China’s Dominance in Manufacturing Poses Issues for Developing Countries

Published on Author whelihans15

China has transformed itself and the world economy with their export-centric strategy, the country has increased their 3% share of global manufacturing output by value to almost 25%. Currently producing 80% of the world’s air-conditioners, 70% of our mobile phones and 60% of shoes, China’s rapidly expanding export monopoly has forged supply chains reaching deep… Continue reading China’s Dominance in Manufacturing Poses Issues for Developing Countries

China’s Cautious Monetary Easing

Published on Author whelihans15

China’s second interest rate cut in three months raised suspicions that the government might be trying to devalue the yuan to unfairly boost exports, a valid concern considering Beijing’s history of exchange-rate manipulation, or resistance of upward market pressure on currency to maximize exports. In this case, Chinese leaders are appropriately responding to deflationary pressures… Continue reading China’s Cautious Monetary Easing

China Becomes the World’s Third Largest Arms Exporter

Published on Author whelihans15

According to the Stockholm International Peace Institute (SIPRI), China overtook Germany, France, and the UK in exporting weapons between 2010 and 2014. The world’s second largest economy now accounts for about 5% of the world’s exports of arms, more than two third of which are attributed to Pakistan, Bangladesh, and Myanmar. The SIPRI study also found… Continue reading China Becomes the World’s Third Largest Arms Exporter

China’s Economy Slips from Expansion into Contraction in March

Published on Author whelihans15

The HSBC purchasing managers’ index was 49.6 in March, down from 50.7 in February, marking a transition from commercial activity to contraction in China. Compared to the country’s official figures from the National Bureau of Statistics, the slide between February and March was only from 50.1 to 49.9, but still places the world’s second largest economy… Continue reading China’s Economy Slips from Expansion into Contraction in March

China’s Huawei Technologies Reports Impressive Profits

Published on Author whelihans15

Boosted by global adaptation of fourth-generation (4G) mobile technology, China’s Huawei Technologies Ltd., the worlds #2 telecommunications equipment maker, reported a 33% rise in net profits for 2014. Global revenue, up 21% from a year ago to 288.2 billion yuan ($46.2 billion) this past fiscal year, is expected to jump another 20% this year, according… Continue reading China’s Huawei Technologies Reports Impressive Profits

Toyota to Open Three New Plants in China and Mexico after 3 Year Manufacturing Freeze

Published on Author whelihans15

Japanese motor company, Toyota, is ending a three year manufacturing freeze put in place after uninhibited growth left many of their production lines idle. The firm will spend about $1.3 billion to build two new car plants in Mexico and one in China, raising their total annual production capacity by around 300,000 cars, 100,000 per… Continue reading Toyota to Open Three New Plants in China and Mexico after 3 Year Manufacturing Freeze

Concerns Regarding Increasing Chinese Investment in Europe

Published on Author whelihans15

Chinese investors have made unprecedented forays into Europe in recent years, their targets becoming increasingly high-profile. Attracted by European companies’ technology and name recognition, relative low cost, and openness to Chinese investment–perceived as more benign than Russian investors. Recently, they have shown interest in an 18-building compound in Berlin and Italian tire-maker Pirelli. Their interest in the… Continue reading Concerns Regarding Increasing Chinese Investment in Europe

Xiaomi to make Foray into American and Brazilian Markets

Published on Author whelihans15

China’s largest and fastest growing smartphone company, Xiaomi, will start selling smaller electronics accessories to test the waters in the U.S. within the next months, a potential challenger to Apple’s significant market share.  Valued at $45 billion in December, the company became China’s fastest-selling mobile brand through direct online sales thanks to their low cost and heavy reliance… Continue reading Xiaomi to make Foray into American and Brazilian Markets

China Begins Public Shaming Individuals for Unpaid Court Fines

Published on Author whelihans15

The Xiaoxiang Morning Post reports the strategy is directed at individuals who have not paid court ordered compensation in the city of Changsta, in southern Hunan province. An enormous screen affixed to the outside of a major train station scrolls through the photos of those in arrears along with their names, identity card numbers, and the amount they owe.… Continue reading China Begins Public Shaming Individuals for Unpaid Court Fines