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  • File photo of a worker walking past a pile of steel pipe products at the yard of Youfa steel pipe plant in Tangshan in China's Hebei Province~ By Charmaine Mirza Bao Steel, China’s largest producer recently raised its steel prices for the first time in two years. Nike Air Max 2014 Dame The behemoth was leading the way for several Chinese steel factories who have subsequently raised prices due to a massive injection of funds into the domestic market which has spurred interim growth. Given that a massive over supply and softened demand in the domestic economy is generally the precursor to a crisis. Air Max 2015 Heren Goedkoop The sudden boom in global steel prices since mid-March has left several pundits scratching their heads, most of who feel it won’t last long.cheap bns goldbuy bns gold Steel being a tenacious topic between China and India, Inchin Closer pauses to check the ductility of the steel industry’s Asian backbone and its butterfly effect on the global economy. Read more

  • Small-SUV4China’s leading carmaker SAIC Motor Corp and Great Wall Motor are eager to plot profit from India, one of the last frontiers in growth close to home. Nike FS Lite Run Goedkoop With rising fuel consumption, a government that is keen to build better roads and a growing population, Chinese auto makers although late entrants, are currently waiting for permissions to clear to gain access to India. Nike Air Max 2017 Heren Goedkoop SAIC in particular is evaluating what models to launch in India and is considering vehicles less than 4 meters in length because of favorable policies — sub-compact cars attract lower taxes. Nike Air Max Lunar 90 Dame While India isn’t new territory for SAIC Motor Corp and Great Wall Motor – both have been trying to break into the Indian market since 2012, a slowdown in the Chinese market and successive successes by other Chinese companies in India has given them new wind behind their wings. Nike Air Max 90 JCRD Heren Analysts believe that Gujarat, the home to General Motor’s factory will be the new base for the Chinese auto giants. The speculation is further fueled by the fact that 50 percent of GM India is owned by SAIC Motor Corp in a deal that was signed in 2009 when the Chinese government bailed GM out of a financial disaster. Nike AIR Max 2017 Dames Both companies are crunching numbers on India’s SUV industry specifically as the segment is expected to grow exponentially. As a percentage of total sales, SUV’s have grown to more than 30 percent of the total luxury vehicles sold in India. Companies say in a diverse market like India, which has one of the most challenging road conditions, these all-wheel-driven SUVs become the first choice for the rich because they offer both functionality and comfort. Nike Free 5.0 V4 Goedkoop Read more

  • India_Budget_2016India’s union Budget 2016-17 wasn’t centered around Chinese investments which are flocking into the nation and looking for a quick return on investments, but was rather focused around long term players. With India’s rural economy occupying centerstage, New Delhi’s aim is to spend on rural India, create jobs and boost the agrarian economy which in turn will reap rich dividends in the years to come. The belief that rural India will run India’s economy is a pluralist concept which bodes well for all governments catering to the vote bank, however it does little to spur the growth of an economy in the near term. Nike Free 3.0 V2 Goedkoop Chinese investors and companies on the other hand are more interested in the new India, one that sizzles on software and is tethered to technology for which India’s union budget gave little leeway. Nike Air Presto Schoenen Goedkoop Read more

  • kfcYum Brands is undergoing a strategic shift in China, signaling towards changing market trends and slowing revenue. The brand under which KFC, Pizza Hut and Taco Bell operate decided to spin off its China business into a separate entity last year. Nike FS Lite Run Goedkoop As part of the realignment, CEO China of Yum Brands Inc Muktesh Pant sold 91,228 shares of Yum on the 22nd of July, for US$8.2 million. The Indian born CEO, of Yum China led the China entity to be the company’s highest profit earner. At the end of February 2016, Yum had over 5,000 KFC restaurants in China, accounting for a quarter of KFC restaurants worldwide. It also held more than 1600 Pizza Huts, in more than 400 cities and had acquired Little Sheep hot pot due to burgeoging demand in the Fast food space. However, as tastes changed – being healthy came back into vogue and the the brands faced backlash due to their involvement in International uprisings, the Yum brand faced sever criticism in local media resulting in a fall in revenue. Although China remains the company’s primary source of profit the company’s revenues fell from US$ 6.898 billion in 2012 to US$ 6.909 billion in 2015. Nike Air Max 95-360 Heren The latest performance report shows that in the first half of 2016, Yum clocked revenues of US$ 5.627 billion, down 1.75 percent.cheap bns goldbuy bns gold Read more

  • ma-modiWith most of the money pouring into start-ups across China and India drying up, investors are getting a lot more sharp edged and nickel nosed about where they put their money. asics tiger pas cher China’s slowing economy earlier pushed several investors to India to reap rich dividends from her large population. However Chinese companies now too are second guessing putting their money into India and are rather cooling their heels even as the summer approaches. chaussures asics homme pas cher Several Chinese companies including Qufenqi, a student loan company owned by Alibaba which was looking at buying into an Indian student loan firm have back tracked and are no longer interested in the Indian market as of now. nike pas chers The only beacon on the horizon seems to be Jack Ma’s Alibaba who are keen to enter India’s burgeoning e-commerce market. India is roughly estimated to be 5 years behind that of China when it comes to the adoption and implementation of new technology. This gives Alibaba a huge head start in implementing strategy for a market similar in size and value to China, and also a great advantage in knowing where the market is headed. Read more

  • NSG ~ By Charmaine Mirza The Asian hotpot is simmering again. India’s bid to join the Nuclear Suppliers Group (NSG) has put Sino-Indian geopolitics back in focus – this time with the added masala of India’s arch nemesis and China’s ally: Pakistan. The Nuclear Suppliers Group is a group of nuclear supplier countries, which aim to stave off nuclear proliferation by monitoring exports of raw materials, equipment and technology that can be deployed to create nuclear weapons. China is spearheading strong resistance from a handful of member countries to India’s NSG bid. air max Beijing’s official party line is that India has not signed the Non Proliferation Treaty (NPT), which is a vital criterion for membership to the NSG. The not-so-subtle subtext is that Pakistan has also retaliated to India’s NSG bid with one of its own – and China is the key instigator behind Pakistan’s nuclear program. nike air max 2017 dames In an ironic twist of fate, India will have to bear the brunt of Pakistan’s poor track record. If Pakistan doesn’t get in, India’s not getting China’s vote. kopen nike air max 2017 If Pakistan has built its nuclear resources from the ground up, it is largely due to the fact that China has supported it consistently, in gross violation of its own commitment to the NSG. Given Pakistan’s dubious track record of harbouring terrorists (it hasn’t signed the NPT either) and the fact that the father of its nuclear program sold nuclear technology and secrets to Iran and North Korea, red flags are waving madly across the globe about its acceptance into the NSG. Read more

  • 153917_600Two complementary, interesting trends are emerging from the warmer understanding between China and India and both nations fierce desire to constantly grow.

    Firstly, Chinese investors are eagerly watching the Indian market, coming to investigate investments and often pouring millions into Indian start ups as the Indian economy starts to trot at a slightly faster clip than the Chinese economy.

    The second interesting, emerging trend is that with the Chinese economy far ahead that of India, many entrepreneurs, venture capitalists and private equity players are visiting small to mid sized firms and start up conferences to understand and predict where the Indian market will be five to ten years from now.

    The mix of these two trends, is seeing a higher and more sophisticated level of transactions between the sweet and sour neighbours. While all of this is government agnostic, it is building stronger relationships between the two nations and filling a need gap in both economies. The Chinese have a new, energetic market to invest in and Indian start ups have an orb to see the future.

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  • gst-mainIn a landmark amendment to the Indian tax regime, India’s upper house or the Rajya Sabha passed the Goods and Services Tax bill which streamlines and simplifies taxes for the entire country. In effect, the GST brings India, a US$2 trillion (£1.5tn) economy with 1.3 billion consumers, into a truly single market. “No country of comparable size and complexity has attempted a tax reform of this scale,” Harishankar Subramanian, of Ernst and Young told the BBC. The GST bill which had been pending in parliament for a few years, finally got passed allowing companies to regulate their taxes between India’s 29 states better. The new bill will upgrade India’s tax system on par with 21st Century companies needs, enabling Asia’s third largest economy a strong tax regime going forward. It will therefore ensure businesses can expand nationwide. Freight trucks will now be able to move quickly across India, rather than spending hours idling at multiple checkpoints filling in forms and making tax payments when they travel between states. Additionally, the overall tax rate is expected to come down, from its current rates. News reports peg the GST rate at between 15 percent and 18 percent. “If you add all the taxes together, today this is almost 27-32 percent… With GST coming in say at 18-19 percent zone… that is still a difference of 8 percent to 10 percent. Large part of that will eventually get passed on to the customer,” Ashish Goel, co-founder and CEO of online furniture retailer Urban Ladder, told NDTV Profit. bns gold Read more

  • china-one-child Two weeks before China celebrates her singles day on 11/11, Beijing announced that she was going to abolish the one child policy altogether. Enforced in 1979 to curb China’s growing population and ensure a good standard of living for a nation aspiring to excel, the one child policy brought in sweeping changes for Beijing.

    However 68 years later, having reduced China’s population by almost 400 million child births (the estimated prevented births if the policy wasn’t in place), President Xi Jinping and his team decided to abolish the rule in order to boost the working age population for the next generation. The fear that China would get old before she gets rich held true and Beijing was finding it hard to pay retirement bills with a falling number of workers.

    The country’s working age population fell 3.71 million in 2014. The United Nations projects that China will lose 67 million workers from 2010 to 2030. At the same time, China’s elderly population is expected to soar from 110 million in 2010 to 210 million in 2030, and by 2050 will account for a quarter of the population, according to the U.N. China’s population, the world’s largest, rose to 1.34 billion in 2010, according to census data.

    Additionally, social unrest was growing with a large number of unmarried men and women who had to work doubly hard to support extended families admist growing consumption levels.

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  • links-with-africaIn a bid to catch up with China in Africa, India is hosting the third India-Africa Trade summit in New Delhi between 26 – 29th October. The trade summit will seek to increase Indian investments into Africa, a feat China has been pursuing since the early 2000’s. New Delhi however woke up to the continent only after the 2008 financial crisis when she realigned strategies to diversify trade beyond the US and Europe. Since then, two-way annual trade has more than doubled to US$72 billion

    Meanwhile, China has become by far Africa’s biggest trading partner, exchanging about US$184 billion-worth of goods a year, a growth of nearly 20 times trade since 2000 and almost three times the value of India’s trade in the region.

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