Inside the World's Largest Wholesale Markets - in Yiwu China
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I took a tour around the Yiwu Industrial Trade City - the largest wholesale market in the world. People come here from every country to buy goods to export. 5.5 million square meters, 7km long, this market is beyond giant. And it's all one interconnected building. I explored it for a day with Collin Abroadcast, a fellow market fanatic. From Christmas decorations to children's toys to hardware and tools, we found a bunch of stuff that blew our minds.
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Brainstorm Tech 2018: China's Big E-Commerce Bet I Fortune
Anyone can put a product on a shelf. Not everyone can offer people a soup-to-nuts solution to sell their wares. The founder of China’s biggest retailer shares his thoughts about logistics, markets, and the rise of “retail as a service.”
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Canton Fair 2017 - 5 Tips for Navigating China's Largest Trade Show
Visiting Phase 1 of the April 2017 Canton Fair, the largest trade show in China. A fantastic place to see a huge variety in the latest and hottest products, meet suppliers face to face and build connections and source products for your Amazon private label business.
Lenny visited the fair for 2 days and shares the top tips from his experience!
How China is changing the future of shopping | Angela Wang
China is a huge laboratory of innovation, says retail expert Angela Wang, and in this lab, everything takes place on people's phones. Five hundred million Chinese consumers -- the equivalent of the combined populations of the US, UK and Germany -- regularly make purchases via mobile platforms, even in brick-and-mortar stores. What will this transformation mean for the future of shopping? Learn more about the new business-as-usual, where everything is ultra-convenient, ultra-flexible and ultra-social.
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The New Day (Kofi Kingston & Big E) vs Dolph Ziggler & Baron Corbin - WWE Live Event Shenzhen China
17-09-2017
Why Do India And China Have So Many People?
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India and China have so many people today because they’re good for farming and big, but they’ve always been that way, so they’ve actually had a huge proportion of Earth’s people for thousands of years.
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References:
Eraly, A., Khan, Y., Michell, G. & Saran, M. 2008. India. DK Publishing, New York.
Gidwani, V.K., April 2017, personal communication.
Goldewijk, K.K., Beusen, A., & Janssen, P. 2010. Long-term dynamic modeling of global population and built-up area in a spatially explicit way: HYDE 3.1. The Holocene, 20(4), 565-573.
Goldewijk, K.K., Arthur Beusen, Jonathan Doelman, and Elke Stehfest. New anthropogenic land use estimates for the Holocene; HYDE 3.2.” Unpublished manuscript.
Goldewijk, K.K., April 2017, personal communication.
Maddison, A. 2006. The World Economy: A Millennial Perspective. OECD.
Roberts, E., March 2017, personal communication.
Ruggles, S., March 2017, personal communication.
Stearns, P. N. (Ed.). 2001. The encyclopedia of world history: Ancient, Medieval, and Modern, chronologically arranged. Houghton Mifflin. Chicago.
Thanks also to Deepak Ray, Jamie Gerber, Emily Cassidy, and Ryan Loomis.
Charlotte Flair spreads her wings in Shenzhen, China
While in China to promote the launch of WWE Network and WWE's September 17 Live Event, Charlotte Flair spreads her wings, courtesy of the award-winning WWE Network.
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Shenzhen: The Silicon Valley of Hardware (Full Documentary) | Future Cities | WIRED
Future Cities, a full-length documentary strand from WIRED Video, takes us inside the bustling Chinese city of Shenzhen.
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We examine the unique manufacturing ecosystem that has emerged, gaining access to the world’s leading hardware-prototyping culture whilst challenging misconceptions from the west. The film looks at how the evolution of “Shanzhai” – or copycat manufacturing – has transformed traditional models of business, distribution and innovation, and asks what the rest of the world can learn from this so-called “Silicon Valley of hardware.
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HOLY LAND: STARTUP NATIONS (SERIES 2)
Premiering in February, the second season of WIRED’s Future Cities series takes us inside one of the world’s biggest startup nations. With the most tech startups and venture capital per capita in the world, Israel has long been hailed as The Startup Nation. WIRED’s four-part series will look beyond Tel Aviv’s vibrant, liberal tech epicentre to the wider Holy Land region – the Palestinian territories, where a parallel Startup Nation story is emerging in East Jerusalem, Ramallah and the West Bank, as well as in the Israeli cybersecurity hub of Beersheba. And we will learn how the fertile innovation ecosystem of Silicon Wadi has evolved as a result of its unique political, geographical and cultural situation and explore the future challenges – and solutions – these nations are facing.
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where do CRAZY RICH CHINESE live? | Billionaire Chinese Entrepreneurs
I have scouted them out, all of them!
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1) Beijing: 15.5%
If you want to stay rich, stay close to power. More than 15% of the rich list call the Chinese capital home.
Why live there? While the city’s dogged by persistent pollution, it’s also at the center of government, which is a pretty big deal in a country where the state still has a huge say in how business is done. And companies agree: the city is home to the headquarters of 53 Fortune Global 500 firms, the most in the world.
Who lives there? Wang Jianlin, China’s fifth richest man, calls the capital home. For the founder of the Dalian Wanda group, his role in everything from real estate development to cinema chains means that it’s useful to stay close to the seat of power. He’s been known to repeat the maxim: “Stay close to the government and distant from politics.”
Shenzhen grew rapidly from almost nothing to a mega-hub for global tech.
2) Shenzhen: 10.2%
Located right on the southern coast of China, just 40 years ago Shenzhen was a humble fishing village. But spurred by China’s opening-up policies and the presence of Hong Kong just over the border, the city has become a huge center, particularly for technology. It’s estimated that 90% of the world’s electronics are made in Shenzhen.
Why live there? Shenzhen’s breakneck pace of development, its proximity to the factories of south China and its huge shipping port make it an ideal location for the tech billionaire on the make.
Who lives there? Pony Ma, founder of tech giant Tencent and China’s third-richest man, calls Shenzhen home.
3) Shanghai: 8.5%
There are still plenty of Crazy Rich Asians in Shanghai, of course. China’s largest city by population was trading center for hundreds of years, and since the 1990s it’s emerged as a global financial capital.
Why live there? The city is China’s commercial and financial center. It hosts the Shanghai Stock Exchange, China’s largest, and the world’s busiest container port. The city’s skyscrapers are emblematic of China’s development and transformation, and it still retains a sense of history: nowhere is that more evident than from the waterfront Bund, where heritage buildings along one bank of the Huangpu river are contrasted with the soaring towers of Pudong district on the other side.
Who lives there? Colin Huang, founder of e-commerce company Pinduoduo, is a new addition to the Hurun rich list, coming in at number 13 thanks to his company’s recent $1.6 billion IPO. He’s based out of Shanghai.
4) Hangzhou: 6.3%
The saying goes “Paradise above, Suzhou and Hangzhou below.” These neighboring cities are widely seen as some of China’s most beautiful, and Hangzhou’s centerpiece West Lake is legendarily scenic – if mosquito-prone.
Why live there? Scenic view aside, Hangzhou’s location as the southern terminus of China’s Grand Canal has made it one of China’s richest cities for more than a thousand years. Nowadays, it’s also one of China’s tech and research centers.
Who lives there? No less than China’s richest man. Alibaba co-founder Jack Ma was born and raised in Hangzhou, and built his business from scratch in the city, which the company still calls home. Alibaba also owns Inkstone.
5) Guangzhou: 4.8%
Just 65 miles from the nearby city of Shenzhen, Guangzhou has far more heritage than its upstart neighbor. Once known to foreigners as Canton, the city was many for years China’s only trading port with the outside world: a legacy that’s lived on in its comparatively multicultural feel. It’s at the core of the Pearl River Delta, the southern mega-conglomeration of Guangzhou, Shenzhen, Hong Kong and Macau. It’s also the birthplace of Cantonese cuisine and language, two exports which have spread across the world.
Why live there? Like Shenzhen, the city is at the center of to southern China’s manufacturing heartland. And to some eyes, the city has a touch more heritage and culture than its brash younger brother Shenzhen.
Who lives there? Xu Jiayin, China’s second-richest man, lays his head in Guangzhou. The chairman of the Evergrande real estate group, he also the primary owner (with Alibaba’s Jack Ma) of Guangzhou Evergrande Taobao FC, one of the country’s top soccer teams.
367,500 TESLA Cars. Thank you, Elon Musk!
Record Deliveries. Record Stock Price. Record Year.
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Tesla delivered a record 112,000 vehicles globally during the fourth quarter, significantly topping Wall Street estimates and achieving CEO Elon Musk’s year-end sales goal.
Wall Street expected Tesla to deliver 106,000 vehicles to customers during the fourth quarter, which would have just met the company’s annual delivery goal of between 360,000 and 400,000 vehicles, a 45% to 65% increase from 2018.
Tesla said it delivered approximately 367,500 vehicles last year, an impressive 50% jump from 2018.
Shares of the electric-car maker surged more than 4% in morning trading to $448, a 49% rise rise over the last 12 months.
Tesla’s deliveries are a closely watched number in the industry, providing the closest proximation to sales. The company said it counts a car as delivered “if it is transferred to the customer and all paperwork is correct.” The deliveries number is a barometer for how the company is performing ahead of releasing its quarterly earnings.
Tesla said it delivered 92,550 Model 3 cars and 19,450 Model S and X vehicles during the fourth quarter. The company was expected to deliver 87,900 Model 3, 9,800 Model S and 9,300 Model X vehicles, according to an average of analysts surveyed by FactSet.
Investors were also watching production numbers. In the second and third quarters of 2019, Tesla delivered more cars than it produced. The production versus deliveries gap widened in the fourth quarter. In the third quarter, Tesla manufactured 96,155 vehicles and delivered 97,000 vehicles. In the fourth quarter, it manufactured 104,891 vehicles and delivered 112,000.
The electric-car maker said it has produced just under 1,000 cars that are ready for sale at its new factory in Shanghai. Tesla started delivering vehicles to Chinese customers late last month.
Tesla said it will “continue to focus on expanding production” in both the U.S. and China, where the company reports it has demonstrated production run-rate capability of greater than 3,000 units per week. That production rate, according to Tesla, excludes local battery pack production that began in late December.
‘Major feather in the cap’
Daniel Ives, managing director of equity research at Wedbush Securities, called Tesla’s deliveries to end the year “impressive” and “another step in the right direction” for its Fremont assembly plant in California. Soundly beating Wall Street’s estimates in the quarter “was another major feather in the cap for Musk & Co.,” he said.
“While part of this recent rally has been a massive short covering, it has also been driven by underlying fundamental improvement as the company’s ability to impressively not just talk the talk but walk the walk has been noticed by the Street and the optimism around the story has grown markedly from the dark days seen earlier in 2019,” Ives said in a note to investors Friday morning.
Earlier this week, Musk made personal appearances at the company’s Fremont car plant and delivery center to cheer on employees and Tesla fans who volunteered to deliver cars to customers ahead of the year-end deadline.
Customers who received their cars in 2019 qualified for an $1,875 tax credit. But if the car was ordered in 2019, and delivered in 2020, they would not qualify.
Tesla is now shipping its vehicles to more locations around the world than ever before, including in the U.K. and China.
This broader customer base is one reason why Tesla assured investors in the third quarter that it would hit the low end of its prior guidance of 360,000 to 400,000 deliveries for the full year. The company also wrote then: “Deliveries should increase sequentially and annually, with some expected fluctuations from seasonality. We are highly confident in exceeding 360,000 deliveries this year.”
Description Source: CNBC
JD.com wants to be China's top retailer | Managing Asia
Richard Liu, chairman and CEO of JD.com, outlines the business model adopted by the internet company aims to maintain quality control for Chinese consumers.
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Import Expo staff shore up enthusiasm
More than 1,500 staff members for the second China International Import Expo gathered at a pep rally Sunday evening at the main venue of the expo in Shanghai, where they sang their love for the motherland and best wishes for the success of the expo out loud. Popular Chinese patriotic songs like My Motherland and Red Flag Fluttering were presented.
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Chinese Made Tesla Model 3: Close to Production?
Tesla Model 3 that will be made in China may be closer to the reality than we thought as the progress of the Tesla factory in Shanghai seems to exceed everyone's expectations. Let's talk about it as I take your questions and comments during the LIVE stream!
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HSYLC Shanghai 2017 Reflection (Official)
The Harvard College Association for U.S.-China Relations ( organizes 3 international conferences, including Harvard’s largest summer program in China, collectively changing the lives of over 3,000 students annually around the globe. HAUSCR’s flagship program, the annual HAUSCR Summit for Young Leaders in China (HSYLC) is a week of exploration and development for Chinese high-school students conducted by Harvard undergraduates, faculty, and prominent leaders from both nations. HAUSCR also organizes China Thinks Big (CTB), China's premier social innovation and entrepreneurship competition held at the Harvard Center Shanghai, which attracts over 10,000 participants each year.
2017 Volvo S90 Sedan Excellence (China-built) - interior Exterior and Drive
Volvo Cars unveils new version of the S90 sedan and top-of-the-line S90 Excellence in Shanghai, marking a new era for car-making in China
Volvo Cars, the premium carmaker, has unveiled a new upgraded China version of its S90 sedan and a top-of-the-line luxury model called S90 Excellence, both aimed at the high-end sedan market, in advance of their first public appearance at the 2016 Guangzhou Motor Show.
The new S90 will be the most premium car ever made in China. Both versions will be built in Volvo Cars’ production facility in Daqing, China, and exported globally, highlighting the high levels of quality that underpin Volvo’s global manufacturing strategy.
“China will play an increasingly important part in our global manufacturing ambitions. Our factories here will deliver world-class products for export across the globe in coming years, contributing to our objective of selling up to 800,000 cars a year by 2020,” said Håkan Samuelsson, President and CEO, Volvo Car Group.
Volvo has paved the way in developing China’s exports of cars to global markets. It was the first Western car maker to export a premium China-made car to the US in 2015 with the S60 Inscription, which received a full 5-Star rating in National Highway Traffic Safety Administration testing.
Premium credentials
Both the S90 cars underscore Volvo’s credentials as a premium car maker.
“The first thing you notice in the S90 Excellence is that we have removed the front passenger seat and replaced it with what we call the Lounge Console, designed to meet the chauffeur-driven executive customers’ need to relax or work while on the move. The second thing you will notice is the high quality materials that combine to deliver a well-thought-through and immersive luxury feel,” said Thomas Ingenlath, Senior Vice President Design at Volvo Car Group.
The S90 Excellence incorporates many features designed to enhance the in-car experience – a full panoramic roof, foldout worktables, clever storage, a heated and cooled cup holder, an adjustable footrest and a built-in entertainment system featuring a large display for work or entertainment purposes. The S90 Excellence also includes a rear-seat touchscreen control interface, a built-in refrigeration compartment and handmade crystal glasses from Swedish glassmaker Orrefors.
The S90 will be available with Volvo Cars’ award-winning T4 and T5 petrol engines and the top-of-the-line T8 Twin Engine plug-in hybrid, delivering an uncompromising mix of performance and pure electric power that makes the most of Volvo’s ‘Relaxed Confidence’ chassis settings. The S90 Excellence will only come with the T8 Twin Engine powertrain option.
The new cars will come with a host of standard safety features including Large Animal Detection as a part of the City Safety system, Pilot Assist, which is a hands-on-the-wheel semi-autonomous driver assistance system that works up to 130 km/h.
Volvo’s new 90 Series cars also come with the convenience of smartphone integration, incorporating Apple CarPlay and Android Auto allowing convenient access to familiar smartphone features via the large centre display in the car.
Both cars will be available with a new CleanZone air quality system that employs an ionic air cleaner, a PM 2.5 real-time monitor in the four-zone air conditioning system.
The new S90 goes into production in November. The S90 Excellence follows next year.
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Sneak Peek at 'Beauty and the Beast' Attraction Coming to Tokyo Disneyland
We’re thrilled to share with you a sneak peek at the new Enchanted Tale of “Beauty and the Beast” attraction coming to Tokyo Disneyland as part of a large-scale development plan bringing new attractions, entertainment, shopping and dining to the park in spring 2020. To read more, visit the Disney Parks Blog:
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Sneak Peek at 'Beauty and the Beast' Attraction Coming to Tokyo Disneyland
Internet plus the next big thing for China entertainment?
The phrase Internet plus has become one of the hottest buzz-words in China media since Premier Li Keqiang first mentioned it three months ago. So it shouldn't surprise anyone that it's also been a hot topic at the Shanghai TV and Film festival this year. How will the Internet change what you are watching?
How China Meddles in Latin America (w/ Dee Smith, Elizabeth Economy, & Christopher Sabatini)
Is China's sphere of influence extending into Latin America? Dee Smith of the Strategic Insight Group, Elizabeth Economy of the Council on Foreign Relations and Christopher Sabatini of Columbia University outline the extent to which China is expanding its operations — and by so doing, courting both allies and pariahs of the United States. Should America view this as a direct threat, or is China simply extending the reach of its Belt and Road initiative in order to maintain essential raw material supply chains? Filmed on September 26, 2018 in New York.
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How China Meddles in Latin America (w/ Dee Smith, Elizabeth Economy, & Christopher Sabatini)
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