with 2 other project engineers, working and maintaining all of our new/old projects. In December, one of those engineers was fired. Within one day of being told that [...] ...

The wave of the supply chain acquisitions reaches pure-players 2007-12-01 17:39:40 The wave of acquisition is now moving from integrated solution providers such as SAP or Oracle to pure-player companies and a recent example of that is Sterling Commerce. Sterling Commerce has originally been an EDI service provider. After 2000, the company acquired a number of point solution vendors, such as Yantra (order management software), Nistevo (transportation management systems) and Comergent (catalog management). Today, while EDI still represents 45% of Sterling’s business, the company is looking for more and now is focused on what it calls multi-enterprise integration solutions. Its latest offering, for instance, is an integrated selling and fulfillment solution designed to offer an end-to-end view of marketing, lead management, selling, orders, inventory, delivery and supply, as well as returns, repairs and settlement. According to Industry Week, the success of Sterling’s new offering rests on the answer to one question: “Is the value created by the sum o ...

Bank reserve ratio raised to cool economy 2007-12-01 17:37:27 (Agencies/Xinhua) Updated: 2007-11-11 09:12 China’s central bank will raise the reserve requirement ratio by 0.5 percentage points for commercial banks to 13.5 percent in an effort to cool the booming economy, the People’s Bank of China said late Saturday. It will be the ninth such move this year, aimed at “strengthening liquidity management in the banking system and checking excessive credit growth”, the central bank said in a statement posted on its website. “To strengthen liquidity management in the banking system and curb excessive loan growth,” lenders must set aside 13.5 percent of deposits from November 26, the statement said. The ratio, up from 13 percent, is the highest since at least 1987, Bloomberg reported. “Increasing reserve requirements is the most efficient way to manage the excess liquidity coming from the trade surplus every month,” said Frank Gong, chief China economist at JPMorgan Chase & Co. in Hong Kong. “If inflation continues to surprise on ...

China HR: Orientation Programs 2007-12-01 16:59:06 Sometimes the most basic concepts are the hardest to explain. Fortunately you usually don’t have to worry about explaining the obvious – unless you have decided to manage in China. Then you’ll need to figure out how to explain big-picture issues that seem obvious and “common sense”. One of the things […] Source: China Business & Management Solutions: ChinaSolved ...

Big Guns of the Retention Battle: Health & Retirement Planning 2007-12-01 16:56:47 The team-building weekend was great and the new hires are fired up and optimistic. That’s important. But what do you do about the guys who have been with you for a few years now and are thinking about their lives. More money is great - and no matter what retention plan you choose you […] Source: China Business & Management Solutions: ChinaSolved ... Amp  Health

Direct from the Hong Kong fair ! 2007-12-01 16:54:23 Completing my previous posts on Canton fair, here is a word from the Hong Kong Electronic & Components fair, where AsiaInspection is exhibiting this year for the first time (after having exhibited at other HK fairs the previous years). The fair is organized by Globalsources, the leading online platform “connecting global buyers and suppliers”, who by the way happens to have the same graphical chart than AI (red, black & grey)! It takes place at AsiaWorld Expo, a new exhibition center opened in 2006 in Hong Kong, built conveniently near the International Airport and offering an additional 70,000 sqm space for exhibitions to relieve the “old” HK Convention Center located on the Hong Kong island. After more than 10 years visiting these Asian fairs I am still dazzled by the atmosphere you feel there, and how these events make you sense, in a very tangible way, the 10% economic growth of China ! Source: The Chief Asia Inspector Blog ...

Management Flows Downhill 2007-12-01 16:50:49 China ex-pat managers: You shouldn’t be directly managing more than one layer of your organization’s stucture – at least in your sales / marketing department. If you aren’t tagging your older guys to do the worst, most difficult management tasks, then you are passing up a great training/development opportunity – and depriving yourself […] Source: China Business & Management Solutions: ChinaSolved ...

China Stands Tough Against US Imports 2007-12-01 16:42:52 The NY Times reports: WASHINGTON, Nov. 15 — Few American industries have had more success in selling goods to China than makers of medical devices like X-rays, pacemakers and patient monitors. Which is why a recent Chinese decree was so troubling. The directive, issued in June, called for burdensome new safety inspections for foreign-made medical devices — but not for those made in China. The Bush administration is crying foul. Even more worrisome to the administration is that the directive seems part of a recent pattern in which Chinese officials issue new regulations aimed at favoring Chinese industries over foreign competitors, despite efforts by Treasury Secretary Henry M. Paulson Jr. to ease economic tensions. “There is clearly a growing economic nationalism in China that is leading to discrimination against foreign investors in pillar sectors of the economy,” said Myron Brilliant, vice president for Asia at the United States Chamber of Commerce. To read more: http://www. ...

ChinaSolved unfair to Salespeople! 2007-12-01 16:40:52 Chinasolved needs to come clean about something. We are blatantly unfair to the sales staffs that we train and manage. As your sales team grows, you will be faced with some difficult choices. Many long-term expats come to feel that fairness should be their moral compass when deciding on issues like […] Source: China Business & Management Solutions: ChinaSolved ...

Sales HR in China — Strategic Sr. Manager Wanted. Experience Helpful. 2007-12-01 08:22:25 Just saying Sales HR is strategic to your China business is not enough. You have to step up and act it. That means getting engaged with a wide range of people and problems at every level of your sales department. I love watching managers and owners pass responsibility down the line – […] Source: China Business & Management Solutions: ChinaSolved ...

Are your China sales managers really managing – or just doing their old jobs at a higher level. 2007-12-01 07:23:07 Sales management in China has two aspects: operational and leadership. Good sales-managers are usually the best sellers that the company can lay its hands on. But they also usually have to lead a team that is probably quite management-intensive and is prone to personality and relationship issues. Maybe it’s a […] Source: China Business & Management Solutions: ChinaSolved ...

Novo increases diabetes research in China 2007-12-01 06:19:47 This was a recent article which was posted on the DrugResearcher.com website, by Mike Nagle, on March 5, 2007. It explains the new joint venture between the Danish pharmaceutical company, Novo Nordisk, and the Chinese Academy of Science. Novo Nordisk will continue to exploit the emerging importance of China in pharma research by establishing a new diabetes research foundation there. The Danish pharma company is setting up a joint science research foundation with the Chinese Academy of Science (CAS). The collaboration will concentrate on diabetes and biopharmaceuticals research, including related fields and technologies such as protein chemistry, immunology, inflammation, toxicology, oncology and drug delivery. The new project sees the coming together of two of the pharma industry’s fastest growing markets: China and biopharmaceuticals. Over the next three years, China is predicted to become the joint fifth largest pharma market, alongside the UK with an estimated value of $24bn ( ...

Frontier Biosciences settles in China 2007-12-01 06:19:46 This was a recent article which was posted on the DrugResearcher.com website, by Emilie Reymond, on March 8, 2007. In it, she discusses the recent Acquisition of a Chinese firm by Frontier Biosciences, a US services provider. US services provider Frontier Biosciences has announced that it has bought a majority stake in a China-based preclinical contract research organisation (CRO). With this new deal, Frontier becomes a shareholder and partner in the National Chengdu Center for Safety Evaluation of Drugs (NCCSED) - a contract research lab specialised in drug safety evaluation. The move is designed to enable the firm to boost its preclinical capacity in the country. Significantly reduced costs, shorter duration of the studies, and the possibility of simultaneous approval in multiple markets are just some of the major benefits of doing trials in China, which have contributed to the country’s appeal and more drug makers are outsourcing more and more clinical and preclinical work to Chi ...

Jim Jubak on China’s Future if the US Economy Sinks 2007-11-29 09:58:05 Here is an excellent clip of Jim Jubak on some macroeconomic things to consider. you may remember that I covered a piece of his on logistics last year, and like that piece, he has some things that I agree and disagree with. Currently working on a few posts to address some of the underlying issues he mentions, I done have time to do a full writeup at this point as I am in the middle of cutting a nightmare of a spreadsheet… What I can say is that the questions he asks are ones that we are asking more and more in China. what happens if the US economy flushes itself like many (including myself) see happening. Is China strong enough? Some say china has decoupled (in part or whole), while others say if US goes down, so does China. Anyway, watch this and let me know what you think. I will be back with more soon. http://www.youtube.com/watch?v=ojEGqeI8dsI Read Original Post Here ...