The Ministry of Commerce showed its worry on its website yesterday of the thorny issue resulting from India’s practice of limiting the imports from China. It also made the suggestion that India should take a second thought about this action.

It’s reported by the Ministry that India took its stand mainly in three aspects. In the first place, seventeen trade remedy survey have been launched by the Indian government on products imported from China since October 2008. The total amount of all the products Read more…

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chance, China, economy, import, India, toy

Where to find a suitable investment places has become a tough question for many entrepreneurs. There is a notion which is widely accepted by the investors that the factories and infrastructures should be built in developing countries, where has the massive cheap labor-force and low cost of soil rent. However, as the time goes by, especially after the 9•11, the terrorist and extremist attack has become a very essential factor for the business people to make the decision of the investment. To be sure, both Iraq and Afghanistan would not be ideal places for investment, for the anti-terrorist war is going on there. Meanwhile, the serial terrorist attacks took place in Mumbai, the largest city-port in India, 27th Nov. 2008, monitored us even the places where seem like peaceful and owns the beautiful sceneries might be trustworthy.

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China, India, investment, Public Security, Terrorist attack

The two most populous countries in the world should have a “farsighted, strategic and long-term perspective” in their joint effort to get over the global financial crisis, President Hu Jintao told Indian Prime Minister Manmohan Singh last Saturday.

Hu said that developing good-neighbourly relations has been a consistent policy of the Chinese government since China and India are major developing nations on the sidelines of the 7th Asia-Europe Meeting (ASEM).

The two countries should Read more…

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China, farsighted, India, populous, relations

PRESS NOTICE

INVITATION TO PRE-QUALIFY

(1) The Head of Chancery, Embassy of India, Beijing, on behalf of President of India, invites prequalification applications from reputed firms/contractors who are specialized on interior works for the following project which is under construction: Read more…

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Beijing, India, interior, invitation, prequalify

KPMG released its report on the study of outsourcing development. According to the report, both India and China are named the most popular outsourcing destination in Asia. Moreover, Singapore ranks the third in the research. By analyzing the differences between Singapore and its competitors, we can conclude that the service from Singapore cost more than other Asian developing countries. Due to the strong intellectual property protection, a well-educated talent pool, and overall a more secure and stable pro-business environment, the investors have to pay more in order to meet the need of the regulations in Singapore government and market. On the contrary, owing to the relatively backward laws and regulations in market economy and intellectual property protection, it will definitely help to save the cost.

Furthermore, in order to meet the challenges from other competitors, India outsourcing companies usually have a 3-5 years plan, which will surly contribute a lot to the business expansion and the keep the contact with the main customs. Just as what is said by an expert in economy that outsourcing is gaining steam and companies with no plans to outsource may soon find themselves at a competitive disadvantage. As a Chinese proverb goes Preparedness ensures success, unpreparedness spells failure. Thus, the importance of the developing plan for a company and industry cannot be overemphasized.

In addition, the all-rounded functions of India and Chinese outsourcing companies should not be omitted. For the reasons that they can provide services in the large scales, they are available for many personal demands and unusual orders. The low-cost, less time-consuming and the non-core activities are the core-competition of the outsourcing industry. However, only heritage the tradition of industry routine will broaden and enlarge the business of the industry. For example, many Chinese and Indian outsourcing companies can help their customs to design the strategy, such as research and development, engineering and risk management. In contrast, Singapore companies’ business is merely based on the traditional items, which brings fairly negative impact on the development of the companies.

In a word, outsourcing industry should not be only confined in the traditional routine, but try to search for the virgin land, where could help to promote the business.

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China, India, Outsourcing, Singapore

The BPO industry is developing fast in the world, especially in India where the annual growth rate is estimated to be 50 percent. However, there are some problems that cannot be ignored in the sound progress of BPO industry, such as human resource management.

The main challenge for HR professionals, said James Huang, CEO of BPOVIA Ltd, is how to manage a large number of people at a very short time. A HR professional has to handle heavy pressures in the BPO sector as the requirement needs keep changing on an hourly basis. With the help of some parameters, such as the certificate launched by NASSCOM, it’s neither difficult to choose top-level managers nor freshers. HR policies should also be customized to brand building, for human resources are becoming human relations with more emphasis on emotional bonding.

Compared with India, China’s BPO industry is not fully developed, but is catching up in many aspects. BPOVIA Ltd is just one of the competitors, who are taking an active part in Chinese business development.

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BPO industry, China's BPO, HR, India

A long-term strategic partnership has been established between China’s B2B e-commerce portal alibaba.com and Infomedia, India’s largest yellow pages and special interest publishing company.

Alibaba’s net profit rose to 967.8 million yuan, more than quadrupling that of last year. Currently, the Hang-zhou based company has nearly 300,000 paid members, possessing about a 70% market share of the online B2B trade in China.

And in India, since the launching of its Indian channel last December, around 20,000 Indian companies have signed up each month for it. The number of Alibaba’s members has already exceeded 400,000.

The partnership of the two sides will see the integration of the power of traditional print publishing with online media and e-commerce to provide India’s small and medium-sized companies with a one-stop solution for global and domestic trade.

“India is a priority market for Alibaba’s global plans and Infomedia will help provide on-ground support including sales, marketing and customer service,” said the Alibaba CEO Wei Zhe.

“We believe the alliance will help Alibaba become a major online trade platform in India by the end of 2008,” Wei said.

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Alibaba, China, e-commerce, India, Infomedia, partnership

"Over the last three years, the Chinese, Philippines and Malaysia have emerged as very strong contenders in the IT-related services," Milan Sheth, partner of business advisory services and leader in technology and telecom Verticals, Ernst & Young India, told ZDNetAsia in a phone interview.

"It will be naive not to take the threat from these countries seriously," Sheth said. The Philippines, he said, has emerged as a very strong threat to India in the provision of voice-related services.

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BPO, China Business, India, Offeshoring, Outsourcing, Threat

China’s sales of IT outsourcing work are growing at roughly twice the rate of India’s. Consulting firm Analysis International says they jumped 45% in the fourth quarter of 2007, to about $600 million. Although much of that was for clients in Japan and other Asian countries, China is making a push to extend its reach. In 2006, the central government launched the “Thousand, Hundred, Ten” project, aimed at cultivating 1,000 Chinese outsourcing companies that would cater to 100 international clients. Beijing wants to situate them in at least 10 cities. Some are familiar locales — Shanghai, Beijing and Shenzhen. But success or failure may come down to smaller cities largely unknown abroad.
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BPO, China Business, India

In the BPO field, China is perhaps the biggest challenge in the future and the largest threat to India with the largest population and fastest economic growth. However, India is well placed in terms of parameters like cost savings, competency, technical infrastructure, language and skill pool to keep itself as competitive as before.

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BPO, China Business, India