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 

" 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

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.

www.apple.com/‎
http://www.latimes.com/business/la-fi-apple-ios7-20130918,0,7518069.story
http://chinamarketshare.blogspot.com

jennifer Liu in China

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

sources:

1. nytimes.com
2. de.epermarket.com/
3. Nicolas
4. Jennifer Liu
5. finance.yahoo.com/ 

 
Written by Gary
 

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.

sources :

1. decohouse
2. iworkinchina.wordpress.com
3. yahoo
4. lovebuzz

China drinks

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

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