Report: Yangtze Transport 2008 – Accessing China’s Interior

Wednesday, May 21st, 2008

Our old friend David Lammie at Yantze Business Services provides news of their updated report on Yangtze river ports. Yangtze container volumes increase 38 per cent in 2007 as domestic trade surges; Huge spending on transport networks opens up the interior to more inward investment Container traffic volumes on the Yangtze River surged to a […]

Statistics that Don’t Add Up

Saturday, May 10th, 2008

China is a big, fast-moving place, and it generates A Lot of statistics. These statistics get fed in to economic models, are relied upon when making business decisions, and are even written about in blogs…but can they be trusted? We have noted problems with Chinese statistics before – restated GDP numbers , different figures from […]

China The Biggest (Polluter – Again!)

Monday, May 5th, 2008

We reported in March 2007 that China was, by some estimates, the biggest polluter in the world (but not, thankfully, in a per capita sense – something comfortable western consumers, and their media, would be well advised to remember when comparing and contrasting lifestyles). Anyway, now it is doubly official. According to the BBC “China […]

Stat Wrap

Monday, April 28th, 2008

GDP growth sets the pace in the latest round of economic statistics out of China – with thanks to Bloomberg. • “China’s economy grew 10.6 percent, faster than estimated… from 11.2 percent in the previous three months”. • “Consumer prices climbed 8.3 percent in March, the statistics bureau said”. • “The yuan closed at 6.9918 […]

China’s (Urban) Rise

Sunday, April 6th, 2008

Urbanization has already had a huge impact on China, but a new McKinsey report (h/t All Roads Lead to China) entitled “Preparing for China’s Urban Billion” brings it into focus: “The scale and pace of China’s urbanization promises to continue at an unprecedented rate. If current trends hold, China’s urban population will expand from 572 […]

Brands for China’s Wealthy Consumers

Sunday, April 6th, 2008

While McKinsey are talking about China’s Urban Billion, others have (rather optimistically) written about a billion Chinese customers. There is no doubt that China does have a growing (and changing) consumer market, but it is challenging to understand and even harder to access. Luckily, plenty of research is being done. China Law Blog points to […]

Economic Updates: GDP, Inflation, FDI & Trade

Monday, March 17th, 2008

While the IMF estimates that China’s GDP will grow at 10 percent in 2008 (below an earlier NDRC estimate), a bigger number, which is causing more angst is that for inflation. Already hitting the headlines (and driven by food price increases) Goldman Sachs recently increased its prediction from 4.5 percent (which was in line with […]

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 […]

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 […]

The Nouveau Riche Niche

Friday, November 9th, 2007

The Harmonious Society is a worthy aim indeed, but it is (or was) also glorious to be rich. We already know something about what the merely wealthy like to buy, but Forbes gives some insight into who those at the top of the pile in China are today. “All 40 members of the Forbes Asia […]