Archive for the ‘Doing Business in China’ Category

5,546 Text Messages Each Second

China's mobile phone users sent 5,546 text messages every second for the first three months of this year.
That number is up 28.8% over the same quarter last year.
What I want to know is, what are …

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Posted by Bill Belew on May 6th, 2008 in Doing Business in China | No Comments

Number of Chinese Mobile Phone Users Grows by One Person Every Second

Mobile phones get sold at a rate of one per second in China.
Last year the number of mobile phone users in China increased by 27.3 million.
Fixed line users dropped by 4.4 million.
There are now 574 m…

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Posted by Bill Belew on May 5th, 2008 in Doing Business in China | No Comments

Yawn! More Growth Expected in China

Nothing new. Same-O. Same-O.
The Chinese Academy of Social Sciences is predicting China's economy will continue to grow at better than 10% this year.
Agriculture will grow 3.2%.
Industrial and the…

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Posted by Bill Belew on May 2nd, 2008 in Doing Business in China | No Comments

Teenagers Charged $1,700 for $5 Haircut

Two teenagers in China were held hostage by a beauty salon until they could come up with Y12,000 total to pay for their haircuts. They scraped it up by asking their classmates to pitch in.
The haircu…

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Posted by Bill Belew on April 19th, 2008 in Doing Business in China | No Comments

Can’t Afford to Live, Can’t Afford to Die in China

The average price of an apartment in Beijing – Y20,000 per square meter. The average price of a tomb – the same.
Thank goodness, a dead guy doesn't take up too much space, need to go t…

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Posted by Bill Belew on April 18th, 2008 in Doing Business in China | No Comments

Michelle Dunn – Starting a Collection Agency

Michelle Dunn is an award winning writer – New York Book Festival and Writer's Digest Award.
Michelle Dunn is also another KnowMoreMedia writer at BizCreditPolicy.
In addition, Michelle is …

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Posted by Bill Belew on April 13th, 2008 in Doing Business in China | No Comments

China’s Top Three Service Complaints

With all the economic growth going on, who has time to answer the phone to address complaints?
Still, the Chinese consumer is complaining.
The top three:
1. Online computer games – "Hey! I …

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Posted by Bill Belew on March 24th, 2008 in Doing Business in China | No Comments

1 in 20 Work as Bean Counter in Hong Kong

Some 5.4% of Hong Kong's work force or 200,000 people work in the financial sector says Cha-Ching – not his real name. It's Chan Ka-Keung, Hong Kong's secretary for financial service…

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Posted by Bill Belew on March 22nd, 2008 in Doing Business in China | No Comments

4 Increases in Trade in China Already in 2008

Trade in China is already up this year over last year. Up a lot.
In Shanghai, foreign trade rose 20.3% year on year in the first two months of this year.
Exports were up 17.2%.
Imports were up 26.3%.

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Posted by Bill Belew on March 20th, 2008 in Doing Business in China | No Comments

3 Ways to Make the Rich Richer

China's 'empress of paper' has a plan so that she and others like her can get richer.
At one time she was ranked as China's richest woman. She wants her spot back.
What good is it bein…

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Posted by Bill Belew on March 17th, 2008 in Doing Business in China | No Comments