Market China

lundi 9 septembre 2013

Market State in China !

China's interbank squeeze in June led to a sharp decline in the local stock markets and in early July , it was difficult to find someone who did not think that China's economy was to be found in big trouble.
On Monday, the Shanghai Stock Exchange was the largest increase since December 2012.

The Shanghai Composite Index by more than 13 percent from its low on 27 June its lowest point so far in 2013. Trade , inflation and manufacturing data from China in the past few weeks were all generally positive.
It is not clear that the economic fundamentals have improved significantly , or that the government made progress in reining in excessive credit creation and misallocation , but Beijing is doing its best to ensure a stable growth . The prediction of a " Lehman -style credit crisis " or a sharp slowdown have a few months appear to underestimate the central government 's determination to keep the things going.

Chinese Banks

We are three weeks from the end of the third quarter , as Chinese banks are back on their usual quarter-end voltages. But another liquidity crunch is unlikely for at least two reasons.
First, although interbank rates even higher than they were before June , the central bank has been injecting liquidity and the banks seem to have been taken in June naive. Second, the first October National Day holiday, the 64th Anniversary of the founding of the People 's Republic of China . It is hard to imagine that Beijing wants to experience a recurrence of something like the chaos in June immediately prior to such leave , the banks should the liquidity they need , one way or another .
The Financial Times published an opinion piece that was written on Monday by Prime Minister Li Keqiang at the opening of Summer Davos Forum in Dalian in later this week. Mr. Li , as expected , offered an upbeat Given the economic situation :
Observers wonder whether China's economic slowdown lead to a sharp decline - or even a hard landing - and whether our reform agenda derailed by complex social problems. My answer is that our economy is going to get their sustained and healthy growth upright and China to stay on the path of reform and opening . ...

the new Chinese government

Shortly after taking office in March, the new Chinese government has their policy was clear , economic growth, improve people 's well-being and promoting social justice . We can no longer afford to continue with the old model of high consumption and high investment. Instead, we need to take a holistic approach in pursuit of steady growth, structural adjustment and further reform.

Chinese Governement Policy

Mr. Li comments to be defining some important markers for significant economic reforms that can come out of the third plenary in November. The reforms in this conclave is decided many months or longer to implement , but there are increasing signs that the leadership intends relatively bold steps .
A recent reform achievement for Mr. Li is the decision to create a Shanghai Free Trade Zone for which he apparently " fought strong opposition. " He sat down , and the plan for the zone was not only discussed at a meeting of the Politburo in late August but was called that meeting of the Politburo also for its relevance to broader reforms in the Chinese-language version of the official Xinhua .
China's economy still has a lot of problems , but bearish investors want to be careful in the fight against the dynamics of the November plenary.
strong competition My most recent column discussed the changing state of the smartphone market in China. Since then, the smartphone maker Xiaomi Hugo Barra , senior Google Android executive , hired to run its international business , confirmed a fund-raising at a $ 10000000000 Valuation (more than both Nokia and BlackBerry are worth ) , and introduced new mobile phones and Internet enabled TV .
Apple to introduce new iPhone at an event in California on Tuesday, and for the first time, it will hold a satellite event in Beijing just a few hours later. There are reports that the company is finally close to an agreement with China Mobile , the dominant mobile operator in China. A China Mobile deal is so strategic that it is hard to imagine that Apple CEO Timothy D. Cook not come to Beijing for the official announcement , so if Mr. Cook is on the Apple event in California on Tuesday , do not expect informed a China Mobile on Wednesday .
Apple needs help in China. Analysys International released its second-quarter revenue estimates phone unveiled last week that China's 77.11 million smartphones were sold in the quarter, Apple had only a 4.6 percent market share

sources:

Written by Gary

jeudi 5 septembre 2013

Top and luxurious villa built on the Top of Builing in Beijing

A tycoon medicine spent six years building his own private mountain top and luxurious villa atop a high-rise building in the capital of China, winning the unofficial title of "the most scandalous illegal structure. "Now the authorities giving him 15 days to demolish.

While all land in China technically belongs to the state - with buyers simply given leases of 70 years - the rules are often vague, leaving the issues of rights of use and ownership problems. A city in Sichuan Province recently minor sensation when it was discovered to have reduced the duration of land leases in the normal 70 years only 40 years. The response of local government to public inquiries drew more jeers. The officials posted a statement online now that the law allows for rental periods of less than 70 years and adding: "Who knows if we'll still be in this world in 40 years Do not think too long term.".

The steep complex will be destroy !

The steep complex parts, rocks, trees and bushes hanging over the 26-storey building looks like something built into a cliff, the sea, and has become the latest symbol of defiance of the law in rich as well as the widespread use of illegal building additions. Angry neighbors say they have complained for years that the unauthorized, of 800 square meters (8600 ft. Feet) mansion and landscaping joined undermined the structural integrity of the building and its piping system, but local authorities have failed to suppress. They also complained of strong parties, late at night. "They have been renovated for years. They are normally at night, "said a resident of the 25th floor of the building, adding that all attempts to reason with the owner were met with indifference." He was very arrogant. He does not care about my complaints, "said the neighbor, who declined to give his name to avoid implications. Haidian district urban management official Dai Jun said Tuesday that authorities would tear the structure of two floors down in 15 days, unless the owner shall himself or present evidence, it was legally built. Dai said that his office has not yet received such evidence.

sources :

lundi 2 septembre 2013

China drinks

water

ATTENTION, the water is not drinkable in China. Keep your tablets Micropur or Hydrochlonazone for possible treks , because you can easily buy small bottles of mineral water. In addition , hotels always provide you with a thermos of boiled water, kai shui (pronounced " Quaille choueille ") in the rooms. The Chinese rarely drink plain water , but many enjoy a cup of hot water.

Tea

The Chinese drink par excellence. The Chinese drink mostly green tea ( Lucha ) . Lighter than black tea and deemed more healthy, it is not fermented but simply dehydrated (80 % water in the sheet) , and then roasted . Some great wines are maojian (Hunan and Guizhou ), the biluochun (Suzhou ), the longjing (Hangzhou) and maofeng ( Huangshan Mountain ) . Regarding the black tea (fermented) locally called red tea ( hong cha) , its flavor is more pronounced and more responsible in caffeine , hence its success with Westerners. You 'll often collapsed into cake or brick . There is also an intermediate range of semi- fermented tea ( oolong cha) , which is a good representative Guangyin tea. Finally , we must mention the many flavored teas (chrysanthemum , osmanthus and jasmine tea ) , the rarest teas like white tea ( very young green tea leaves covered with fuzz still in bud ) , or tea yellow master whose jealously guard the recipe.

Beer

Beer pijiu (pronounced " Pitio - or ") is also a particularly affectionate drink by the Chinese. Extremely cheap beer comes in hundreds of brands including the famous Qingdao (or Tsingao ) , imported by German brewers in the late nineteenth century in Shandong (former concession ) or liquan popular throughout the South . Generally low in alcohol , beer comes in glass bottles ( large or small) or cans (often the prerogative of imported beers). Recently, we also note the appearance of draft beer ( Zhapi ) very fashionable bars in Beijing or Shanghai.

The wine

Wine hongputaojiu (pronounced " or - tio Ronge poutao ") is not part of traditional Chinese culture, which prefers hard liquor ( jiu ) . Thus , very often, local productions disappoint palates . Evoking a more sweet wine fortified wine ( port type), the Chinese red wine remains a separate product . But over the past fifteen years, China has made considerable progress. If the best wines often come from collaborations with the West are beginning to find some small local wines quite honest. As for imported wines , they are increasingly present in some chic restaurants and westernized . Their prices vary according to their origin : a wine from Australia or Chile is cheaper than French wine.

Alcohols

Buffs spirits ( jiu ) , the Chinese do not hesitate to close a good tuck , emptying a full bottle of eau-de -vie any . Among the best liquor, Maotai ( 53 ° ) of all banquets. In the region of Maotai, we also manufactures the Xishui , very fragrant and sorghum , and wine Dongjiu blend of sorghum, wheat and Chinese herbal medicines . Also include the Daqu (55 ° ) of Guangxi , famous alcohol sorghum and Wuliangye Sichuan alcohol five cereals ( millet , sorghum, rice, maize and non- edible grass that grows in rice fields) . If you enjoy moderately hard liquor rather try the rice wine , the glutinous rice wine ( nuomijiu ) . Most are eaten slightly heated.

source: travel.cnn.com/drinks-china-410151‎
en.wikipedia.org/wiki/Chinese_alcoholic_beverages
‎http://epermarket.com/

China new strong country of e-commerce

The growth of the mobile internet in China is increasing the number of Chinese Internet users and their online spending. The e-commerce are growing so fast that China is expected to exceed this year the United States as the world's first online marketplace in total expenditures, according to a report by Bain & Company, quoted by Reuters.

Chinese e-commerce

The Chinese e-commerce has grown at an average annual rate of 71% from 2009 to 2012, against 13% in the United States, and its total size is under $ 539 billion (€ 407 billion) in 2015, according to the report. More than half a billion Internet users Overall, Chinese consumers spent online from 212.4 billion dollars in 2012 and 228.7 billion Americans. This growth will continue only if the Chinese Internet population continues to grow - and the standard of living.

Currently, about 44% of the 1.3 billion Chinese people (or 591 million people) are online, and 70% of new users access the Net from their phones. According to the Chinese giant (and world number one) e-commerce company Alibaba Group, online sales represent 10 years half of retail sales, against 6% currently. However, according to eMarketer, not in 2013 that the United States will be supplanted by China.

The institute expects a turnover of e-commerce in the U.S. to 384.8 billion dollars this year, significantly higher than the 181.6 billion planned for China, thanks to an average annual spending heavily higher (in 2221 dollars in 2012).

source： http://www.zdnet.fr
http://ecommerce-china.blogspot.com/
www.journaldunet.com

samedi 31 août 2013

The Bad Image of Chinese Tourist

"It undermines the image of the people in our country and made a bad impression."
Chinese tourists are rude. According to many news, Beijing has commercials in a program for the prevention of state television aired to encourage travelers to behave correctly. The idea of a new law was also issued to tourists who do not punish yourself on the local customs and traditions.
Graffiti, spitting and throwing garbage rudeness tourists hardly appreciated all over the world. And they perform many reactions in social networks, but also dissatisfaction leader. Recently a young Chinese carved his name on a bas-relief of the god Amun in an Egyptian temple, creating a scandal. An investigation was then started to find the culprit.

The Chinese authorities are upset. According to the magazine Vice, Wang Yang, a top executive as saying that his countrymen "a noise in public spaces was quoted engrave words on sights, cross the road when the traffic lights red, spit and other things uncivilized". He concluded: "It undermines the image of the people in our country and made a bad impression."
France is also the subject of myths about Chinese tourists. In the capital, a sign written in Mandarin encourage visitors to not do on the floor around the palace of the Louvre.
This new law is therefore to warn tourists. The Global Times, a Chinese newspaper, wanted to say that the blame race or nationality was as uncivilized to respond

sources Tourism, facebook page , twitter

vendredi 16 août 2013

Market information about China

With 9.5% annual growth over the past twenty years, China attracted outsiders and French companies feel they have a role to play in this huge market provided so many resources. But the clash of cultures, a growth that overturns all existing rules, a difficult environment to control because of the reforms and the adjustment to the WTO are sobering.

Liberalization of the Chinese economy

Market information Liberalization of the Chinese economy, however, remains extremely framed Omnipresence of the state Need to maintain good relations with local authorities Need to comply with the law and Chinese standards (there exist national régelmentations with a local executive and provincial rules) Need to adapt its offer to local demand (the country's import regulations, industry approvals, consumer tastes but also potential financial market)
The first commercial approach to industrial location, the company's best interest to proceed step by step in an environment she must learn to master even the shadows.
China as a strategic ally in Rhone-Alpes
China is the 3rd largest supplier and customer 9th of the Rhône-Alpes (source: DRCE) The machine provides 8% of imports of Rhône-Alpes (€ 2.9 billion and accounts for 2.7 of its exports (€ 1.1 billion) (source: DRCE) China is 8% of foreign direct investment in Rhone-Alpes and ranks sixth in foreign investing country (source: DRCE) IIBA lists 153 companies foreign Chinas original and seven Chinese companies l
Information on major Chinese cities
Shanghai: - Area: 6,340 km ² - Population: 19,213,200 inhabitants - GDP: 152.2 billion euros in 2008 - The first international port since 2005
The dominant industries: - Textile - Automobile - Telecommunications - Electronics - The largest stock market in the country is in Shanghai.
Traditional sectors: - Naval Construction - Industrial machinery - Biomedicine Beijing: - Area: 16,000 km2 - Population: about 17 million people - GDP: $ 174 billion (2009) - 26 of the top 500 global companies in Beijing (third largest after Tokyo and Paris)
The dominant sectors: - Services: 73% of GDP - Finance 750 financial companies generate 13% of GDP in Beijing
Growth markets: - Recreation, tourism - Property - Motor
Hong Kong: - Area: 1,100 km ² - Population: 7 million more than 8000 French - GDP: $ 147 billion - 3rd largest financial center
The dominant industries: - Logistical services - Finance (90% GDP) - Trade - Tourism, hospitality - Business services
Some features: - 50% of French exports to Asia pass through Hong Kong - Absence of VAT and tax on the dynamic luxury sector companies

http://china-market-research.blogspot.com

jeudi 15 août 2013

Corruption in the Chinese Real Estate industry !

An emblematic social program of the Chinese government that would enable millions of low-income families to decent housing, was marred last year by hijacking an amount exceeding EUR 700 million according to an official body.

5.8 billion yuan

A total of 5.8 billion yuan (708 million) were used to misuse, such as to finance expropriation or demolition, said on its website the National Audit Office of China (CNAO). The funds were "diverted" to the benefit of 360 projects and organizations, recognized this body to monitor the use of public money.
Rising prices concerned authorities

housing prices in recent years has excluded large parts of the population of homeownership

The property prices have become a serious problem in China, where high housing prices in recent years has excluded large parts of the population of homeownership. The Chinese authorities are concerned about rising property prices, well above inflation. The average price per square meter in 100 Chinese cities has reached 10,300 yuan (1,250 euros) in July, up 7.9% year on year. 36 million low-cost housing
The Chinese authorities, who fear anything that is likely to cause social unrest, therefore plans to build 36 million low-cost housing in the five-year plan (2011-2015) in progress. This program, which was allocated a budget of nearly 880 billion yuan (107 billion euros) last year, helped build 5.9 million units in 2012 and to help 9 5 million families. But 110,000 families who presented forged documents, have benefited from this assistance when they should not have to qualify, according to CNAO.

At a time when the market for Chinese Beijing real estate suffers from the acceleration in prices, housing is cheap marred by embezzlement.

read Real Estate website in China