Weekly Roundup: 480 of Fortune 500 in China, Guangdong Wages Going Up, 120k Foreigners in China, and Everything is Made in China

Monday, May 12, 2008 11:17
Posted in category The Big Picture
Comments Off on Weekly Roundup: 480 of Fortune 500 in China, Guangdong Wages Going Up, 120k Foreigners in China, and Everything is Made in China

With so much going on in China, and only a limited amount of bandwidth, I have created this weekly post to highlight articles that I feel are (1) important, (2) relevant, and (3) interesting.

This week there are 3 articles + 1 youtube that I have chosen to highlight as each are quite interesting, they are all relevant, and there are issues within each that I think you the reader should be aware of.

If you have an article that you feel needs to be mentioned, please do so in the comments section. We all have different areas of interest and bandwidth, so I hope you will take some time and post those articles!

Most of world’s top companies invest in China
A very brief article in the China Daily provided a quick snap shop of just how successful China has been at attracting a large number of companies to invest here. Where I was left with a question though was …who are the 20 that are not in China?

Guangdong wants wages to raise 12%
We have heard a lot recently about the rising costs of China, and that fact that so many companies in the Guangdong Region have had to close because of these rising costs, but according to China Herald we may see further cost increases in this area. Looks like they have realized that to attract labor back they need to pay more. Such a novel concept.

Foreigner influx doubles in five years
With all the brew ha ha over visas (I alone put 9 posts up), this article proved to be timely as it reported that nearly 120,000 foreigners lived in Shanghai… up from 61k in 2002.

Youtube: Made in China

A funny clip on Youtube that I debated holding onto until Christmas but couldn’t hold onto.

[youtube width=”425″ height=”335″]http://youtube.com/watch?v=HNH02YM2xFM[/youtube]

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