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Latest Development <><><><><> In Jan-Feb 2008, CPI increased by 7.9% with food prices increased by 20.7%. <><><><><> Fixed assets investment grew by 24.3% in Jan-Feb 2008. <><><><><> The PBOC raised the reserve requirement ratio by 0.5 percentage points on 25 March 2008. <><><><><> Exports growth slowed to 16.8% in the first two months of 2008. <><><><><> Foreign debts amounted to US$373.6 billion at end of 2007 (up 15.7% from the end of 2006). <><><><><> Mar 15, 2008 - (China's legislature re-elected Hu Jintao as President Saturday, giving him a second five-year term as leader of the world's most populous country.  It also returned Hu as head of the Central Military Commission, the body overseeing the armed forces.

 

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Output of Major Industrial Products

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Foreign Direct Investment by Country or Region

National Price Index

Value of Major Commodity Import

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        Dr. Said Cherkaoui Selective List

of Work Experience with China

China's Development of Business and Foreign Direct Investment

Click here to discuss these studies written by Dr. Cherkaoui

China Executive Delegation in 1994 by Dr. Said Cherkaoui

 

Organization of Business Mission in California for Chinese Executives in 2003 by Dr. Said Cherkaoui

 

Work Experience with China in 2004 by Dr. Said Cherkaoui

 

CHINA: BUSINESS CULTURE & ETIQUETTE

 

DOING BUSINESS in CHINA

 

 

CHINA: INVESTMENT GROWTH & BUSINESS DEVELOPMENT

 

CHINA & the BRICs ECONOMIES

 

CHINA: TELECOMMUNICATIONS & INFORMATION TECHNOLOGY

 

GLOBAL BUSINESS CULTURES & MARKETING STRATEGIES: COMPARISON OF WESTERN, ISLAMIC AND ASIAN PRACTICES

 

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 GLOCENTRA SERVICES & EXPERTISE

Doing Business in China:

In a few short years after Deng Xiao Ping liberalized the Chinese economy in 1989, China has raced from a third world country to jostle for position as one of the world's most influential economic power. China has awakened. Improved international relations, government reforms, an expanding economy and increased foreign investment make doing business in China a potentially lucrative affair. It is now one of the fastest growing markets in the world and is becoming the world's factory floor. Interested in a market that constitutes one-fifth of all the people in the world?   To read more

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Cross-Cultural Analysis and Global Marketing Strategies in Western, Asian and Islamic Environment:

 

Asian cultures encourage lengthy decision making, concentrating on everything detail, and avoids confrontation and debate. Since domestic and multinational corporations are now marketing their products and services around the world, an understanding of intercultural differences has become evident. Managers of multinational corporations and joint ventures have to negotiate, operate, and make strategic ...-To read more

  

 

Aspects of national taxation and fee preferential policies?

 

China tax systems applies various regimes for foreign investors. The provincial authorities conduct a proactive campaign to attract capital and foreign investment to stimulate the creation of employment and economic growth. For this purpose, certain types of investments benefit from additional incentives that are in general granted in form of local subsidies.  To read more.

    

 

China Business Growth and Investment Climate:

 

David Dollar, the World Bank Country Director for China said: "Foreign and domestic investors are seriously considering urban quality of life in making investment decisions so sustained government spending on education, health, and the environment would encourage business investment and economic growth."  To read more...  

China's Business Development  and Foreign Direct Investment:

China regained its position as the largest foreign direct investment (FDI) recipient in both Asia and the developing world. China received $74.7 billion of overseas investment last year, official data released in Beijing on Saturday (2008-01-20) during national commerce work conference. Foreign trade volume increased from $620.8 billion in 2002 to $2.17 trillion in 2007. Custom tariffs reached 758.5 billion yuan ($104.5 billion) in 2007 compared with 259.1 billion yuan in 2002. Foreign-funded enterprises paid 990 billion yuan in taxes last year, representing about 20 percent of national tax revenues. To date, the number of overseas Chinese-funded enterprises is about 120,000, which is  the doubled of the ones registered during 2002. China's foreign direct investment is forecasted to reach $20 billion in 2007, a seven-fold increase from $2.5 billion in 2002.  To read more

 

China is becoming the global manufacturing hub while with India specializes in the supply of back office, outsourcing for knowledge-based industries, research and development, software and IT-enabled services. Both China and India are seeking to add more value to their global specialization.  China will try to develop world's class services market and  India will seek to build up a new manufacturing capacity with the global market as its main motivator. The duality of such development can create between China and India large opportunities where they can cooperate and develop synergistic and regional complementary competitiveness regionally anchored in Asia and challenging first the U.S. and secondly Europe in their own territories and in their respective former and newer zone of influences and former colonies .  To read more

 

 

Business Practices and Behavior in China:

China tax systems applies various regimes for foreign investors. The provincial authorities conduct a proactive campaign to attract capital and foreign investment to stimulate the creation of employment and economic growth. For this purpose, certain types of investments benefit from additional incentives that are in general granted in form of local subsidies.  To read more

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China Top the BRICs Economies:

The World Economy Grows BRIC by BRIC and according to the  OECD China is already bigger than 2 of G7 – Canada and Italy.  By 2010 China will be 4th largest economy after US, Japan and Germany - To read more

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Business Etiquette in China:

The Chinese are more group-centered and conservative compared to the individualistic and easy-going nature of Americans.  It is imperative that those doing business in China learn about areas such business culture, business etiquette, meeting protocol and negotiation techniques in order to maximize the potential of their business trip  Here we have compiled simple and practical advice on how to make a professional impression and come across as a seasoned 'China Hand' when doing business in China, or greeting visiting businessmen and women from China.  To read more.

 

 
 

Market Research in China:

 

A soundly researched strategy for market entry into China is a guarantee for success in taking advantage of the diverse range of opportunities available in this market. Comprehensive market research will assist companies to:

  • Appraise current demand for the product/service in China; 

  • Discover opposing products/services in the market and the firms/ organizations servicing this competition;

  • Recognize level of local production and imports of the product; 

  • Recognize key players in the market and prospective agents/distributors; 

  • Comprehend the regulatory practices, import tariffs and trading regime relevant to the product/service...To read more

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