This Blog is also available as an
RSS Feed
Trade
- China Business Spurt from the Olympics (Part 1) - Editor, 8 October 2007
- China Business Spurt from the Olympics (Part 2) - Editor, 8 October 2007
- Anhui Offers A Healthy Prescription for China Business (Part 1) - Editor, 2 October 2007
- Anhui Offers A Healthy Prescription for China Business (Part 2) - Editor, 2 October 2007
- The Internet for Small Business with China (Part 1) - Editor, 10 September 2007
- The Internet for Small Business with China (Part 2) - Editor, 10 September 2007
It is common knowledge that every Olympics means big business, but exactly how much is that? A glance at the web site for the 2008 Olympics in Beijing will show what the event means for China business. No wonder the savvy Tony Blair dashed half way across the globe to snatch the 2012 games from Paris! Entire swathes of industry, which have rather stagnant futures, get new leases of life at the privileged sites of future Olympics.
China Business Spurt from the Olympics (Part 1)
Is China Business Related to the Olympics Durable?
There are a number of reasons to set the Beijing Olympics apart. Its system of governance is very different from that of the free nations of the first world. The indigenous culture, at the same time, is rich, ancient, and distinctive. Cultural celebrations may be part of each Olympics, but they have special significance in the case of Beijing.
The combination of a large population with diverse eco-systems makes places such as Anhui especially attractive for all phases of China business related to health care. More than a third of all Chinese uses traditional herbal medicine to manage their health issues (Lin, 2001). Traditional Chinese medicine can be modernized and upgraded by using professional analytical and quality assurance techniques. Increasing numbers of people all over the world, including those in highly industrialized countries, turn to herbal products nowadays, and their standardization can draw in even higher numbers of users. Many doctors who have traditionally prescribed only western drugs could also switch to Chinese herbs if their quality attributes could be more assured.
Anhui Offers A Healthy Prescription for China Business (Part 1)
Complementary and Alternate China Business
Well over half of all US citizens use one or the other form of Complementary and Alternative Medicines (The Use of Complementary and Alternative Medicine in the United States, 2007). Women, people who are highly educated, those who have experienced the travails of hospitalization, and substance abusers, use such approaches even more often than others. It is inevitable that members of the European Union will follow suit even if they are not aficionados of herbal drugs already! Overall, the stage is set for a huge global expansion in the demand for Complementary and Alternative Medicines: that is certainly good news for health care forms of China business! An especially heartening aspect of this trend is that you do not have to own a large pharmaceutical corporation to start a new China business around herbal medicine: the sector is open for small and medium players, and for companies which wish to forward integrate as well.
The Internet represents an enormous opportunity for everyone who dreams of doing business with China. This massive, populous, and influential nation had over 80 million Internet users by as early as 2003, with a 30% growth expected in 2004. Electronic commerce has been estimated by experts to cross $20 billion a year.
The Internet for Small Business with China (Part 1)
Dual Internet Business Possibilities
Though Internet business often excites sellers at thoughts of locating new customers, electronic commerce also involves outsourcing to areas with low labor costs. This has traditionally meant sourcing manufactured components and goods from China, but the Organization for Economic Co-operation and Development (“OECD”) has noted that China may soon emulate India is becoming a major offshore facility for outsourced services.
Recent Articles
- China Announces Stimulus Package To Counteract Effect of Global Financial Crisis - Editor, Monday 10 November 2008
- China and Taiwan Meet To Strengthen Economic And Trade Ties - Editor, Monday 3 November 2008
- Russia and China Pursue Bilateral Trade and Cooperation - Editor, Monday 27 October 2008
- Australia-China High-level Economic Cooperation Dialogue Plans to Increase Two-Way Trade - Editor, Tuesday 21 October 2008
- China Reports Record High Trade Surplus in August - Editor, Monday 6 October 2008










