Econometric Analysis of Overseas Investment by Chinese Enterprises

The analysis contained in this chapter focuses in particular on those Chinese companies that already have overseas operations. The purpose of the chapter is threefold： i） to identify the main characteristics of the Chinese companies active in foreign markets, ii） to investigate the privileged locations abroad and iii） to understand the main driving forces leading Chinese companies to invest abroad.     

Collection of Treasures in Southern Guangdong

The Pearl River Delta in southern Guangdong is one of the most developed areas in China. The area boasts many picturesque spots and places of historic interest. If you have the chance to go to Guangzhou, the capital of Guangdong Province, do not forget to visit the beautiful areas surrounding the municipality at your leisure. Of these tourist spots, the most famous is the Qixing Cliff (Seven Star Cliff) in Zhaoqing City. The place, also     

China's Investment in Africa's Banking Sector

1 Introduction The global financial crisis, whose effects have been most severe on the world's largest banks, has created a vacuum in banking sector in Africa by stalling investment from the traditional investor. The world's largest banks, brought to their knees by the crisis, and having had to be bailed out, are in no position to continue investing in the banking sector in Africa.     

Big Car,More Costly?

Current story on car consumption tax is performing in China. Consumption tax is levied on goods on the basis of value-added tax （VAT）. A small number of commodities are chosen to impose consumption tax, which is usually seen in the production sector. As an ad valorem tax, consumption tax plays an important and positive role in effectively organizing fiscal revenue and correctly guiding production and consumption. China began to levy consumption tax on cars in 1994 and set three different levels of tax rates according to the type and displacement of the cars. It was paid by the manufacturing enterprises in line with the cost prices of the cars. As car consumption keeps growing rapidly in China, the consumption tax has also been adjusted accordingly. The first adjustment came in 2006. The previous three levels were further upgraded to six levels, the gaps between which were widened obviously. The gap between the top and the bottom levels grew from 5% to 17%.     

Improving Attitude toward Corporate Strategy with Visual Mapping： Scale Development and Application in Europe and China

Companies operating across borders face greater challenges in ensuring compliance with company strategy in different cultural contexts. Recent research shows the cognitive and emotional benefits of utilizing visual representations of knowledge in organizations. This study aims to test if mapping a corporate strategy visually can improve attitudes toward firm strategy and the intention to comply with it. An experiment is conducted comparing two knowledge maps to a textual version of the same company strategy. In order to measure attitudes toward the strategy, a scale was developed and tested in Europe and China. The study outcome provides a parsimonious and effective tripartite scale of attitude with cognitive, affective and behavioral components. The scale was then applied to a different sample to test the effect of mapping a company strategy visually on attitude toward the strategy, and to test if the effect is persistent in Europe and China. The results of the experiment show that subjects exposed to the visual conditions had significantly more positive affective and cognitive attitudes toward the content.     

Hopes in the Crisis ——Chinese Automobile Market in the World Automanufacturing Industry Shuffle

The economic crisis spread rapidly around the world, making automobile industry one of the victims who are shocked hardest, leading to an industrial shuffle in global automobile industry. USA, EU and Japan, the traditional top three leading countries in global auto- mobile industry, could not have their lucks to escape from the crisis. The weak global automobile market forces these transnational auto companies to be more cautious about the future than ever. As reflected in the latest performance reports, though governments took measures to maintain the market, the sharp decline in global automobile sales volume continued in the first quarter. Automobile market bottomed out in the second quarter. US auto industry was affected the most, with two out of the top three manufacturers getting bankrupt and regrouped. In the first half, auto sales volume in USA was 4.80 million, down by 35.1% from that of the same period in 2008. The third largest automobile market in the world, Japan had a sales volume of 2.18 million, down by 21.5% with the same comparison.     

UK to Explore Advertising Market in China

The Institute of Practitioners in Advertising （IPA） is for the first time participating in the China International Advertising Festival, lasting from October 29 to November 1, in Nanning, capital city of Guangxi province, southwest part of China. The festival is claimed to be the most influential national event in China＇s advertising industry calendar.     

Impact on Agriculture ＆ Enetgy

The earthquake was already three weeks ago,and the relief work under the leadership of the central government and local Sichuan government is moving ahead step by step.The focus of the relief work has begun to shift to reconstruction in the ruined regions,where local industries have suffered a lot in the disaster.     

Quality, Safety and Consistency Equals Better Business

The United States and China both hold unique titles in the global dietary supplement industry.The U.S.is the global leader in regard to manufacturing and marketing finished dietary supplements and China is the largest supplier of raw materials and ingredients.As the leaders in these two areas,it is important to lead by example and also be the safest.     

China Lucky Film Corp.

China's colour film and colour paper market was manipulated by imported Kodak, Fuji and Konica in the early 1980s when the Chinese people began to use colour film. The improved Lucky Ⅱ-type colour film produced in 1985 began to take a share of the domestic market owing to its reasonable price. Lucky Film Corp. put its newly-developed third generation colour film BR100 on the market in 1990 and the performance and quality of the film have captured the attention of photographers in the country. The product     

Pride of National Industry——Shanghai Household Cosmetics Allied Corporation

The Shanghai Household Cosmetics Allied Corporation was established in 1898. It is the earliest national cosmetics enterprise in China. From the Guang Sheng Hang (an old firm) in Qing dynasty to a group corporation with modern scale operation today, almost a century has elapsed from beginning to end. The development of the Shanghai. Household Cosmetics Corporation bears witness to     

China''s Work Safety Report

General Situation of China's Work Safety in 2004 In 2004, the national work safety situation remained stable as a whole and gained momentum to improve. The totality of accidents held the line and began to drop. The safety conditions in industrial,mining, and commercial/trading enterprises improved. Progress was made in ensuring work safety in the relevant industries and fields. The safety situation in most provinces (autonomous regions, municipalities directly under the Central Government) kept stable.     

China‘s Work Safety Report

General Situation of China‘s Work Safety in 2004 　　In 2004, the national work safety situation remained stable as a whole and gained momentum to improve. The totality of accidents held the line and began to drop. The safety conditions in industrial,mining, and commercial/trading enterprises improved. Progress was made in ensuring work safety in the relevant industries and fields. The safety situation in most provinces (autonomous regions, municipalities directly under the Central Government) kept stable.……     

China-EU Economic Relation： Fluctuating in 2008

The economic relation between China and EU has the great significance to each party as well as to the world. As the great political and economic powers in the today＇s world, China and EU have the urgent motivations to promote the economic cooperation between them at the global times. The economic relation between China and Europe, including the trade and economic cooperation and investment between China and Europe, has been developing greatly since 1975. The bilateral trade volume has increased rapidly, ahnost being doubled in 3 years since 2000. The bilateral trade volume arrived at US$356.2 billion in 2007. In 2007, China＇s import from EU was US$111 billion, which increases by 22% comparing with that in 2006, and exportation to EU is US$245 billion, which increases by 29%.     

Impact on Agriculture & Energy

The earthquake was already three weeks ago, and the relief work under the leadership of the central government and local Sichuan government is moving ahead step by step. The focus of the relief work has begun to shift to reconstruction in the ru-ined regions, where local industries have suffered a lot in the disaster.     

Forum discusses water origin and urban development

The United Kingdom will build a virtual pavilion to match its real pavilion at the 2010 Shanghai Expo. The United Kingdom handed over the participation documents to the Expo organizer to participate in Expo Shanghai Online, a Shanghai Expo innovation that will provide virtual visits to the Expo.     

When Oil Prices Encounter the Financial Crisis

The oil market is just like the sea;it is never quiet for a single moment.Facing the sea to observe the tide, we must behave calm in order to act correctly. The oil in the country is like the blood of the econo- my,and the oil prices in the economy is like a barometer. Under the mysterious veil,there are oil supply changes, the pattern of political restructuring...     

Moldova, Wine Hometown Eyes More Trade with China

The Republic of Moldova, a friendly country of China, is very developed in the wine industry. In 2005, the Moldova Embassy held the first Wine Festival in Beijing. H.E. lacovTIMCHlUK, Ambassador revealed to China's Foreign Trade that the festival would be held every year as a tradition in China. He showed a great optimism to the Moldova-China trade relations. The follows are the interview with him.     

COTTM 2009 Beijing,For Travel and Tourism

The fifth edition of China Outbound Travel and Tourism Mar- ket was held in Beijing on April 22, 2009. The past twelve months since the last COTTM turned to be a huge challenge for the travel and tourism industry. According to the World Tourism Organization （UNWTO）, the growth in international tourist arrivals has slowed down considerably due to the volatile and turbulent global economy. The final result for 2008 was an estimated growth of 2%, down from 7% in the previous year, but the forecast for 2009 is that the arrivals will be fiat at best and a few percent down at worst.     

When Oil Prices Encounter the Financial Crisis

The oil market just like the sea; it is never quiet for a single moment, Facing the sea to observe the tide,we must behave calm in order to act correctly.
The oil in the country The oil like the blood of the economy, and the oil prices in the economy is like a barometer. Under the mvsterious veil, there are oil supply changes, the pattern of political restructuring...