China's harmony express
On 30 June 2011, China opened a landmark rail link between its two largest cities, Beijing and Shanghai. The 1,318 km line, which crosses seven provinces and shrinks the journey between Beijing South Railway Station and Shanghai Hongqiao Railway Station to under five hours – half that of conventional trains – is...
Branding on the Mainland
Alex Lau, Manager of the Intellectual Property Centre at the Federation of Hong Kong Industries, is an IP advisor to the Hong Kong Trade and Industries Department. He recently spoke at a China Business Workshop, organised by the Hong Kong Trade Development Council, on how to brand on the Chinese mainland. For the full...
Fonterra’s new Chinese dairy farm
Fonterra has bought its third dairy farm in China – for $US40 million. The company announced today they had signed an agreement with the government of China's Yutian County to develop a new dairy farm in Yutian County, Hebei Province. For the full story, click here
Global mobility poses challenges to company staffing: ...
The top three main challenges foreign companies face when posting employees in China are compliance issues, elevated compensation and immigration issues, a survey by Ernst & Young has indicated. As companies try to compete in rapidly growing economies, postings to developing markets such as Brazil, Russia, India, China...
Daimler to Invest €2 bln for Car Production in China
German automaker Daimler AG will invest €2 billion to expand Beijing Benz Automotive Co. Ltd., its joint venture with Beijing Automotive Industry Corp. (BAIC). Daimler and BAIC signed an agreement to produce 4 types of new compact cars and build an engine plant and a research and development centre in China....
Success: China's new palate welcomes West
The shift in Asian diets to include more protein is well known and New Zealand producers have moved quickly to exploit the growing market for meat and dairy products. Now Smartfoods chief executive Justin Hall, who this week flew to China on a sales mission, believes he detects in the region a broader shift towards...
Entire NZ China trade board resigns
Labour economic development spokesman David Parker says the resignation of the entire China Beachhead Advisory Board is "serious" and said the Government should be embarrassed. For the full story, click here
Unilever Plans US$100 Mil Factory in Tianjin
Unilever will build one of its largest production bases in the Chinese municipality of Tianjin, the company said on Friday (Apr. 29). The facility will be located in the Binhai New Area of Tianjin, and will have an area of 53.33 hectares and annual production capacity of 100,000 tons, the company said. For the full...
China embraces ASEAN for ‘Asian century’
China will support ASEAN as a driving force in a regional architecture with Prime Minister Wen Jiabao reiterating that the world’s second-largest economy was not a threat to anyone. In a speech here Saturday, Wen said cooperation among countries in East Asia could grow well only if ASEAN was the dominant player, a...
Asia Seeks to Diversify Record Reserves as U.S. Dollar ...
Asian nations are pooling funds to strengthen regional investment, in a step toward diversifying record foreign-exchange holdings as the U.S. dollar declines. Ten Southeast Asian nations, along with China, Japan and South Korea, plan to discuss an infrastructure fund to boost investment in roads, ports and utilities at a...
China's One-Child Plan Faces New Fire
China's latest census shows the nation's population is aging rapidly and its growth rate has declined sharply, raising new questions about the government's unwillingness to abandon its controversial one-child policy despite warnings of a looming demographic crunch. When the Chinese government launched the world's biggest...
Tightening Monetary Policies Threaten Vietnamese SMEs
The Vietnamese government’s monetary policy seems to have been stuck in a dilemma. While raising interest rates and restricting lending amounts seem to be the common ways to exacerbate the high inflation rate, the reduction in loan issuance is directly hurting the business operation and development of the...
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