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February 2007
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| CHINA
BY THE NUMBERS |
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| CHINA
BUSINESS HEADLINES |
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VC Players Look East, to China
Mainland China doesn't yet boast a Silicon Valley, but an influx of venture
capital funding in promising new areas could put U.S. startups at a disadvantage
as they compete for funds...
[More]
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M&As Bring China "New Opportunities" in Use of Foreign Investment
The mergers and takeover of local companies by foreign investors have brought
China "new opportunities" and would help the country ascend the world's
industrial chain and make better use of foreign investment...
[More]
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Will China Become a Center for Chip Design?
There is no innovation going on in China in the electronic industry, but there
will be, Harry Rowen, former assistant Secretary of Defence in the US
government, chairman of the US National Intelligence Council and president of
the RAND Corporation told an audience at the Globalpress Summit Conference in
Monterey." There are a thousand US companies with R&D centres in China, there¡¯s
no research, and not a lot of development, but there is a lot of design work,"
said Rowen...
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[More]
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Putting China's Moldmaking Industry in Perspective
The China peril to U.S. moldmakers, and maybe moldmakers everywhere, seems more
anecdotal than factual. Don¡¯t believe it? Read on...
[More]
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Made in China
It is only 20 years since Japan was getting under the skin of many Americans.
They feared that the 21st century would be Japan's, as the 19th had been
Britain's and the 20th America's. Is China now poised to turn the 21st
century into its century? Or will it, despite its phenomenal nearly
two-digit annual growth over the past 15 years, rejoin the human race with a
slower economy...
[More]
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| QUOTES
OF THE MONTH |
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"China continues to be one of the fastest-growing markets in the express
industry and a key to FedEx international growth and profitability," FedEx
Express International President Michael Ducker said in a statement.
[More]
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| DID
YOU KNOW? |
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China's Widening Income Gap
With city-dwellers now earning 3.2 times what rural residents do, workers are
demanding more rights—and Beijing is starting to worry...
[More]
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| COMPANY
IN ACTION |
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Wal-Mart Expands in China With Trust-Mart Purchase
Wal-Mart Stores Inc., the world's biggest retailer, agreed to buy 35 percent of
Chinese supercenter operator Trust-Mart to challenge Carrefour SA in the world's
fastest-growing major economy...
[More]
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Electronics Retailer Best Buy to Expand, Add China Stores
Best Buy Inc. said it would add more stores in China and expand its worldwide
retail square footage about 10 percent in the coming year...
[More]
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US Machine Tool Builder Opens China HQ
Three years after opening its Asian operations in China, US machine tool
builder, Haas Automation, Has opened offices and a showroom in Shangahi...
[More]
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FedEx Expands In China
FedEx Express International completed a buyout of Tianjin Datian W. Group's
50% stake in their joint venture in China on Thursday. It also bought Tianjin
Datian's domestic express delivery network as part of the $400 million deal,
giving it 89 office locations across China to help it compete with UPS, DHL and
TNT in the booming Chinese logistic market...
[More]
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Papa John's Opens 50th Unit in China
Pizza chain franchise Papa John's has reached a milestone in China where it
has opened its 50th restaurant, which is located in Shanghai...
[More]
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| MAGNIFYING
GLASS |
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