Sunday, January 28, 2007

US CHIP MAKERS SEE CHINA AS BOTH MARKET, THREAT
U.S. manufacturers are working to establish a presence in China - potentially the world's largest market for computer chips - without getting burned in the process.The fact that China views the creation of a domestic electronics and microelectronics industry as one of four "pillars" essential to long-term economic success opens the door that much wider to foreign companies. Indeed, Beijing is luring technology through joint ventures and assembly efforts...

China Digital Communication Group Begins Assembling Lithium Batteries
China Digital Communication Group (OTCBB: CHID), one of the fastest growing battery components manufacturers in China, announced today that its subsidiary E'Jenie Science and Technology Co. plans to begin assembling lithium batteries following a successful series of production tests. The company is currently accepting orders for complete lithium batteries. China Digital CEO Ran Liang said, "This is a major milestone for our company....

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China: Foreign manufacturers show interest in feeder aircraft market
Zhuhai, 8th November: Manufacturers at home and abroad are showing an increasing interest in the emerging market of feeder aircrafts, of which China will probably need much more in the following decades.Boeing, Airbus and other aircraft manufacturing giants brought the latest model of their small jetliners to the Third China International Aviation and Aerospace Exhibition, which opened Monday [6th November] in Zhuhai City in south China's Guangdong Province.Xian Aircraft...

Driving on China's road to riches, Auto manufacturers from arund the world motor into a potentially lucrative market
Top executives from the world's largest auto manufacturers met officials in Beijing last week at China's first family car show in another effort to secure a role for themselves in this potentially lucrative auto market.China's lure is easy to understand. With a population of 1.2 billion, the nation has only 8.3 million motor vehicles, and just 15 percent are passenger cars. China's economy is expected to post double-digit growth in 1994 for...


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APPLE URGED TO QUELL SUIT BY CHINESE IPOD MANUFACTURER, STATE JOURNALISTS SUED OVER REPORTS OF LABOR ABUSES
SHANGHAI, China -- Apple Computer Inc. said yesterday it was working to resolve a dispute over alleged labor abuses by an iPod manufacturer in China.Hongfujin Precision Industry Co., a major exporter owned by a Taiwanese company, filed a defamation lawsuit against two journalists at the state-run newspaper China Business News over stories alleging that workers on iPod assembly lines worked under harsh conditions for low pay. The dispute highlights challenges big companies face in living up...

Manufacturers press officials for proactive policy on China
WASHINGTON - A shrinking U.S. job market has put China under an increasingly harsh spotlight as manufacturers and labor unions complain about the Asian giant's trade practices and currency policy. With the 2004 presidential election looming, the rumblings are an uncomfortable reminder for President Bush of a staggering loss of jobs in his tenure - some 2.6 million in manufacturing alone since mid-2000. The issue is unlikely to go away. "My sense is...


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Going Global, Flush with billions in foreign reserves, China is embarking on a buying spree
Nestled deep in Kwun Tong, Hong Kong's gritty factory district, China's leading cell-phone manufacturer is plotting to conquer the world. Hatched in 1992 to make pagers in its namesake coastal city, Ningbo Bird sold more handsets on the mainland last year--nearly 11 million--than Nokia or Motorola. But that was then, and now Wang Jianping, director of Bird International Ltd., has fixed his gaze three to five years down the road--on markets like Vietnam, India and Africa....


Effort to curb loss of work to China grows in Indiana, Smaller Hoosier manufacturers lobby Washington for a more level playing field
GREENSBURG, Ind. -- Rick Fayette thinks established manufacturing trade groups like the Indiana Manufacturers Association sell out little companies like his to China because of greed. So, Fayette has thrust himself into the international trade debate by becoming the Hoosier point person for an upstart organization that advocates a moratorium on new trade agreements and limited involvement in the World Trade Organization.The Indiana chapter of Save American Manufacturing Now has grown to 22...


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CHINESE AGENCY SELLING MARKET STUDIES TO INVESTORS
An affiliate of China's State Statistical Bureau has begun selling market- research reports in English aimed at potential foreign investors.Some of the studies look at China's markets for microcomputers, laser disks, fax machines and mobile telecommunications. Jianlibao America Ltd. of New York, which is handling U.S. distribution of the printed reports, hopes to arrange for the surveys to become available electronically on a commercial...

SMALL BUSINESSES GET THEIR OWN LITTLE DIRECTORY GUIDE INCLUDES OFFBEAT SERVICES
From hot-air balloon rides to free-lance writers, you`ll find a listing in a new directory being compiled by Karen Kay.Kay, 30, who has owned and operated Under the Oak Tree Inc. for two years in Troutman, decided to give small and unusual businesses of Iredell County a crack at inexpensive advertising. She named it ``The Great Little Local Directory.`` ``I felt like the directory was needed because there are so many services available in the county,`` said Kay. The...

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iPod(R) Accessories and PSP(R) Accessories Top the List of China-made Wholesale Products Purchased from Global Sources Direct
Xinhua-PRNewswire-FirstCall -- Global Sources (NASDAQ: GSOL) reported that iPod(R) accessories, PlayStation(R) Portable (PSP) accessories and key chain alcohol breath testers are the top-selling wholesale products purchased direct online from China in small lots by small and medium buyers at http://www.GlobalSourcesDirect.com.(Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b) iPod accessories are the most popular products offered at wholesale China prices on Global...

China makes huge investment in building farm produce wholesale markets
CHENGDU, Nov. 20 (Xinhua) -- China has this year allocated 400 million yuan (48 million US dollars) of state funds to build 81 key farm produce wholesale markets across the country, said an official of the State Development and Reform Commission on Thursday.The establishment of the markets is expected to help restructure farm production, develop green food and ecological agriculture, and increase peasants' income, said Bi Jingquan


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China: Wholesale markets

China: Wholesale markets exceed 90,000 nationwide
Beijing, 3rd November: China now has more than 90,000 registered wholesale markets and bazaars nationwide, with nearly 1,000 of them each reporting annual sales in excess of 100m yuan.Goods sold in the markets have broadened from agricultural products only in the 1980s to all kinds of industrial products and basic materials for production.In recent years, the booming of home appliances, computer and curio markets also bolstered the wholesale market.Yiwu Small Commodity Bazaar,...

China: First software wholesale market opens in Beijing
China's first software and electronic publications wholesale market was formally opened in Beijing on 28th February, the Chinese news agency Zhongguo Xinwen She reported.The special market, sponsored by the Beijing Association for Copyright Protection, is located at Zhongguancun in Haidian District. Some 50 publishing houses, development and research entities and agencies have set up business outlets in the market, including the Electronics Industry Publishing House, publishing...


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Portable DVD Players and More at Wholesale Prices at China-bay.org, China-Based Site Ships Internationally, Has No Minimum-Order Policy
PRNewswire -- China-bay Ltd. today announced the official launch of http://www.China-bay.org - a discount marketplace of wholesale consumer electronics made by Chinese manufacturers - and the release of a complimentary newsletter featuring tips on how to import electronics from China.China is home to many consumer-electronic manufacturers that don't have direct access to American retailers or that have limited international distribution agreements

China approves first wholesale foreign joint venture
Shanghai, 19 July: China opened its wholesale industry to foreign investment for the first time, as it approved the country's first wholesale joint venture early this week.The joint venture between the Shanghai First Department Store ( Group) Co. and Japan's Marubeni Corporation has a registered capital of 80m yuan, with the Chinese side holding a 51 per cent stake and the Japanese side 49 per cent, according to sources from the Chinese side of the joint


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The long-closed wholesale sector in China appears set to open at least a crack to overseas investors, who also will gain more latitude in the retail business.Overseas investors will at an unspecified time be permitted to do wholesale business in general merchandise, farm and sideline products, except grain, cotton and edible oil. They may also produce materials other than those controlled by the state, like rolled steel and chemical fertilizer, the Ministry of Internal Trade said Monday,...

China World Trade Corporation to Launch Wholesale Online Air Ticketing Storefront in Third Quarter of 2006
Xinhua-PRNewswire -- China World Trade Corporation (OTC Bulletin Board: CWTD) ("CWTC") today announced a plan to launch an online store offering wholesale international air ticketing through its subsidiary New Generation Commercial Management Company, Limited ("NG") in the third quarter of fiscal year 2006.


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Sunday, January 21, 2007

He's been at it 43 years, but C. Peter Theut would be the first to tell you he's never seen anything as exciting or frightening as the prospect of doing business in China. "The potential is enormous," said Theut (pronounced "TOIT"), who runs the international law department at Detroit's Butzel Long law firm and has been to China more than 50 times in the past eight years.

In China for the long haul Georgia-based firms keep an eye on U.S.-China trade talks as the deadline HED nears, but strong business ties aren't likely to be severed by possible sanctions.

Georgia-based companies doing business in China are looking beyond the trade talks going down to the wire this weekend and focusing on long- term opportunities in that emerging market of 1.2 billion people.If no deal is reached by Sunday, Washington has threatened sanctions against China for allowing companies to violate copyrights, trademarks and patents. China has said it would retaliate with its own sanctions.

China may seem far removed from the Northland, but the growing market power it exerts demands attention from even half a world away.Paul Solman, a business and economics correspondent with extensive experience covering China's emergence for ``The Newshour with Jim Lehrer,'' will appear in Duluth later next month as the keynote speaker at a daylong forum on this Asian country

CHINA: LAND OF OPPORTUNITY, TREMENDOUS ECONOMIC GROWTH, LIMITLESS POTENTIAL INTRIGUE MICHIGAN'S SMALL FIRMS, BUSINESS LEADERS AND PUBLIC OFFICIALS
He's been at it 43 years, but C. Peter Theut would be the first to tell you he's never seen anything as exciting or frightening as the prospect of doing business in China. "The potential is enormous," said Theut (pronounced "TOIT"), who runs the international law department at Detroit's Butzel Long law firm and has been to China more than 50 times in the past eight years.


In China for the long haul Georgia-based firms keep an eye on U.S.-China trade talks as the deadline HED nears, but strong business ties aren't likely to be severed by possible sanctions.

Georgia-based companies doing business in China are looking beyond the trade talks going down to the wire this weekend and focusing on long- term opportunities in that emerging market of 1.2 billion people.If no deal is reached by Sunday, Washington has threatened sanctions against China for allowing companies to violate copyrights, trademarks and patents. China has said it would retaliate with its own sanctions.




China is new to free market capitalism but in just 25 years it has reshaped the economic equation in America and the world. Why? Because of scale - China's population is almost five times bigger than ours. And because decades of communist austerity have made the Chinese unimaginably hungry for a better way of life. Reporter Kris Hundley and photographer Bob Croslin spent a month in China, tracking the causes and effects of the world's fastest growing economy.


Every so often, officials at LuminX Co. in Mogadore shake their heads and wonder whether doing business in China is worth the bother.It takes years to build relationships. Centrally planned projects often run out of money, causing delays or cancellations. And Chinese officials have different understandings of such business basics as contracts and letters of credit.



A DOOR TO CHINA TRADE: Local businesses are seeking to crack the Asian nation's market by way of Hong Kong.

Nancy Cordaro has her eye on China.But business trips for Cordaro _ whose Cordaro and Associates helps match toy and baby-products manufacturers with overseas factories _ usually take her to Hong Kong instead. That's because as tempting as it is to try to ride the skyrocketing Chinese economy, she figures she needs help to deal with China's boggling business practices.