Needaraise?Headforthebigchicken.In8ofherbigcitieswageshavegoneupfrom8-12%.Beijing-8%Shanghai-9%Nanjing-12%Chengdu-10%Chongqing-11%Wuhan-9%Suzhou-10%Guangzhou-8%
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Myguestblogger,ChineseConfidentialhasstartedanexcellentdiscussionandIhopeotherswillweighinwiththeircontribution.InshortChinaConfidentialsaysChinaisstillnottobefullytrusted.Idon'tknowtheanswer.FromwhereIamsitting,some6000milesaway,IaminclinedtobelievethatanyinteractionwehavewithChinaisgood.Youcan'tlearntogetalongifyoudon'tatleastcommunicate.Thereisasmallgroupofmen,Chineseexpatriates,whoworkfromanun...[
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ABlogger'sEditorialWish-List
I'vebeeneditingandpublishingthedailyChinaConfidentialWeblogforalmostayear,positioningitasakindofblogofrecord,withafocusonnewsreportingandanalysis.Duringthistime,I'vebecomeincreasinglyawareofhowlittlemostofusreally
knowaboutcontemporaryChina.
TheWesternmediahasbeguntodiscoverthedarksideofChina'seconomicascent,includingtheplightoftheleft-behindruralpoorandurb...[
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Ineveryfundraisingslidepresentationthereisoneslidethatlookslikeahockeystick.Profitsleveloffandthenmagichappensandprofitsskyrocket.ThatmagicisusuallywhenthecompanymakesinroadsinChinaorIndia.Butwhathappenswhenitsbothcountries?IttakesofflikeaFinnishskijump.(Iknow,thisisinNorway.)NOKIAisdoingexceedinglywellintheChinese(30%)andIndian(60%)markets.InChina,MOTOROLAandSAMSUNGarebothadistancenumber2and3atab...[
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ThereisonesportandonelocationwhereAdidascankickthetaroutofNike.ThesportissoccerandthelocationisAsia.Nikehasa38%ofthebrandedfootwearmarketcomparetoa34%shareheldbyAdidas.ThishasmuchtodowithAdidas'purchaseofReebok.Still,AdidashaspassedupNikeoverallinJapan.NikekicksAdidasbuttintheUSbutoutsideoftheStates,it's31-28,Nike.Soundslikeadifferentkindoffootballscore,eh?AdidastooktheleadfromNikeaftersponsoringt...[
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Accordingtosome,itisUSmanufacturingthathasleadtheworldinproductivegainsanddrovelivingstandardshigher.Iamnotsmartenoughtounderstandallofthat,butwhatIdoknowisthatIreadrecentlythatChinahaslostmoremanufacturingjobsthanAmericasince2000-somethinglike4.5millionto3.1million.But,didthisreportmentionthatChinahasmorethan4timesthepopulationoftheUS?Uh,no.So,doesChinahavemoretolose?
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TheChineseareindeedsneaky.Andtheextenttheywillgotospyonus,well,canyouimagine?ItseemstheStateDepartmentrecentlypurchased15,000Lenovocomputers.Itprobablydoesn'tmatterthattheywerebuiltinNCandMexico.LiberalandconservativecriticsalikeareafraidthedealwillhelptheChinesetospyonUSembassiesandUSintelligence(maybetheycanpitchinandofferupsomebetterintelligence)gatheringactivities.Thiswouldbedonebyusinghardwar...[
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IwroteinapreviouspostGoldenGoosethatStanfordisfeelingthepinch.WellnowitseemsSiliconValleyisfeelingthepinchaswell.Ireadtodaythatdespitetheeconomyreachingpre-Internetboomlevels,theValleyisfacingaseriousbraindrain.Thereareanumberofreasonsforthis-1.Highcostofliving-itcostsmorethan$500asquarefoottobuyamatchboxsizecondoinmyarea.2.Salaryincreasesarenotkeepingup.3.SeveretrafficYoucansaythatagain!4.Severet...[
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Inanearlierpost,IwroteaboutTwoRepublicansandaDemocratinChinatryingtoputthesqueezeonthebigdragon.
"Wearemoreoptimisticthanwewerewhenwecamehere.WehaveseenthattheChinesegovernmentandtheChinesepeople(all1.4billionofthem?)actuallyhaveaconvergencewiththeAmericanpeopleoncurrency,"saidSenatorGraham.
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Youcan'tgetthatcancertreatmentherethatis...andhereisintheUS.ButyoumightbeabletogetitinChina.
Shenzhen'sSiBionoGeneTechCo.producesGendicine,theworld'sfirstcommerciallyavailablegene-therapydrug.
Theypresentlyhaveabout70foreignpatientsfrom22countrieswhohavesoughtgene-therapytreatmentforacool$20,000pertwomonthcourse.That'salotofyuan.Multiplyby8.
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