The global economy keeps churning and business owners are looking to manufacture products at what has been dubbed the “China Price,” or the lowest possible price that can be paid to get something made.
Read MoreRed Planet
Location: China
When China Ruled The World
Esquire’s Thomas Barnett explains why he thinks China’s influence on the world stage will be short-lived. Plus, I go to Disney World and live to tell about it.
Read MoreA Citizen of the World
The recent wave of suicides at the Foxconn manufacturing plant in China has served as an eye-opener to what life is like living in a factory culture. Proposed wage increases across Chinese factories have created a dialog in the U.S.
Read MoreChina’s Exports Rise 46% (The New York Times)
China announced Wednesday that its exports climbed 46 percent in February from a year earlier. Economists said the data signaled a rebound in consumer demand from the United States and other Western markets after the financial crisis last year.
Read MoreCPSC Chairman’s Statement on Cadmium in Children’s Products
The U.S. Consumer Product Safety Commission (CPSC) is moving swiftly to deal with the replacement of lead with cadmium in certain children’s products imported from China.
Read MorePrime Line Receives QCA Certification
Prime Line, Bridgeport, Conn., announced it has received full certification by the Chicago-based Quality Certification Alliance (QCA). To achieve this certification, Prime Line had to successfully pass a detailed review of its product safety, quality, social and environmental practices, including a comprehensive review of its procedures, a four-day audit of its headquarters in Bridgeport, Conn., and audits of several of its factories in China.
Read MorePGI to Establish Center of Excellence for Research in Nonwovens
Polymer Group Inc., Charlotte, N.C., announced it will establish a research “Center of Excellence” (COE) to develop new nonwoven technology platforms yielding differentiated, higher-performing materials for the global health care, hygiene and industrial markets.
Read MoreChina Sourcing Fairs Booth Sales Up More Than 70 Percent
Global Sources, Shanghai, announced its China Sourcing Fairs, held in Shanghai from Jan. 13 to 15, 2010, will feature more than 800 booths–an increase of over 70 percent from previous events. In addition, more than 20,000 buyers have preregistered to attend.
Read MoreChinese Decision on Rates Seen as Turning Point (New York Times)
China’s central bank raised a key interest rate slightly Thursday for the first time in nearly five months, in what economists interpreted as the beginning of a broader move to tighten monetary policy and forestall inflation.
Read MoreChinese Output Hits Record as Asian Production Rises (Reuters)
Factories in Asia stepped up production in December, with China’s output growing at its fastest pace on record, a private purchasing managers’ index showed Monday. The index suggests that economic activity is gathering pace in the region that is leading the global recovery.
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