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Dear Reader,
This week's edition covers the story of Rob Groeneweg and Xuro. More recommended reading material: The Nature of China’s Business Press, Business cards: your Chinese identity, Working With Chinese Factories - Part II: Qualifying Your Overseas Supplier and Finding Manufacturers in China: Building a Network the Wrong Way.
We hope you enjoy reading this edition and please feel free to post your questions or comments.
China Success Stories
Feature article
China and the Art of Xuro
It is true: China has a large market area, where you can make a very decent living, but don’t expect miracles. Rob Groeneweg believes thát is the essence of doing business with China. His friendship with the Chinese Anne Xu is what started his hands-on experience; selling Chinese art on the Dutch market, through his newly founded business, Xuro. The sale of Chinese art still needs time to flourish, the demand on Xuro’s services as a business developer on the other hand grows rapidly. “Lots of entrepreneurs only think of China’s potential, having 1.3 billion consumers, and therefore are too eager. However, a bad deal remains a bad deal. Don’t be too greedy. The real market potential often is much smaller then you think.”
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China Expert Guest Blog
Working With Chinese Factories - Part II: Qualifying Your Overseas Supplier
"Going to China” has become the mantra of the business world. You’re looking East. You’ve done your homework with AmCham (American Chamber of Commerce in China), on the Internet, with other “China Hands” and in your industry. You’ve found your “perfect supplier” on line, even found a second factory as a back-up. You’ve got a great bid on your product. The pictures of the factory look great, the samples are exactly what you want, and the phone conversations with the sales rep, while maybe a little limited, have been useful. You’re excited.
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Facts & Figures
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 film producing countries
| |
Country |
Films produced (2004) |
| 1 |
India |
945 |
| 2 |
USA |
611 |
| 3 |
Japan |
310 |
| 4 |
China |
212 |
| 5 |
France |
203 |
| 6 |
Italy |
134 |
| 7 |
Spain |
133 |
| 8 |
Great Britain |
132 |
| 9 |
Germany |
121 |
| 10 |
Russia |
120 |
(Source: Screen Digest)
China Expert Guest Blog
The Nature of China’s Business Press
My journalism course on China’s Mass Media had a guest speaker today — Arthur Kroeber, the managing director and head of research for Dragonomics and editor-in-chief of the China Economic Quarterly. Mr. Kroeber talked to us about the evolution of the business press in China since the reform and opening began in 1978, how economic reportage has contributed to expanding press freedoms on other fronts, and the problems that have arisen in recent years. I’ve posted the notes I took during his lecture. I’m sorry if they’re sloppy, but I was typing pretty fast…
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China Expert Guest Blog
Business cards: your Chinese identity!
Most "do’s and don’ts" advisory books will tell you, that you need to bring double-sided business cards (lots of them!) when traveling to China for business. That is only too true! But be careful with what is printed on the Chinese side!
The Chinese side of your card will, to a pretty important extent, determine how serious you will be taken by your Chinese hosts.
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Site of the week
Lost Laowai
The information about China you find surfing the web tends to be cluttered and often tainted. Notwithstanding the fact there are many excellent Web sites as well. In every edition we briefly credit some of those good ones out there. This week we rate: Lost Laowai
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China Expert Guest Blog
Finding Manufacturers in China: Building a Network the Wrong Way
On a trip to China last year, I was sitting in the airport and got into a conversation with a businessman who was heading to China for the first time. He was the CEO of a small company here in the US that had a very unique product line and niche, and he proudly told me of his plans to show up in Shenzhen and find suppliers to make his product. He had no trip schedule. He had no real idea of how he was going to link up with the right supplier, let alone tour multiple suppliers to begin getting an idea of what the right supplier is. He was just headed there. It was as if I could hear his spurs quietly "clink" on the soft airport carpet as...
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Last comments
Comment? Post it!
Since we receive many interesting comments on our Web site, we thought we should pay some more attention to them. Therefore we have listed the last three comments for you. Feel free to post your comments as well.
Benjamin Sitler in reply to: Special Things to Consider When Negotiating in China: I agree with Doc Ben. A translator is a must. Also, I tell everyone to...
Benjamin Sitler in reply to: Working With Chinese Factories - Part I: The Initial Visit: I agree. The Chinese always seem to be...
Ties Coolen in reply to: Advanced Golden China tips: Very interesting story, if you are in Shanghai someday I would like to have a drink with you.
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