ChinaisNorthKorea'sbest,maybeonlyfriend.Chinesemightbetheonlyoneswhowouldvisitthereaswell.Still,NorthKoreaclosedthedoorontourgroupsfromChina.
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Apollwasconductedof354ChineseAmericanswhowerechosenatrandomnationwidebyfromasurnamelist.TheywereaskedaseriesofquestionsabouttheirattitudestowardChinaandtheirviewsonChinaandUS-ChinaRelations.Question4:WhatisthemostimportantthingthattheUSandChinaneedtodotoimprovetheirrelationship?
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Alibabaowner,JackMa,saysthereisnotimeframetogopublicwithAlibaba,abusiness-to-businesssite.MaownsAlibaba,Taobao,AlipayandYahooChina.Thegroup,hesays,hasmoneyinthebank,leftoverfromYahoo's$1billioninvestmentfora40%stakeandfromitsearliercapitalraisingactivities.
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Accordingtowww.post-gazette.comthereareroughly280,000companiesbackedbyforeigninvestorsoperatinginChina.Additionally,Chinaattractssome$60billionayearinforeigninvestment.However,thefeelingisthatitislikelytoleveloffordecline.
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USTradeRepresentativeSusanSchwab,saysthatcallsforChineseofficialstomorecloselyscrutinizeforeigninvestmentcouldsetbackthecountriesgrowth.PerhapsthatiswhattheChinesegovernmenthasinmindforslowingdowntheeconomy.
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Apollwasconductedof354ChineseAmericanswhowerechosenatrandomnationwidebyfromasurnamelist.TheywereaskedaseriesofquestionsabouttheirattitudestowardChinaandtheirviewsonChinaandUS-ChinaRelations.
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JackMa,founderandCEOofChinesee-commercefirmAlibabapredictsYahooChinawillbeprofitablebynextyear.Hedoesn'tthinkYahoowillchallengeBaidu,China'snumberonesearchengineorGoogleanytimesoon.Furthermore,hedoesn'tcarethattheyaren'tachallengeryet.
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TherearethreemajorareasthataretargetedinChina-Beijing,GuangzhouandShanghai.Multinationalsarealsoreachingintosecondandeventhirdtiercitiesinordertostrengthentheirpresenceand,ofcourse,increaserevenues.www.theage.com.aureportsthattherearestillsome12,000MOREcitiesandtownsbeyondthat.
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AccordingtoaManpower,Inc.WhitePapermanagementlevelattritionratesinChinaare25%higherthantheglobalaverageanditcancostasmucha3to20timesthemanager'ssalarytoreplacealostmanager.ManpowersaysthatthenumberonewayformultinationalstokeepmanagersintounderstandChinesecultureandleveragethatunderstanding.
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AccordingtostatisticsreleasedbytheJapaneseMinistryofEconomy,TradeandIndustry,followingarethetopsixdestinationsofJapan'smachinetoolsandthepercentageofoverallimports.
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