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October 2003
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| CHINA
BY THE NUMBERS |
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| CHINA
BUSINESS HEADLINES |
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Outsourcing Service in the Limelight
(October 23, 2003) China has the potential not only to pull in a huge amount of
outsourcing revenue from the United States but can also offer opportunities for
US outsourcing service providers, say industrial executives...
[More]
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China Upgrades Intellectual Property Rights Enforcement
(October 24, 2003) China has stepped up efforts to enforce laws on intellectual
property rights since its accession to the World Trade Organization nearly two
years ago...
[More]
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Chip Demand Rising, But What About Supply?
(October 28, 2003) What does a semiconductor company do when it has a great new
chip design, but all the chip factories are running at full capacity?
Well, it wrestles with - and sometimes loses to - that age-old issue of supply
vs. demand. Analysts say chip companies will soon enter that ring after a
three-year downturn that freed up tons of manufacturing space...
[More]
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China's Web Portals Benefit From Economic Growth
(October 16, 2003) China's Internet content boom continues. Its three largest
Web portal companies - Sina Corp., Netease.com Inc. and Sohu.com Inc. -watch
their U.S. stock prices soar...
[More]
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China's Software Industry Catching up
(October 15, 2003) China's software outsourcing industry is expected to shorten
its gap with India in about three years with the advantage of a huge
domestic market and a rich talent pool...
[More]
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| QUOTES
OF THE MONTH |
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"The great success of China's economy plays an important role in the global
economy, becoming a model for the whole world," said Nobel economics prize
winner Joseph Stiglitz, Professor of Economics of Columbia University.
[More]
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| DID
YOU KNOW? |
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Bamboo Culture
Bamboo is one of the four favorite plants along with Chinese plum, orchid and
chrysanthemum, the so-called Four Men of Honor (Si4 Jun1 Zi3) by the Chinese.
The characters of the four plants are highly admired by the Chinese people so
they want to be just like the four plants. In turn, the plants have possessed
some human nature. This is an example of the harmony between nature and human
being (Tian1 Ren2 He2 Yi1)...
[More]
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| COMPANY
IN ACTION |
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GM Sees China 2nd Only to U.S. in Market
(October 19, 2003) Calling China the world's main engine of growth for the
automotive industry, a top General Motors executive said Sunday it will soon
surpass Japan to become the second-largest car market after the United States...
[More]
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GE Bets on Finance, Power in China
(October 23, 2003) General Electric Co, the world's largest conglomerate, wants
to invest in China's financial sector and capitalize on the country's thirst for
electricity, Chief Executive Jeff Immelt said on Thursday...
[More]
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FedEx Expands Its Presence in China
(October 24, 2003) FedEx Corp., the world's largest cargo airline, is expanding
its presence in China with a new regional headquarters in Shanghai for its FedEx
Express subsidiary...
[More]
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Ford Invests $1 Billion in China
(October 17, 2003) U.S. auto giant Ford Motor Co said on Friday it would
boost investment by more than $1 billion in China over the next few years to
expand output seven-fold in the world's fastest-growing major car market...
[More]
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Oracle Set to Forge Deeper into China
(October 29, 2003) US software maker Oracle said it has expanded and upgraded
its operations in China to meet the fast growing needs of international and
local companies in the Chinese market...
[More]
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| MAGNIFYING
GLASS |
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China Syndrome
The world economy is at a crossroads. Continental Europe is stuck, emitting only
faint signals of revival. Little surprise--no region can ever grow under the
gravity of declining populations, 35-hour workweeks and scant entrepreneurs,
especially those of the immigrant variety...
[More] |
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