Archive for the 'taiwan' Category
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05.06.08
Living in China: Shanghai foreigner influx doubles in five years
"The number of expats living in Shanghai and those working in local foreign-invested enterprises almost doubled from 2002 to 2006, according to a Shanghai Federation of Trade Unions report released recently. Issued every five years, the report said there were a total of 119,876 expatriates living in the city in 2006, compared to 61,610 in 2002. The number of expats working in foreign-invested companies in the city increased from 40,076 to 76,873 over the same period..."  read on
posted in macao, taiwan, salary, finance, real estate, living, china, shanghai, trade, hong kong, trends -
03.05.08
Internet in China: online game market hit 1.8 billion US Dollars in 2007
"China's online gaming market surged 66.7 percent year-on-year to hit 12.8 billion yuan in 2007, according to a report released by i Research Inc., a Shanghai-based consulting firm. The jump is largely driven by China's massive player-pool and operators' marketing efforts, said the firm. The number of China's netizens grew 53 percent last year from 2006 to hit 210 million by December, which means the country is close to overtaking the United States to become the world's No. 1 by web population size, according to China Internet Network Information Center (CNNIC): Nearly 60 percent of the web users (more than 120 million) have played at least one title in the past year, with an average of 7.3 hours spent on the online games every week. Twenty-one percent of them even played more than 10 hours a week..."  read on
posted in software, taiwan, market, beijing, shanghai, gaming, consumer behavior, china, internet -
01.28.08
China, Socialism & Consumer Behavior: Second Largest Billionaire Population
"The total number of billionaires in China has risen to second place in the world, just behind the US, Yangcheng Evening News reported recently: The 2007 top 500 Chinese magnates list was recently released in Hong Kong, the combined wealth of the 500 magnates exceeds 4,342.6 billion yuan (US$ 587 billion). The number of Chinese magnates with more than one billion dollars in assets has reached 146, compared to 85 last year..."  read on
posted in real estate, macao, taiwan, market, living, hong kong, wealth, socialism, china, trade, economics -
11.07.07
China Enacts National Competition Law
"Culminating a 13-year drafting process, on August 30 the Standing Committee of the National People's Congress enacted China's first competition law, the Anti-Monopoly Law ( [Fan Longduan Fa] ). It prohibits discriminatory and anti-competitive practices by local administrative and public bodies against products, business operators and investors from other parts of China, and Fines for monopoly agreements and abuses of dominant position may range as high as one to ten percent of the wrongdoing company's total sales volume in the relevant market during the previous year..."  read on
posted in macao, industry, taiwan, united states, market, hong kong, trade, wealth, socialism, china, intellectual property, economics
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