China Economic ReviewModernisation of China’s telecommunications facilities is cracking ahead now, with the help of systems that are designed in Britain, but made in China, says Mish Desmidt of GPT Ltd. Here he explains how the company is taking its technology to Shanghai.
Shangri-La Hotels and Resorts has a sizeable presence in China with six hotels dotted around the country. Brian Harris, manager of Beijing’s China World Hotel, talked to China Economic Review about the idiosyncrasies of doing business in a country where tourism is still in its infancy.
China is a nation of smokers, with an estimated 400 million Chinese lighting up 1,625 cigarettes a year. But while foreign brands still have a certain appeal for young urban Chinese, only three joint venture cigarette companies have been permitted to build factories in China, and 90 per cent of the smokers still buy domestically-produced cigarettes. We review China’s most successful industry.
In the first of a series of profiles of Chinese organisations, International Trade Research Institute (ITRI) outlines what it has to offer the international trader.
Nothing last year, apart from the booming consumer spending could have demonstrated China’s eagerness to wholeheartedly embrace capitalism better than the fledgling stock market. We give the full story on China’s boldest experiment with the market mechanism, which is proving to be both constructive and chaotic.