The topic of “Made in China”

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Made in China is one of the most recognizable labels in the world today due to China’s rapidly developing large manufacturing industry. The country is the largest exporter in the world and the Made in China label can be seen on a huge range of goods from clothing to electronics.

As an origin label “made in China” affixed to products manufactured in the mainland China, excluding Hong Kong and  Macau where all products made in those regions are labeled as “Made in Hong Kong” and “Made in Macau”. Products made in Taiwan do not use the “Made in China” label. Rather, they usually use “Made in Taiwan”, “Made in ROC” or “Made in Taiwan, ROC”. Continue reading

China, US firms sign bio-fuel deal

China’s biggest egg producer said it will cooperate with a major US meat supplier to establish a bio-fuel company in the United States with a total investment of $1.8 billion.

Beijing DQY Agriculture Technology Co Ltd (DQY) and Virginia-based Smithfield Foods will set up a joint venture co-run by their subsidiaries, Beijing Helee Bio-Energy (HELEE) and Murphy-Brown. Continue reading

China’s Yuan expected to appreciate slowly against USD

China’s currency, the yuan, rose to a record high against the U.S. dollar on Friday, sparking concerns about this year’s outlook for the currency’s appreciation.

The yuan strengthened by 72 basis points Friday to reach an all-time high of 6.2937 against the U.S. dollar, according to the China Foreign Exchange Trading System. Continue reading

Industrial Profit Growth Gets Slower in South China’s Manufacturing Hubs

Rising costs, the renminbi’s appreciation, and weak external demand for China-made goods have dented industrial profits in south China’s manufacturing hubs of Guangdong and Zhejiang, data released Friday showed.

Industrial output in Guangdong surged 20.9 percent year-on-year in 2011, but industrial profits only rose 2.4 percent, sharply down from over 30 percent annual growth in 2010, the local bureau of statistics said in a statement. Continue reading

China Energy Industry

Starting in the 1980s, China has invested hugely into creating a number of large-scale modern coalmines, contributing to the gradual increase of coal output, maintained at more than one billion tons annually since 1989. China now has the ability to design, construct, equip, and administer 10-million-ton opencast coalmines and large and medium-sized mining areas. China’s coal washing and dressing technologies and abilities have constantly improved and coal liquefaction and underground gasification are being introduced. Continue reading

The U.S. Content of “Made in China”

The United States is running a record trade deficit with China. This is no surprise, given the wide array of items in stores labeled “Made in China.” This Economic Letter examines what fraction of U.S. consumer spending goes for Chinese goods and what part of that fraction reflects the actual cost of imports from China. We perform a similar exercise to determine the foreign and domestic content of all U.S. imports. Continue reading

From “Made in China” to “Created in China”

When the 2012 Summer Olympic Games open on July 27 in London, China’s largest down apparel company Bosideng will open its first European store near Oxford Street, the city’s busiest shopping street, presenting a brand widely known in China to Londoners and visitors from across the world.

To house the store, the company spent 20.05 million pounds purchasing an entire building on nearby South Molton Street, making it the company’s most expensive outlet. Continue reading

What do you think that MLK Statue is Made in China?

Have you seen the Martin Luther King Jr. Memorial on the National Mall in Washington, D.C.?

Nearly six months after the MLK Statue opened to the public, there’s still controversy surrounding the fact that the tribute to the great civil rights leader was made in China and, according to critics, doesn’t look all that much like him. Continue reading

US business leader urges closer ties with China

According to China Daily, Thomas Donohue, president and CEO of the US Chamber of Commerce, said that the United States should advance economic ties with China to reduce the adversarial nature of the relationship between the world’s two largest economies.    

“Our country should make a major effort to attract global investors. Foreign investment already supports 5 million direct jobs and millions of indirect jobs. We need to negotiate more bilateral investment treaties … India and China should be high on that list.” Donohue said during his annual State of American Business speech on Thursday.  Continue reading

“Made In China” is not so evil

Most people considered that “Made in China” hits the local industry in many countries, especially American. But a new report from the San Francisco Federal Reserve Board (via Paul Kedrosky) shows that this isn’t actually the case. A full 88.5% of US consumer spending is spent goods and services made in the US, while China gets only 2.7% of American consumer dollars. Moreover, even when you buy Chinese, 55 cents of every dollar goes to services produced in the U.S. Continue reading