Chinese manager

Industry in China is still plagued by massive overcapacities

China saw its foreign trade decline in 2016, with exports (-7.7%) and imports (-5.5%) showing a sharp decline and confirming the Asian giant’s breathlessness, at a time when rhetoric Anti-Chinese Donald Trump could exacerbate the situation.

Exportation in China are Dropping !

Exports of the world’s largest trading power in the past year reached $ 2.1 trillion and imports 1.590 billion, the Customs administration said Friday, a trade surplus of $ 510 billion.

“There are still obstacles to China’s foreign trade,” Customs spokesman Huang Songping told a press conference that the international trading environment is “austere and complex”.

In December alone, exports fell by 6.1% year-on-year to $ 209.4 billion. Imports, meanwhile, climbed 3.1% to $ 168.6 billion. The Chinese trade surplus was thus $ 40.8 billion.

The drop in exports for last month is much more pronounced than expected by a panel of experts surveyed by the financial agency Bloomberg (-4%). Imports increased according to their forecast (+ 3%).

Customs statistics are carefully scrutinized by markets to gauge the health of the Chinese economy: foreign trade remains a pillar of China’s GDP and a traditional engine of growth.

The situation remains precarious: industry in China is still plagued by massive overcapacities; The surge in indebtedness; Growth only resists thanks to an alarming bubble in the real estate sector.

Chinese governement is reacting

The Chinese government is trying to rebalance the country ‘s growth model towards services, new technologies and domestic consumption, to the detriment of heavy industries and – indeed – low value – added exports. But the transition is painful.

Exports had grown by 0.1% over one year in November to $ 196.8 billion. The start was shy but this stabilization proved auspicious after seven months of withdrawal.

Their decline in December comes despite signs of a recovery in global demand, a trend reflected in positive figures in neighboring economies in Taiwan and South Korea, Julian Evans-Pritchard of Capital Economics.

This is worrying “given that the current situation of rising prices and relatively robust growth of the global industry should have been a support for Chinese trade,” he said.

“In the future, it is difficult to see what could lead to a more meaningful recovery of Chinese trade,” Evans-Pritchard said.

The share of trade in China’s GDP fell from 66 percent in 2006 to 40.7 percent in 2015, according to the World Bank, but remains a key growth engine.

The Risk “Trump” anti China

The prospect of severe tensions with the United States (2nd trading partner of Beijing after the European Union) could also plague the trade of China. source

US President-elect Donald Trump promised to impose a prohibitive tax of 45 percent on Chinese imports. He also appointed for the head of the US National Trade Council an economist notoriously hostile to Beijing.

The posture of the republican billionaire vis-à-vis the Chinese trade “could lead to a structural weakness in the long term for Chinese exports,” worried Friday the bank ANZ.

Trump encourage US companies to relocate their production

“Trump’s trade policy is likely to encourage US companies to relocate their production sites outside of China, even though its efforts to promote high-end production could offset some of the losses.” more information http://darxtar.org/manufacture-in-us-for-chinese-companies-a-new-trend.html

In the face of American isolationist Donald Trump and hoping in particular to stop the fall of its foreign trade, China is now a champion of free trade. President Xi Jinping is expected to defend his vision of a “more inclusive globalization” Tuesday at the World Economic Forum in Davos, a few days before taking office of Mr. Trump.

food-scandal-china

Food Scandals in China (What you really eat )

Chinese Food Scandals

 

China is one of the countries with the biggest population around the world. With such an extensive and varied population, the demand for things like food, tends to be very drastic. With such a diverse population at hand, the food market also varies in its quality and specialty to provide all types of cuisines to the citizens. However, with so many restaurants and food lines there is also the problem of maintaining food quality. The recent cases of some food scandals are the examples of these mishaps and have threatened the local people. To shed some light, a food scandal is basically when due to lack of government intervention, foods have some ingredients which can cause severe food poisoning or other diseases which may lead to deaths. The recent cases of such food scandals around china have become very popular.

 

gutter Oil China

Fake Meat in China

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Oppo in China, the Hot Mobile Brand

can not seem to escape the smartphone brands Oppo and Vivo these days.

“The ads are everywhere in the city, with the Oppo slogan” Charge, two hours talking your phone for five minutes, ‘ “said Mr. Li, a 25-year-old factory workers in this central Chinese city.

On billboards and bus stops as well as on television and social media, the two smartphone brands which a share holders are seen in the kind of advertising blitz employs rare in the Chinese mobile communications industry.

Mobile China

 

Made in Shenzhen

The brands’ owner, BBK Electronics Co., is a Guangdong manufacturers little outside China. The Oppo brand sells high-end smartphones with advanced cameras and luxe metal body in colors like gold and red gold. Vivo sold cheaper devices to young consumers.

Since the sale of more expensive iPhone of Apple Inc. falter here, boil advised both upstart brands in popularity based stores of old-school brick and mortar and relentless advertising. Oppo and Vivo are No. 2 and No. 3 or in the Chinese smartphone market, based on the second quarter shipments providers to market research firm Strategy Analytics. The brands Trail Huawei Technologies Co.

The success comes more challenges for Apple, which is expected to launch the next-generation iPhone in September. China used to be Apple’s fastest growing market, but their share in the last quarter slipped below 7%, according to Strategy Analytics.

“Apple is not to fight for the middle class in China, where the buyers become more sophisticated and looking toward value, not only the brand,” Canalys China research director Nicole Peng said. “It’s a challenging market for Apple.”

Oppo targeted directly to the consumer

Of the two brands has Oppo targeted directly to the consumer, who would buy an iPhone. The phones many of the same features provide for less: At 3,299 yuan ($ 496), Oppo most expensive model, a price match for Apple’s R9 Plus with 128 gigabytes of memory the least expensive, the 3288 yuan iPhone SE 16GB.

mo2

“Our strategy is like, how you play the Chinese game of Go. ‘
-LU Luma, Oppo Technology Planning Director

Lu Luma, Oppo technology planning director, said his company has focused on building its own retail channels in recent years, while most other brands tracked sales by operators Telekom and e-commerce platforms.

Go Social 

“Our strategy is like, how the Chinese board game Go play,” Mr. Lu said. “We have focused on designing our homes on our side of the plate without worrying what does the enemy elsewhere.”

These opponents are Huawei, who sell their base built through their phones via mobile service provider, and Xiaomi Corp., which paid to the consumer pioneered the Internet direct sales.

Oppo and Vivo held retail stores set up with exclusive distribution agreement.

“It’s like a franchise model,” said Ms. Peng, Canalys. “This makes the merchant, highly motivated to help them to sell phones.”

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The two started off in smaller towns, where many people were more accustomed to shopping in the old-fashioned way of it. The stores have since spread to every corner of these cities so that Oppo and Vivo phones the default choice for many consumers in the country.

 

source http://www.wsj.com/articles/for-chinas-hottest-phone-maker-the-old-ways-work-1470812857

Shanghai Dysney

June 16 2016 Dysneyland Shanghai will be open !

The new Disneyland in Shanghai will not be open until June 16, but we had a huge news for nerds Disneyland …

First tickets to the opening of Shanghai Disneyland will be sold on March 28 !

 

 

Disneyland most sought Shanghai will open its ticket to the end of March. Sales should be incredible because of the tourism sector, which is booming at the moment.


Shanghai Disneyland is expected to finally open by the end of June, five years after the beggining of this.

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