This piece of news surprised me: Dell computers are now sold at 3,000 stores in China.
I don’t think that is going to make a huge impact on Dell’s bottom line, but I am surprised at the number of storescarrying Dell computers.
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From the monthly archives:
July 2008
China Railroad is the largest railroad constructioncompany in China. It just landed two contracts worth $1.2billion.
One contract to upgrade the railroad between Beijing and Kowloon and the other is to build a highway in Ethiopia.
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ChinaBAK Battery reported its Q2 results last night and they were much better than thefew analysts that follow it were expecting.
==> CBAK reported a $0.04 per shareloss for the quarter, but that was 3 cents better than the $0.07 loss Wall Street was expecting. Don’t let that lossbother you either because Q2 is the [...]
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Since taking 1 million cars off the road on July 20, Beijing’s air pollution has been cut by20%.
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If you live near the Pacific Ocean, you’ve probably seen hundreds of China COSCO’s ships in harbors.
China COSCO fell by 6.3% on Monday and another 5% lastnight because Goldman Sachs downgradedChina’s largest shipping firm to ’sell’ from ‘neutral’because of rising oil prices and a weak U.S. economy.
The U.S. economy is weak but not enough to [...]
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China’s largest cable TV network, China Cablecom, will start trading on the Nasdaq on July 30 under the ticker symbol CABL.
I don’t have a lot of enthusiasm for China Cablecombecause the quality of Chinese TV programming is so bad that Chinese don’t watch much TV. Why is the quality so bad?Because the Communist Party overseas, [...]
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Proctor & Gamble does a lot of business in Asia, but that doesn’t make it immune from inflation.
Because of rising commodity prices, P&G is raising the price of its products inChina is going up. The price of Pampers diapers, forexample, is going up by 10%.
China isn’t the only country facing rising P&Gprices either. Proctor & [...]
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Chinese internet portal company Sohu.com reported better-than-expected Q2 results, upped its Q3 forecast, and announced plans to spin off its online gaming unit, Changyou.com.
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Have you heard of the National Expressway Network Plan?
The Chinese government has committed to building a crisscross network of 52,000 miles of freeways connectingall the provincial capitals and major cities over the ext 30 years.
This, of course, has huge investment implications on everything from cement to earth movers.
There is a long list of Chinese cement [...]
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According to the China Internet Network InformationCenter, there are now 253million Chinese surfing the internet. To put that into perspective, that is 30 million more than in the U.S.
The number that really matters is that China’s internetpenetration rate of 17% (compared to 71% in the U.S.) means that there is tons of opportunity left for [...]
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