Archive for February, 2009
China Logistics News Wrapup: February 11, 2009
Wednesday, February 11, 2009 9:49 No CommentsRead the news after the break, but first a congratulations to good friend Mark Millar who jsut will lead Rasmussen & Simonsen International’s China expansion . I’ve known Mark since landing in Shanghai 5 1/2 years ago, and he will no doubt be a great asset to his new firm. ADB has put out a [...]
Consumer Confidence In China Declines for Fifth Straight Month
Tuesday, February 10, 2009 21:20 No CommentsWhile many may believe that the key to pulling out of the current crisis we find ourselves in is China’s 1.3 billion consumers, the Shanghai Daily is reporting that Consumer mood declines again: The sentiment index settled at 87.3 last month, down from 90.2 in November and 92.4 in October For those of us in [...]
China’s Logistics Zones
Tuesday, February 10, 2009 0:33 No CommentsEarlier this week while meeting with a friend about their expansion throughout China, and their need to find a logistics provider who could support them, it was clear that many of the same issue I was working with 5 years ago are still found in many ways. At the very basic level, it is important [...]
Economists Anxious for China’s Economic Bounce
Saturday, February 7, 2009 2:05 No CommentsWhile nearly every news source, except perhaps the Onion, is filled with new of economic doom and gloom, this week seemed to be the week were China’s major economists all predicted “the bounce”.. or at least made an attempt to should that the November – January data provided some reason for hope. In the words [...]
China Construction Materials Chart
Saturday, February 7, 2009 0:59 No CommentsWhile putting the wood furniture posts together, I came across this chart on the Construction materials market that I thought would be interesting. I apologize as it is a few years old now, but 2006 and 2007 were a continuation of the moves from 2003 to 2005. high growth, lots of exports. The people we [...]
Valuable Lessons in Understanding, Planning for, and Mitigating Risk in China
Thursday, February 5, 2009 18:51 No CommentsEarlier this week, old friend Dane Chamorro (General Manager of Control Risks Asia) sat down to discuss how business risks are changing/ increasing in China as the ripples of the economic crisis come ashore. One of the most important issues he addresses is how employees can be impacted by the economic downturn, and how they [...]
Intel Shuts Shanghai Plant, Electrolux Shuts Changsha Plant, and McDonald’s Drops Prices
Thursday, February 5, 2009 9:04 No CommentsThree big announcements and 2 juicy rumors today highlight the fact that the scale of the global downturn is growing. Fast. Big Announcements: 1) Intel shuts Shanghai factory and lays off 2,000 to move inland 2) Electrolux closes refrigerator factory in Changsha as part of a wider move to move from low end products to [...]
Imported Chinese Honey. Haven’t We Learned Anything?
Thursday, February 5, 2009 0:39 2 CommentsThe summer and fall of 2007 should have been a wake up call for anyone and everyone whose supply chain involved China. The risks of doing business outside of one’s four walls smacked importing firms across the face as their products failed. Lead paint barbie, tainted dog food, and others. It was a time when [...]




