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China Trade Mag (Chinese Trade and Business)

This category contains 12 posts

On-line survey reports more than half all apartments empty in major cities


More than half the apartments in Beijing and Shanghai are empty, the China Daily reports, quoting an online investigation of 100 Chinese cities by news website Sina.com. Hainan rated over 70 percent empty, Beijing 66 percent and Shanghai 51 percent, based on counting the number of apartments with no lights at night time, on more … Continue reading

China to develop internet search engine in competition to Google


China’s news that it is developing its own state-run search engine is not the country’s first such project, but this time around they are supported by China Mobile Communications and Xinhua News Agency. China Mobile has the world’s largest number of mobile subscribers, guaranteeing an instant and enormous audience on the mobile front. Xinhua, China’s … Continue reading

China and Switzerland going strong after 60 years


Central Committee Political Bureau Member Liu Qi hopes hopes the 60th anniversary of diplomatic ties between China and Switzerland provides an opening for the two countries to to increase mutual political trust and assistance. Liu, speaking at a reception in Beijing, added that China sees significant value to increasing friendly relationships with Switzerland, one of … Continue reading

Chinese Vice Premier campaigns for mutual agreements with other developing countries


Chinese Vice Premier Li Keqiang has called for other developing countries to extend mutual support with China, and for countries assisted by China to work towards attaining shared benefits. The call was made in Beijing at an exhibition to showcase China’s international aid efforts, this year marking the 60th anniversary of the nation’s international aid … Continue reading

Collapse of joint China-US venture highlights need for advisory partners


The apparent collapse of the joint-venture China-US construction of the world’s largest solar power plant has underscored the perils that can be faced by foreign companies trying to break into the lucrative Chinese market. It also highlights the need for foreign companies to enlist business advisory firms with proven track records in assisting foreign companies … Continue reading

China exempts service outsourcing companies from business tax


China’s Ministry of Finance has announced on its website that it will offer an exemption from business tax for offshore service outsourcing companies, in an apparent bid to win business from India and other countries. The exemption, in place from July 1 2010 until December 31 2013, assists firms which specialize in information technology outsourcing … Continue reading

China strengthens monopoly in rare-earth minerals


Chinese state-owned Baotou Steel Rare-Earth High-Tech Co and Jiangxi Copper Corp, two of China’s largest rare-earth miners, have announced a unified pricing system, according to the China Daily. China supplies 95% of the world’s rare-earth oxides, so therefore Baotou and Jianxi will virtually control the market, good news for China as it can control use … Continue reading

Chinese officials call for intellectual property trade deficit reduction


Ministry of Commerce official Wu Guohua, speaking at the Intellectual Property Rights (IPR) Summit in Beijing, has called for the creation of indigenous brands to ease China’s disturbing intellectual property trade deficit. Wu further stated that it is crucial for China to bring into being indigenous brands, pointing to the large amounts spent on foreign … Continue reading

China quantity bubble fears as speculators leave apartments empty


A recent media story, which power companies denied, claimed that almost 65 million power meters in urban China had registered zero consumption over a six month period, which raised a theory that there are enough empty apartments in China to house 200 million people. However, the true figures will probably never be known, because there … Continue reading

Rio Tinto’s record profit aided by China’s resource demand


Mining giant Rio Tinto has posted a record first-half profit, driven by iron ore sales to China, with net earnings up 260 per cent to almost US$6.4 billion. Rio has announced plans to spend about US$13 billion over the next 18 months, displaying its confidence in Chinese demand, even though China has started the process … Continue reading

“Made in China” brands emerging in luxury goods market


Billionaire investor Warren Buffet and Microsoft founder Bill gates have revealed they are fans of Chinese suit maker Trands, and Buffet believes China is the future of fashion. Trands, based in Dalian in China’s northeast, is one of several up-and-coming Chinese brands taking on Gucci, Armani and Prada. Chinese sales of luxury goods grew by … Continue reading

Civilian high-tech projects benefit from China removing tariffs and value-added taxes


Major civilian high-tech projects will benefit from China’s decision to scrap import tariffs and value-added taxes (VAT) on key imports used in these ventures. The Ministry of Finance, Customs Department, made the announcement today, stating that the tariffs and VAT had not been imposed since July 15, and the move was designed “…to promote the … Continue reading

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Most Recent Posts Post on My Blog About China: China News

Chinese drones now almost a daily appearance over Taiwan

Chinese drones now almost a daily appearance over Taiwan

The Chinese military has intensified its drone incursions into the skies above Taiwan with almost daily flights of combat and reconnaissance unmanned aerial vehicles (UAVs). Taiwan’s Defense Ministry said a People’s Liberation Army (PLA) TB-001 drone was spotted crossing the median line of the Taiwan Strait, the de facto boundary between the island and China’s […]

India says disengagement along disputed area with China to be completed by September 12

India says disengagement along disputed area with China to be completed by September 12

India’s foreign ministry said on Friday that disengagement along a disputed border area with China will be completed by Sept. 12. Both countries began disengaging from the Gogra-Hot Springs border area in the western Himalayas on Thursday, over two years after clashes at the frontier strained diplomatic ties. The disengagement comes ahead of a meeting […]

How to make EVs without China’s supply chain

How to make EVs without China’s supply chain

Two electrifying moves in recent weeks have the potential to ignite electric vehicle demand in the United States. First, Congress passed the Inflation Reduction Act, expanding federal tax rebates for EV purchases. Then California approved rules to ban the sale of new gasoline-powered cars by 2035. The Inflation Reduction Act extends the Obama-era EV tax […]

Anti-India forces: Techniques and agendas exposed

Anti-India forces: Techniques and agendas exposed

In the post-cold war era, India has moved from a policy of non-alignment to a policy of multi-alignment. This means that India has friendly relations with almost all-powerful and developing nations. Today India is carving out a unique path for itself. Such an approach provides prominence and exposes India to the harmful behind-curtain activities by […]

Taiwan’s Kinmen serves as a reminder of China’s aggression

Taiwan’s Kinmen serves as a reminder of China’s aggression

Taiwan’s frontline island of Kinmen was once again in the headlines when President Tsai Ing-wen paid tribute this week to the soldiers and civilians who “operated in solidarity and safeguarded Taiwan” 64 years ago. On Aug. 23, 1958 mainland Chinese troops attacked Kinmen in a key battle that marked the beginning of the Second Taiwan […]

Terrorism: The glue that holds China and Pakistan together 

Terrorism: The glue that holds China and Pakistan together 

The father of communism, Karl Marx, once famously said — “We have no compassion, and we ask no compassion from you. When our turn comes, we shall not make excuses for the terror”. This statement summarises how terrorism and communism go hand in hand. Maoist China alone destroyed between 44.5 to 72 million lives. During […]

‘New normal’ across the Taiwan Strait as China threat looms ever closer

‘New normal’ across the Taiwan Strait as China threat looms ever closer

China is attempting to establish a “new normal” across the Taiwan Strait, eroding self-ruled Taiwan’s territorial control and increasing the threat of a strike with each military sortie, officials and analysts say. Beijing has ramped up military maneuvers in the 110-mile (180-kilometer) wide stretch of water that separates Taiwan from mainland China — and the […]

When Beijing was burning, Xi was playing personal games 

When Beijing was burning, Xi was playing personal games 

A great fire destroyed Rome for six days in the summer of AD 64. Famous Roman historian of that time, Tacitus, recorded that 70 percent of the city was destroyed and half of the city’s residents were displaced. Roman ruler Nero was accused of being indifferent, ineffective, and careless. The end result of this neglect […]

China would re-educate Taiwan in event of reunification

China would re-educate Taiwan in event of reunification

Once China achieves its professed goal of establishing control over Taiwan, a process of “re-education” of the island’s population would follow, according to China’s Ambassador to France Lu Shaye. The ambassador was speaking on French television channel BFM TV on Wednesday night, when he said a majority of the Taiwanese population actually wanted to be […]

Sri Lanka’s economic crisis is a political sabotage

Sri Lanka’s economic crisis is a political sabotage

Sri Lanka’s present state confirms the famous statement: “Insanity is doing the same thing repeatedly and expecting different results.” Sri Lankans have been repeating the mistakes of choosing the politicians Rajapaksas again and again. It is confirmed that there were unaccounted payments that the Chinese were liberal with during project negotiations with the island nation. They were paid […]