Archive for September, 2005

News Selection: September, 2005

Monday, September 26th, 2005

Selected news in September includes continued strong export growth, and the view that China will be the biggest exporter in 5 years; a rise in profitability for Chinese industrial firms; the impact of intense competition in the air-conditioner market, and other stories. See the links below for more details, or visit the Blog “News” section […]

Profitability in China: US & EU Reports

Monday, September 26th, 2005

Recent reports from the US and EU Chambers in China both show positive news on profitability of foreign companies in China. The AmCham White Paper reported that 75 percent of US respondents were profitable or very profitable, while the EU Position Paper reported 61 percent were profitable or very profitable, and that 86% were optimistic […]

OECD: China to be Biggest Exporter

Friday, September 23rd, 2005

The Organization of Economic Cooperation and Development (OECD) has reported that China is likely to become the largest exporter, and the fourth largest economy, in the world in 5 years. By then goods and service from China are expected to account for 10 percent of international trade volume, up from 6 percent at present. In […]

China’s National Day Holday, 2005

Friday, September 23rd, 2005

China’s National Day holidays, one of the “golden” weeks in the Chinese caladar will run from 1-7 October. While the usual surge in domestic travel is expected, most businesses will close down for the period. China Business Serices’ London office will remain open, so feel free to contact us.

Competition: Too Hot to Handle

Thursday, September 22nd, 2005

China is an intensely competitive place to do business, and this has been well illustrated by the state of the air-conditioning market. A recent report noted that 27 brands of air-conditioner have disappeared in 2005. Of the remaining 69 brands, 48 have an individual market share of less than 1 percent in major cities, while […]

News Digest: Chinas International Makeover

Tuesday, September 13th, 2005

Following the EU-China Summit in Beijing, Tony Blair reported a dramatic, and positive, shift in Chinas positioning on the world stage. From the US perspective Henry Kissinger, the former Secretary of State, has rejected the China threat argument, and has focused on the increasingly important role that China has in international affairs. In line with […]

CEO TV Interview: EU-China Summit & Textiles Trade War

Tuesday, September 6th, 2005

Jeremy Gordon, Chief Executive of China Business Services, appeared on ITV, CNBC, and BBC news channels to provide comment on the EU-China Summit in Beijing, and on issues relating to the current textiles trade war. Key points included: EU-China Relationship The EU is now Chinas biggest trading partner, and China is the EUs second largest […]

News Digest: Big Bang for the Banks

Friday, September 2nd, 2005

A flurry of investment into Chinas banks heralds new developments in the industry. As foreign banks and investment banks seek market penetration and deal flow, their Chinese counterparts will benefit from incoming expertise, technology, governance and capital. American Express, Bank of America, Citibank, CSFB, Goldman Sachs, Merrill Lynch, Morgan Stanley, UBS, RBS and others are […]