Chinese Economics Thread
- Thread starter Norfolk
- Start date
Jura The idiot
General
Now the Thaw. Hakuhodo is largest marketing consulting firm in Japan, This will be a treasure trove for Japanese companies targeting the Chinese Market.
Baidu lets corporate Japan read Chinese consumers' minds
Internet group's vast trove of data to be mined for insight into huge market
Nikkei staff writers May 14, 2018 05:43 JST
TOKYO -- , the Google of the Chinese internet, will offer its services to help Japanese companies place online advertisements more effectively and develop products that appeal to inbound tourists.
Baidu's Japanese arm will draw on the group's search engine, used 10 billion times a day, and its network of 17 million consumer monitors, one of China's biggest pools for surveys.
Foreign multinationals looking to do market research in China face difficulty assembling surveys bigger than several hundred thousand participants. Such companies must navigate strict regulations on the Chinese internet as well, further hampering survey efforts. The larger the pool of monitors, the better that marketing teams can target surveys to particular market segments.
Baidu also will partner with Tokyo-based ad agency Hakuhodo to provide marketing support for Japanese companies doing business in China. Hakuhodo possesses 18 years of data on Chinese consumers that will be combined with Baidu's search data to analyze consumer preferences in order to create more effective ads.
Baidu holds a share of over 80% in China's search market, allowing the company to collect an unparalleled amount of data on what Chinese residents shop for online. Hakuhodo's data includes Chinese consumers' brand preferences as well as internet and television habits. Hakuhodo is part of .
Baidu lets corporate Japan read Chinese consumers' minds
Internet group's vast trove of data to be mined for insight into huge market
Nikkei staff writers May 14, 2018 05:43 JST
TOKYO -- , the Google of the Chinese internet, will offer its services to help Japanese companies place online advertisements more effectively and develop products that appeal to inbound tourists.
Baidu's Japanese arm will draw on the group's search engine, used 10 billion times a day, and its network of 17 million consumer monitors, one of China's biggest pools for surveys.
Foreign multinationals looking to do market research in China face difficulty assembling surveys bigger than several hundred thousand participants. Such companies must navigate strict regulations on the Chinese internet as well, further hampering survey efforts. The larger the pool of monitors, the better that marketing teams can target surveys to particular market segments.
Baidu also will partner with Tokyo-based ad agency Hakuhodo to provide marketing support for Japanese companies doing business in China. Hakuhodo possesses 18 years of data on Chinese consumers that will be combined with Baidu's search data to analyze consumer preferences in order to create more effective ads.
Baidu holds a share of over 80% in China's search market, allowing the company to collect an unparalleled amount of data on what Chinese residents shop for online. Hakuhodo's data includes Chinese consumers' brand preferences as well as internet and television habits. Hakuhodo is part of .
Jura The idiot
General
Jura The idiot
General
Apr 28, 2018
Economic Watch: Wider opening-up a strategic choice for China
Xinhua| 2018-05-14 15:44:19
now
Economic Watch: Wider opening-up a strategic choice for China
Xinhua| 2018-05-14 15:44:19
Updated analysis of Wuhan Meeting. Non-Western View.
By – May 2, 2018
The anxiety syndrome in the American write-ups on the Wuhan summit is truly tragi-comic. An even before the summit between Prime Minister Narendra Modi and Chinese President Xi Jinping that the event was much ado about nothing. The US government-funded has now arrived at the same conclusion, after the summit. Why are these American analysts in such tearing hurry to debunk the Wuhan meeting?
It’s geopolitics, stupid! The prestigious Stockholm International Peace Research Institute (SIPRI) released a report today which says amongst other things that India’s defence spending rose by 5.5 per cent to US$63.9 billion in 2017, overtaking that of France as one of the world’s top five military spenders. The report estimates that one of the main motivations behind India’s plans to expand, modernise and enhance the operational capability of its armed forces lies in its tense relations with China.
From the US perspective, the situation is ideal to advance the business interests of America’s vendors of weaponry. Last year, business deals worth $15 billion were chalked up. Any improvement in India-China relations will profoundly hurt American interests. Fueling India-China tensions is a major objective of the US’ regional strategy.
Alas, there are Indians too who are eagerly serving the US interests. A prominent Chinese expert on South Asia recently wrote (in the context of the Wuhan meeting), “Many strategic elites in India are financially backed by the West and hence speak for Western countries.” It is a national shame, but true.
Be that as it may, these guys are missing the plot. Prime Minister Modi’s recent decisions to improve India-China relations, adjust India’s neighborhood policies and to rebalance India’s ties with the major powers are linked to his political agenda. Of course, the good part is that this agenda is also in the national interests.
Take India-China relations. The Voice of America is stupid to assume that the Wuhan meeting was about border tensions. No doubt, it is important that peace and tranquility prevails on the border with China. The Doklam standoff was an eye-opener for the political leadership. Hence the “strategic guidance” to the military issued from Wuhan (which is actually an order from the civilian leadership to the generals) to defuse confrontations during patrols in accordance with existing protocols and mechanisms. The military people may not like it, but that’s how a democracy prioritizes butter over guns.
Clearly, Modi’s top priority is about Chinese investments in India. The drivers of the Indian economy in our establishment played a decisive role in bringing about the strategic shift in the thinking toward China – and in preparing for the Wuhan meeting.
The fact of the matter is that China is already positioning itself as among India’s top investors. In 2017, despite Doklam, China tripled its investment to $2 billion. Bilateral trade touched $84.44 billion in 2017, which is an increase of 18.63% over 2016. (By the way, Indian exports to China went up by 40%.) This year, bilateral trade in the first quarter already hit $22.1 billion, up 15.4% year on year. In April, the two countries signed over 100 trade agreements, worth $2.38 billion, when a Chinese trade delegation visited India.
According to a report in Forbes magazine recently, India is courting Chinese companies to bridge its infrastructure deficit. Last year, China’s Sany Heavy Industry planned an investment of $9.8 billion in India, while Pacific Construction, China Fortune Land Development and Dalian Wanda planned investments of more than $5 billion each. Earlier this year, the China-led Asian Infrastructure Investment Bank approved funding of $1 billion for projects in India.
Meanwhile, Chinese investors have been pouring money into sectors outside the remit of government agencies. In 2015, Alibaba invested $500 million in Snapdeal and $700 million in Paytm. In 2016, Tencent invested $150 million in Hike, a messaging app, and a consortium of Chinese investors paid $900 for media.net. In 2017, Alibaba and Tencent announced or closed deals valued close to $2 billion—Alibaba’s second tranche of $177 million in Paytm, $150 million in Zomato, $100 million in FirstCry and $200 million in Big Basket. Tencent’s investments included $400 million in Ola, $700 million in Flipkart and a second round of investment in Practo. Last year, China’s drug giant Fosun Pharma acquired a 74% controlling stake in India’s Gland Pharma for $1.1 billion. Chinese smartphone makers Xiaomi, Huawei and Oppo all are operating manufacturing plants in India, and have had great successes in Indian market, too.
These plain facts may not be significant enough for our ‘China hands’, but they are a compelling reality for the PMO and North Block. Let me quote from the report in the Forbes magazine:
To be sure, Modi travelled to Wuhan with the “big picture”. Read a perspective on the Wuhan summit featured in the CNBC entitled .
By – May 2, 2018
The anxiety syndrome in the American write-ups on the Wuhan summit is truly tragi-comic. An even before the summit between Prime Minister Narendra Modi and Chinese President Xi Jinping that the event was much ado about nothing. The US government-funded has now arrived at the same conclusion, after the summit. Why are these American analysts in such tearing hurry to debunk the Wuhan meeting?
It’s geopolitics, stupid! The prestigious Stockholm International Peace Research Institute (SIPRI) released a report today which says amongst other things that India’s defence spending rose by 5.5 per cent to US$63.9 billion in 2017, overtaking that of France as one of the world’s top five military spenders. The report estimates that one of the main motivations behind India’s plans to expand, modernise and enhance the operational capability of its armed forces lies in its tense relations with China.
From the US perspective, the situation is ideal to advance the business interests of America’s vendors of weaponry. Last year, business deals worth $15 billion were chalked up. Any improvement in India-China relations will profoundly hurt American interests. Fueling India-China tensions is a major objective of the US’ regional strategy.
Alas, there are Indians too who are eagerly serving the US interests. A prominent Chinese expert on South Asia recently wrote (in the context of the Wuhan meeting), “Many strategic elites in India are financially backed by the West and hence speak for Western countries.” It is a national shame, but true.
Be that as it may, these guys are missing the plot. Prime Minister Modi’s recent decisions to improve India-China relations, adjust India’s neighborhood policies and to rebalance India’s ties with the major powers are linked to his political agenda. Of course, the good part is that this agenda is also in the national interests.
Take India-China relations. The Voice of America is stupid to assume that the Wuhan meeting was about border tensions. No doubt, it is important that peace and tranquility prevails on the border with China. The Doklam standoff was an eye-opener for the political leadership. Hence the “strategic guidance” to the military issued from Wuhan (which is actually an order from the civilian leadership to the generals) to defuse confrontations during patrols in accordance with existing protocols and mechanisms. The military people may not like it, but that’s how a democracy prioritizes butter over guns.
Clearly, Modi’s top priority is about Chinese investments in India. The drivers of the Indian economy in our establishment played a decisive role in bringing about the strategic shift in the thinking toward China – and in preparing for the Wuhan meeting.
The fact of the matter is that China is already positioning itself as among India’s top investors. In 2017, despite Doklam, China tripled its investment to $2 billion. Bilateral trade touched $84.44 billion in 2017, which is an increase of 18.63% over 2016. (By the way, Indian exports to China went up by 40%.) This year, bilateral trade in the first quarter already hit $22.1 billion, up 15.4% year on year. In April, the two countries signed over 100 trade agreements, worth $2.38 billion, when a Chinese trade delegation visited India.
According to a report in Forbes magazine recently, India is courting Chinese companies to bridge its infrastructure deficit. Last year, China’s Sany Heavy Industry planned an investment of $9.8 billion in India, while Pacific Construction, China Fortune Land Development and Dalian Wanda planned investments of more than $5 billion each. Earlier this year, the China-led Asian Infrastructure Investment Bank approved funding of $1 billion for projects in India.
Meanwhile, Chinese investors have been pouring money into sectors outside the remit of government agencies. In 2015, Alibaba invested $500 million in Snapdeal and $700 million in Paytm. In 2016, Tencent invested $150 million in Hike, a messaging app, and a consortium of Chinese investors paid $900 for media.net. In 2017, Alibaba and Tencent announced or closed deals valued close to $2 billion—Alibaba’s second tranche of $177 million in Paytm, $150 million in Zomato, $100 million in FirstCry and $200 million in Big Basket. Tencent’s investments included $400 million in Ola, $700 million in Flipkart and a second round of investment in Practo. Last year, China’s drug giant Fosun Pharma acquired a 74% controlling stake in India’s Gland Pharma for $1.1 billion. Chinese smartphone makers Xiaomi, Huawei and Oppo all are operating manufacturing plants in India, and have had great successes in Indian market, too.
These plain facts may not be significant enough for our ‘China hands’, but they are a compelling reality for the PMO and North Block. Let me quote from the report in the Forbes magazine:
- Seemingly, there’s a shared belief in both countries (India and China) that a position of hostility undermines their interests, and stabilizing relations at a time of global uncertainty will yield economic dividends. India’s competitive edge in information technology, software and medicines, and China’s strengths in manufacturing and infrastructure development make the two sides natural partners…
To be sure, Modi travelled to Wuhan with the “big picture”. Read a perspective on the Wuhan summit featured in the CNBC entitled .
Ex-mayor Bloomberg proposes economic conference for private and public sector leaders from developed and emerging economies to work together on finding “actionable solutions” to challenges from economic inclusion to environmental sustainability
Michael Bloomberg launches China-linked rival to Davos
New Economy Forum focuses on emerging world order in challenge to WEF
Michael Bloomberg launches China-linked rival to Davos
New Economy Forum focuses on emerging world order in challenge to WEF
Jura The idiot
General