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What can Western companies do when China’s factory workers start demanding better wages and conditions? Easy — just transfer production to a cheaper country. China’s loss is Vietnam’s gain.The world’s manufacturing powerhouse needs new low-wage workers, which is why the man in the dark suit is talking himself hoarse. “Do not delay,” he calls out [...]
13 May
Posted by admin as China, Technology
DuPont and Dainippon Screen Manufacturing Co., Ltd., plan to form a strategic alliance to develop integrated manufacturing equipment for printed organic light emitting diode (OLED) displays. The companies also have signed an agreement relating to their intention to bring together the elements needed — materials, technology and equipment — to mass produce OLED displays, delivering [...]
13 May
Posted by admin as China, Technology
China Security & Surveillance Technology, a leading provider of security solutions in China, today announced that its President, Shufang Yang, has resigned effective May 6th, 2008. Yang intends to pursue other endeavors outside of the security industry and his departure is not a result of any disagreement with the Company. Yang will be retained as [...]
A high-level delegation of Hong Kong financiers held a seminar for 200 guests in Dubai on Sunday to promote the Chinese special economic zone as a gateway to Shariah-compliant fund-raising and investment in China. Deputy CEO of the Hong Kong Monetary Authority, Eddie Yue said: “Some people have expressed scepticism about a role in Islamic finance for [...]
MORE than 7,000 people were killed today from a massive earthquake that rocked central China. Thousands more are believed injured. The official state media added that another 10,000 were believed hurt in the 7.8 scale quake. Around 900 children were trapped after their school collapsed about 60 miles from the epicentre in Sichuan province. Eighty [...]
Analysis by: JOHN C.K. DALY
UPI International Correspondent
Driving China’s pipeline strategy of seeking agreement with Russia and Central Asian states for transmission of oil and natural gas is a potential shortage beyond the energy issues so prominent in the media.
And China’s potential shortage is tankers. According to a recent report in PortWorld, a prominent Chinese shipping [...]
China Mobile - the world’s largest mobile operator by subscribers - has admitted it is interested in entering the South African market but has not yet bid for MTN, the subject of takeover interest by India’s Bharti. “China Mobile has not joined the MTN bidding, but we are interested in the South African market and [...]
New Delhi, April 17 (IANS) Chinese officials have hailed the “successful and peaceful” relay of the Beijing Olympic torch through the Indian capital Thursday that belied their anxieties about Tibetan protesters marring the show. “The torch relay has been successful and peaceful. We are happy and relieved at the way it has gone,” a Chinese [...]
07 May
Posted by admin as Asia, China, World Trade
BEIJING, May 6 (Xinhua) — China’s foreign trade of electronics and information products reached 201 billion U.S. dollars in the first quarter of this year, a growth of 17.7 percent year-on-year. The growth rate was 6 percentage points lower than the year-earlier level, according to figures released by the Ministry of Industry and Information.
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07 May
Posted by admin as Asia, China, Retail, World Trade
HANGZHOU, May 6 (Xinhua) — China’s B2B e-commerce portal alibaba.com has entered into a long-term strategic partnership with Infomedia, India’s largest yellow pages and special interest publishing company, Alibaba announced on Tuesday.
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