Tag Archives: China

Global Gold price soars 2.15% This Week

Global gold prices weakened with the long holiday that will occur in the United States (U.S.). However, during this week, gold prices posted the biggest gain in the week.

Cause of the positive trend in gold is weakening stock market and slowing the movement of the dollar value.

Statement of the U.S. central bank, the Fed signaled that economic stimulus delays also a positive sentiment for gold.

“The weakening of the U.S. dollar, combined with the issue of economic stimulus, as well as low levels of consumption in China to be the sentiment in gold prices pushed past few days,” said analysts from Societe Generale Group metal, Robin Bhar.

The price of gold, at the end of this week, fell 0.23 percent to USD1.387, 51 per ounce from the previous USD1.390, 4. Even so, gold prices have gained as much as 2.15 percent this week, which is the biggest gain since late April.

Globalization in Business World

With the opening of Asian and African markets U.S. companies have the opportunity to sell products that they may have over supply of or suffering from low sales in U.S. Many of these countries are just coming into modern technology; this will allow for sales of products that well make their lives easier that many Americans take for granite. Also this well allow U.S. companies to improve both sales and over all company monetary values.

I feel the biggest challenge is religion and culture; both of these have caused wars and problems. With the president we have now and his belief America is no longer a Christian country this alone well makes problems for U.S. in Europe. The people of America after 911 no longer truly trust Muslim countries this well open companies for lawsuit and terrorism.

Another feeling in the banking world is that globalization is a “race to the bottom” for both labor and environmental standards (CATO Institute, 2009). By this the banking and government thinks as I do, that this well cause a lowering in the living and pay standards in U.S. to match these foreign countries which would destroy the American way of life as it has been.

Also I feel opposite as the government of the powers that be feel, mainly we are already way over board on environmental things, just look at G.M. , the E.P.A. alone has cause them to raise the price of cars over 60% in just the last 10 years, with no real showing that is has helped the environment at all. Other countries like China are building more coal power plants daily as we are being told by the U.N. and Al Gore we must close ours. American companies are making money sending this type of knowledge and equipment to china which is a good thing for globalization, but on flip side we cannot use what we already have to help American people.

5 Years Ahead, Huawei Target Revenue 10%

Huawei, an information technology company, and the world’s leading solution providers targeting annual revenue growth rate of 10 percent, over the next five years.

President of Huawei Corporation Strategy Department Will Zhang said, the efforts made ​​Huawei to maintain its position as the leading network services company in the world.

“Through direct integration and continuous investment in cloud computing operating system and softCOM, Huawei will maintain its position at the forefront of networking equipment, up to five years into the future (2017),” Will said Zhang, on the sidelines of the Global Analyst Summit 2013, in Shenzhen, China.

Up on achieving peak, Huawei will continue to provide services in the technology industry development, Information and Communication Technology (ICT). “And that’s our target of expanding ICT networks all over the world for five years in the future,” said Will Zhang.

Nevertheless, all of it, Zhang continued, must be driven by technology and information quickly, to encourage the growth of the economy globally.

Fitch Cut Debt Rating China So A +

The rating agency, Fitch Ratings downgraded the debt of China, which for long-term debt with local currency A + from previous AA-. Even so, the outlook of the ratings is stable.

Rank pruning is done in line with the high financial risks from rapid credit expansion, along with the emergence of shadow banking activities.

As reported by CNBC, Wednesday (04/10/2013), China has made rapid credit expansion as a result of government stimulus undertaken in the period 2008-2009 to fight the global crisis.

Bank lending to the private sector reached 135.7 percent of gross domestic product (GDP) at the end of 2012, the third highest of the countries yanng diperingkati Fitch.

Amount of credit, if taking into account the activity of “shadow banking”, may increase to 198 percent of GDP by the end of 2012, up from 125 percent at the end of 2008.

How to Print Your Own Business Material

Proper marketing benefits your business to a large extent. More than 80% of new business actually comes from the various marketing strategies. Often times, you end up spending a lot of money getting your promotional materials printed. But if you did it yourself, you would cut your trade printing expenses by more than half! It’s not hard work; all you need is some basic knowledge of what works and how and you are good to go. I’m talking about things like brochures, letterheads, business cards and posters.

The first thing you need to choose is the printing paper. There are various options from which you can choose the best paper for the particular product you want to print. The standard size is the A4, followed by A2, A5, A6 and DL. Your printing paper can be coated, uncoated or carbonless. Coated printing paper has a thin china clay coating to give it gloss, while uncoated doesn’t have this coating and is rougher. Carbonless paper makes it easy to make copies of handwritten documents. It is ideal for printing invoice books and letterheads.

By this time you should have your design ready. You will need to know about pantone (the Pantone Matching System), which is the standard set of colors mostly used in trade printing. There are basic rules when printing different designs. For instance, you should not put a bleed on a document if you have graphics going all the way to the edge of the paper. If you do so, a white line will form along the edge. There are many styles you can incorporate during the printing process such as embossing, imprinting and ghosting.

Remember to carefully go through the page proof before commissioning the printing process. This will give you the chance to correct any mistakes that might need rectification. This is a practice which when cultivated, brings both financial relief and personal gratification.

Indonesia eyeing the furniture market in China

China International Furniture Fair (CIFF) 2013 which was held in China Import Export Fair Pazhou Complex, Guangzhou, China, 18 to 21 March 2013 is expected to increase Indonesia furniture market in China.

“Indonesia’s participation in the exhibition that has been held for the 31st time, is intended to increase the market share of Indonesian furniture in China as the country with the highest economic growth in the world,” said Director of Development and Promotion Ministry of Trade Citra, Pradnyawati, in a press release received by Reuters, Tuesday.

Indonesia’s participation was organized by the Directorate General of Export Development (DJPEN) of the Ministry of Commerce in collaboration with the Association of Indonesian Furniture and Handicraft Industry (ASMINDO) and the Association of Indonesian Rattan Furniture and Craft (AMKRI).

In the second participation this time, the theme pavilion Indonesia Trade with Remarkable Indonesia featuring 11 companies selected furniture in an area of ​​196.5 m2.

Companies that follow the exhibition is Abiyasa Gallery, CV Wood Shades Used, PT Primerindo Jaya, CV Property, Palace Furniture, Teak 123, PT Elmas Natura, Griya Kriyasta Nugraha, Philnesia International, Surya Abadi Furniture and Craft CV Sultan Agung.

CIFF is the largest world-class furniture exhibition in Asia and is held twice a year, on a land area of ​​680,000 square meters, and followed more than 3,000 exhibitors from 29 countries.

Some large countries that follow the exhibition include the United States, Germany, Italy, France, Singapore, Thailand, Australia, Japan, Malaysia, Turkey, and China as the host. Meanwhile, the number of professional buyers who come to visit more than 178,000 buyers from different countries.

In September, the participation of Indonesian pavilion managed to obtain transaction valued at approximately one million dollars, and Indonesian products are mostly made of wood with natural colors dominate the request of the buyer.

“Ultimately, of course, not only the value of Indonesian furniture exports to China increased. Through this exhibition, participation is expected to take the lead in entering the world market, especially in Asia,” said Pradnyawati.

Indonesia’s furniture exports to China in 2012 reached a value of 21.4 million dollars, up 45.54 percent compared with 2011 worth of 14.7 million dollars.

How to Print Your Own Business Material

Proper marketing benefits your business to a large extent. More than 80% of new business actually comes from the various marketing strategies. Often times, you end up spending a lot of money getting your promotional materials printed. But if you did it yourself, you would cut your trade printing expenses by more than half! It’s not hard work; all you need is some basic knowledge of what works and how and you are good to go. I’m talking about things like brochures, letterheads, business cards and posters.

The first thing you need to choose is the printing paper. There are various options from which you can choose the best paper for the particular product you want to print. The standard size is the A4, followed by A2, A5, A6 and DL. Your printing paper can be coated, uncoated or carbonless. Coated printing paper has a thin china clay coating to give it gloss, while uncoated doesn’t have this coating and is rougher. Carbonless paper makes it easy to make copies of handwritten documents. It is ideal for printing invoice books and letterheads.

By this time you should have your design ready. You will need to know about pantone (the Pantone Matching System), which is the standard set of colors mostly used in trade printing. There are basic rules when printing different designs. For instance, you should not put a bleed on a document if you have graphics going all the way to the edge of the paper. If you do so, a white line will form along the edge. There are many styles you can incorporate during the printing process such as embossing, imprinting and ghosting.

Remember to carefully go through the page proof before commissioning the printing process. This will give you the chance to correct any mistakes that might need rectification. This is a practice which when cultivated, brings both financial relief and personal gratification.

Secretly, China Seriously Make Jumbo Jet Plane Local

With the rise of industry, China will not continue to rely on foreign aircraft such as Boeing or Airbus. Currently, the Chinese government is serious about building a homemade jumbo jet.

Akhi on Saturday last week, the Chinese government conducted a series of experiments separately operate the jumbo jet version of Y-20 which is the largest transport aircraft.
Jumbo Jet Plane Local
Y-20 chief designer Tang Changhong said Y-20 is being designed as a multifunctional jet.

“The success of te flying Y-20 became the starting point of China’s aviation industry, and we are getting closer to be able to build a strategic air force,” said Tang eperti Chinadaily quoted on Monday (03/04/2013).

It said Tang, the Chinese aircraft designer takes 5 years to be able to do a test flight of the aircraft. Currently the world’s largest plane is the Antonov An-225, Ilyusin Il-76, and Boeing C-17 Globemaster III.

Tang believes, Y-20 is going to be a jumbo serving of air travel in China. In previous trials on January 26, 2013 then, the aircraft can carry up to 66 tons of cargo.

In addition to Y-20 aircraft, China is also creating C919 jumbo which is expected to start flying in 2014.

The Chinese government is serious about developing industrial center plane. China immediately poured a budget of 100 billion yuan (U.S. $ 16 billion), or about Rp 152 trillion for aircraft engine development program made their own works.

The Chinese government wants to reduce its dependence on foreign aircraft manufacturers such as Boeing, Airbus, General Electric and Rolls Royce aircraft along with the increasing need for Bamboo Curtain country.

So far, the Chinese aircraft industry failed to build aircraft engines for reliable products, and are still dependent on Russia and the West for both commercial and military.

A professor of aerospace experts from Beijing University who knew that Rp 152 billion fund that would be used China to conduct research, development of technology, design, and materials for the aircraft industry.

Global Markets Fell, but Wall Street Rebound

Global stock markets fell and the euro slipped to its lowest level in two months on Friday as weak economic data from Europe and China have weighed on prices, but Wall Street sentiment was lifted by news of strong U.S. manufacturing sector and consumers.

Oligasi government rallied and the dollar strengthened following the buying of U.S. concerns about spending cuts, and the post-election political deadlock Rome is still a major factor for the bad assets that are considered riskier.

U.S. manufacturing growth, which rose at the fastest pace in one and a half years in February, has offset some anxiety. Institute for Supply Management (ISM) said its index of national factory activity rose to 54.2 from 53.1 in January, higher than the 52.5 forecast by economists.

While economic data from Europe and China disappointing, there are clear signs of U.S. economic recovery, and some evidence that the Japanese began to improve, a potential swing factor in 2013, said Andrew Milligan, head of global analyst at Standard Life Investments in Edinburgh, as quoted Reuters.

A report showed U.S. consumer sentiment rose in February, another evidence of optimism, even confidence in fiscal policy enforcement closer.

Stock prices on Wall Street opened lower but then rebounded after the ISM report and U.S. consumer sentiment.

The Dow Jones closed up 26.64 points, or 0.19 percent, to 14081.13, the Standard & Poor’s 500 index rose 2.83’s points, or 0.19 per cent at 1517.51, while the Nasdaq composite index rose 6.13 points to 3166 , 32.

Equity index MSCI all-country world fell 0.24 percent to 353.59. In Europe, the FTSE 300 composite index fell 0.24 percent to close at 1168.64.

The euro exchange rate against the U.S. dollar is at its lowest level of 2013. The euro fell to 1.2868 dollars, its lowest since December 10, and the last previous 0.28 percent decrease to a level of 1.3022 dollars.

Against the Japanese yen, the dollar rose to 93.68 yen, up 1.1 percent from the previous closing of 93.56 yen.

Meanwhile, oil prices fell to a six-week low below $ 110 a barrel as rising fears of massive spending cuts U.S. outlook and disappointment over the European economic data.

Crude oil for April delivery fell 92 cents to 110.46 dollars per barrel. U.S. oil fell 1.37 dollars to 90.68 dollars per barrel, as quoted by Reuters.

China's thick smog arrives in Japan

The suffocating smog that blanketed swathes of China is now hitting parts of Japan, sparking warnings Monday of health risks for the young and the sick. The environment ministry’s website has been overloaded as worried users log on to try to find out what is coming their way.

“Access to our air-pollution monitoring system has been almost impossible since last week, and the telephone here has been constantly ringing because worried people keep asking us about the impact on health,” said an environment ministry official.

China's thick smogPictures of Beijing and other Chinese cities shrouded in thick, choking smog played out across television screens in Japan last week. News programmes have broadcast maps showing a swirl of pollution gathering strength across China and then spreading out over the ocean towards Japan.

Pinks, reds and oranges that denote the highest concentrations form a finger of smog that inches upwards to the southern main island of Kyushu. Relations between Tokyo and Beijing are already strained, over the sovereignty of a chain of islands in the East China Sea. And on the streets of Tokyo, reaction was tart.

“China is our neighbour, and all sorts of problems happen between us all the time,” said Takaharu Abiko, 50. “It is very worrying. This is dangerous pollution, like poison, and we can’t protect ourselves. It’s scary.”

Officials were coy about lumping all the blame on their huge neighbour, but Yasushi Nakajima of the environment ministry said “we can’t deny there is an impact from pollution in China”.

Air pollution over the west of Japan has exceeded government limits over the last few days, with tiny particulate matter a problem, said Atsushi Shimizu of the National Institute for Environmental Studies (NIES). Prevailing winds from the west bring airborne particles from the Asian mainland, he said.

Of specific concern is the concentration of a particle 2.5 micrometres or less in diameter, which has been as high as 50 microgrammes per cubic metre of air over recent days in northern Kyushu. The government safe limit is 35 microgrammes. Yellow sand from the deserts of Mongolia and China is a known source for these particles, as are exhausts from cars and smoke from factories.

“At this time of year they are definitely not yellow sands, so they’re toxic particles,” Shimizu said, warning that “people with respiratory diseases should be careful”. Toshihiko Takemura, an associate professor of Kyushu University who runs another air pollution monitoring site, said “the impact of air pollution originating from China on Japan was scientifically discovered more than a decade ago”.

“Especially in Kyushu, the level of air pollution has been detectable in everyday lives since a few years ago,” he told AFP. “People in eastern and northern Japan are now belatedly noticing the cross-border air pollution.”

Takemura noted that pollution in Japan over the last few days has not been quite as bad as it was in February 2011, when “very hazy days continued for several days in western Japan”. He agreed with Shimizu that people with respiratory diseases, as well as small children, should take extra care to avoid the problems.

Takemura’s website forecast an “extremely large” amount of air pollutants would arrive in part of Kyushu Monday and Tuesday. Shimizu said information-sharing with China on air pollution has been difficult but “there are many things Japan can do, for instance encouraging China to use pollutant-filtering equipment in factories”.