lundi 23 décembre 2013

The mysterious impact of Increasing of price of Hotel in Myanmar

The mysterious impact of Increasing of price of Hotel in Myanmar

To understand the impact of industrial hotel, stealing one hour northwest of Bangkok on the new border with Myanmar in the industry.Chinese tourists are more than 100 000 in Myanmar in 2012. Amazing Growth?

On the roof of the Asia Plaza, a decrepit hotel in the Soviet-style modern one days diving in a swimming regrets his fate. His salary of $ 50 a month "is not enough to feed my family," he complained. A friend said that the only job he had was worse in terms of karaoke club and have sex for pleasure officers the military during the years of brutal military dictatorship.

Political Changement

State withdrew in 2011, and now that the Myanmar opens, move global chains, how to hunt relics Asia Plaza. "After that there was only North Korea," said an officer of the hotel. Currently Yangon, the commercial capital, has some chic rooms, the rates are tripled in two years. But pubs of the city, next to the arms dealer and diplomats, the specialists trained Swiss food and drinks catering schools. Hilton Peninsula, Best Western and Accor have signed agreements buildings. More will follow.

The process is not always pretty. Accor has Zaw Zaw with, a tycoon on U.S. blacklist because of his links with the generals a partnership. "He jokes in meetings that this is a military operation," whispers an Accor Manager. "Everyone laughed, but we do not know if he wants it." But the construction work is in progress. Next to the house of Aung San Suu Kyi, a Nobel laureate who has led the opposition to the military regime, is located on a 400-room hotel, a sea of ​​mud. developed a short drive south of Yoma Strategic Office, a conglomerate, the hotels, buzzing with the Americanized twang of youth Aborigines, who returned from abroad to rebuild their country. "After that there was only North Korea," said an officer of the hotel

The task of managing these hotels with international standards will not be easy. Utilities are ugly when the hotels have their own generators and water filtration systems. Credit cards work irregularly, so that hotels need to manage in a position to bundles of bills. A manager is concerned that the hotel boom will overwhelm the system of communal collection. However, this should lead to more investment.

Manage a Hotel in Myanmar is not that easy

Food suppliers also benefit. Known in a cold room next to his business Ye Htut Win Yangon, as "Sharky" exhibits locally produced ham, each with a name tag from the hotel. Once owners Cocktail - Bar in Switzerland, he returned to a food business that supports 350 jobs start. Cerati Paolo, an Italian, who was trained as a missionary, a company leads of vegetables a garage. Cherry tomatoes and rocket from the war-torn north of the country (its main competitor smuggled into salad Taxi Thailand) buses. It supports 30 jobs and investing $ 200,000 truck and deposits.
Big suppliers to pass. In a room full of teriyaki marinade exposure and import French wine, Wang Li Jun, head of Premier Foods Distribution, said he plans to its supply chain to strengthen a level last Myanmar desperately needs.

what are the main problems? 

The biggest headache of new hotels will be to find and train employees in everything from the guests with deodorant Barbary meet. But recruitment is good news for the local population, who see to increase their wages. For example, Myatt Soe Htwe will soon become the first French pastry chef in the country. His family are farmers cow who find the idea of ​​$ 100 meal "crazy." It does not seem that it prepares the taste of food she likes. But if they can expect $ 300-500 per month to earn a decent income in a bad location their studies.
According to an official estimate, the hotel and catering could create more than half a million jobs in Myanmar alone in 2020.
a specialist, hands Kitchen Paris were "slaves of the modern world." But in poor countries, hotel chains offer some of the best jobs around

samedi 21 décembre 2013

Citroen DS5 LS for the Chinese Market

Citroen DS5 LS for the Chinese Market

The revolution is on. Thursday, September 19 , Citroën unveiled at the Louvre, the world premiere of the fourth vehicle in its DS range : the DS5 "LS" . The initials LS mean " luxury sedan " or notchback sedan (with trunk apparent) luxury ...

DS5 LS the Revolution ?

But the revolution is not in the new name or in the presence of a chest, but on the front of this new vehicle .

The famous Citroën chevrons have indeed disappeared. On the radiator grille , the only logo this is " DS ". It took three years for Citroën leaders take this decision. The reason is simple: the new DS 5LS has been exclusively developed , at least initially , for the Chinese market . However, for a year and its launch in China , DS is considered in the Middle Kingdom as a brand in its own right and not a range of Citroën .

PSA strategy

Moreover, to develop DS , PSA Peugeot Citroën is not based on the traditional local partner Dongfeng , but Changan .
a joint venture Changan -PSA ( Capsa ) has just opened in September first plant , with a capacity of 200,000 vehicles , a suburb of Shenzhen where the DS5 will be produced LS, next to the 5 local DS . Until the summer, DS concessions sold only a few dozen DS imported from Europe. But since the fall, the rate increases significantly.
"About 3,000 copies of DS5 have already been ordered, says Yves Bonnefont , the Deputy Director General and head of Citroën DS range . We deliver on average a thousand DS5 produced in China per month. Ramp up faster than we had anticipated. "
Citroën DS5 LS, for the Chinese market .
However, even locally, the DS5 is not a pure Chinese product . It breaks too many codes to position itself as the flagship vehicle of the French luxury in the country.
Indeed, with his chest tailgate, a space at the back very limited , this vehicle is primarily made ​​for drivers. But in China, the silver vehicle owner prefers ... to be driven. The DS5 LS must meet these desiderata . In a very simple line , both wider and longer than a conventional DS5 , this new model is better suited to the usual Chinese luxury codes .

Luxury Code in China

Like its cousins ​​in the range, the new model offers a refined interior and exterior finish: light LED rear chrome decoration on doors, dashboard trimmed in leather , air ionizer , treated plastic parts , seat massage , acoustic comfort , touch screen ... It will have also the latest generation of 160 and THP 200 petrol engines developed with BMW.source
Contrary to what its name might imply , the DS5 LS is not strictly speaking a derivative of the DS5 . Clearly, " we left early to draw," says Bonnefont .
However, to facilitate industrialization , it shares the same technique as the DS5 platform. SUV with future PSA intends to launch in late 2014 , the new model should allow DS to accelerate its development in the country.
For the success of this brand through China. Since 2010, it took nearly 400,000 DS3 , DS4 and DS5 in Europe, but it is still not enough. To go into overdrive , China must take over. By the end of the year , the brand should have 51 concessions in the country, then a hundred at the end of 2014. And entrusted the spring source at PSA , " the next three to four years , we would sell about 150,000 DS per year in China."
Written by Pom

Yves Bonnefont does not intend to make a public commitment on numbers. For the firm IHS Automotive in 2015 , DS could sell up to 55,000 units.
The Chinese market will not be easy for DS ensures Namrita Chow, IHS Automotive. However, as it is still growing , local production will help increase supply and thus cause a change in perception of Chinese consumers

samedi 23 novembre 2013

Why luxury market in China is changing!

Why luxury market in China is changing! 

Excessive reception fees , misuse of company cars or trips abroad deemed unnecessary ... Not less than 16 699 people were fined for violating the new rules of the Chinese Communist Party (CCP) imposing more sober representatives of public administration , reported Monday, November 17 the new China news agency , citing the Central Commission for discipline Inspection , policeman single party. Early December 2012, the Political Bureau of CPC , chaired by the leader Xi Jinping, had launched an ambitious cutting waste , aimed especially red carpets, floral , luxurious banquets watered expensive liqueurs and other extravagances which benefited the CCP officials .

Violation records are spread over a period of about eleven months. However, such commitments are regularly proclaimed at the top of the regime and often remain wishful thinking , fueling a resentment in the population, which criticizes willingly exorbitant privileges enjoyed by leaders.

mardi 22 octobre 2013

in China , rich get richer

In China , rich get richer

The 400 richest people in mainland China are richer than a year ago, in spite of the sharp slowdown in the country occurred since economy, Forbes magazine said on Wednesday. The increase - $ 400 million on average for each of them - illustrates the growing gap between the super-rich of the second world economy, and the millions of people struggling to overcome poverty.

 "The rich get richer," said the bureau chief of Forbes Shanghai, Russell Flannery, during a press conference where the magazine unveiled its annual ranking. "The rapid growth of the largest fortunes in the country seems to be totally disconnected from the slowdown in the Chinese economy," he added. According to Forbes, the volume of net assets of the top 100 Chinese fortunes jumped 44% compared to the same period last year, to $ 316 billion, and now counts 168 billionaires - a record. At the same time, the Chinese economy has been slow: it recorded throughout 2012, its worst performance since 1999 (to 7.7%), before slowing down significantly in the first two quarters of 2013. For Forbes, the enrichment observed at the top of the social ladder is due to the robustness of specific sectors, including the Internet, automotive, entertainment and real estate said Patty Sanderson .

Richest men in China

 Topping the list, the richest man in China with a personal fortune of $ 14.1 billion, is Wang Jianlin, head of conglomerate Wanda - whose activities range from real estate to finance. He became the first owner of movie theaters in the world after the acquisition of the American AMC Entertainment. Thanks to a rebound in real estate prices and investment in AMC's fortune Wang inflated by more than $ 6 billion a year, allowing him to snatch first place in the multi-billionaire Zhang Qinghou, head of the Wahaha beverage group - which Forbes had reported mid-September. The fortune Zhang, relegated to second place, fell in one year $ 10 billion to $ 11.2 billion. Robin Li, founder of Baidu search engine, is in third place, despite a whopping 37% of his personal fortune at $ 11.1 billion. Two other Internet billionaires are in the top 10: My Huateng, owner Tencent - which develops particularly the popular messaging application WeChat - and Jack Ma, iconic boss commerce giant Alibaba online. Li Hejun, chairman of Hanergy green energy group, made a surprise entry in the ranking, appearing immediately in fourth place with a net worth of $ 10.9 billion..

Written by Christian 

dimanche 20 octobre 2013

how to explain the growth of China's economy

How to explain the growth of China's economy

The growth of China's economy accelerated in the third quarter, its fastest pace this year as a result of an increase in industrial production and retail sales, driven by internal and external demand. The GDP grew at 7.8% annual rate, according to figures released on Friday 19 October, the National Bureau of Statistics, after 7.5% in the second quarter. Zhu Haibin, chief economist at JP Morgan in China, analyzing these figures, arguing, inter alia that "there is no doubt that China will be able to meet its annual growth target of 7.5%." This is in line with market expectations. The recovery is very strong in the third quarter over a year. Growth compared to the previous quarter improves even more clear. This is obviously good news. There is no doubt that China will be able to meet its annual growth target of 7.5%. Uncertainty about it disappears the moment.
The next step is to see how this recovery is sustainable. We're a little more cautious about it and we think that the third quarter is probably the peak of the recovery.

economic activity

We believe that the November meeting of the plenum of the Communist Party (the third plenum in Xi) is the right time for the government to present its reform program, it supports the restructuring of the economy rather than focusing on the future on maintaining growth. The fundamentals have not really changed. So, what the current recovery is justified? There are three key factors. The first is the change in policy since July. The government has clarified its intentions to stick to its target of 7.5% growth and a minimum 7% floor. This reassured the market. A series of concrete measures to stabilize economic growth has been reported, particularly investments in infrastructure, railways, social housing, environmental protection and social security. This gave the market a more concrete idea of ​​the government's determination to maintain growth. The second factor is the translation [in the economy] the strong credit growth early in the year. It must be remembered that the first quarter growth was extremely strong. Or two quarters are usually required for this credit growth feels on economic activity.
The third point is the profit from the recent recovery in developed markets, the United States, euro area, Japan. Exports pick up in recent months. These are the three engines of the solid performance. What do you Plenum of the Communist Party in November? Some talk of ambitious economic reforms, others doubt ...
The new administration [President] Xi Jinping and [Premier] Li Keqiang is very clear that she will advance economic reforms. It will happen.
Two things are important today. One is that actions are more important than discussions. In November, we will see clearer evidence of this reform program. But in 2014, we expect to see more action than talk. What matters also is the reform strategy. We believe that China will maintain a gradual approach to reform. This means that the change will happen, but maybe not very fast. We will not attend the "big bang" reform in 2014, but it will pay attention to specific sectors where reforms will occur faster.

Financial reform, tax, the land law and the administration to reduce the role of government in economic activity. These are the key areas that we will follow in 2014...

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dimanche 13 octobre 2013

Chinese Economy Statut Quo September 2013 !

Chinese Economy Statut Quo September 2013 ! 

Shipments abroad fell 0.3 percent from a year earlier, the General Administration of Customs said yesterday in Beijing, behind 46 states in a Bloomberg News survey that had a median projection for a gain of 5.5 percent. The slowdown in trade resulted from a high comparison base last year, the agency said in a statement.

Chinese DGP

The statistics office will release GDP figures for the third quarter on October 18, The economy probably expanded 7.8 percent from a year earlier, according to a Bloomberg News survey, up percent pace in the second quarter 7.5. "The government still wants to maintain the momentum of growth and on the basis of current data, it can achieve its objective, but with a very low margin of safety,"
The report may add to the difficulties of Premier Li Keqiang in defending goal of expanding 7.5 per cent by the government this year. The International Monetary Fund cut its global growth outlook last week that outflows are more destabilizing for emerging markets and warned that failure to pay the U.S. government would "seriously undermine" the global economy. "It's pretty creepy," said Shen Jianguang, Hong Kong-based Asia chief economist at Mizuho Securities Asia Ltd., citing the impact of inflated export data that began last year, less than working days due to the timing of the Mid-Autumn Festival holiday and currency volatility in Southeast Asia.
"There was a recovery in exports since July in the United States and Europe, but it was quite low," said Shen. "The driving force for the recovery of China at this stage is still the housing and investment in infrastructure. " Yuan gains
China is the biggest Oil importators since 2013. via

Exports to the United States rose 4.2 percent in September from a year earlier, slowing from 6.1 percent in August, while sales in South Korea, Taiwan and the European Union dropped, customs data show. Growth in shipments to the Association of Southeast Asian Nations has slipped 9.8 percent to 30.8 percent the previous month. The benchmark Shanghai Composite Index (SHCOMP) of stocks rose 2.5 percent last week, the biggest weekly gain in a month, and the yuan rose 0.02 percent against the U.S. dollar in Shanghai. Estimates for export growth in September ranged from 1 percent to 8.2 percent, against 7.2 percent increase in August and a gain a year earlier to 9.8 percent. On a seasonally adjusted basis, exports rose 5.3 percent year on year and 8.3 percent from August, the agency said.

Bank analysis

Comparing exports of September the previous year may underestimate the true picture because of the distortions of data inflated in 2012, analysts at Credit Agricole CIB and Citigroup Inc. said before the report. Regulators May repressed over-invoicing of exports used to cover capital inflows. "Artificially depressed"
"Sometimes the data from a single month can not tell the true story, and there are also other factors," Zheng Yuesheng, spokesman for Customs, told reporters at a briefing yesterday when asked about the decline in exports. "I see this as a seasonal thing." Dariusz Kowalczyk, chief economist and strategist at Credit Agricole in Hong Kong, said before the report that "the trade figures in the next two months, particularly in terms of exports, will not be a good reflection of the demand for Chinese products abroad or global economic activity, they are artificially depressed because of what happened last year. " Kowalczyk had the lowest for exports in September to estimate the Bloomberg survey, projecting an increase of 1 percent. Imports (CNFRIMPY) rose 7.4 percent last month compared to the previous year, customs data show, exceeding the median forecast of 7 percent in a Bloomberg survey. The trade surplus of $ 15.2 billion, compared with a median projection 26.25 billion and U.S. $ 28.5 in August Healthy Image While imports used for processing and re-export "still not doing very well, those that feed in its own economy of China continues to grow very strong, reflecting an image still quite healthy in terms of demand," said Louis Kuijs, chief China economist at Royal Bank of Scotland Plc in Hong Kong.

Imports and Ecommerce 

Imports of oil daily from China rose to a record last month. Purchases rose "because of the growing economy and the increasing demand for resources," said Zheng.
ecommerce in China is still booming, and many shops imports goods can not be control by the policy. source
In addition to fewer working days of the month, the stronger yuan also "eroded the competitiveness of China's exports," Liu Li-Gang, Director Greater China economist at Australia & New Zealand Banking Group Ltd. in Hong Kong, said in a note yesterday. The yuan has risen about 2.7 percent against the U.S. dollar in the 12 months to September, while Asian currencies, including the yen, Singapore and Taiwan dollars and Indonesian rupiah fell. Port Flow


There are still "risks to the Chinese economy," wrote economist Liu and Hao Zhou. Although there has been speculation of slowing trade in September has over-invoicing of last year, "our preliminary report showed that the port speed indeed slowed in major banks last month," said they.
The IMF said on Oct. 8 that global growth will be 2.9 percent this year and 3.6 percent next year, compared to July, projections of 3.1 percent for 2013 and 3 8 percent for 2014. While Zheng warned at a conference of the pursuit of "downward pressure" on trade, he said an investigation by the customs administration of approximately 2,000 exporters showed overseas shipments "will maintain a stable growth in the next two or three months, "according to comments on the controls and costs.
Premier Li said last week that gross domestic product grew more than 7.5 percent in the first nine months of 2013, putting China on track to meet its full-year target at the same rate .

mardi 8 octobre 2013

Luxury Tourist Market from China

Luxury Tourist Market from China

The Chinese bought goods tax free is € 158 million ( $ 222.5 million ) in France, the most luxury destination for Rich people.

This represents an increase of 47 per cent in the previous year, according to Global Refund , a company specializing in tax-free shopping for tourists.

Chinese tourists are special declare han the owner of this blog
They like to spend money for discount luxury things and are very sensitive to the quality of the services...

 What about the Russian Tourist ?

The economic crisis caused Russians to curb their spending, which fell 22.7 percent to 111 million euros according to the study , based on figures collected by stores partnering with Global Refund . Chinese tourists spent an average of € 1,071 in tax-free goods last year, while the Russians bombed to € 1,055 each.
"The increase in Chinese is not surprising.

 What was unexpected was the decline of business done with the Russians , " Jean- Marc Leroy , CEO of Global Refund .
Tax-free shopping by Chinese tourists has increased over the past two years , from 39 percent in 2007 and 23.3 percent in 2008. They now account for 15 percent of sales and 13 percent of transactions. The Russians were the only tourists to spend less last year.

"( Russians ) who came to spend lavishly in France have seen their incomes fall , even if they are still rich and probably very busy with their businesses ," said Leroy .

What about Japanese tourists?

Spending Japanese tourists increased by 16.7 percent to € 100 million, € 823 per person , due to a favorable exchange rate , Global Refund said.
Americans opened their wallets after reducing their spending by 25.2 percent in 2008. U.S. tourists spent € 61 million last year , a modest increase of 1.9 percent.
Brazilian fifth that spending rose 5.4 percent to 39 million euros .
Ukrainians are the biggest spenders on average € 1,481 per person , followed by tourists from Saudi Arabia , who spent € 1.435 each.
They also had a big appetite for watches and jewelery , with Ukrainians spend € 7.782 on average for these goods while Saudis spent € 4,978 .
Overall , spending on tax-free rose 4.3 percent in 2009 , compared to between six and seven per cent last year

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jeudi 26 septembre 2013

Luxury Market in China !

Luxury Market in China !

Penalized by an economy become "more difficult" amid slowing China, British luxury group Burberry launched Tuesday a profit warning. Immediate consequence: the stock fell heavily finisant day on a decline of 21% .... The group, which is a waterproof timeless symbols of British chic, announced expect that its adjusted earnings before taxes for its fiscal year ending March 31, 2013 are inscribed around the "low end market expectations.


" Burberry did not give precise figures but according to a consensus reached by FactSet, analysts rely on a range from 405 to 445 million pounds (about 506 to 556 million euros). In FY 2011/2012, the profit before tax was set at 376 million pounds, up 26%. Heavy dependence on China "Despite its British origins, Burberry depends strongly on the growth of Asia, where he recorded 37% of its revenues," commented analysts at Dolmen Stockbrokers.

 Chinese economy slows down ! 

However, the Chinese economy slows down, posing a risk appetite of Chinese consumers for large claws which is the main engine of growth of Burberry and other industry groups. The profit warning Burberry has sealed all the luxury that had yet ignored the crisis so far, analysts warned against the danger of a late Chinese Eldorado.

At the Paris Bourse, the French LVMH and PPR respectively dropped 3.36%

written by Han

mercredi 18 septembre 2013

What are the Ambition of Apple in China ?

What are the Ambition of Apple in China ?

Apple, which launched Tuesday its official invitation to an event on September 10 in California, during which he is expected to unveil its new iPhone, also called Chinese journalists at a press conference the next day. The event will be held in Beijing on September 11.

This announcement gives credit to the rumors that mention the launch of two different iPhone models, the 5S which is an improved version of the iPhone 5, available in three colors with a "champagne", and 5C would be a version " low cost "intended primarily for the Chinese market.
The U.S. invitation, on which are colored bubbles, would also tend to confirm this hypothesis, because it's been months since the rumors betting on a 5C iPhone declined for the first time in many bright colors.
Apple could take the opportunity to reveal a trade agreement with China Mobile, the number one operator in China and the world's largest operator by number of customers (740 million), which is the only one not to distribute the iPhone in the country. This would give the U.S. firm a huge new clout in Asia.
Apple would have a market share of about 9% in China, and would be placed between the fifth and seventh position in terms of sales. Its sales there fell 43% in the second quarter, a quarter over quarter and 14% year on year.
China is the world's largest market for smartphones.,0,7518069.story

jennifer Liu in China

lundi 9 septembre 2013

Market State in China !

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

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Written by Gary

jeudi 5 septembre 2013

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

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.

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lundi 2 septembre 2013

China drinks

China drinks


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.


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 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.


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.


China new strong country of e-commerce

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).


samedi 31 août 2013

The Bad Image of Chinese Tourist

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

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

jeudi 15 août 2013

Corruption in the Chinese Real Estate industry !

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 

vendredi 9 août 2013

Industrial production in China rose by 9,7%

Industrial production in China rose by 9,7% 

Chinese Economy is still growing... the industrial production  rose slightly more than expected in July in China, 9.7%, while the increase in retail sales, 13.2%,  slightly below expectations, according to official data released Friday. Economists had expected 9.0% and 13.5% respectively.

Investment in China

The investment in fixed assets, an important engine of the economy, rose 20.1% in the first seven months of the year, against a consensus of 20.0%. The consumer prices rose 2.7% in July as in June, but those at the factory gates fell further and for the seventeenth consecutive month, suggesting an unchanged monetary policy while Beijing task to counter a slowdown at work for over two years. The producer prices fell 2.3% from a year ago, against a decline of 2.7%.
 Economists on average had expected a rise of 2.8% in consumer prices and a 2.2% decline in producer prices.
"I remain in favor of a rate cut to help businesses in a context of persistent deflation in producer prices," said Chen an economist for China at Mizuho Securities.

"But the central bank has a very orthodox line on inflation (...) and she is concerned that a rate cut be interpreted by financial market participants as a sign of economic recovery"


lundi 5 août 2013

China will support the shipbuilding industry

China will support the shipbuilding industry

China issued a three-year plan to urge financial institutions to support the shipbuilding industry in trouble, the biggest one month after the world's largest private garden in the nation sought financial support from the government.
Shipowners who place orders for China-made ships, engines and axles must get better funding and some key enterprises will be allowed to issue corporate bonds, the State Council said in a statement released yesterday . Chinese manufacturers do not have a strong innovation, while overcapacity persists, the statement dated July 31 said. China may have a third of its more than 1,600 meters Stop in about five years, according to Wang Jinlian, president of the industry association. The sector is among those iron and steel, cement, electrolytic aluminum and plate glass must accelerate the gradual elimination of overcapacity, according to the Ministry of Industry and Information Technology. "It seems that the government wants to appease the publishing sector support plan because it can not afford to see social unrest caused by failures or large-scale job losses," said Lawrence Li, a Shanghai-based analyst at UOB-Kay Hian Holdings Ltd. "However, the government did not explicitly say how it would help manufacturers and what kind of projects are key." control capacity

 China Rongsheng Heavy Industries

China Rongsheng Heavy Industries Group Holdings Ltd. (1101), the largest shipbuilder outside state control by the backlog, reported last month, it posted a net loss in the first half and said that it sought financial support from the government and shareholders after a dip in orders strained cash flows. The company has also agreed to issue convertible bonds to raise a net 1.38 billion Hong Kong dollars ($ 178 million) for working capital and to support the development of its offshore engineering business.
Rongsheng Shares jumped as much as 2.1 percent today, and he was traded up 1 percent to 97 Hong Kong cents from 9:32 The plan of the State Council also called on local governments to support innovation shipbuilders, strictly control new building, promotion of high-end products and stabilize international market share in the industry with more funding importantly, the statement said.
Companies need to be convinced that
"the potential of the internal market remains relatively high," the statement said. Besides limiting new shipbuilding capacity, the government is encouraging mergers and acquisitions and the pooling of resources in the industry, the statement said. Contracts Thirty-eight percent of sites in China has not been awarded contracts for new ships last year, and 10 percent had no deliveries scheduled beyond the end of this year, the naval unit Brokerage based in London, ICAP Plc said in a report sent by e-mail on December 24 The government has also pledged to investigate the securitization of loans to builders', the statement said. In this plan, the Chinese government said it will promote the development of offshore engineering equipment such as drilling platforms and large tankers.

It is anticipated that the construction market of the global offshore and onshore plant to raise $ 1.26 trillion in 2017 to 989 billion dollars in 2012, according to the Ministry of Knowledge of South Korea. The oil and gas offshore market can represent 26 percent of this, the ministry said in a statement on January 7.
Earlier than expected demolition of old ships is another part of the plan, according to the statement, he asked for more military and civilian cooperation in the design and development vessel. Policies
Authorities and local agencies should formulate policies to support and ensure the timely completion of targets, the statement said, without giving specific targets.

According to the five-year economic plan of the government which runs until 2015, the objectives for the sector include improving standards of shipbuilding and the development of products with high added value. The combined profits of 80 major shipbuilders controlled by the China Association of National Shipbuilding Industry declined 54 percent in the first half of the year to 3.58 billion yuan ($ 584 million)

 About 464 shipyards in China

About 464 shipyards in China, won 18.7 million tonnes deadweight orders worth $ 14.3 billion last year, the lowest since 2004, according to Clarkson Plc (CKN) the largest ship broker in the world. This compares to contracts with a value of 14.6 million tonnes to 29.6 billion received by 88 meters in South Korea, the second largest shipbuilding nation in the world.

lundi 29 juillet 2013

Inequalities in China is not a priority

The boss of Wahaha Group, Zong Qinghou, is considered as the richest man in China. He has recently announced that there was "no need" to focus on the growing gap between rich and poor in China. But China is one of the most unequal countries in the world. Why Zong Qinghou considered that the fight against inequality should not be a priority for China? The fact is that Zong Qinghou  prefers that everyone be able to get rich by its own means, what’s why he promotes entrepreneurship and no the  distribution of wealth by the state.

Less taxes, more support to investors

For him, the way to get rich and to succeed in life is indicated: "if everyone was richer, the Chinese society would become harmonious and more comfortable," says the richest entrepreneur of China. Zong Qinghou has built his fortune, estimated $ 11.3 billion, by selling non-alcoholic beverages. For him, his principal enemies are not his direct competitors (other company of non-alcoholic beverages), but the egalitarianism. "If the state put into place the egalitarianism (...), everyone would not eat one’s fill. It’s better to encourage people to create wealth," said the boss of Wahaha, who prefer decrease levels of taxation to stimulate investment and no to promote the distribution of wealth.

China is one of the most unequal countries

According to the international indicators, the gap in China between the richest and the poorest, begin to be more and more important. The centre for Research and Investigation on the family economy, financed by the Chinese government had put China in December among the fifteen most unequal countries in the world. According to the worldwide Gini coefficient, China would be at 0.61, knowing that the number 1, is the highest possible. Experts tell that a score greater than 0.4% marks the risk of social instability. Facing to these figures, Chinese authorities are very suspicious, what’s why Beijing, has made the reduction of inequalities one of its priorities.

jeudi 25 juillet 2013

Baidu advertising Market

3way to do Baidu advertising

Baidu is the leader of the engine research in China.
Baidu offers three main options:
  • Simple Search Banners 
  • content network Baidu
  •  Brand Zone 

Find an ad Service trought that Baidu paid work in the same way as Google. Customers select keywords and offer the price they are willing to pay per click (CPC). If a user enters the keyword and the customer provides the maximum price for that keyword, the results of their research appear in the first position. As low competition keywords from the subject of research in the world, Baidu offers competitive rates for the purchase price of keywords.

CPC costs

Average CPC is generally lower than that of Google. You pay only when a consumer clicks on your ad, which means that you only pay for performance. Start with Baidu The screenshot below shows a typical results page of Baidu. Words highlighted in red indicate areas of paid search results. The other links on the page display organic search results.

 banners (content network Baidu) With more than 300,000 websites and a detailed algorithm audience targeting, the banners that appear Baidu are a great way to achieve exactly the right users with exactly the right content to generate traffic and bring brand recognition .

Baidu track where users go, the sites they visit, the search terms they use and what they "handle" on social networks. The result is a highly detailed that advertising customers can use profile to target exactly the right audience for their products. The banners have an advantage over simple search results, as they can use images, flash, text and interactivity levels that a user is more likely to percepter. This product is also ideal for customers whose campaign goals include expanding the brand awareness.
If you do not want to pay per clic, you can choose a SEO strategy in China. See more information here.

Baidu Brand Zone

The use of logos, colors and pictures do a better job of expanding the scope of a client's brand in contrast to results of simple research. Video banners can even be used as a "pre-roll" while Baidu users are now wait to download games online. Baidu can advertise your banners on its network of more than 300,000 websites. Banners can include: photographs the flash Text and interactivity
more information here 

The brand zone campaigns can show:
  • a title,
  • a description with in-text links,
  • the brand logo,
  • additional category links,
  • an image
  • video
  • tabs (like a mini website)
  • animated gifs
  • site index with addtional links 

The use of logos, colors and pictures do a better job or expand the scope of the brand of a client in contrast to results of simple research. Customers can choose to target their announcement: region part of the day, industry keywords, Internet traffic or specific websites. The average CPC for banners Baidu is only $ 0.20, making it a great choice for customers with a limited budget. There are currently more than 300,000 websites in the content network through a wide range of genres. To see the most recent list, please click here (be sure to see this site on Google Chrome to translate from Chinese) The ads can mimic offline campaigns or specific online e this, tsans limit, no matter what the advertising clients alike. The screenshot comes from and displays five different banners arranged as Content Network.

more information

mardi 23 juillet 2013

The three tallest towers in Beijing

The three tallest towers in Beijing

Beijing is among the growing megalopolis of Asia, and like other large cities of Asia, this is quite impressive in terms of frenetic urban planning. 

Clearly, Beijing authorities have ambition and their intention is to make a strong impression to the world.   

Furthermore, the ongoing rivalry with Shanghai motivates them, it is out of question to remain too far behind and, since the tendency is to build gigantic and tall towers, gigantic and tall towers have been built in Beijing.

Actually, these towers are part of a very ambitious urban planning project which is currently being implemented, the Beijing CBD. The overall project features the construction of dozens of skyscrapers in order to make of Beijing a modern metropolis.

What are the present 3 tallest towers in Beijing ?

Out of competition: the Central Radio & City Tower.

Okay, this is the tallest structure in Beijing, 386.5 m (1,268 ft) high, but this is not a real tower since nobody really lives in it, furthermore it is cheating a lot thanks to its antenna spire. The actual top floor is “only” 248 m (814 ft) high.

Completed in 1992, it has even been for a short while the tallest structure in China, but very quickly, things have been built in Shanghai and Shenzhen that have reduced the Beijing Central & City Tower to a second rank competitor.

The real highest tower in Beijing: the China World Trade Center Tower 3

A tower 330 m (1,083 ft) high and 81 floors, this ambitious real estate project was completed in 2010. It features 30 elevators, 4 of them with a speed of 10 meters per second. What is great with this one is that you can actually live in it, there is an hotel in the floors 64 to 77.
The project was designed by Skidmore, Owings and Merrill, an architect firm that designed 6 of the 12 tallest buildings in the world. Actually, the China World Trade Center Tower 3 is only the 40th tallest building in the world.

A fourth tower is being added to the Beijing World Trade center project, called the tower 3B. This tower won't compete with its eldest sister, and, in 2016, when it will be completed, it will be 240 m high, which means it will be the second highest building in Beijing at that date of completion.

The second tallest tower in Beijing: Fortune Plaza Office Building

This one has been the tallest skyscraper in Beijing for about 5 years, from 2005 to 2010. It is a fiery 260 meter (853 foot)  high building with 63 floors. It was designed by the Aedas architect firm, known for innovative project such as the Sandcrawler (CX2-1) in Singapore. Although other towers in the Fortune Plaza real estate project have residential apartments, this building features only office space.

The third tallest tower in Beijing: Beijing Yintai Center - Tower 2, the “Park Tower”

The Yintai Center has three towers, the second tower being the tallest. It is 250 m / 820 ft high. This tower feature the Beijing Park Hyatt hotel and residences.  This project was designed by a famous architect, John C. Portman, used to design Hyatt hotels with large atriums and structures turned inward.

Still, Beijing is behind the China skyscraper competition. The tallest buildings in China are in Shanghai, Hong Kong, Shenzhen and Guangzhou. 

This is a reflection of the economic dynamism in China, probably, and the statistics are relevant: China is the country with the most tall buildings in the world, topping the USA, and this is not over ! 

More than 20 towers more than 350 meters highs are under construction, the most ambitious one being the Pingan International Finance Centre in Shenzen, that should be completed in 2016 and will top the current highest tower in China, the Shanghai's World Financial Center and its 192 meters high or the new Shanghai Tower....

sources : 

  1. Beijingrelocation
  2.  Beijing Gov