After Apple and Nokia, it is time for our very own Google to pay for the sins committed. In November, Google scanned 18000 Chinese books to please its insatiable customers. One thing which they missed was, paying attention to the suppliers. The 570 writers of those works expressed dissatisfaction against google’s act. And now the mighty Chinese government is on the verge of taking action against the mighty Google. The patent war has just begun!
Rogues
China, a communist country, started its economic turnaround with the concept of small organizations like Town and Village enterprises in the 70s. Many reports say that their infrastructure was the key to their miraculous growth. However, if we compare the infrastructure levels of India with that of China in early 80s, we find that the length of roads, expressways and railway tracks were all higher in India than China. During this period, China had only one resource called human resource or HR.
In the business cycle, all developed economies of the world have started with small innovations, developments and small organizations. Which grew by leaps and bounds with continuous improvement in process and technology. In the 90s, a general perception creeped in to the minds of people that Big is better and thus every country and » Read more: Small is Big!
The most talked about country took the most unexpected turn against its best brand called Shanghai. Why?
Mega plans fueled with high growth and investments gave birth to high levels of kickbacks, commissions and arbitrage in the 90s. The average per capita income in China increased more than 11 times in a period of 30 years.
Every small rule by the party was followed by a plethora of unrest among the peasants, thanks to the Kleptocracy of the party members at all levels. In the late 90s the Chinese » Read more: Dreams of “The Shanghai Gang”
The world economic scenario was in a turmoil for the last two years. U.S., U.K. and other developed countries like Japan were struggling to find the root cause. There is a wise saying, whenever something goes wrong look at the basics. What are the basics of economic prosperity? It is not a rocket science to divide the economic engines into Agriculture, Industrial and Services sector. Everything else come under these three pillars of economy. Finding the right balance is long term and playing with anyone is short term. It is evident that finding the right balance always takes more time than disturbing the right balance. A little push or pull in any one of the » Read more: Rising Nations and their growth drivers
The population in cities are poised to grow more than the villages in the coming decades.Why? To answer this question we need to understand what is a city? A city is a populous confined place which has some sustainable competitive advantages over places not called cities. Take example of any big city in the world and you will find the reason for its existence.
e.g. New York City: It is one of the most populous cities of US. Its location on a large natural harbor has given it a unique advantage. Its mix of population which supports more than 25 of the fortune 500 companies of the world. More than 50% of New Yorkers travel to work using its mass transport system, » Read more: Urbanization of the world
China is expanding the capacity of its Central business district by double in the heart of Beijing. What makes China different? When should a country be considered a responsible country?
Let us take a fictional country named Demo which is democratic and another country called Com which practices communism. Now, Demo is highly populated with highly over utilized infrastructure. Natives of the country cry over the bad infrastructure and the government is tired of convincing people for relocation. » Read more: Modern China!
The airline industry of the two largest developing nations of the world are high on artificial wings. When the world is experiencing the aftermath of the global financial meltdown, China seems to rake in moolah from the airline industry. China has more than 1200 aircraft owned by the airlines and is expected to cross the 1500 mark by 2010. The airline industry in India is expanding steadily but the strategies adopted by the airlines and the government are hitting their bottom line. However, the Chinese airlines supported by the government has ensured more than $ 1 billion in profits for the first nine months of 2009-10. » Read more: Artificial Wings: Exploring the developing nations
How do you differentiate a common product from your favorite product? What is that makes your buying decision easier?
These questions were answered as early as 1300 B.C. Artisans used to put a mark on their products which made it different from others. In return the customers found it a reliable method to evaluate the products and thus giving birth to the concept of brand loyalty. This branding was passed on to many ancient products like watermarks on paper, bread marks and other crafted goods. Branding of products instilled a sense of security among the buyers and lead to flourishing of the best producer.
Let us conceptualize it: » Read more: Taxonomy in life: Branding of Everything!
shift of power
While the world is struggling to recover from the devastating financial crisis, China seems to be full of events. Japan’s news revolve around the flat interest rates, in U.S. the fiscal deficit is still hot and in rest of the world the news revolve around investments. China’s news agencies on the contrary are busy publishing on the royal celebrations for completion of 60 years, boom in retail markets and China’s contribution to other third world countries. This Fatherly behavior of China makes the developed countries feel like a child. McKinsey & Company, in a recent report has predicted that China’s domestic spending will reach 12 trillion Yuan by 2015!
The integrated commercial and traffic complex for World Expo at Shanghai is being decorated in full swing. It is also planning to spend half a trillion Yuan in developing the country’s western region. » Read more: How different is Chinese economy?
China has attracted $853 billion FDI in last 30 years, which is the highest among the emerging nations. China’s manufacturing industry ranks 4th in the world. More than 50% of china’s fiscal revenues come from this sector. Most of the PCs and Laptops manufactured in the world are from China.
what is manufacturing?
It is value addition to the various raw materials like ores, chemicals, wood etc. Mechanical and chemical operaions like segregation, reaction and size reduction are some of the important operaitions which add value to raw materials. » Read more: Series 3: Where is China heading?
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