According to a survey, in spite of higher operational costs brought by the financial crisis, there are fewer multinational companies focusing on manufacturing planning to relocate their manufacturing facilities out of China.
China is considered by the global business community as an indispensable player in an eventual economic turnaround as multinational manufacturers are strengthening their commitment to China which is probably a vital base of operations for Asia.
Compared with 17 percent of the 108 multinational companies (MNCs) expressing Read more…
Popularity: 4% [?]
business, China, crisis, economy, export, location, manufacturing
BPOVIA, the leading Virtual Assistant service provider, today announced that it has been awarded as one of the Red Herring Top 100 Global Companies. Red Herring Top 100 Global Companies are chosen from winners and finalists of the previous North America, Europe and Asia Red Herring Top 100 Companies. Out of 1,800 successful and highly eligible companies, the Red Herring editorial team deployed a detailed process to drill-down the best companies first to 200 finalists, then to the top 100 winners of this global award. Evaluations were made on both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy, and ecosystem integration. Read more…
Popularity: 8% [?]
BPOVIA, China, company, economy, Red Herring, service, Virtual Assistant
Because of the health scares of food, a new way is going to be used by Chinese information and game portal Netease.com to ensure pork a safe quality.
William Ding, Netease founder and CEO said his firm would start feeding over 10,000 swine in Zhejiang province with a pastoral environment and strictly organic diet.
It is said that the process of feeding swine and the journey of the porker from farm to pork will be online for the Read more…
Popularity: 8% [?]
business, China, economy, food, health, plan, pork, quality
More and more workers in Shanghai have been laid off because of the financial crisis.
As the financial crisis gets closer to the workers’ daily life in Shanghai, the white collar and some gold-collar workers are like toast of the town, feel the pressure from all sectors.
A Shanghai white-collar worker of an American company told us his company has relieved 10 percent of the staff, and there would be more layoffs after the Chinese lunar New Year holidays. Read more…
Popularity: 4% [?]
China, company, crisis, economy, employees, employers, job, layoffs, Shanghai
Invitation for Bids
Date: 18 February 2009
Loan No.: 2395-PRC
Project: Henan Sustainable Agriculture and Productivity Improvement Project
IFB No.: 0708-082007SKY004
Title: Apple Juice Concentrate Equipment of Sanmenxia Yuanfen Fruit Industry Co., Ltd
1. This Invitation for Bids follows Read more…
Popularity: 3% [?]
agriculture, China, economy, Henan, Improvement, productivity, project
Invitation for Bids (IFBs)
Bid No.: 0702-0920CITC1004
Date: 18 February 2009
The People’s Republic of China has received a loan from the Asian Development Bank (ADB) towards the cost of Zhengzhou-Xi’an Railway Read more…
Popularity: 3% [?]
bid, China, development, economy, project, railway, Xi'an, Zhengzhou
INVITATION FOR BIDS
Date: February 19, 2009
Loan Agreement No.: C03-P199
Invitation for Bid No.: 0701-09304Q001/01
0701-09304Q001/02
1. The Ministry of Finance of the People’s Republic of China has received an ODA Loan from Read more…
Popularity: 3% [?]
broadcasting, China, economy, Improvement, infrastructure, Ningxia, project
Though SIPI may sell its crown jewel, its share price still rises. The upward trend of SIPI’s shares is due to its sales with Brilliance Group on Feb 6.
After hitting the peak point of 14.15 yuan last Friday, SIPI shares ended with 13.21 yuan a share.
Approved by the shareholders of SIPI, the 1.06 billion yuan’s sale between its subsidiary and Brillance will be helpful for its core pharmaceutical business. It is said that SIPI’s subsidiary has owned 21.17% stake in Hong Kong-listed Lianhua. Read more…
Popularity: 3% [?]
China, economy, income, industry, sale, share, SIPI
A clause in a sweeping economic stimulus package would undermine the country’s foreign policy and threaten the relations with other countries, especially with China, according to economists and scholars.
The main purpose of the ‘Buy American’ clause in a bill that President Barack Obama made law on Tuesday is to release $787 billion to rescue the US economy. The stimulus law says US iron and steel would be used for government projects.
It also states that the ‘Buy American’ provision be applied reducing US responsibilities without international agreements, and this Read more…
Popularity: 3% [?]
China, crisis, economy, law, policy, purpose, relations, U.S.
Sino-Us relations is now facing new challenges due to the global economic crisis, said Morgan Stanley Asia Chairman Stephen Roach on Tuesday at the US Congress’s US-China Economic and Security Review Commission.
Roach said that during the recession while the America’s unemployment gets high, it is inevitable for people to believe what Geithner has commented—China is playing a more influential role in this crisis. His words were rooted from what Read more…
Popularity: 3% [?]
China, crisis, economy, recession, relation, U.S.
According to a survey, in spite of higher operational costs brought by the financial crisis, there are fewer multinational companies focusing on manufacturing planning to relocate their manufacturing facilities out of China.
