Archive for February, 2006

China Business Services at China Connect

Monday, February 27th, 2006

We are pleased to announce that China Business Services will have a stand at the China Connect event in London on 15th March. See below for details from the organisers, AEISEC: China Connect – The Importance of Local Knowledge in Exchanging with China Date: Wednesday, 15th March 2006 Venue: Old Theatre, Old Building, London School […]

China Develops Patents, Science & Technology, R&D

Monday, February 27th, 2006

China’s move up the value chain continues, with news that patent applications from China rose 44 percent in 2005 to an estimated 2,452 (against international growth of 10 percent to 134,000), according to the World Intellectual Property Organization (WIPO). The US recorded the most applications, but China has overtaken Australia, Canada and Italy The growth […]

Trade To Grow By 15-20 Percent in 2006

Friday, February 24th, 2006

Official media has announced that China’s foreign trade is estimated to increase by 15 to 20 percent in 2006. The Ministry of Commerce (MOC) reported that total trade value may be in the range of US$1.63 trillion and US $1.7 trillion. In 2005 China’s trade value was US$1.4 trillion. The overall trade surplus hit a […]

BP’s Lord Browne on China

Friday, February 24th, 2006

Yesterday, the 48 Group Club and Cambridge Network presented the first Cambridge Icebreaker Lecture – “China and the world economy – prospects and challenges”, which was given by Lord Browne of Madingley, Chief Executive of BP, at the Judge Business School in Cambridge. Lord Browne has a long history in China, and BP is a […]

Could China be Your “Second Home Market”?

Friday, February 24th, 2006

China is such a big market, and so important to the development of some companies, that it is no longer being seen as a part of the traditional “international” startegy. Rather, it may be a “second home market”, as in the case of Danfoss, a 2 billion Euro, valve and compressor business from Denmark. According […]

That’s China, That’s Risky Business

Thursday, February 23rd, 2006

Thanks for Danwei for the heads up on an article by Mark Kitto, known to many in China as the creator of the “that’s” magazines brand. He took on the tightly-controlled Chinese media sector (making more headway than the likes of Rupert Murdoch, for a while) but eventually suffered from the weight of pressure from […]

“Made in China” Message Gets a Spin

Thursday, February 23rd, 2006

“Made in China” may be three of the most used words in the world, but the meaning has changed over time. It no longer indicates questionable quality, and is as likely to appear on technology as on textiles. But some feel the need to make sure we consumers understand that some things are more equally […]

Accounting Rules Go International

Thursday, February 23rd, 2006

China’s Ministry of Finance has issued revised accounting standards, that will bring China into line with the International Financial Reporting Standards (IFRS). The rules will apply to listed companies from 1 January 2007, and will be phased in for other businesses. The new standards include 39 items for corporate accounting and 48 items for auditing […]

Chinese Shoes Get a Kicking from the EU

Wednesday, February 22nd, 2006

Apologies for the – data has been lost

Don’t Let Your Message Be Lost in Translation

Wednesday, February 22nd, 2006

Have you ever been at a loss for words when addressing an audience in China – or when trying to make sense of translated Chinese? A recent report suggests why this might be (assuming you have not been a diligent student of Chinese). It is estimated by the Training Center of China International Publishing Group […]