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China Business Blog

China Business Blog
Putting China business news in context. from China Business Services.
Articles: 1, 2, 3, 4, 5

Articles

Bell (Finally) Rings for Telecoms Reform
2008-05-30 10:09:00
It has been a long wait (we flagged it back in November 2006), with lots of talk, lobbying and political positioning, but the long-expected reforms of Chinese telecoms sector have now been announced. The Economist reported: ?BY ANY measure?revenues, employees, customers?it is the largest industrial reorganisation ever. And, reflecting how business is done in China, it ...
More About: News , Strategy , Investment , General , Reform
How to Lose Friends and Alienate (1.3 billion) People
2008-05-30 09:32:00
Well done Sharon Stone ? for providing a classic example of what not to say (see the link below for how she thinks the earthquake was a result of bad karma). The media, and the Chinese people, have been quick to react to La Stone?s almost unbelievable comments. Forget the obvious confusion about politics, religion ...
More About: News , People , Friends , General , Billion
Sichuan Earthquake: Blog Aid
2008-05-21 10:32:00
As the scale of the tragedy in Sichuan has become apparent ? with over 40,000 killed, and millions now homeless - people around the world have responded with generous support for the victims and their families, and for all of China. Donations have been coming thick and fast - most of it from within China ...
More About: News , Earthquake , General , Blog , Corporate Social Responsibility
Stat Wrap: Trade, Inflation & FDI
2008-05-21 10:13:00
While all eyes are rightly on the situation in Sichuan, long-term worries about the economy ? especially inflation ? continue to rumble in the background, and the impact on agriculture in Sichuan could put more pressure on food prices. AP reports: ?China's inflation rebounded in April to near decade-high levels?Consumer prices in April were up 8.5 ...
More About: News , Economy , Investment , General , Inflation
Report: Yangtze Transport 2008 - Accessing China?s Interior
2008-05-21 10:11:00
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 record high ...
More About: News , China , Research , General , Transport
Sichuan Earthquake Support
2008-05-13 10:46:00
Everyone will have seen the news coming out of China about the terrible earthquake in Sichuan . Well done to Shanghaiist for taking the initiative to post about how to support the aid effort. The post (h/t China Law Blog) is reproduced below, and can be linked to from here. "Red Cross Society of China now calling for ...
More About: News , Earthquake , General , Support
Statistics that Don?t Add Up
2008-05-10 11:38:00
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 different ...
More About: Economy , Research , General , Statistics
Laws (and Costs) for Labour, the Environment (and Harmony)
2008-05-10 11:31:00
China Law Blog is on top of things as usual. It points to useful updates on the very topical labour and environmental laws. Environment al Law The environment in China has become a key policy focus, and presents real challenges. China Daily reports on legal developments: ?In order to protect its environment and support economic development, ...
More About: Strategy , Harmony , Laws , General
Angry (and Misunderstood) China
2008-05-10 11:24:00
It was hard to miss the cover of last week?s ?Angry China ? edition on the Economist. It was also hard for a lot of people to accept. Paul Denlinger, at China Vortex blog, wrote a good piece on it, and noted: ?The main gist of the article is that the Chinese government should be worried about ...
More About: News , General
China The Biggest (Polluter ? Again!)
2008-05-05 21:34:00
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 ...
More About: News , Environment , Research , General
China Insider Series: 2008 Beijing Olympics ? Hype & Reality
2008-05-05 21:31:00
China Business Services continues to sponsor the China Insider series, which offers business people, professionals, executives and anyone interested in China a unique insight into how to succeed in communication with Chinese. We are pleased to announce the latest event at Great Eastern Studio in London ? which could hardly be more topical. ?With ...
More About: Events , Reality , China , Olympics , Beijing
Charity Marathon: Support Chinese Children!
2008-05-05 21:28:00
A message from our friends at Mothers? Bridge of Love (MBL)* - a registered UK charity, supported by China Business Services, that helps Chinese children. MBL has registered as an affiliated member of the Edinburgh Marathon 2008 which takes place on Sunday 25th May. We need runners to join the MBL team. This is ...
More About: Children , Events , Charity , General
Stat Wrap
2008-04-28 09:15:00
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 versus the dollar ...
More About: News , Economy , Research , General , Stat
The Carrefour (And CNN) That Chinese Consumers Don?t Care For
2008-04-28 09:12:00
While some have already commented eloquently on how business blogs might deal with Big (political) issues, this one will continue to do what it says on the tin (i.e. put China business issues in context). But some political things are having a business impact (no great surprise there!). Right now Carrefour are getting a taste of ...
More About: General , Chinese , Care , Consumers
Doing (Party) Time
2008-04-28 09:07:00
If you do the crime you can increasingly expect to do the time, whatever the Party affiliation, as Chen Liangyu might tell you these days. He did the crime some time ago, and now at least knows how much time he must do: ?The former Communist Party boss of Shanghai, Chen Liangyu, was sentenced Friday ...
More About: News , General , Time
Visa Trip (Up)
2008-04-21 15:36:00
Many people are reportedly being tripped up by changes to the visa issuing system in China. Over the past few weeks it has become clear that the regulations (including for foreigners living and working in China) are being more strictly enforced. Now further restrictions are being announced, according to Radio Australia: ?Just weeks after it ...
More About: News , General , Trip , Visa
Free Trade Agreements & Dialogues
2008-04-21 15:33:00
It has been a long time coming (we covered developments here in November 2006), but New Zealand recently become the first developed nation to sign a free trade agreement with China. CEP News reported: ?The pact will allow a limited number of Chinese workers to enter New Zealand in order to fill sectors experiencing labour shortages. ...
More About: General , Trading , Free , Trade
More SWF ODI
2008-04-21 15:30:00
We recently had Chinese ODI digging into the mining giant Rio Tinto , and France?s Total. Now it is the UK?s oil company, BP, that is receiving investment from China (in the form of a sovereign wealth fund), as Forbes reports: ?China has quietly accumulated nearly a 1% stake in BP to help secure its ...
More About: News , Investment , General
Economic Update. A Perfect Storm?
2008-04-06 06:33:00
China?s economy may have been spared the worst of the sub-prime write-downs (though the Chinese banking and political system has some interesting experience in the are of non-performing loans!), but the economic situation is not without challenges. Leading the problem pack is inflation. Xinhua reports: ?The Industrial and Commercial Bank of China (ICBC) is forecasting an ...
More About: News , Economy , General , Storm , Update
FX + ODI + OIL = TOTAL
2008-04-06 06:29:00
China?s overseas direct investments (and lucky near misses) are hitting the headlines with increasing regularity. And it is not just the sovereign wealth fund, CIC, that is driving the action. In the latest news, China has taken a stake in Total . The FT (via Bloomberg) reports: ?The Chinese agency that manages the world's largest foreign exchange ...
More About: News , Economy , Investment , General
China?s (Urban) Rise
2008-04-06 06:25:00
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 ...
More About: Economy , Environment , Research , General
Brands for China?s Wealthy Consumers
2008-04-06 06:21:00
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 ...
More About: Research , General , Brands , Wealthy
Retail Reality
2008-04-02 01:45:00
While there can be little doubt that the future of retail in China, and of the Chinese consumer market generally, is full of potential, it is not without its challenges ? as seen by big international players like Best Buy and Kingfisher. Access Asia report in their newsletter on the Best Buy situation under the title: ...
More About: Reality , Strategy , Investment , General , Retail
Timing Is Everything (For ODI)
2008-04-02 01:42:00
More on Chinese overseas direct investment (ODI), and lucky break for Citic Securities. As world markets suffer turmoil, China?s new breed of overseas investors have been walking through a mine field. There are some bargains to pick up, but timing is critical, as Citic have found ? no doubt to their everlasting joy. The International ...
More About: Investment , General , Timing
The NPC & (Some) Super Ministries
2008-03-17 23:13:00
There has been much talk of the current National People?s Congress (NPC) in Beijing, but a good update is provided by the Jamestown Foundation and (form South China Morning Post editor) Willy Lam. He notes: ?The Chinese leadership at the ongoing National People?s Congress (NPC) has announced tough measures to rein in inflation and to promote ...
More About: News , General , Super
China The Biggest: Building
2008-03-17 23:10:00
China is now home to not only the biggest wall in the world, but the biggest building too. It is in the form of the new (UK-designed) Beijing airport?s third terminal, highlights of which include (thanks to Bloomberg): ? 2.95 kilometers (1.83 miles) length, from end to end ? 1.3 million square meters (14 million square feet) of ...
More About: News , Building , Services , China , General
Economic Updates: GDP, Inflation, FDI & Trade
2008-03-17 23:08:00
While the IMF estimates that China?s GDP will grow at 10 percent in 2008, 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 to 6.8 percent for 2008, while January figures indicate CPI ...
More About: News , Economy , Research , Investment , General
Media + WTO = No?
2008-03-03 23:50:00
While China has been hit at the WTO on (among other things) a recent ruling in the auto sector (is it a punitive tax or a measure to counteract tax evasion?), the media remains one of those ?sensitive? industries that plays according to slightly different rules in China?so it is not much of a surprise ...
More About: News , Media , General , Trading
Huawei and 3 Com. Gone.
2008-03-03 23:32:00
While the trend for Chinese overseas direct investment can only go in one direction (if market forces are to be believed), it is not without the odd (politically-inspired) mishap, as Dan Harris at China Law Blog reports (quoting a Wall Street Journal article that quotes him?) in relation to Huawei ?s failed bid for 3 Com: ?My ...
More About: News , Investment , General
The Scandal Of The Hong Kong Photos. (Enough Said)
2008-03-03 23:26:00
Anyone keeping a watch on Hong Kong will have seen the steam rising from endless stories of a sex scandal involving some of Hong Kong?s Beautiful Young Things. A blog post on the subject could not be avoided (and if it generates a record number of hits, so be it ? it worked for ImageThief?and ...
More About: News , Photos , General , Scandal
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