Archive for January, 2008

By Invitation: Sebastian Huber on Foreign Media In China

Thursday, January 31st, 2008

Business is increasingly done without regard to national borders, and what a company does, or is perceived to do, in one market may be scrutinized in another. This might not be a problem but, where “normal business practices” differ (as in China vs. the West), companies can find they have to deal with a range […]

Event: Great Eastern Studio Chinese New Year Launch

Thursday, January 31st, 2008

Great Eastern Studio presents the China Insider series Launch Party – celebrating the Chinese New Year – on 5th February, 2008. Great Eastern Studio (sponsored by China Business Services) is ringing in the Chinese New Year of the Rat with its launch party. Anyone interested in learning more about Chinese culture and business etiquette is […]

GDP In 2007 (And 2008 Projections)

Thursday, January 24th, 2008

The Chinese economy grew at a rate of 11.4 percent in 2007 according to a report just released by the National Bureau of Statistics (and reported by AFP). The rate of growth was ahead of the target (but close to recent estimates), and came together with (mainly food-driven) inflation at an 11-year high. AFT notes: […]

Bears Take On The Bulls in China

Thursday, January 24th, 2008

The markets have been having a rough ride lately. Could it be the end of the bull run in China? Is it simply that China is following other markets, or is it down to local news of new issues and sub-prime exposure? China Herald comments: “Up to not so long ago China’s relative isolated financial […]

China The Biggest: Gold Producer

Thursday, January 24th, 2008

China does it again, this time on gold production. According to Forbes: “As it has done in many other manufacturing industries, China has made the most of its cost advantage to become the world’s largest gold-producing country, replacing South Africa. The news was confirmed by London precious metals consultancy GFMS when it announced on Thursday […]

China ODI Update

Thursday, January 17th, 2008

It has taken a long time, and there have been a few growing pains along the way (including CNOOC/Unocal and China Mobile/Millicom), but there can be little doubt that China has truly arrived on the overseas direct investment (ODI) stage. 2007 saw the launch of the China Investment Corp., the sovereign wealth fund, which is […]

Don’t Quote Me (On Winning Strategies)

Thursday, January 17th, 2008

Over the page from China Daily’s coverage of Apple’s grapple with China Mobile, there is an interesting (PR) piece on GE. Jack Wen, President of GE Energy in China, is quoted as follows: “We have a saying: ‘If you come to China and nobody in China wins, you are not going to win’” In contrast […]

China Mobile Eats Apple for (i)Breakfast

Thursday, January 17th, 2008

News of China Mobile’s rejection of Apple’s iPhone advances has received a lot of coverage – and it has lots of good ingredients for a story: An iconic western brand is trying to bring its latest headline-grabbing gizmo to China, where there are now over 539 million mobile phone users (including quite a few who […]

How Big Is China’s Economy?

Monday, January 14th, 2008

“Lies, damn lies, and statistics”, or so the saying goes. And now there is another example of figurers being questioned. China has a (very) big economy – in case anyone missed it overtaking Germany last year – but there is some debate, as reported by People’s Daily: “China’s GDP may be 40 percent smaller than […]

A Dividend from SOEs

Monday, January 14th, 2008

It was previously reported that key SOEs might have to pay dividends to the central government. Having seen profits rise by 30% in 2007, it is now confirmed that SOEs are getting the call. Xinhua reports: “China’s centrally administered state-owned enterprises (SOEs) are expected to see annual profits leap some 30 percent in 2007 buoyed […]