CEIBS (China Europe International Business School) 2nd Prestige Brands Forum 2010 had a grand opening on March 27. The topic of the peak dialog this time focused on China - "a blessed place" for the world's luxury goods industry. The leader of China's top fashion luxury brand NE.TIGER, on behalf of the Chinese luxury goods industry, had a high-end debate with the top talent, senior scholars and experts of the industry. Mr.

Mainland tourists spent $42 billion overseas last year

China's statistics from 2009 are expected to show its first deficit in tourism, due to a weak global economy and a strong travel incentive at home, a senior researcher said.

China Tourism Academy, the think tank for the country's tourism authority, said that mainland tourists spent some $42 billion in overseas destinations including Hong Kong, Macao and Taiwan last year.

At the same time, overseas tourists spent only $38 billion on the mainland, down by 7 percent year-on-year.

Australia is more deeply entwined with China than ever before.

POLITICALLY, economically, at home and abroad, for better and for worse, 2009 saw the rise and rise of the Chinese state.

It was the year that a competent, formidable, and yet directionless, divided and insecure Communist Party reasserted China's place in the world after a 200-year interregnum, while competing powers stumbled.

The Chinese diaspora — or the bamboo networks as they are called — have always been very powerful groups and intrinsic to China’s growth as
a super-power. These networks — which remain mainly concentrated in Southeast Asia, including Singapore, Malaysia, Thailand and Indonesia — have worked towards attracting foreign investment into China in a big way.

Ms. Zhao, an overseas Chinese, who has lived in Dubai for seven years recently received many inquiries from her relatives and friends in China: How is life in Dubai? Are there any changes in your daily life? Zhao wrote an email at night telling her relatives what she has seen and experienced in Dubai.

Peggy Liu has only been a green crusader for two and a half years, but she has already been named as a Time magazine Hero of the Environment 2008. A go-getting American-born Chinese business woman, in 2007, she stepped out of the business world and started an NGO, JUCCCE, which stands for Joint US-China Collaboration on Clean Energy.

Her organization has a decade-long plan to accelerate China's use of efficient and green energy by providing a high-profile platform between the US and China.

The focus in Sino-African trade, which grew to nearly $107 billion last year, tends to be on the high-profile activities of big Chinese state firms on the resource-rich continent.

But in fact, private enterprises run by Chinese nationals and the Chinese diaspora make up 80% of all Chinese companies in Africa, according to research from Standard Bank Group Ltd., the biggest African lender.

One such company is Touchroad International Holdings Group, a Shanghai-based private conglomerate, which is betting on Africa to drive its growth.

China is enjoying unrelenting economic growth even against the backdrop of the global recession. The business potentials of the country’s dynamic and vast market are being recognized by a growing group of returnee entrepreneurs, according to a report by Z. H. Studio. They, armed with overseas education and global experience, are able to take advantage of what for many foreign managers is still a challenging market, both in terms of business culture and consumer behavior.

MANILA: Overseas Chinese businessmen have a role to play in leading economies out of the current recession, said Singapore's Foreign Minister George Yeo in an address at the 10th World Chinese Entrepreneurs Convention (WCEC) in Manila on Friday.

The first WCEC was organised in 1991 by the Singapore Chinese Chamber of Commerce & Industry to provide a forum for economic cooperation and understanding among overseas Chinese and business communities worldwide.

Beijing-based wiki site Hudong.com has begun to offer its services to overseas Chinese, reports DoNews quoting site CEO Pan Haidong.

Hudong.com has partnered several sites before releasing its overseas service, including Sina's (Nasdaq:SINA) North American channel and other overseas Chinese-language sites, said the report.

Source: jlmpacificepoch.com