Month: September 2014

Shanghai FTZ boosts China’s economic reforms -Xinhua News

China lists industries to free up in Shanghai zone – The State

How to Increase Your Innovation Success Rate in Greater China -Nielsen

Competition with Chinese Firms Tops Challenges for American Companies in China – China Business Review

From zero to Lafite, China misses its ‘gateway wine’ – BBC News

One Good Side Effect of China’s Anti-Corruption Drive: Better Wine – The Wall Street Journal

Ningxia Aims to Become China’s Napa Valley – Wine-Searcher

The Curious Case of the Chinese Chicken Import-Export Business – NewsWeek

China’s Growing Food Problem/Opportunity-Forbes

China Parallel Import Would See BMW X5 Price Slashed Up To 30 Per Cent – Forbes

Swiss Watchmakers Court China’s Young and Trendy Buyers – The New York Times

Tesla’s China Challenge: Getting Chargers Installed – The Wall Street Journal

The Simpsons Go to China – The New Yorker

Tencent now has 24% stake in 58.com, China’s answer to Craigslist – Tech In Asia

Chinese Banks Look to Ramp Up Mortgage Lending – The Wall Street Journal

Instagram reportedly blocked in China amid pro-democracy protests -CNET

 

 

 
September 19th, 2014

San Francisco (CA) – The 3rd Annual California Asian Business Summit was successfully held on Thursday and Friday, September 18th and 19th at the Palace Hotel in San Francisco.  During the summit, Margaret Wong, the founder of California Center, served as moderator for the breakout session titled International Trade-Skills for Success in Multinational Business. The four panelists who joined the session were Charlie Sweat, CEO and founder of Frequentz, Inc. and former CEO of Earthbound Farm; Steven Schafer, Vice President of Chic Foods Co. Ltd. and former managing director of Tropicana in China; Jennie Garcia, Vice President – Investment Banking and Markets of Union Bank; and Jason Huck, Senior Vice President Head of Americas, HSBC Bank (China).

During the discussion, the panelist mainly discussed doing business in China. Two important takeaways of the discussion were how Guanxi plays a very important role in doing business successfully in China; and how businesses can ensure payment of goods before shipping their products to China. IMG_2571IMG_2558 Panelists

 

China Said to Discuss Changes to U.S. Grain Import Inspections – Bloomberg

US soy exports to China could drop by quarter with crush-margins at 2-yr low – Reuters 

Despite USDA approval, Dow’s new GMO corn and soybeans face hurdles -Reuters

China May Allow Parallel Imports of Cars in Shanghai Zone – Bloomberg

Why Chinese money is flooding American markets – CNBC

Ahead of Alibaba IPO, Western retailers rush to do ecommerce in China – Tech In Asia

Alibaba’s Jack Ma: From ‘crazy’ to China’s richest man – USA Today

Three new “engines of growth” to watch in China – FT.com

China’s house prices fall further, economic gloom deepens – Reuters 

China Aims to Boost Small Enterprise Sector as Property Slumps -BloombergBusinessWeek

China’s Li Na Set to Retire From Tennis – The New York Times

iPhone 6s being sold for insane amounts of money in China – The Washington Post

Retiring Li Na Has Eyes on Business, and Future of Tennis in China – The New York Times

China Credit Bubble Unlikely To Lead To Financial Instability, Prudential Says – Forbes

The Business of Urbanization in China – China Business Review

After Years of Dominance, UnionPay’s Enemies Arrive at the Gates -Caixin

Amid Market Downtown, China’s Developers Dig In – Caixin

4 Things Alibaba’s IPO Tells Us About a Changing World Economy – Time

 

 

The iPhone 6 Will Make or Break Apple in China – Time

U.S. Treasury Warns China Over Antimonopoly Efforts – The Wall Street Journal

China’s funds for foreign exchange drop unexpectedly – Xinhua 

Alibaba’s IPO and the hypocrisy in U.S.-China economic relations – Fortune

China Fines Foreign Auto Makers for Price-Fixing – The Wall Street Journal

Facebook Says Chinese Want Its Site as Regulator Says No -Bloomberg

For U.S. tech firms, China entices in spite of tight state control – Reuters

Apple Pay to invade China, with help from UnionPay – MarketWatch

Asian Markets Slide After Weak China Data -The Wall Street Journal

Almost Half of China’s Rich Want to Emigrate – BloombergBusinessWeek

China’s Environmental Awakening – The New York Times

IMF Formula: China GDP Grew 2.2% In 2013 – Forbes

China’s TV War Machine – The New York Tims

The Alibaba Effect: How China’s eBay Transformed Village Economics -NPR

China Inflation Softens to Four-Month Low – The Wall Street Journal

Food Prices Lead Drop in Consumer-Price Index; Some Economists Warn of Deflationary Risk

Doing Business In China: ‘Terry & The Pirates’ Part II – Forbes

Opening happiness: An oral history of Coca-Cola in China – Fortune

T-Minus Eight Years: China Sets Launch Date for Space Station – The Wall Street Journal

China’s new rich learn class rules – Financial Review

Looking Beyond China, Some Companies Shift Personnel – The New York Times

 

How A Slump In China’s Mooncake Industry Represents The Country’s Economic Change – International Business Times

FTZ expands free trade accounts – Shanghai Daily

UC Davis working with China to regulate electric cars – Sacramento Business Journal

Why the Apple iPhone lost China – Market Watch

China’s Trade Surplus Hits New High – The Wall Street Journal

China Will Have World’s Largest Economy By 2024: Report – FoxBusiness

Uber’s challenge in China – Fortune

Alibaba IPO: Chairman Ma’s China – BBC News

Do This One Thing Before Doing Business In China – Forbes

Golf Is Both Banned and Booming in China – Huffington Post

China’s Inside-Out View of Trade – The Wall Street Journal

China welcomes foreign investment, sticks to opening-up – Xinhuanet

Foreigners Set to Get Greater Access to Chinese Shares – The Wall Street Journal

Investors’ hopes for China ‘baby stocks’ boom dashed – Channel NewsAsia

American Firms Troubled by China’s Antimonopoly Actions – China Business Review

Following Netflix and Yahoo, Chinese Internet Companies Invest in Original Shows – The Wall Street Journal

September 4th, 2014

Los Angeles (CA) – California Center’s luncheon event in LA was held at the LA Area Chamber of Commerce.  Among the many companies and organizations that attended this event included: East West Bank, UCLA, California Bank and Trust, Kintetsu International Express, Megaworld International, HKTDC, The Maratom Group, Wilders’ Inc, LA Area Chamber of Commerce and more.

September 3rd, 2014

Fresno (CA) – California Center’s Fresno Luncheon was held at the Fort Washington Country Club and was graciously hosted by one of California Center’s premier banking partners, California Bank and Trust.  Among the many companies and organizations that attended this event were: the Office of Assemblyman Jim Patterson, California Bank and Trust, Fresno MBDA, PR Farms, Sun-Maid, American Pistachio Growers, Meridian Nut Growers and many other central valley Ag companies. During the event, the Office of Assemblyman Jim Patterson presented California Center a special Certificate of Recognition for its efforts helping California businesses export to China.

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September 3rd, 2014 

San Francisco (CA) – California Center’s Inaugural Member/VIP reception was successfully held on the 51st floor of the Millennium Tower in San Francisco. There were more than 50 guests from various industries who joined for this special event.  Margaret Wong and Edward Zhu, Owners and Founders of California Center, addressed the attendees to provide an overview of what California Center is currently doing to service its members.

Also, during the event, representatives from the Port of San Francisco and Food and Beverage World (both being California Center Members) shared the latest news from their organizations.  California Center will be offering this monthly networking opportunity exclusively for its members and special guests, so they can get the latest news on China, connect/network with other California Center members, and to share their own stories to highlight new products and services.

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