CHANGE COLOR
  • Default color
  • Brown color
  • Green color
  • Blue color
  • Red color
CHANGE LAYOUT
  • leftlayout
  • rightlayout
SET FONT SIZE
  • Increase font size
  • Default font size
  • Decrease font size
Customise your homepage

Beijing Impact

Present you the hidden and true China

Home BizChina

China State Enterprises Advance, Private Sector Retreats

Michael Wines has an excellent report in today’s New York Times, about the rising dominance of China’s state-owned enterprises, at the expense of the once-vibrant private sector. Although partly an unanticipated consequence of China’s big stimulus push, he notes, the trend may — to some degree — reflect a more profound shift in philosophy:

Once eager to learn from the United States, China’s leaders during the financial crisis have reaffirmed their faith in their own more statist approach to economic management, in which private capitalism plays only a supporting role.

“The socialist system’s advantages,” Prime Minister Wen Jiabao said in a March address, “enable us to make decisions efficiently, organize effectively and concentrate resources to accomplish large undertakings.”

 

Internet May Be Largest Industry In China Not Dominated By State-Owned Firms

The New York Times has an interesting article today on thriving state-owned companies in China-”China’s Policies Ensure State Enterprises Grow“.

The article makes no mention of China’s Internet industry, which will generate 6-7+ billion dollars in revenue this year from gaming, advertising and other sources, is growing 20% or more per year, and which has publicly listed companies with a combined market capitalization approaching 100 billion dollars (partial list here), and much more if you include the value of private firms like Alibaba Group and its Taobao subsidiary. A few billion dollars in annual revenue and 100 billion dollars or so in market capitalization still pales compared to China’s overall economy and to some of these state-owned behemoths. But as the Internet increasingly becomes embedded into hundreds of millions of people’s daily lives, its influence on Chinese society and China’s economy will be much greater than its current revenue would suggest.

 

Forbes China’s Top 10 Stock Picks For 2010

Who hasn’t given some thought to how to invest in China’s remarkable economic growth? Forbes China magazine’s 2010 Investment Guide hit the streets today, and offers 10 domestically traded stocks that the magazine’s editors consider to be worth buying. Even if you can’t buy domestically traded stocks in the mainland, the group offers a good window into industries and businesses that are doing well in the world’s most dynamic economy.

Here are this year’s picks, with their China-exchange ticker number in parentheses:

*Suning Appliance (002024), China’s largest retail appliance chain. A messy battle for control of rival Gome Electrical Appliances and government encouragement of retail spending by Chinese can only be great news for Suning and its

suppliers. Among U.S. companies that sell products in Suning’s stores are Dell, Hewlett-Packard, IBM and Apple Computer.

*Jiangsu Yanghe Brewery (002304), China’s no. 4 manufacturer of rice wine. Some 70% of its sales are concentrated in Jiangsu province, leaving a lot of room to grow in other areas.

 

US/CHINA: Agro exports surge, but face headwinds

U.S. agricultural exports to the Chinese market are surging. Yet the burgeoning trade in food and agricultural goods could eventually face headwinds, especially if Beijing takes further steps to subsidise its rural economy.

The Chinese market is extremely attractive to U.S. agricultural and food producers:

 

China Economy Hotel Chain Home Inns Sees Brisk Expansion

Homes Inns, an economy-hotel chain that’s been a big beneficiary of China’s travel industry boom, expects to keep up its rapid expansion in the next few years, CEO David Sun told reporters.

Since 2004, the Shanghai-based company has increased the number of hotels in its chain from 20 to 700. It hopes to have 1,000 hotels open by the end of next year, Sun said at a gathering of the Shanghai Foreign Correspondents Club on Wednesday.

 
  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  9 
  •  10 
  •  Next 
  •  End 
  • »
Page 1 of 66

Sponsored Links

Latest Comments

Websites in Beijing

Are you looking for a right Escort in Beijing? There are many escort Beijing, or Beijing escort agency out there, But if you are looking for a skilled and experienced Escorts in Beijing, Escorts Beijing, Beijing escorts in the capital of China, this blog will lead you to the right place for the right Beijing escorts . According an investigation in this industry Beijing escort can do massage in Beijing, massage Beijing, Beijing massage. So you can enjoy skilled and experienced Beijing massage with these girls without ordering massage in Beijing, massage Beijing, that's not bad right? Well to be frankly, meet different Beijing Escorts Massage Ladyies and Beijing escorts- Beijing girls hand in hand with Beijing ladies who are Beijing Escorts.even they don't have Escorts in Beijing and Escort Beijing that's why you need us the best guide in this city, with our professional guide. You will not be limited. Do not forget Shanghai escort girls are also pretty and out-going, be with Shanghai Escort you will be very happy to do so.

Alexa Data