Showing posts with label Latest Economic News. Show all posts
Showing posts with label Latest Economic News. Show all posts

Saturday, April 29, 2017

Latest Economic News

Latest Economic News


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Friday, September 25, 2015

what is special about the Chinese nation?

"Let China sleep. Therefore, if China wakes, she will shake the world."
--- Napoleon Bonaparte ---

Actually, what is special about the Chinese nation ?. Chinese nation is a nation that has a high flexibility, dynamic, easy and willing to change and capable (fast) to adapt to any environment they live. Have we ever realized at the foot of the city where we stand, in a country where we are, I am sure there is his Chinese nation, and where they live, where they occupy the position of a strong position in the environment. In fact, almost all strategic places, especially those closely related to the business, they already have. Very different from the indigenous natives around where I live, they prefer "nggolek implant" (look for his change). Strategic sell the land at a high price and then bought the place located in the interior of the less strategic with low price and expect the rest of the money returns from the sale of strategic land earlier. And what about the nation's china? they take advantage of opportunities like this. They are sure to have a strategic place, open any business would sell, no other many times so today.

If the terms of the marketing of goods, I say they are the "king". Ever we realize almost all shops have been filled with goods made in China
(Made In China). Goods with a label made in china seems to have mastered the market in all regions of the world. Label goods made in china famous is probably cheap and of low quality, and many people think "trashy china goods" or "ah, ... made in china", but in fact the consumer demand for goods made in china label remains high. Even if we go into the market directly, to look for items such as nike, adidas, puma EXR, and so it could be found are goods made in china, not least also electronics (Sony, JVC, Samsung, Canon), through its unique I often find yourselves there in the land of the label made in china, for example Samsung, LG, Toshiba which is a product of Korean products and sold in Korea, was also made in China were found in Korean state itself. Even for Pekalongan batik also compete with batik prints made in china. However, for food foods such as cakes bakwan, gethok, sego cats have not been labeled made in china, but not impossible.

Regarding marketing, china nation understand correctly the lower middle class is more dominant than the upper middle. The lower middle class before buying an item, which at first look is the amount of funds available, the new adjusted to the desired item. From here they will concentrate goods at low prices which would barely fit quality, and to exclude less savory assumption assumption that according to them only as a spice business.

In running the economy, china nation does not abandon economic culture established and already hold thousands and thousands of years and even centuries years ago. They hold tight kinship, friendship so it is not surprising that happened in the business of this nation is a great fellowship or the term trade partnership. Maybe we've seen in the TV footage, in ancient china culture to create a bond of friendship, they shed some of their blood in a bowl and then mix it with a drink later in drinking by those who are bound in the friendly relations. In this day and age there is little difference, as I once did with my friend companions china nation. We drank a glass of liquor in conjunction with our mouths pressed on the rim of the glass. Of course not all drinks fit into our mouths, even half spilled and soaked us, but the meaning of spilled drinks yamg a risk that friendship should bear together in a bond of friendship.

China nation is a nation that likes to go abroad, many of those who started the success of wander. They like challenges, difficulties and obstacles. The strength and the rope that binds them is a rope of cooperation and solidarity among nations china business entrepreneurs. Their nation also known as the land of bamboo trees, which means strong family harmony. They will help each other if a relative or friend in trouble and do it to the bottom of the problem. They like to form simbiosisi mutualism, but for businesses other businesses do not expect, they are "bloodthirsty".

Lately I read Tempo, Stephen roach as director Margon Stanley Asia predict China will face an economic slowdown in the middle of next year because of the economic growth model state that in value is not solid, "model of economic growth in China more on offer than demand, this is not a model that sturdy for any State "However I think personally, which must happen if the economic slowdown in the middle of next year, and even then only be an instant and easily overcome by china itself by reflecting on the experience that has been. It is also possible that in the predicted Stephen Roach was based on observations of the economy, not by further research are handled directly in the location field. As in the last global crisis, China could easily cope with its economic growth even when it still grew 7%. Economic growth in China since the reform average above 10% make China the third largest economy after the United States and Japan with a gross domestic product of around 4.3 trillion dollars.

The statement "Mastering China World" increasingly assertive when I read the synopsis of the book "Secrets of Successful Chinese economy" is written James Kynge. Please register here in a few important points that showed China began to shift and the United States dominate the world economy. Point The point of these are:

[1] China raised its military budget, estimated at least 6 times more than the budget of 1991 - 2004. [2] China has shifted the United States as the second largest exporter, and in the predicted in 2010 would reclaim first place from Germany. [3] In 2006, China had a surplus of bank deposits in the world, nearly $ 180 billion. [4] 57% of companies in the Asia Pacific region believe that the 10 epidemic again, China will become the largest consumer market in the world to shift the United States. [5] China's foreign exchange reserves are the largest in the world, mencapa $ 1 trillion more. [6] In 2006, China is the second largest economy after the United States, and the estimate in 2050 will be the No. 1 in the world.

I myself before set foot in the land of the Chinese nation, often curious about the existence of a postulate of Islam that the content is "Seek knowledge even though China's place in the country". I wondered why should China, but not others. Apparently after seeing the eyes directly, which happens really unexpected and amazing, a lot of things that escaped the attention of the world. Until I myself strongly support the term "if you want to learn economics then learn from their Chinese nation". There are a few things that I still remember to this day that has been conveyed my friend Lin Shyh Tzong.


[1] Never be afraid to dream, have we realized that what we have done today, most of which are part of our dreams ago. You should be able to distinguish between their future goals with a dream. [2] The journey of life, most of the problem and the problem is in the economic field, then you should be able to anticipate. Do not get hung up on one income, at least 2 livelihood. Because if which one having problems, we can still hold on to the other, and vice versa. And basic income should not be greater than the revenue side, on the side where the income exceeds the principal, then do not forget the basic income. [3] The fate determined after we make an effort, not before. You should be able to distinguish between destiny with fate.
Actually there are many things that have been conveyed friend of a friend and still much remains to be learned from the Chinese is, only if the describe on paper then one any book is not enough to write their privilege privilege of the Chinese nation. And I am personally very grateful to them, they have taught a lot of things that really are invaluable to me. I myself understand and know the world of capital markets any of them, even idly idly pursue multi level marketing was also the suggestion of them, and I still want more learn more from them.