TaobaoisChina'sanswertoeBay.Now,Taobaoisplanningongettingphysical.Taobaoplanstobuilda12,000squaremeter,threestorymallonShanghai'smaindrag-NanjingWestRoad.Thestate-ownedcompanythatwilloperatethestorypaysTaobao$1.25millioneachyeartousetheTaobaoname.TheplanistorecruitsellerswhouseTaobaoandchargethemforspace.
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TheJapaneseandKoreanshavetheirownstrategyforworlddominance.1.Theybuildagiantbaseintheirdomesticmarketwheretheycantesttheirproductsandperfecttheirproduct.2.Then-headoverseaswithafirstrateproduct.3.BeatthepantsoffthecompetitionHaieristakingthatapproach.WiththeirhugemarketofconsumersinChinatheyhavetonsofexperienceandfeedbacktoperfecttheirproducts.NowtheyaretryingtoinfiltratetheUSmarket.
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Haierispronouncedhigh-er.Don'tforgetthe-ER.ItseemsthatmostAmericansassociategoodsmadeinChina-whichisjustabouteverything-ashavinglowquality.Haierwantstochangethatimage.Haieristheworld'sfourthlargeshomeappliancemakerwith2005salesofnearly$13billion.Hey!Ihaveoneoftheirappliances-alittlebittywashingmachinethatfitsinmycupboardthatcanwashoneandhalfpairofbluejeansatatime.Ihavetocontinuallysewthembacktoget...[
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ChineseautomanufacturerNanjingAutomotiveboughttheBritishsportscarbrandMG.IrememberwantingoneofthosewhenIwasgrowingup.But,Iamtoobig,ortheyaretoosmalloracombinationofboth.NanjingAutomotiveplanstomaketheMGsinthreeplaces-1.England2.Chinaand3.theUS-Ardmore,Oklahoma.Productionissettobeginin2008.ItwillbethefirsttimeaChinesecarcompanywillmanufactureinAmerica,nottomentioninAmerica'sheartland.Thecostofthisp...[
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PrettysoonChinawillhavearecordforthenumberofrecordsithasset-intheeconomy.InJune,thetradesurplushit$14.5billion.Thisisthehighesttradesurplusrecordedbyanycountryever.Anddon'tforget...Christmasiscoming.Chinadiditspartonincreasingimports-up19%,butexportsoutpacedimportsandgrew23%.Well,tobesure,Americans,insteadofhunkeringdownandworkinghardertomakethingsofbetterquality,moreefficientlyandthusmorecheaplyw...[
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ASpanishwebsiterecentlygave10reasonswhypeopleshouldstudyChinese.Herearefourofthem.1.TheChinesecultureisfullofmagicandlegends2.Mandariinisspokenbythelargestpopulationintheworld3.Chinahasstaggeringeconomicstrengthandpotential4.EnterprisesareincreasinglyenteringChina
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InKoreathereare160,000studentsstudyingChinese,upnearlytwothirdsoverthepastfiveyears.InJapan,morethan500highschoolsoffChineselanguagecourses-about20,000highschoolstudentsareenrolledanddonobetteratChinesethantheydoatEnglish-buttheytry.EnglandoffersaHanyuShuipingKaoshi-ChineseLanguageLevelTest-ithasseena57%increaseinthosewhositforthistestinthepast5years.
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Oneblogger,XiangWenbo,thinksChinesecompaniesare'losingtheirminds.'BeijinghasmadeitquiteeasyforforeignerstoenterthecountryinhopesofhelpingChinagetaquickstartandplentyofmomentumtocatchupwiththerestofthebusinessworld.Now,China'suniversities,businessleadersandgovernmentofficialsarebeginningtoquestionthatstrategy.Helpingthecountrygetstartedonthebusinessroadisonething.Takingoverisanother.
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GeneralElectricCo.istheworld'ssecondbiggestcompanybymarketvalue.ExxonMobilisnumberone.GEhasagreedtoworkwithChinatodevelop:1.Windpowerequipment2.loweremissionjetengines3.moreefficientlocomotivesInthenext15years,Chinasaysitplanstospend1.5trillionyuan($187.5billion)onrenewableenergy.And,theyplantodoitwiththeworld'slargestelectriccompany.
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FourgroupsinAmericawerepolledabouttheirimpressionsofChina-1.GeneralPublic2.OpinionLeaders3.CongressionalStaff4.BusinessLeadersOnequestiontheywereaskedwasHaveyouevervisitedChina,TaiwanorHongKong?
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