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Business in China



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3Vote!

China Business And Regulation. The Times They Are A Changing.

The Asia Business Media Blog just did a post, entitled, "China's attitude hift," on a James McGregor talk Woodward attended today in Hong Kong. McGregor, a "journalist, media entrepreneur, investor and long-time resident of China gave a sobering talk" on how China is beginning to treat foreign businesses in its midst: McGregor says that he loves both countries, but he thinks there...

3Vote!

Is the foreign business community fed up with China? Panda-huggers vs. dragon slayers

Here's a short take on that from Gady Epstein of Forbes. For some background on the debate, here's the article that got the discussion started, by James ("One Billion Customers") McGregor. He writes, "In my more than two decades in...

+Vote!

China's XCMG posts soaring business revenue in 2009

XCMG Construction Machinery Co., Ltd.(XCMG), China's largest construction machinery maker, said Tuesday its business revenue in 2009 surged 30.3 percent year on year to nearly 20.7 billion yuan (3 billion U.S. dollars). In its annual report of 2009 to the Shenzhen Stock Exchange, the company said its 2009 net profit reached 1.74 billion yuan, up 16.4 percent year on year. The earnings per share stood...

5Vote!

China Exports Show Trade Recovery on Track

China's January imports, exports up strongly, suggesting trade recovery on track China - International trade - Export - Asia - Business and Economy

+Vote!

China exports show trade recovery on track

China's export growth accelerated in January and imports rose, adding to signs a recovery in global and Chinese demand is on track. January exports rose 21 percent from a year earlier, up from 17.7 percent growth in December, customs data showed Thursday.... China - International trade - Export - Business - Asia

+Vote!

SSAB Continues to Invest in Quenched Steels

STOCKHOLM--(BUSINESS WIRE)--Regulatory News: SSAB (STO:SSABA) will resume the project for a new advanced line for quenched and tempered (QT) steel plate in Mobile, Alabama. In addition, a decision has been taken to construct a finishing line at SSAB’s plate center in Kunshan, China. Together, the investments total SEK 2.2 billion (approximately US$ 300 million). The QT line in Mobile is a part...

3Vote!

China overtakes Germany as world top exporter

Germany's multi-year reign as the world's No 1 exporter is officially over, with the crown formally passing to rising China after new figures showed that German exports slid by nearly a fifth in 2009, the biggest decline in 60 years. Tuesday's German government figures only confirmed an open secret: China's runaway growth and resilience amid the financial crisis put its exports ahead of Germany, which...

3Vote!

Toyota recalls 155,000 Prius and Lexus vehicles in U.S.

Toyota Motor Corp. announced early Tuesday in Washington that it would recall another three models in the United States -- covering 155,000 vehicles -- one day ahead of a congressional hearing. This is the third round of recalls by the auto giant in the last two weeks. The recalls involve 133,000 2010 Prius vehicles and 14,500 Lexus 2010 HS 250h vehicles, in a bid "to update software in the vehicle's...

+Vote!

Honda adds more woes to Japan's automakers with massive recall

Japanese automaker Honda added a further 437,700 cars, including 4,000 in Japan, to a recall over a faulty airbag in some of its models on Wednesday, just a day after Toyota started repairs on hundreds of thousands of its vehicles over a possible fault with the brakes in some of its automobiles. The Honda recall has now spread to around 1 million cars, and is over a problem that can lead its airbags...

+Vote!

Saudi Arabia, Angola, Iran remain top 3 oil suppliers to China

Saudi Arabia, Angola and Iran remained the three largest oil sources for China in 2009, with the three supplying 47.7 percent of China's total imports, according data released Wednesday by the General Administration of Customs (GAC). GAC figures showed that China's oil imports from the three nations last year stood at 41.86 million tonnes, 32.17 million tonnes and 23.15 million tonnes, respectively....

+Vote!

Tianjin becomes homeport for int'l cruise liners

Tianjin Port in north China will open to international cruise ships for refueling and maintenance in June this year, the port operator said here on Wednesday. China currently has three so called homeports where refueling and maintenance facilities are available for international cruise liners , these are Shanghai, Xiamen in Fujian Province and Sanya in Hainan Province, which are all in the south. The...

+Vote!

S Korea, EU to officially sign free trade deal in April: S Korean gov't

South Korea and the European Union ( EU) have decided to officially sign in April a free trade agreement between the two and implement the deal within this year as previously planned, Seoul's Ministry of Foreign Affairs and Trade said Wednesday. The trade pact was initially expected to be sealed in the first quarter of this year, but translation works on the part of the EU and the official inauguration...

+Vote!

Tibet's Chamdo brings in 280 mln yuan in 2009

Chamdo Prefecture in eastern Tibet introduced 280 million yuan (41.02 million U.S. dollars) in investment from other parts of China and the world in 2009, up 37 percent year on year, according to Tibet Daily. In 2009 Chamdo signed 18 projects involving investments from home and abroad. In doing so, Chamdo tried to make full use of its advantages in resources, policies and its investment environment....

+Vote!

Chinese company to implement Baotou's rare earth reserve plan

A subsidiary of China's Baotou Steel Rare-Earth Company will be responsible for implementing a strategic rare-earth reserve plan of Baotou City in Inner Mongolia Autonomous Region, the company said Wednesday. In a statement to the Shanghai Stock Exchange, Baotou Steel Rare-Earth said the plan would be undertaken by its subsidiary Baotou Steel Rare-Earth International Trading Corporation. The company...

3Vote!

Major Chinese carmakers' 2009 pre-tax profit grows 68 percent after 2008 contraction: association

Profit before tax for China's 17 major carmakers surged 68 percent year-on-year in 2009, after negative growth in 2008, the China Association of Automobile Manufacturers (CAAM) said Tuesday. The 17 carmakers, which produced more than 90 percent of Chinese-made cars, expect combined profit before tax climbing to 224.1 billion yuan (32.8 billion U.S. dollars) in 2009, CAAM said. CAAM said preliminary...

The 3 latest articles published by users on Business in China :

6Vote!

China Pharmaceutical Industry: Analysis and Market Trends - visionshopsters.com

China Pharmaceutical Industry: Analysis and Market Trends - visionshopsters.com - visionshopsters

The domestic pharmaceutical market is highly fragmented and inefficient. China, as of 2007, has around 3,000 to 6,000 domestic pharmaceutical manufacturers and around 14,000 domestic pharmaceutical distributors. Most often cited adverse factors include a lack of protection of intellectual property rights, a lack of visibility for drug approval procedures, a lack of effective governmental incentives,...

3Vote!

How can you do a good business in wholesale jewelry

Nowdays,there are so many wholesale jewelry suppliers,as a wholesale jewellry seller,how can you do a good business? Fristly,your role is fundamentally to market a product whose authenticity & quality you cannot verify to a customer you do not know. & the bonus: you have no control over the order fulfillment method. Hmmm... how lots of things can go wrong here?! This approach to sales is clearly not...

3Vote!

COFCO Limited - SWOT Analysis - Aarkstore Enterprise

COFCO Limited - SWOT Analysis - Aarkstore Enterprise - aarkstores

COFCO Limited - SWOT Analysis company profile is the essential source for top-level company data and information. COFCO Limited - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy. COFCO Corporation (COFCO), a government-owned company, is a diversified products and services supplier in...