It’s hard to forecast the economy14 months out-never mind 14 years-but the current trends are clear:By2030,the United States will be supplanted as the world’s biggest market for apparel by China.And India will not b...It’s hard to forecast the economy14 months out-never mind 14 years-but the current trends are clear:By2030,the United States will be supplanted as the world’s biggest market for apparel by China.And India will not be far behind.Although China’s economy has slowed in recent years,a report from Fung Global Retail&Technology展开更多
Pola’s current development goal is to access to the ASEAN market,and Kuala Lumpur,Malaysia is its best market choice.This proposal provides a theoretical and practical basis for entering the market by analyzing the m...Pola’s current development goal is to access to the ASEAN market,and Kuala Lumpur,Malaysia is its best market choice.This proposal provides a theoretical and practical basis for entering the market by analyzing the market economy in Kuala Lumpur,which includes its consumer preference,product quality and safety standards,consumers’recognition and loyalty for products,and laws and regulations related to cosmetics.At the same time,this paper also provides relevant solutions to the problems and challenges that may be encountered when entering the market.Moreover,referring to the successful developments in Singapore and Bangkok,compared with other untapped markets in ASEAN,Kuala Lumpur is the most suitable target for Pola development at this stage.展开更多
China’s economic growth slowed in the third quarter amid the global economic recession.It was largely reflected in the fiscal revenue in September,which climbed only 3.1 percent year on year.Inflation was gradually b...China’s economic growth slowed in the third quarter amid the global economic recession.It was largely reflected in the fiscal revenue in September,which climbed only 3.1 percent year on year.Inflation was gradually brought under control as consumer prices last month increased 4.6 percent year on year—the lowest growth rate in the past 15 months.The Central Government issued a package of policies to stimulate property purchases on seeing citizens’ reluctance to buy homes.In addition,the government raised export tax rebates to boost exports.The Agricultural Bank of China has completed its financial restructuring and now wants to be a "profit-seeking" lender instead of a"policy-driven"bank.展开更多
China widens the tax rebate program for Hainan Provinceto stimulate the island’s tourism industry.The banking sector fares well with profits surging last year.By imposing a higher resource tax on rare earth explorati...China widens the tax rebate program for Hainan Provinceto stimulate the island’s tourism industry.The banking sector fares well with profits surging last year.By imposing a higher resource tax on rare earth exploration,China tries to streamline the fragmented industry.The shipping giantCOSCO jumps back into the black thanks to buoyant market demands.The international consulting firm McKinsey&Co.expects China to replace Japan as the world’s top luxury goods market by 2015.展开更多
TO THE POINT: November saw the consumer price index rise to an alarming 5.1 percent, prompting policymakers to mop up excess liquidity. Foreign trade picks up steam, with both exports and imports in November reaching ...TO THE POINT: November saw the consumer price index rise to an alarming 5.1 percent, prompting policymakers to mop up excess liquidity. Foreign trade picks up steam, with both exports and imports in November reaching record highs. The property fever cools down a little, with house price growth in 70 major cities slowing to 7.7 percent in November. Hiring activities in China have experienced a surge, making the country the world’s second hottest job market in the third quarter.展开更多
TO THE POINT:Immediately after the announcement of the first quarter economic performance figure on April 16,the central bank de- cided to raise the reserve requirement ratio by another 0.5 percentage points to 16 per...TO THE POINT:Immediately after the announcement of the first quarter economic performance figure on April 16,the central bank de- cided to raise the reserve requirement ratio by another 0.5 percentage points to 16 percent,the highest in history,as part of its commit- ment to enforce tightened monetary policy.It will freeze 200 billion yuan ($28.6 billion)in liquidity and bank loans will be further capped. Officials admitted the Chinese economy is facing overall inflation risk, while government intervention into price hikes did not help reduce sur- ging consumer price index (CPI),which surged 8 percent in the first quarter.The first-quarter export slowdown hurt the gross domestic product (GDP) growth,and the government feared international inflati- on could be transferred into China through imports.展开更多
Inflation fears are abating as the CPI continues heading south. Growth engines of the economy roar as investments and consumption maintain torrid growth. Chinese companies disappoint with poor sense of social responsi...Inflation fears are abating as the CPI continues heading south. Growth engines of the economy roar as investments and consumption maintain torrid growth. Chinese companies disappoint with poor sense of social responsibility, according to a report by the Chinese Academy of Social Sciences. Internet giant Baidu reaps juicy profits owing to solid traffic growth and strong advertising business. The group-buying Lashou.com gears up to list on Nasdaq.展开更多
TO THE POINT: China’s trade surplus boomed again in January, crippling the Ministry of Commerce’s efforts to curb the surplus and rebutting Western countries’ criticism of the yuan exchange rate. Even though the Ch...TO THE POINT: China’s trade surplus boomed again in January, crippling the Ministry of Commerce’s efforts to curb the surplus and rebutting Western countries’ criticism of the yuan exchange rate. Even though the Chinese curren-展开更多
Most of July’s macroeconomic statistics have surfaced, all indicating robust investment and consumption as well as more trade surplus. The surging national economy also saw a sharp rise in the consumer price index (C...Most of July’s macroeconomic statistics have surfaced, all indicating robust investment and consumption as well as more trade surplus. The surging national economy also saw a sharp rise in the consumer price index (CPI), with its growth rate the highest in a decade. Domestic auto sales also increased significantly, but the number of domestic flights will be reduced due to the lack of skilled maintenance workers. Amid violent volatility in the Chinese stock market,the first financial derivative stock-index futures are expected to be traded on the mainland in September.展开更多
TO THE POINT:China’s economic figures for February indicated serious inflationary pressure with the consumer price index(CPI) surging 8.7 percent and the producer price index(PPI)jumping 6.6 percent,year on year.Thou...TO THE POINT:China’s economic figures for February indicated serious inflationary pressure with the consumer price index(CPI) surging 8.7 percent and the producer price index(PPI)jumping 6.6 percent,year on year.Though many repeatedly believed that prices would go down in the future,the fact that consumer goods continued to rise amid various countermeasures can no longer be ignored.The good news for the international market was that China’s trade surplus shrank over 60 percent in February year on year,a reward for the government’s efforts to rein in exports.In addition,China is determined to produce steel conglomerates to lift the country’s competence in the international market. By LIU展开更多
Ladies and gentlemen, it’s 10.7 percent! All estimations, guesses and doubts came to a close after the National Bureau of Statistics issued the 2006 GDP growth rate.Backed by the booming domestic market, China Mobile...Ladies and gentlemen, it’s 10.7 percent! All estimations, guesses and doubts came to a close after the National Bureau of Statistics issued the 2006 GDP growth rate.Backed by the booming domestic market, China Mobile has been fearless, determined even to buy a loss-generating Pakistani telecommunications company. Well, all our blessings.As domestic giants spare no effort to “go out,” foreign tycoons show their keen interest in “coming in.” Swiss company UBS AG has seen its dream come true in that it finally won approval from the government to provide comprehensive brokerage services to Chinese customers. Similarly, New York-based insurance company Marsh & McLennan Companies happily announced that it will become the first wholly foreign-owned insurance company operating in China.Meanwhile, there are a lot of mergers in China, but some messy divorces too. Look at this one. The seemingly happy merger ofChangjiang Securities and BNP Paribas broke up soon after their not-so-sweet honeymoon ended.In the transportation sector, Delta Air Lines Inc. is applying for adirect flight between Shanghai and Atlanta in an effort to tap into the vast potential of air services between the two countries.展开更多
文摘It’s hard to forecast the economy14 months out-never mind 14 years-but the current trends are clear:By2030,the United States will be supplanted as the world’s biggest market for apparel by China.And India will not be far behind.Although China’s economy has slowed in recent years,a report from Fung Global Retail&Technology
文摘Pola’s current development goal is to access to the ASEAN market,and Kuala Lumpur,Malaysia is its best market choice.This proposal provides a theoretical and practical basis for entering the market by analyzing the market economy in Kuala Lumpur,which includes its consumer preference,product quality and safety standards,consumers’recognition and loyalty for products,and laws and regulations related to cosmetics.At the same time,this paper also provides relevant solutions to the problems and challenges that may be encountered when entering the market.Moreover,referring to the successful developments in Singapore and Bangkok,compared with other untapped markets in ASEAN,Kuala Lumpur is the most suitable target for Pola development at this stage.
文摘China’s economic growth slowed in the third quarter amid the global economic recession.It was largely reflected in the fiscal revenue in September,which climbed only 3.1 percent year on year.Inflation was gradually brought under control as consumer prices last month increased 4.6 percent year on year—the lowest growth rate in the past 15 months.The Central Government issued a package of policies to stimulate property purchases on seeing citizens’ reluctance to buy homes.In addition,the government raised export tax rebates to boost exports.The Agricultural Bank of China has completed its financial restructuring and now wants to be a "profit-seeking" lender instead of a"policy-driven"bank.
文摘China widens the tax rebate program for Hainan Provinceto stimulate the island’s tourism industry.The banking sector fares well with profits surging last year.By imposing a higher resource tax on rare earth exploration,China tries to streamline the fragmented industry.The shipping giantCOSCO jumps back into the black thanks to buoyant market demands.The international consulting firm McKinsey&Co.expects China to replace Japan as the world’s top luxury goods market by 2015.
文摘TO THE POINT: November saw the consumer price index rise to an alarming 5.1 percent, prompting policymakers to mop up excess liquidity. Foreign trade picks up steam, with both exports and imports in November reaching record highs. The property fever cools down a little, with house price growth in 70 major cities slowing to 7.7 percent in November. Hiring activities in China have experienced a surge, making the country the world’s second hottest job market in the third quarter.
文摘TO THE POINT:Immediately after the announcement of the first quarter economic performance figure on April 16,the central bank de- cided to raise the reserve requirement ratio by another 0.5 percentage points to 16 percent,the highest in history,as part of its commit- ment to enforce tightened monetary policy.It will freeze 200 billion yuan ($28.6 billion)in liquidity and bank loans will be further capped. Officials admitted the Chinese economy is facing overall inflation risk, while government intervention into price hikes did not help reduce sur- ging consumer price index (CPI),which surged 8 percent in the first quarter.The first-quarter export slowdown hurt the gross domestic product (GDP) growth,and the government feared international inflati- on could be transferred into China through imports.
文摘Inflation fears are abating as the CPI continues heading south. Growth engines of the economy roar as investments and consumption maintain torrid growth. Chinese companies disappoint with poor sense of social responsibility, according to a report by the Chinese Academy of Social Sciences. Internet giant Baidu reaps juicy profits owing to solid traffic growth and strong advertising business. The group-buying Lashou.com gears up to list on Nasdaq.
文摘TO THE POINT: China’s trade surplus boomed again in January, crippling the Ministry of Commerce’s efforts to curb the surplus and rebutting Western countries’ criticism of the yuan exchange rate. Even though the Chinese curren-
文摘Most of July’s macroeconomic statistics have surfaced, all indicating robust investment and consumption as well as more trade surplus. The surging national economy also saw a sharp rise in the consumer price index (CPI), with its growth rate the highest in a decade. Domestic auto sales also increased significantly, but the number of domestic flights will be reduced due to the lack of skilled maintenance workers. Amid violent volatility in the Chinese stock market,the first financial derivative stock-index futures are expected to be traded on the mainland in September.
文摘TO THE POINT:China’s economic figures for February indicated serious inflationary pressure with the consumer price index(CPI) surging 8.7 percent and the producer price index(PPI)jumping 6.6 percent,year on year.Though many repeatedly believed that prices would go down in the future,the fact that consumer goods continued to rise amid various countermeasures can no longer be ignored.The good news for the international market was that China’s trade surplus shrank over 60 percent in February year on year,a reward for the government’s efforts to rein in exports.In addition,China is determined to produce steel conglomerates to lift the country’s competence in the international market. By LIU
文摘Ladies and gentlemen, it’s 10.7 percent! All estimations, guesses and doubts came to a close after the National Bureau of Statistics issued the 2006 GDP growth rate.Backed by the booming domestic market, China Mobile has been fearless, determined even to buy a loss-generating Pakistani telecommunications company. Well, all our blessings.As domestic giants spare no effort to “go out,” foreign tycoons show their keen interest in “coming in.” Swiss company UBS AG has seen its dream come true in that it finally won approval from the government to provide comprehensive brokerage services to Chinese customers. Similarly, New York-based insurance company Marsh & McLennan Companies happily announced that it will become the first wholly foreign-owned insurance company operating in China.Meanwhile, there are a lot of mergers in China, but some messy divorces too. Look at this one. The seemingly happy merger ofChangjiang Securities and BNP Paribas broke up soon after their not-so-sweet honeymoon ended.In the transportation sector, Delta Air Lines Inc. is applying for adirect flight between Shanghai and Atlanta in an effort to tap into the vast potential of air services between the two countries.
