Monday, March 31

China

News about China – Chinese politics, people, culture & economy

Sam Ayyash, an entrepreneur like no others
Business, China, Economy, Hospitality

Sam Ayyash, an entrepreneur like no others

From 1989 till the present Mr Samir Ayyash has been an active member of the Jordanian andArabic communities in Australia and in Jordan. Mr Ayyash was a business pioneer in SydneyAustralia as he was the first to establish a successful business in the hospitality field stretchingfor over 30 years. He started Petra Equipment the company that specialises in all Hospitality Solution from sellingequipment’s to the industry to designing shops, restaurants, school canteen and hotel to fabricationand fit out that include consultation to assist newcomers to the industry in starting theirnew businesses. Some of his major projects includes governmental jobs such as AustralianDefences Force that exceeded the $ 2 million budget i.e., Universities and hospitals. Petraequipment total revenue exceeding ...
Top 5 breaking news and events in China in 2017
China

Top 5 breaking news and events in China in 2017

China invests $ 280 billion in science in 2017. This information is provided by NBS - National Bureau of Statistics of the People's Republic of China (PRC) China continues to hold the second place in the world , after the United States , by Investing in Science, Technology and Innovation. At the end of 2017 , It became known that the PRC for the first time outranked the U.S. in terms of the number of supercomputers used in scientific research (genetics , nuclear power engineering ). In total , there are 500 machines in the world, 202 of them are in China. In May of 2017, Chinese scientists created the world's first quantum computer . By its parameters , far superior to standart computers. These occasion created the foundation for the introduction (to  quantum computing . Quantum computers...
Company Review Animoca Brands
Australia, Business, China, Company Listing, Tech

Company Review Animoca Brands

How did the Hongkong-based mobile company Animoca fare in the app download market by the end of the second quarter of 2017? The data for business operations between 1 April 2017 and 30 June 2017 is already out. Statistics reported were then analyzed and tallied to see if performance for the said quarter improved when compared to the first quarter of 2017 and the second quarter of 2016. This also helped the decision-makers in Animoca to identify if data supported any prediction of increased revenue for the third quarter of 2017. Data for the second quarter of 2017 now out. Comparisons in terms of performance between data  found for the second quarter of 2017 and the data found for the second quarter of 2016 will be inevitable as the seasonal changes might be a factor as to the increase ...
Understanding World Economy And World Industry
China, Countries, Politics, United States, World

Understanding World Economy And World Industry

Gross domestic product (GDP) measures the income and output for the economy of a country. The world GDP has been calculated at $65.61 trillion by the CIA World Factbook (2007). Another comparative measurement of wealth is purchasing power parity (PPP). It is the relative values of two currencies. Now, look at the world from the Wests perspective. China occupies Tibet. Any dissent is swiftly dealt with using brutal efficiency. The death sentence is enforced and organs harvested from executed criminals. Many in the West view these practices as, at the least, distasteful. But this is the accepted way in China. It has become a catch-up concept to describe a range of trends and forces leading to openness, integration, and interdependence of economies. In short, LPG process--liberalization, ...
US Plans a Missile Defense Test Against North Korea
China, North Korea, Politics, United States, World

US Plans a Missile Defense Test Against North Korea

North Korea’s nuclear missile has threatened the Pentagon and probed it to plan a missile defence test. The US defence test is going to counter an intercontinental-range designed missile for the first time in its military history. The US plan will take place on Tuesday next week. It is going to simulate the intercontinental ballistic missile by North Korea which was targeted for the US homestead. The latest US interceptor was successful in June 2014, although it has a spotty track record of succeeding in 9 out of a total of 17 attempts since 1999 and has only made it once in the last four attempts. American Missile defence will now solely target North Korea. This has been prompted by Korean declaration that it will soon stage a powerful nuclear-missile, enough to reach the US territory....
Coming challenges could slow the Asian economic juggernaut
Business, China, Countries, World

Coming challenges could slow the Asian economic juggernaut

In last decade, the world has seen China jump towards its aim of becoming one of the most advanced economies. The average GDP (gross domestic product) growth of 10% has removed hundreds of families out of so-called poverty converting China into a powerful economic hub. The speed of its growth in coming times will decide whether it has what it takes to challenge United States for the superpower. Will China run, stall or crawl over the next 10 years? As per many economists, it's difficult to make any prediction for future at this point of time especially for such long prediction period on Asian economy because of the great power of complicated numbers.There have been recent studies on global economic outlook with varying GDP projections of the future. the growth of China will consisten...