New Era for Going Global

Friday, October 12th, 2007

A recent post pointed to US$200 billion being invested abroad by the state investment fund, but there is plenty of other money seeking an overseas home. The Hong Kong Trade Development Council updates the “going global” story: “According to a latest government statistical gazette, in 2006 China’s net outbound investment reached US$21.16 billion and the […]

Luxury Brands & Some Super-Rich People

Tuesday, October 2nd, 2007

Time Magazine has reported on a luxury brand survey that covers China, India and Russia. The China section is based on interviews with “411 affluent Chinese respondents” at upscale locations in Beijing, Shanghai and Guangzhou. The respondents are reported to earn over RMB15,000 a month. Best-Known Luxury Brands: 1. Rolex (76%) 2. Lacoste (72%) 3. […]

Struggling Giant (And Other Summer Reads)

Monday, August 13th, 2007

Kerry Brown* of China Power List fame has recently published a new book, Struggling Giant, and was promoting it with a talk in London recently. A brief introduction to the book (which, I understand was almost, rather bravely, called China Does Not Exist), is provided by the author below: “Struggling Giant starts off with mapping […]

China The Biggest: Mobile Phones (And In Line for Online As Well)

Wednesday, July 25th, 2007

Last time it was “China The Biggest: Polluter”. This time it is something a bit more positive (at least commercially). Recent news (thanks to Bloomberg) is that China’s mobile phone users may have passed the 500 million mark in June, adding that: “…At the current pace, China will reach the government’s target of 520 million […]

Bookshelf

Monday, July 16th, 2007

It is a while since I did an updated my “bookshelf” post, so here is a note on the recent additions to my recommended reads. Bookshelf • China CEO: A Case Study Guide for Business Leaders in China, Juan Antonio Fernandez & Shengjun Liu Following on from the excellent “China CEO”, this new book is […]

Restated Statistics: GDP

Wednesday, July 11th, 2007

So much for the sizzling stats and surging trade figures reported on these pages recently…not for the first (or last) time, official figures are being revised. This time it is GDP (again). Forbes reports: “China’s National Bureau of Statistics said it has revised upward its 2006 gross domestic product growth (GDP) calculations to 11.1 pct, […]

By Invitation: Sam Crispin on Real Estate in China

Monday, July 9th, 2007

“By Invitation” felt it was time to look at the property market again (the stock market having had all the column inches recently), and our property guru – Sam Crispin, of Crispins Property Investment Management, based in Shanghai – has shared with us the following article, covering everything from “nail” houses and the property law […]

Labour Supply: Falling Short

Wednesday, May 23rd, 2007

There are at least 764 million (and counting) reasons to believe that you will be able to find affordable staff for your business in China. As People’s Daily explains: “China had employed a total of 764 million people by the end of 2006, an increase of 5.75 million people over the year-end of 2005, and […]

The Ports Behind The Trade

Wednesday, May 23rd, 2007

China’s trade growth is well known, and it, unsurprisingly, has had a big impact on port development. According to People’s Daily: “The handling capacity of China’s ports is expected to hit 8 billion tons and 170 million TEUs (twenty-foot container equivalent units) in 2010, according to information from the on-going China Ports and Terminals Summit […]

China’s Competitiveness. More Or Less.

Tuesday, May 15th, 2007

As China’s trade surplus and stock markets rise still further, so does China’s (and Greater China’s) competitiveness – according to at least one report. People’s Daily notes: “[The] Swiss-based International Institute of Management Development, released its World Competitiveness Yearbook on May 10. It raised the competitiveness of the Chinese Mainland by three places, from 18th […]