Chinesecarsmakeuponlyone-fifthofdomesticsales.However,Beijingwantstosee60%ofmarketshareby2010.
Twoyearsago,Cherysoldabout7,000vehiclesamonth.Lastmonth,thecompanysold5timesthat-35,000forthemultiplicationimpaired.
CheryisalsotalkingwithDaimlerChryslerAGaboutproducingasub-compactcarfortheDodgeBrand.
AFlorida-basedentrepreneurshowedupwith$500millionspendingmoneyraisedinprivateequityandislo...[
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TheStatisticsandCensusServiceinMacaoreportedthattheaveragevisitortotheAsiangamblingcapitalspent1,430patacas($178.75)inthethirdquarterofthisyear,upjust1%overlastyear.
However,thesameorganizationannouncedthatvisitorsfrommainlandChinaspentmorethantwicethatmuch-2,898patacas($362.25).
Idon'tknowwhyitis,buttheChineselovetogamble.
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ThereisapopularbrainteaserinChina-Whydon'tpolicepunishdrunkendriving?
Theansweris-becausethecarisdoingthedrinkingnotthedriver.
CarsinChinaarerunningongasahol-amixtureofgasolineandethanol,afuelmass-producedbyfermentingsugarorstarch.
Thecostforoneliterof93#gasolineis4.83yuanperliter($2.23/gal).
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China'sscienceandtechnologycompaniesarecleaningupbigtime,rollinginthedumplings,makingakilling.
Howaboutthesefacts?
1.Chinahad14,000privatesci-techcompaniesin2005.
2.China'ssci-techcompaniesspent123billionyuan($15.4billion)onR&Dlastyear.
3.China'ssci-techcompaniesMADE6.1trillionyuan($762.5billion)ingrowwincomeduringthesametimeperiod.
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JackieChanannouncedonhiswebsitethathewaslaunchingacosmeticline.
NowtherearefivewayswecanallbelikeJackieChan.
1.Wecangotooneofhisfitnessclubs
2.Wecaneatatoneofhisrestaurants
3.Wecanwearsomeoftheclotheswithhisnameonit
4.Wecaneatsomeofthecookieshemade
5.Now...thankgoodness,wecanwearsomeofthecosmeticsthathedoes.
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JapanandChina'sForeignMinistershaveagreedtodoajointstudyoftheirdisputedwartimehistoryandissuetheresultswithintwoyears.
Thisstudyalonecoulddowonderstosmoothouttherelationsbetweenthesetwoeconomicgiants.Continuereading...
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Opendoorshasputtogetheratremendousresourceontrendsininternationalstudents-thosecomingtotheU.S.andstudentsintheU.S.headingelsewhere.
Itisestimatedthatforeignstudentsbringsome$13.5billioninrevenue.That'salotofshecklesforthehostcampus,hoststates,hostfamilies,shoppingmalls.
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China'sMinistryofLaborandSocialSecuritywarnedthatabout1.24millionChinesecollegestudentswillgraduateandNOTfindjobsthatrequiretheirfieldofstudy.
Altogether,4.1millionstudentsgraduatedthisyear,up750Kfromlastyear.
However,only22%ofChina'snewjobslastyearwereforcollegegrads.Thiswasbasedonastudyof114urbanmarkets.Continuereading...
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TomeetitsWTOobligations,Chinahasagreedtoletforeign-fundedbanksconductRMBbusinessforChinesecitizens.
Beijinghasalsoagreedtoremoveregionalrestrictionsandotherlimitsontheforeign-fundedbanks.
Inotherwords,abankisabankisabank.Theywillallbethesame.
However,ChinesebranchesoftheforeignbanksstillwillnotbeabletoconductRMBservicesunlessapersonweretodepositonemillionyuan($127K)andgetpermissionfrom...[
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Confuciuscanalwaysbecountedontoimpartwisdom.
Hereissomeofhisbusinessadvice.
ToNabisco-Don'tadvertise-
Hewhoeatscrackersinbedgetcrummysleep.
ToVIPweddingservice-
Eunuchsarenotstrangecreature,theyarejustmencutouttobebachelors.
ToACMEVegetableWholesalers-tellcustomerstobuybecause
Manwhodreamofeatinggiantshitakemushroom---likelytowakeupwithnopillow.Continuereading...[
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