Owner: Top China Suppliers - Best of China Suppliers URL:http://www.topchinasuppliers.com Join Date: Fri, 03 Aug 2007 07:49:32 -0500 Rating:0 Site Description: Hand selected Chinese suppliers. 30+ categories, updated daily! Site statistics:Click here
Online Marketing Boosts Net Profit At Baidu.com 2007-08-03 00:00:03 Internet-search provider Baidu
.com Inc. said its second-quarter net profit more than doubled from a year earlier. During the second quarter, we saw robust revenue growth and a healthy increase in online-marketing customers, Chairman and Chief Executive Robin Li said. Beijing-based Baidu. Read Original Post Here
Read more:Marketing
, Online Marketing
IMF: China Drives the Global Economy 2007-08-03 00:00:01 Global economic output is growing faster than was expected just a few months ago, fueled by demand in China
and other developing countries, the International Monetary Fund said. China alone will account for about a quarter of global growth this year, IMF officials said. Read Original Post Here
Read more:Global
Disease Outbreaks Lead to Bans on Poultry and Pigs 2007-08-03 00:00:01 Beijing has banned direct and indirect imports of poultry and poultry products from Germany, the Czech Republic and the U.S. state of Virginia due to outbreaks of bird flu there, the Ministry of Agriculture said. It has also banned any direct or indirect imports of pigs, wild pigs and their products from the former Soviet republic of Georgia due to an outbreak of pig pestilence, it said. Read Original Post Here
Read more:Poultry
Barclays Deal Flags Shift to ‘Sovereign Investments’ 2007-08-03 00:00:00 Governments around the world, flush with cash and no longer content with the meager returns to be had on safe but low-yielding investments like U.S. Treasurys, are becoming increasingly aggressive players on the equity front. Read Original Post Here
Read more:Barclays
, Shift
, Investments
China Everbright Securities Plans Listing 2007-08-02 23:59:59 China Everbright Securities
Co. said it plans to complete an initial public offering in the first quarter of next year, joining a raft of brokerages aiming to list shares. The stock market has sizzled in the past two years to reach records, generating a stream of income for brokerage firms from new funds flowing into the market. Read Original Post Here
Read more:China
U.S. Sends Delegates to Discuss Safety Pacts 2007-08-02 23:59:59 The U.S. Department of Health and Human Services sent a senior official to China to discuss improving China’s food and drug safety by the end of the year. Mike Leavitt, secretary of Health and Human Services, dispatched his chief of staff on a fact-finding mission to Beijing. Read Original Post Here
Read more:Safety
Beijing Changes Tack on Venture Capital 2007-08-02 23:59:58 The Ministry of Commerce hopes to harness foreign expertise without bringing in additional capital inflows by encouraging foreign funds to do deals in local currency. It is currently revising rules on how foreign-invested venture-capital firms operate, the ministry said in a statement response to a Dow Jones Newswires inquiry. In the past, foreign venture-capital funds, such as U.S. Read Original Post Here
Read more:Beijing
, Venture
China Lifts ADB’s East Asia Forecast 2007-08-02 23:59:58 Sustained growth momentum in China
led the Asia
n Development Bank to raise its economic growth forecast for emerging East Asia this year to 8.1% from its previous forecast of 7%. The bank added that capital flows into the region, which reached a record $269 billion in 2006, present challenges for governments trying to manage increasing appreciation pressure on currencies and asset prices. Read Original Post Here
Read more:Forecast
Moody’s, S&P Approve of Reforms 2007-08-02 23:59:58 Moody’s Investors Service upgraded China’s foreign-currency credit rating by a notch to A1, while Standard & Poor’s Ratings Services revised the outlooks on its long- and short-term China ratings. The upgrade wasn’t a surprise, given that Moody’s previous rating had a positive outlook and given the steady improvements in China’s credit fundamentals. Read Original Post Here
Read more:Moody
, Reforms
Franshion IPO Could Raise $425M 2007-08-02 23:59:57 Franshion Properties (China) Ltd. plans to raise as much as $425 million in a Hong Kong initial public offering ahead of an August 17 listing, according to a term sheet. Franshion is selling 1.41 billion new shares, or 30% of its enlarged share capital, in an indicative price range of HK$1.85 to HK$2.35 (24 to 30 U.S. cents), the term sheet said. Read Original Post Here
U.S. Steelmakers Decry Subsidies 2007-08-02 23:59:56 A group of American steel associations say China steelmakers get tax breaks, loans and all manner of government subsidies that make for unfair competition. The group published a report aimed to sway import-duty hearings held by the International Trade Commission, which is deciding whether to continue leveling extra charges on hot-rolled steel from several countries, including China. Read Original Post Here
Read more:Subsidies
Product Recall. PR Premonition. 2007-08-02 23:41:36 News of dangerous and bad-quality products coming out of China has come thick and fast recently. Many seem to blame China for not regulating manufacturers more efficiently – and they are making efforts to improve - by arresting (and even executing) corrupt officials, and by closing down or revoking export licenses for the worst offenders.
While supporting the need to improve things at source, I believe that companies buying from China (or from anywhere) also need to take responsibility for the quality and safety of the goods they brand and sell on to their consumers.
The latest news is about the toy-maker Mattel, and it comes on two fronts. One via a PR offensive, the other via a product recall.
ImageThief posted an interesting article on July 30th about how Mattel, almost alone among toy-makers, had given a New York Times reporter access to their operations, and notes:
“It sets Mattel up as an example of how to manage overseas manufacturing, dwelling at length on what the comp Read more:Premonition
Trade With China: 7 Myths and Facing Protectionism 2007-08-02 17:54:47 In doing some research on the currency bill (post coming soon), the actors behind the movement, and the underlying issues, I cam across tow documents that are must reads: Seven Myths
about U.S. - ChinaTrade
and Investment authored by the U.S. China Business Council and Facing
Protectionism Generated by Trade Disputes authored by Wing Thye Woo and Geng Xiao of Brookings Institute.Seven Myths about U.S. - China Trade and Investment (PDF download here) is a simple 2 pages that breaks with members of the administration
American companies invest in China to shift jobs there and export back to the United States
China is causing the decline of American manufacturing
China’s market is closed to American companies
China WTO entry was a bad deal for America
China doesn’t allow American companies operating there to be profitable
China’s undervalued currency creates a large trade deficit and prevents American companies from selling more to China.
China forces American compan
A Guide To Doing Business In China 2007-08-02 12:28:56 Click here for free access to this article by The McKinsey Quarterly. (http://www.mckinseyquarterly.com/article_abstract_visitor.aspx?ar=1464 l2=21 l3=33 srid=7 gp=1) Read Original Post Here
Read more:China
, Guide
, Business
Securing Your Supply Chain in China - Part 2 2007-08-02 10:51:01 Part 3 starts off with a case study of working with a car accessory project (wanted a quality product at a savings) that started with 30 suppliers, and then narrowed down to 5..
but there were some issues:
All of them were trying to aggressively looking to expand to U.s., so educating a potential competitor
Decision was made to find to use his firm to do assembly, packaging, and export as a firewall
no big surprise, and the case is pretty basic
http://www.youtube.com/watch?v=0dxTb4Nevqo
For anyone dealing with a commodity like brake pads, this is going to be the case. Especially if one can find 30 suppliers that are readily accessible to a search. Were the product more specialized, perhaps the maturity of suppliers would be lower, but one would be hard pressed these days to find a supplier that is not going to Europe for a trade show.
The big takeaway from this part is that it is best to use a firewall, and I agree wholly.
It prevents the supplier from identifying the ultimate bu Read more:China
, Supply
, Chain
Ningbo AUX Group 2007-08-02 02:14:59 Relying on Human Resources and Managing by Trust have been the Corporate Spirit of Ningbo AUX Group
. Ningbo AUX Group has made great strides in Electrical Meters and Household Appliances after 13 years research and development. At present it is one of the biggest giants in manufacturing electrical power and a household appliance, with USD3.5 Billion in assets, more than ten thousand staff currently engaged in building a National Post Doctoral Workstation and is also a National Key High Tech Enterprise.
(more…)
Ninbo Haitian Group Co., Ltd. 2007-08-02 01:58:45 Ningbo Haitian Group
Co., Ltd. was established in 1966. After 39 years of development, the group has become the national large-scaled enterprise, being chair unit of China Plastic Machine Industry Association and vice chair unit of China Light Industry Machinery Association. Moreover, it is also the excellent private enterprise of China approved by Technology Information Promotion Systems of UN (TIPS), and one of the first which have passed the certification of CE and ISO 9001 International Quality Systems (2000 edition). Currently the group owns total assets of 2.56 billion yuan, and is AAA-grade credit enterprise. In 2004 the output value amounted to 3.28 billion yuan. The group covers an area of more than one million sqm and possesses over 2000 staffs. It is the largest production base of plastic machinery in China .
(more…)
Why Good News in Iraq might be Bad News for China 2007-08-05 17:38:21 Western managers and investors with China
exposure should pay close attention to Congress next month – but it’s not the standard-issue protectionist measures that they have to worry about. General Petraeus is due to issue his State of the Surge report in September – and there are indications that it might not be all bad. […] Read Original Post Here
Read more:Iraq
, Bad News
Faces of China Future, and How to Get Around the G F W 2007-08-05 16:07:24 While I do not have my RSS feeds up and running at 100% yet, I thought I would share three blog posts that really set themselves apart this week. If you have an article, blog post, or report you think should be highlighted, please let me know. I cannot promise it will make the cut, but I will do my best to read it!
Society Snapshot: Faces of the Future
For those who are interested in the future of China
, and its little emperors and little empresses, I highly suggest reading this post. While only a few pages long, this post introduced at three issues that China will face over the next 20 years or so: food availability vs obesity in China, little emperors vs. aging population, free education for all. Far short of answering the critical questions, the strength of this post lies in keeping it simple and peaking the interest of readers. For those looking to sell into China, this is a post for you.
My Website’s Blocked! How Can I Unblock My Website? and Damn The Censors!
China Webmast
A Guide To Doing Business In China 2007-08-04 14:56:21 Click here for free access to this article by The McKinsey Quarterly. (http://www.mckinseyquarterly.com/article_abstract_visitor.aspx?ar=1464 l2=21 l3=33 srid=7 gp=1) Read Original Post Here
Read more:China
, Guide
, Business
GUANGZHOU PEART RIVER PIANO GROUP LTD. 2007-08-04 03:01:24 With six piano shops and 100 employees in 1956, the Guangzhou Piano Factory repaired and rebuilt pianos for a very small market. After many attempts, Guangzhou technicians were finally satisfied with the tone color and quality of its first manufactured piano, and in a short time it was sold in Hong Kong. It would be twenty years before the factory was able to prove its potential, the cultural and economic revolution having opened domestic and foreign markets to Pearl River Pianos. (more…)
BUSEN Group 2007-08-04 02:20:38 BUSEN Group
，One of the largest men’s wear manufactory, specializes in men’s suits, shirts , and trousers, as well as casual wear .
Established in 1984, BUSEN Group has now included 4000 high-quality technicians and staff members, consisted 7 factories, 15 domestic branches and 2 overseas trading companies, as well as modernized factory building after continuous and stable development. (more…)
Ningbo Ruyi Joint Stock Co., Ltd. 2007-08-04 02:11:32 Ningbo Ruyi JointStock
Co., Ltd. specializes series Hand Pallet Trucks, Electric Pallet Trucks, Electric High Lift Trucks and Electric Scissor Lift Tables with “XILIN” as their brand, is the largest manufacturer for hand pallet trucks in Asia. Our assets is 1.8 hundred million RMB. And our bank credit grade is AAA. We have 618 workers, and 115 technicians and engineers.
(more…)
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