Breaking Waves
- I guess you want to be careful about currency reforms. North Korea executed a party official this week for screwing up a reform of whatever passes for currency in the country. Could this be why Beijing is so resistant to change?
- Faced by Asian competition and shifts in fashion, Swiss watch makers have redesigned and repositioned their products – and their exports are beginning to boom despite the recession. Some good lessons here for all exporters. I know I love my Swiss watch: slender, light with the clearest clock face I have ever seen.
- Have you noticed that, whenever China gets bad publicity about its products (e.g., dairy products laced with melamine, or improperly handled vaccines), they start criticizing other countries’ goods? The latest is an attack on the quality of luxury products supplied by Hermès, Hugo Boss, Versace, Dolce & Gabbana and Tommy Hilfiger, among others. Aside from the fact that I never feared for my life (only my fashion sense) due to a Hilfiger shirt, doesn’t this criticism come from the world’s top producer of counterfeit luxury products?
- Ah, mercantilism. Such a lovely word. I was amused to see Germany’s reaction to French charges against Germany’s trade surplus. They say that criticism by the French is a compliment.
- It’s nice to see your stuff get picked up elsewhere. Thursday’s post about Hawaii tourism (Selling Hawaii – or Not) was picked up by ETurbo News and I have been getting good feedback.
- Amid all the dour news about U.S.-China relations, the two countries reached agreement Thursday to re-open the Chinese market to U.S. pork exports. China had used swine flu as an excuse to close its pork market in 2009, shutting down $275 million in U.S. sales. It’s back on for now.
- Anybody interested in selling renewable energy equipment in China needs to look at the report issued by the National Foreign Trade Council last Monday: China’s Promotion of the Renewable Electric Power Equipment Industry: Hydro, Wind, Solar and Biomass.
This entry was posted
on Saturday, March 20th, 2010 at 7:15 am and is filed under Business Opportunities, China, Exporting, Finance & Investment, France, Germany, Hawaii, Tourism.
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