Growth That Continues on Unhindered China’s exports and imports both rose faster than expected in July, producing a trade surplus of $31.5 billion, the largest in more than two years. This figure rose from $22.3billion in the previous month. Prior to this, in May, the activity of China manufacturers had...
About the Holidays A major complaint and hurdle that foreign companies encounter with China manufacturing and China Sourcing is delays of final delivery dates. It is not unusual for a delivery to end up being made 2 weeks later than expected by the buyer. However, most of these delays are...
Current oil issues in China The price of oil seems to be a constant feature in world news today. With instability in the Middle East, debt crises in many western countries and the constant growth and industrialization of China there are many strains upon our natural resources. China, the most...
China Calling on their Debtors China has called upon the United States to "cure its addiction to debts" and "learn to live within its means" after the recent downgrading of US debt by the credit rating agency Standard and Poor.’ (BBC news website, 17th Aug) China is the largest creditor...
Although I have been in Beijing nearly two months, I only just recently ventured out into the Beijing nightlife. There was too much to see and to experience here aside from clubs and bars. However, I find it is also part of experiencing a foreign culture in my opinion, alongside...
Background On July 10 2011, CCTV, during their "Weekly Quality Report" produced a report titled: "DaVinci Furniture, Alleged Identity Fraud." The report discussed how DaVinci Furniture became known as influential supplier of high-end and expensive Italian made furniture. DaVinci sales staff commented on why the company can sell their furniture...
Beijing - August 10. In Dalian city, construction of the aircraft carrier ‘WaLiangGe’ was completed and in 10 days following its complete, the vessel left on its maiden voyage from its homeport to carry out various training exercises. The aircraft carrier has conventional power with a full load displacement of...
After its tremendously rapid growth and incredible rise to one of the top economies in the world, China now has to face the challenge of ensuring continued progress. Over the past 15 years the Chinese economy has expanded by an average of around 10% a year. It's hard to say...