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- China Strengthens Trade with France, Egypt - Editor, 6 July 2010
- Expo to Strengthen Image of Swiss Companies - Bernard Hagen, 30 April 2010
- CAFTA Clears First Hurdle - Editor, 23 April 2010
- Very Strong Optimism of Swiss Companies in China - Bernard Hagen, 4 February 2010
- Conclusion of ECFA with Taiwan on the Horizon - Editor, 24 November 2009
- Beijing Hosts World Media Summit - Editor, 9 October 2009
- China Re-opens Initial Public Offerings on Bourses - Editor, 29 June 2009
The increasing buying power of Chinese consumers has significantly boosted the domestic market in China, while at the same time providing a market for goods brought into the country. Recently, authorities from France and China held talks to strengthen trade and economic ties between the countries, noting that consumers in China would benefit from access to French products, particularly where France has advanced technology, such as in the fields of energy saving and environmental protection, as well as in the efficient processing of agricultural products.
The largest world exhibition of all time opened up in Shanghai. “The Expo is the biggest showcase of international display that Chinese will have ever seen. It is a great chance to further strengthen the image of Switzerland and Swiss companies, which are a very important component of the Swiss image”, says Nicolas Musy, Managing Director of Swiss Center Shanghai (SCS). SCS, the largest cluster of Swiss enterprises in China, is a non-profit organization that facilitates the market entry of companies in the Far East. “Chinese decision makers see Swiss companies as very reliable, accurate and professional – especially in the machinery and precision industries. This is a good chance to cultivate this image”, states Mr. Musy.
In the midst of the global economic crisis last year, CAFTA, or China-ASEAN Free Trade Area, was established to assist numerous regions in weathering the economic storm. Free trade posts were also set up with South Korea, as well as Japan. Looking back on a year of working with ASEAN, it has been revealed that economic growth and export development have increased in leaps and bounds, and that the future of the China-ASEAN Free Trade Area looks brighter than ever. The first year was the greatest hurdle to overcome, and the China-ASEAN Free Trade Area has passed with flying colors.
The confidence index of Swiss enterprises in China reaches 80% for doing successful business in the next five years, according to a recent survey of SwissCham China. The recent confidence survey of the Swiss Chinese Chamber of Commerce and cooperating associations among 136 CEOs and decision makers from Western European companies in China yielded very positive results for Swiss enterprises.
Taiwan's Mainland Affairs Council (MAC) Chairwoman Lai Shin-yuan revealed in an interview recently that Taiwan (officially the Republic of China) anticipates signing an agreement with mainland China (officially the People’s Republic of China) which, among other factors, will slash import tariffs and permit increased market access in the banking sector. Known as the Economic Cooperation Framework Agreement (ECFA), the proposed agreement between the two countries was drawn up some time ago, but has not yet been signed, and very little detail has been made known to the public.
In view of China's past record regarding the media, there has been a mixed response to the fact that Beijing will be hosting the three-day World Media Summit with more than 170 global media outlets from over 80 countries being represented by approximately 300 delegates. The majority are of the opinion that this is a good sign and will pave the way to greater media freedom in the People's Republic of China. Certainly, With China becoming increasingly prominent in the global economic playing field, calls for greater media freedom in the country have become more insistent from all quarters.
Following an almost ten month restriction on initial public offerings (IPO), on China's bourses, the Chinese government has given the go-ahead for Guilin Sanjin Pharmaceuticals to list on the Shenzhen exchange. Primarily the manufacturer of traditional Chinese medicines, Guilin Sanjin Pharmaceuticals anticipates raising $133 million (910.8 million yuan) through the sale of 46 million shares, starting Monday 29 June. With global IPOs being down 85 percent year to date compared with the same period last year, this easing of restrictions is not only good news for the company, it is also seen as good news for global investors who are facing a shrinking pool of investment opportunities.
Recent Articles
- Expo to Strengthen Image of Swiss Companies - Bernard Hagen, Friday 30 April 2010
- CAFTA Clears First Hurdle - Editor, Friday 23 April 2010
- Very Strong Optimism of Swiss Companies in China - Bernard Hagen, Thursday 4 February 2010
- Conclusion of ECFA with Taiwan on the Horizon - Editor, Tuesday 24 November 2009
- Beijing Hosts World Media Summit - Editor, Friday 9 October 2009











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