"The China Price" were once the three scariest words in U.S. industry. Plentiful Chinese labor kept down costs of a range of goods bought by Americans. However, RMB has appreciated 23% against the US dollar since the Rmb regime changed in 2005. In tandem, wages have been rising rapidly since 2009, heralding the possible end of an era of cheap ...

Many SME owners nowadays have good knowledge in managing risks. For instance, they may have hedging strategy to mitigate exchange and interest rate risks, or may arrange adequate banking facilities to cater for working capital requirements. However, how about other uncertainties that may have significant impact on the business? Imagine the impact ...

The five year plan has been out for a month, the dust has settled and I imagine the local governments are scrambling to make their own plans that fit in with Beijing’s. The Twelfth Five year plan was anticipated to be transformative. In the guidance documents presented to the CPC n October 2010 there was a request for a dramatic social welfare reform to ...