July 12-July 18, 2014

All you need to know about business in China – McKinsey&Company

A lot of people view China business as mysterious. Relax. Consumers behave pretty much the same everywhere. Competition is pretty much the same everywhere. You just need to ignore the hype and focus on the basic fact that in China today, there are six big trends (exhibit). That’s it. Six trends shape most of the country’s industries and drive much of China’s impact on the Western world. They are like tectonic plates moving underneath the surface. If you can understand them, the chaotic flurry of activity on the surface becomes a lot more understandable—and even predictable… Read Full Sotry

China outlook remains strong – U.S. Dairy Export Council

Chinese Dairy consumption growth is expected to remain strong. The International Farm Comparison Network (IFCN) projected Chinese dairy demand would increase from 43 million tons liquid milk equivalent to 61 million tons, a 42 percent increase, by 2024. That’s an increased appetite for about 40 billion lbs. of milk, equivalent to nearly all the milk produced in New Zealand each year… Read Full Story

China to get new dairy hub – ChinaDaily

US-based Abbott Laboratories, one of the biggest infant formula sellers in China, is getting deeper into milk production for the world’s most populous country by building a dairy farm hub with New Zealand company Fonterra…Read Full Story

Shanghai woos MNCs with friendly visa policies – ShanghaiDaily.com

TO make the city friendlier to foreign investors, Shanghai yesterday allowed more multinational companies to benefit from the city’s 2012 policies for foreign investment…Read Full Story

Introducing the iPhone 6, made in China by a robot – The Week

The worst kept secret of Apple and its Taiwanese manufacturer Foxconn isn’t their poor labor conditions. It isn’t even the fact that they use robots to help bring together all the pieces that make up an iPhone. It’s that their robots are now performing more and more human-like functions… Read Full Story

China Reveals Charges for British-American Couple in Case Involving Glaxo – The New York Times

BEIJING — China said on Monday that a British-American couple, who have been detained for a year after working as investigators for the pharmaceutical company GlaxoSmithKline, would be tried on charges of illegally acquiring private personal information… Read Full Story

California’s Drought Is ‘The Greatest Water Loss Ever Seen,’ And The Effects Will Be Severe – Yahoo News

California’s current drought will cost the state $2.2 billion and 17,000 jobs, researchers announced at a press conference July 15 in Washington, D.C. The findings are from a new report from the UC Davis Center for Watershed Science.  Read Full Story