Jun. 3 – The new issue of China Briefing Magazine, titled Sourcing from China, is out now and will be temporarily available as a complimentary PDF download on the Asia Briefing Bookstore throughout the month of June.
While the United States and Europe continue to lead in the production of top-end manufacturing and smart technologies, China is slowly but surely climbing the technology ladder, and is actively trying to raise the human capital and managerial skills needed to lead such growth. Meanwhile, China continues to outpace competitors in the mass production of those basic, low value-added products necessary in the daily lives of people around the world. It has also managed to develop a fast and efficient national network of roads, railways, ports and airports coupled with a first-tier integrated logistics system. On top of these structural accomplishments, China has created a skilled workforce capable of producing anything an engineer can design, and a comprehensive supply chain that sources energy and raw materials from around the globe. Continue reading
Posted in Business, Central China, East China, FDI and Foreign Trade, Featured, Legal and Regulatory, Manufacturing, Markets, Northeast China, Shipping & Logistics, South China, Textiles, West China
By Christian Fleming and Shirley Zhang
May 28 – Development zones are not a Chinese creation, but China in particular has found tremendous success with this economic tool. Historically, the liberal business environment in these areas have allowed foreign enterprises to operate more comfortably in the Chinese business environment, sheltered from the bureaucracy and red tape that often characterizes the rest of the country while at the same time such businesses could benefit from preferential policies, greater resource availability, and prime locations within regional hubs of creativity and innovation. Continue reading
Posted in Automotive, Business, Central China, Chemical & Pharmaceutical, East China, Economy and Politics, FDI and Foreign Trade, Featured, Manufacturing, Markets, Northeast China, Shipping & Logistics, South China, Technology, West China
May 10 – The new issue of Asia Briefing Magazine, titled An Introduction to Development Zones Across Asia, is out now and will be temporarily available as a complimentary PDF download on the Asia Briefing Bookstore throughout the months of May and June.
The use of development zones in their different guises has been an effective model essentially brought to prominence by China over the past 25 years to help both foreign investors and domestic companies meet in a relationship that provides tax advantages to both. Development zones typically permit the foreign investor to bring component parts into a country for assembly without having to pay import duties. Investors may then add in locally-sourced components, assemble the final product, and warehouse it all duty free before then having the option of exporting the finished product (collecting some VAT rebates on the locally sourced portion) or entering the domestic market with a product assembled at local labor costs. Continue reading
Op-Ed Commentary: Chris Devonshire-Ellis
Nov. 23 – This is Part II of my essay concerning the discussions and findings of the annual Economist China Summit which took place in Beijing last week, bringing together the cream of China-based businessmen, academics and analysts. Part I may be viewed here and Part III here.
In this discussion, dealing with China’s population and labor demographics, the panel consisted of KK Fung, managing director of Jones Lang LaSalle; Cai Fang, director of the Institute of Population at the Chinese Academy of Social Sciences; and Gordon Orr, chairman of McKinsey Asia. Continue reading
The Chinese Century – Promises, Pitfalls and Presumptions
Op-Ed Commentary: Chris Devonshire-Ellis
Nov. 21 – The Economist Newspaper’s annual China summit took place in Beijing last Friday, with some 300 senior executives from many of China’s MNCs in attendance, together with political and academic leaders. With this year’s theme being “Promises, Pitfalls and Presumptions,” the event promised to provoke some controversy, and in true Economist style, this was very much the case with healthy debate on all sides and some excellent speakers and panelists – not least including Gary Locke, the new U.S. Ambassador to China.
I break the event down into its component parts in order for our readers to follow what went on. The conclusions given are mine alone. Continue reading
Posted in Business, Economy and Politics, Northeast China
Tagged Beijing, China Economics, China Events, China GDP, China GDP Growth, China Summit, Chris Devonshire-Ellis, Economist, Wenzhou
Nov. 2 – Foreign schoolchildren are the potential new targets in child kidnapping cases following an incident at one of Beijing’s luxury compounds this past weekend. On Saturday afternoon at approximately 4:30 p.m., the student was outside the side exit of the Yosemite Villa Estate and a man, unknown to her, came towards her and gave her a hug. She pushed him away but he then attempted to lift her up and drag her into his car. Fortunately a guard and a taxi driver stepped forward to help her and she safely returned home. The incident has been reported to the police for further investigation. Continue reading