|
|
 |
 |
 |
 |
   |
|
|
November 2005
|
|
|
|
|
| CHINA
BY THE NUMBERS |
| |
|
|
|
| |
| CHINA
BUSINESS HEADLINES |
| |
|
Report on China Frustrates Critics
The Treasury Department disappointed critics of China's trade actions Monday by
officially concluding that Beijing is not manipulating its currency to gain an
unfair edge in global markets...
[More]
|
China's IC Industry Growth Remains Slow In Q3
China's IC industry maintained a slow pace of growth in the third quarter, due
to sluggish world semiconductor market...
[More]
|
China's Too-hot Economy is Prompting Firms to Look Elsewhere to Invest
Steel is the measure of an industrial economy. Or so thought Chairman Mao when,
to achieve his utopian Great Leap Forward in 1958, he ordered the masses to quit
their communal fields and instead melt woks and teakettles to forge pig iron in
farmyard blast furnaces. The man-made famine that followed killed millions.
Today a sequel of sorts is unfolding¡ªbut it's a crisis of plenty, not want.
China has built so many steel foundries in recent years that it is poised to
flood global markets...
[More]
|
Online Shopping Becoming More Popular In China
Online shopping is becoming a trend in China, which is growing into a huge
market for online consumption along with the swelling population of netizens
across the nation, according to latest market research made by leading
consulting firm AC Nielsen...
[More]
|
China's Coal Industry To Maintain High Profitability
China's coal industry is likely to maintain high profit margins in the next
five years as the country's coal demand is expected to continue with a firm
growth and keep the coal prices at high levels, according to a forecast made
by the Development Research Center of State Council...
[More]
|
|
|
| |
| QUOTES
OF THE MONTH |
| |
|
"The real golden age (of Internet in China) will come in three to five years and
it will be a golden age for big deals on the capital markets," said Victor Koo,
the former president of the top Chinese Internet portal Sohu.com Inc.
[More]
|
|
|
| |
| DID
YOU KNOW? |
| |
|
Foreign Firms In China Suffer Heavy Brain Drain
Foreign companies in China are suffering from a heavy brain drain with an
average dropout rate of 16.7 per cent this year, according to a survey by the
Shanghai Association of Foreign-Invested Companies...
[More]
|
|
|
| |
| COMPANY
IN ACTION |
| |
|
Citigroup Invests in China Firm
Citigroup Inc's venture capital unit has invested $25 million in one of China's
biggest firms providing loan guarantees to small and medium enterprises, a
senior Chinese executive said...
[More]
|
VC Nation: Excited and Wary, Investors Look at China
China's high-technology community, with its brains and competitive spirit, is
probably more like its counterpart in Silicon Valley than any other in the
world. Yet Silicon Valley's views of investment in China have tended to swing
between wild optimism and deep anxiety - with the anxiety going beyond a fear of
losing money. Some worry about helping Chinese start-ups move up the technology
food chain...
[More]
|
A-B Sees Booming Business in China
Anheuser-Busch Companies has set up 14 breweries in China, said the chairman of
board August Busch III. "Now we have 15 breweries outside the United States, 14
in China and the other in the United Kingdom. China has a large market for beer.
Our business sees booming growth," said Busch III at the recent Wuhan
international consultant conference in central China's Hubei Province...
[More]
|
U.S. Farmers Eye China's Growing Market
China's huge population and rising standard of living have U.S. farmers
hoping the Chinese will cross culinary lines and sample fare that's a little
more foreign to them...
[More]
|
Distribution Centers Roaring In China
There is a rush to build distribution centers (DCs) in China, following the
recent massive manufacturing surge. But there may be one more important reason
for this movement. The cost of warehouse workers in China is $2 an hour, while
in the U.S. it's $14 to $15 an hour...
[More]
|
|
|
| |
| MAGNIFYING
GLASS |
| |
|
A Reality Check on China
If you want a reality check on China's economy, look no further than the copper
market. It's a story that reads more like a spy novel than financial news: A few
weeks back, markets buzzed with rumors as Liu Qibing, a well-known metals trader
for China's government, went missing. It happened amid talk someone had taken a
huge short position - selling copper futures in a bet prices would fall - and
was losing big as the market went the other way. The government at first denied
Liu even worked for it...
[More] |
|
|
|
