Posts tagged "trade"

CHINA RAILWAY INVESTMENT

No matter how the yuan and stock devalue, how the economy is slowing down, for China, investment must go on! China is quite well known for its transportation and infrastructure sector. Many countries have agreed to cooperate with China to improve their  infrastructure and public transport, moreover for the railway transport. Let's see what has been China planning for the upcoming year...   Domestic Count China's national railway has set the full year fixed assets investment target at an...

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CHINA-ALGERIA COOPERATION

New year, new investments and cooperations for China. Being one of the world's strongest country, China has been 'down to earth' to share its capital and help other countries to improve their infrastructure. Currently, Algeria made a deal with China to build a mega sea port. It's not only big, but MEGA!   3.3 billion USD is the amount of China-Algeria deal to build and exploit the new center transshipment port of Cherchell.   Port Cherchell   The agreement was signed between...

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APPLE PAY ENTERING CHINA

When you live in China, you don't have to worry if you forget to bring your wallet with you, but make sure you bring your Smartphone and you are registered with an app named Alipay. "Ali" isn't this name familiar? Yes, it's part of Jack Ma's Alibaba kingdom. Currently Apple announced that they would launch its Apple Pay in China. How well will Apple Pay grab the Chinese Market?   Entering China Entering China, Apple Pay won't be alone. Together with UnionPay (state-affiliated network...

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RMB TO BE IMF’S RESERVE CURRENCY

Finally, the decision for Chinese Yuan or RMB to be added to IMF's basket of elite reserve currency is finalized. Here is the detail...     Benefit, benefit, benefit... Despite many controversies, analysts say that the IMF’s decision is in large part a political one designed to encourage stronger economic overhauls in the world’s No. 2 economy. Christine Lagarde believes this milestone will be the beginning of many reforms. This move will be effective in the late of next y...

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11.11 EUPHORIA

Hey guys! As I promised in the previous article that I will write an article about this super exciting event in Chinese people's life (lol, sorry for being exaggerated): 11.11 or 双11 (double 11) or Single Day Event. Check this out!     The Idea of Origin   Basically, it's the same as Black Friday in the western world.   Singles' Day or Bachelors' Day was initially celebrated at various universities in Nanjing during the 1990s, and originated from Nanjing University...

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CHINA ECONOMIC SLOWDOWN WITH JACK MA

Who doesn't know Jack Ma... The current richest man in China caused by his agile Alibaba's IPO move in the US market. We know that currently, China's economy has been in the slowdown state, but what does Jack Ma think about this slowdown? Let's take a look ...     Don't You Worry About the Slowdown...   In Ma's opinion, the 'over-reacted' attention from all of the world reflects the global importance of Chinese economy. He added that continuing to strive for the double dig...

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Trade Shows in China 2015 (July-August Period)

MACAO INTERNATIONAL GEM FAIR 2015 Date & Time : Monday 27.7.2015 to Thursday 30.7.2015 Venue : The Venetian Macao Resort & Exhibition Centre ( Hall A+B) - China Products : Precious Stones, Pearls, Diamonds, Fine Jewellery, Others (display & packaging, etc.) Exhibitor : Local 70%; International 30% (more than 10 countries) Trade Highlight : The demand of Asia's gemstones, pearls, diamonds and fine jewellery are growing from time to time. The Macao International Gem Fair conce...

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Top 5 Sourcing Countries

Low Cost Sourcing Destination Options Global sourcing is one of the fastest growing trends in supply-chain management. The convergence of globalization, technology, and business strategy influences global companies’ supply chains, providing them with several options for sourcing suppliers, exporters, and traders in their respective industries.   Aside from products, global sourcing solutions also tap the services and skills being offered by different countries. One of the core reasons ...

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10 Tips to Survive in Guangzhou Canton Fair

If you want to make direct personal contacts, identify suppliers, and find out the ‘ins and outs’ of doing business in China, attending trade fairs are a great first step. However, it is important to bear some points in mind to get the most out of your business visit to China. For many Westerners, China is definitely not the easiest place to travel in.   How to survive in Guangzhou then?   Here are 10 points for your to keep in mind when attending the Canton Fair in Gua...

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What is on Canton Fair October 2014?

The Canton Fair is China’s largest Trade show. Hosted in the capital of the Guangdong province, Guangzhou, it’s a major yearly event for import businesses of all sizes. Foreign business owners visit the fair on bi-annual basis, with hopes and dreams to find reliable Chinese suppliers or importers. Previously, a great majority of the visitors attended the fair to search for Chinese suppliers. But times are changing and nowadays you can find a decent amount of foreign exporters who visit the f...

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