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Features
- U.S.-China Trade Talks Aim for Mutually Beneficial Agreements - Editor, 15 September 2008
- Investors Optimistic for Post-Olympic Economy Upswing - Editor, 25 August 2008
- Beijing Olympics Opens Up Potentially Lucrative Trade Opportunities - Editor, 4 August 2008
- Industrial and Commercial Bank of China Enters Australian Market - Editor, 15 July 2008
- Take Note of What China Feels about Your Country’s Reception for The Olympic Torch - Editor, 23 June 2008
- The Skill Secret of China Business Success - Editor, 2 June 2008
- Trade and Business Lessons from the Mobile Phone Market of China - Editor, 26 may 2008
The Richard Nixon Presidential Library located in Yorba Linda, southern California, is to be the venue for high-level trade talks between the United States and China on 16 September 2008. The meeting will mark the 25th anniversary of the US-China Joint Commission on Commerce and Trade (JCCT) and it is anticipated that agreements will be reached to the benefit of both parties, while some thorny issues will be addressed and hopefully resolved.
Following the fortnight of the 2008 Beijing Olympics, during which time the Shanghai Stock Exchange’s benchmark composite index fell 7.7 percent, with the past week being particularly turbulent, investors are confident that China’s government will turn its attention to the economy and brighter times are ahead. Considering the fact that China spent around $42 billion on the Olympic Games, money which appears to have been readily available, it seems surprising that the market is performing so badly. With the Shanghai stock market having tumbled by 54 percent since the beginning of the year, there is some serious work to be done to turn the situation around and win investor confidence.
With the beginning of the 2008 Beijing Olympics just a few days away, these prestigious summer games are dominating news headlines all over the world, as participating countries prepare to support their athletes in their quest for gold. An aspect of the Olympics that the man in the street may not give much thought to, is how being associated with the games can be hugely beneficial for companies from a marketing perspective. The potential benefits are recognized by astute management teams, resulting in companies clamoring to be included on the list of official sponsors that are approved by the Beijing Organizing Committee of the Olympic Games (BOCOG).
The Industrial and Commercial Bank of China (ICBC) is considered to be the largest bank in the world, employing more than 350,000 people and offering multi-dimensional, innovative services to its extensive customer base. Following the approval of a branch license from the Australian Prudential Regulations Authority, the ICBC is set to pursue its goal of forming alliances with Australian banks under the leadership Mr. Ruixiang Han, who arrived in Sydney recently to take up his position as general manager of ICBC Australia.
France has pride of place. The Olympic Torch was extinguished there. The police in San Francisco and London also failed to honor the top symbol of world sport. The French President has expressed sympathy for the saboteurs. The battle lines are clearer now. You may have scored a political point. What does it mean for your business with China?
The ‘cheap labor’ formula is history in China. Cut your losses and exit if you are in. Look elsewhere if you the sweatshop type. Every human exploitation attempt is bound to fail in China. Sourcing success stories need a fresh plot here.
Finland has beaten Korea in China.
US Corporations are far behind in the mobile hand set war for world market dominance. China is a key market in this game. Nokia is not only a leading player in this segment of the China market, but is ahead of Samsung by a wide margin. There are two key factors behind this extraordinary success of Europe in China.
Recent Articles
- China Strengthens Trade with France, Egypt - Editor, Tuesday 6 July 2010
- China - Abu Dhabi Relationship Develops - Editor, Thursday 10 June 2010
- Green Energy Project - Editor, Thursday 4 March 2010
- Business and Taxes in China - Editor, Wednesday 6 January 2010
- China-Africa Cooperation Reaps Results - Editor, Friday 6 November 2009











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