2009 is the year of Ox which is the symbol of auspiciousness in China. We want to take a moment of Chinese New Year holiday to thank all BPOVIA clients for past and continuous support to us. Read more…
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For 10 years, Red Herring’s editorial team has diligently surveyed entrepreneurship around the globe. Technology industry executives, investors, and observers have regarded the Red Herring 100 lists as an invaluable instrument to discover and advocate the promising startups that will lead the next wave of disruption and innovation.
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Nanjing, China (PRWEB) December 31st 2008 – BPOVIA, China’s leading Virtual Assistant Service provider, has been selected as one of this year’s Red Herring Global 200 finalists. It is another prestigious award BPOVIA get after its winning of the Red Herring 100 Asia Awards in December 2008.
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As the global slowdown hit Chinese toymakers, some toymakers really suffered a lot. But business like Ouyang’s in this toy-making hub in Shantou of Guangdong province has been relatively unscathed.
Exports have dropped only very slightly, Ouyang said, about 30% products of her company cater to the domestic market, while 5% aims to Europe and the US, and the rest goes to Southeast Asia. Read more…
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Based on the latest data, China became the third-largest world in economy in 2007, treading on the heels of Japan and the United States.
China’s economy has boomed in the past 30 year. Data showed that China has been ahead of Germany. But overtaking the US is another matter. Read more…
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The stock market in economic slowdown could turn the hard-earned savings to ashes instantly which was exactly the experience of Wen Wu, a government employee of Loudi in Central China Hunan province.
Wen Hu now has lost nearly all of his 240,000 yuan savings in the stock market with only 7,000 yuan left in his account.
According to a recent survey from the official Shanghai Securities News and Stock Star, only 6% of the respondents Read more…
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Chinese enterprises are encouraged to be bold in acquiring stakes in overseas enterprises especially in the energy and resources sectors.
In order to encourage overseas mergers and acquisitions (M&As), especially in sectors of strategic importance, the government is going to use its $2-trillion foreign exchange reserves, said Zheng Xinli, vice-director of the Policy Research Office of the CPC Central Committee. Read more…
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The battle about market share between US fast food chains Kentucky Fried Chicken and McDonald’s has been lasting for a very long time since they appeared in China.
Recently, both the companies announced the plans of expansion and cutting price to attract more customers.
Zhao Li, the company’s general manager, said at the ceremony marking the opening of the 200th KFC restaurant in Beijing that in spite of the economic recession, they will open another Read more…
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The economics crisis that is forcing to make the world drop into a deep hole seems nothing but distant rumblings to Zhao Yunan, a 27-year-old female sales executive who works at an exhibition organizer locating in Beijing.
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Using legal tools to fight increasing data theft from civil-use computers in China may come true if the law is passed for its second reading by the top legislature, the National People’s Congress (NPC) Standing Committee.
As the existing Criminal Law stipulates punishment only for intruding into networks of governments, national defense or leading science sectors; or altering the functions of personal computer systems, it is necessary for the country to have such a law.
Under the new law, hackers who steal data or manipulate a huge number of computers will face jail terms of up to seven years, so do those who offer intruders software or tools. The proposed penalties also apply to Chinese hackers who steal information from foreign computers. Read more…
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