Posts tagged "International trade"

2016 G20 Summit: Recap

Like every year the leaders of the exclusive group of the G20 have met to discuss important global affairs such as global warming, the economy or terrorism. This year the summit was held in the Chinese city of Hangzhou, in Zhejiang province. This is the first time the group meets in China and the second they meet in an Asian country (the other one being in South Korea in 2010). This year has been marked with the Chinese comments on global trade, the Brexit and the US presidential campaign. Th...

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CHINA’S LIGHTING INDUSTRY

Last time, we've discussed about the IP protection in China. Today, we'll discuss about the more specific issue regarding this IP protection. When China committed to restrict its IP protection, the government also paid more attention to several critical issues and one of them is related to the lighting industry.     Growth in Lighting Industry   Recently, there has been an extravagant growth in the lighting industry as improvements in the China's intellectual property en...

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CHINESE PEOPLE ATTITUDE TOWARDS BRANDS

China may be closed to the outer world one time, but when it opened its door the the outer world, well, you can conclude yourself :) . I wrote this article to give you more insight about Chinese people attitude towards brands. It's very important, moreover for you, who want to enter the Chinese market.     Research Says... Based on research that was done by Cohn & Wolfe about the authenticity of the brands in the eyes of consumers, financial brands like the Bank of China a...

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STEEL PRODUCTION RESTRICTION

China is the world's biggest steel producer, accounting for around 822 million tonnes a year. There was a call from the US, Canada, the EU, Japan, Mexico, South Korea, Switzerland and Turkey to restraint the world's steel production. The call was raised due to the failure of international talks to find measures to tackle the industry crisis.   Selling Steel at a Loss In the past months, record production in China has led to criticism. Analyst saw it as a distortion for international ...

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CHINA’S SEMICONDUCTOR INDUSTRY

Yesterday, I wrote a final essay about how technology changes the way we live. As I reflect, can you imagine how that thing changes our life in many aspects! In daily life, we are spoiled by the internet. Fast, fast, fast. Everything's becoming more and more instant. Even the nature of business has been changing.   Recently, I've been attracted with China's commitment in improving quality. Yes, quality, not quantity anymore. If you are following news about China, China has been helping m...

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CHINA’S PRIORITY IN IP PROTECTION

Last time, we've discussed about one of the biggest downside in China's industry: counterfeit. Chinese government has been trying to beat the counterfeit and increase the Intellectual Property or IP protection. So far, Chinese government has found some brilliant ways to fight the counterfeit. Let's find out the details!   Innovation Stream in China Don't underestimate China! Like I always say, they're really serious in improving their quality and innovation. This innovation has been le...

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THE STABILITY OF CHINESE YUAN

Canton Fair is starting today! Last 2 days ago, I wrote an article that I hope can help you, not to get a culture shock when arriving at China. Today... I'm writing an article about the update of Chinese Yuan, that is the most important thing for your purpose in coming to China.   Chinese Yuan has been a hot topic, since it was planned to add the IMF's reserved currency basket. But, this also makes us nervous as the news regarding Chinese Yuan always change and as we know, in the currenc...

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A LEARNING FROM FACEBOOK AND ALIBABA

Currently, the photo of Facebook's founder, Mark Zuckerberg, jogged at Tiananmen, Beijing in its hazy weather shook the social media world. "Smog Jog" has been the trending topic lately and many criticisms showered the post. Despite many comments and criticisms, Zuckerberg visited Beijing to attend the state-backed economic forum last weekend. This economic forum's purpose was to discuss China's economic plans. Along with Zuckerberg, Alibaba's founder, Jack Ma also attended the forum. Let...

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CHINA’S FIVE YEAR PLAN GLOBAL IMPACT

We've been talking about China's Communist Party annual meeting about its Five Year Plan lately. This time, let's figure out about its global impact!     It's not only about domestic affairs, but also global An analyst said that as China steered itself toward quality development in the next five years, and it will be a critical period of transition, thus, the world should cast their eyes east. The draft of its Five Year Plan (2016-2020) includes policies, priorities, as well as ...

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CHINA FIVE YEAR PLAN: PROS & CONS

Every year on March, Chinese Government's one and only party, the Communist Party of China holds their annual meeting. Hey ho, thanks to this meeting, foreigners cannot access Google, Facebook, Instagram and other things, except Chinese websites. Anytime government has important events, they tighten their what so called "Great Wall", that the VPN (a network to break the "Great Wall" so that we can open our beloved Google) cannot pass through.   The Congress   In the meeting or co...

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