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Newsletter Week 2, 2008 |
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Dear Reader,
Here is this week’s edition, covering:
- Chinese trade secrets according to Caldeira
- China Chapter Five: Church in the Park, Beggar on the Street
- Starting a Business in China
- Tricky Chinese Chopsticks
- Made in America is Hot in China… So Where is Everybody?
We hope you will enjoy reading this edition. Have a nice weekend!
All of us at China Success Stories
China Expert Guest Blog
Chinese trade secrets according to Caldeira
Tony Caldeira is one of Europe’s market leaders in the supply of cushions to volume retailers. A great achievement. The secret to his success? No doubt: his decision to make a move to China, which can be seen in the documentary Brits gets rich in China.We decided to give him a quick call to talk about about his business experience in China.
Intro
1. Doing business in China demands proper preparations?
Read the rest or post a comment >>
China Expert Guest Blog
China Chapter Five: Church in the Park, Beggar on the Street
We lived in a lovely, spacious apartment in a complex of four buildings a block from the PPI studios. We were the only foreigners in the area, so we stood out. The local people were friendly and the guards at the gate were always helpful. We had two bedrooms, one of which became Lovy’s office, two baths, a Chinese kitchen, dining room and living room. We lived on the fourth floor and our balcony overlooked a busy intersection that provided much entertainment. We enjoyed late night dinners on the balcony watching the evening parade of humanity below. It was always busy, always changing depending on the time of day or the season.
Just across the street from the office was Zhongshan Park, an oasis in the middle of the busy, throbbing, and noisy section of the city. It was over six square city blocks with heavy tropical foliage, pools, canals, Chinese rock gardens, bridges, fields for kite-flying, benches and lots of open areas of grass. During weekends, it...
Read the rest or post a comment >>
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China Expert Guest Blog
Starting a Business in China
This table summarizes the procedures and costs associated with setting up a business in China.
Standardized Company
Legal Form: Limited Liability Company
City: Shanghai
Registration Requirements:
Read the rest or post a comment >>
Fun and Games
Tricky Chinese Chopsticks
Did you know that in China more than 45 billion pairs of wooden chopsticks are produced? This requires about 25 million trees. Yearly. That is why the Chinese government currently tries to promote non-disposable chopsticks in restaurants. Let’s hope China succeeds in this particular effort. For eating with chopsticks can be a lot of fun. Especially when you know how, as this instruction video demonstrates. By all means: do try this at home!
Watch the movie or post a comment >>
Facts & Figures
Screens
You never know when these statistics might prove to be of value to you. So without further ado, here's our weekly top 10.
Top 10 countries with most cinema screens
| |
Country |
Cinema screens |
| 1 |
China |
42.400 |
| 2 |
USA |
36.594 |
| 3 |
India |
11.000 |
| 4 |
France |
5.295 |
| 5 |
Germany |
4.870 |
| 6 |
Spain |
4.388 |
| 7 |
Italy |
3.566 |
| 8 |
Great Britain |
3.474 |
| 9 |
Mexico |
3.197 |
| 10 |
Canada |
2.974 |
(Source: Film Distributor’s Association)
China Expert Guest Blog
Made in America is Hot in China… So Where is Everybody?
In recent years, China’s strong middle class has attracted attention from businesses worldwide. Boston Consulting Group (BCG) estimates that there are 25 to 30 million middle-class households in China. BCG also notes that these households don’t seem to be losing momentum. Since 1999, middle-class households have accounted for a steady 36.6 percent of China’s wealth*. If American companies are poised to reach these consumers, both businesses and the U.S. economy will have a lot to gain.
Large, American corporations – such as Wal-Mart and Starbucks – paved the way for other U.S. companies to sell products in China. Most recently, high-end fashion retailers have set up shops in the country. American Fashion Designer Marc Jacobs, for example, has almost the same amount of Marc by Marc Jacobs stores in China as he does in the United States.
Read the rest or post a comment >>
Recent comments
Shawn He in reply to “Guanxi” Demystified: How it differs from our usual “Connections”?:
First and outmost, I’m very appreciative of your comments. Second, I’d like to remind all readers of this article that I was discussing the distinction between...
Rami in reply to China Chapter Five: Church in the Park, Beggar on the Street:
Shandong, one of the poorest province of China? Is that article just a whole...
J. Elder in reply to Ask Colin Friedman for China Expert advice:
We had an American buyer’s rep. in China. He has started his own business and we are seeking another American buyer’s rep. in Shanghai. Do you know how...
SourceJuice in reply to “Guanxi” Demystified: How it differs from our usual “Connections”?:
Guanxi in Chinese means “relationships” and most foreigners and Chinese alike will assure you of the need to have good Guanxi to get business done in China. While I doubt anyone who...
Jim Knecht in reply to Made in America is Hot in China… So Where is Everybody?:
Geoff, I get to say “I knew him when…” Looks like you are doing great. Thought you might like to hear from somebody who’s back on the good old Cinti. Twilight. Yep, they eliminated...
Heysu in reply to Ask Colin Friedman for China Expert advice:
It is interesting to read the article. However, as a local Chinese dealing with Chinese and Westeners in different industries, I doubt about the following sentences:...
Simon in reply to Made in America is Hot in China… So Where is Everybody?:
Hi Geoff, Nice One. Especially, it matches the topic: China success stories.
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