Expert Profile

Expert photo David Wei
Since October 2007, chief executive officer and executive director of Alibaba.com;   From November 2006 to September 2007, president of Alibaba.com and executive vice president of Alibaba Group;   From 2002 to 2006, president of B&Q China, a subsidiary of King

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Sourcing In China


To ensure the intermediary and the follow-up of your purchases in China: Search for supplier, factory auditing, negotiation, sampling, production follow-up, quality control, logistics

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Facts & Figures In China

The Share Of Personal Income In China抯 GDP
The share of personal income in China抯 gross domestic product has fallen to 39.7 percent in 2009 from 53 percent in 1999, according to economists at Beijing-based investment bank China International Capital Corp. That compares with 57 percent in the U.S. and 51 percent in Japan. Most other countries have kept the ratio stable over the past decade, said a June 2010 report by CICC.
 

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China's Best Blogs And Sites

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Latest News In China
Motorola Accuses Huawei of Stealing Mobile-Phone Trade Secrets
Telecom China 07/29/2010
Motorola Inc., the U.S. maker of mobile phones and two-way radios, sued rival Huawei Technologies Co. for allegedly conspiring with former employees to steal trade secrets, reported Wednesday's Bloomberg.
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Citic May Raise 80 Billion Yuan in Hong Kong Initial Offering
Accounting - auditing - finance - admin. China 07/29/2010
Citic Group may raise as much as 80 billion yuan in a planned initial public offering in Hong Kong, the China Daily reported, citing unidentified people familiar with the matter.
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China's Baidu Says 2Q Profit More than Doubles
High Tech - Computer - Software- Internet China 07/29/2010
Baidu Inc., which operates China's most popular Internet search engine, said Thursday its second-quarter profit more than doubled as its advertising customer base grew and profit margins improved, reported AP.
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China's Camelot Information Raises $147 Million in U.S. Initial Offering
High Tech - Computer - Software- Internet China 07/28/2010
Camelot Information Systems Inc., which helps companies install and maintain business-management software, raised $147 million in an initial public offering after selling shares at the low end of its forecast range, reported Tuesday's Bloomberg.
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Fuji Heavy to Release Impreza XV Vehicle in China This Year
Automobile - Motorcycle China 07/28/2010
Fuji Heavy Industries Ltd., maker of the Subaru line of cars, will release its Impreza XV crossover vehicle in China this year to attract affluent buyers, Nikkei English News said, without saying where it got the information.
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PCCW, Pinebridge May Invest 180 Million Euros in Vivacom
Telecom China 07/28/2010
PCCW Ltd. and PineBridge Investments, which are controlled by Hong Kong billionaire Richard Li, may invest 180 million euros in Bulgarian phone company Vivacom AD for a 51 percent stake, the South China Morning Post reported, citing two unidentified people familiar with the matter.
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China May Allow QFIIs to Trade Futures
Accounting - auditing - finance - admin. China 07/27/2010
China may allow qualified foreign institutional investors to use as much as 10 percent of their investment quotas to trade stock-index futures, the China Securities Journal reported, citing an unidentified person.
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China Calls for Stepping Up on Inspection of Property Loans
Real Estate China 07/27/2010
China’s banking regulator has called on local authorities to step up inspections of property loans, the Shanghai Securities News reported Monday, citing an unidentified official with the China Banking Regulatory Commission.
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China's SAIC Motor Sees Earnings Quadrupling
Automobile - Motorcycle China 07/27/2010
Top Chinese automaker SAIC Motor Corp said on Monday it expected to post more than a 300 percent rise in first-half net profit, reported Reuters.
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Expert Talk

Expert photo

David WeiAlibaba.com, the World抯 Biggest Online Marketplace

If you accidentally drop by a speech by David Wei, CEO of Alibaba.com, at a networking event organized by the CCIFC near the Chinese New Year, and you don’t know who David is, very likely you will guess the well-groomed guy promoting Alibaba in perfect English and with great diplomacy must be the media director of the E-commerce giant. Like the Group’s chairman & CEO Jack Ma, David Wei knows intuitively how to take advantage of media and publicity to popularize their company and ideas. But different from Jack Ma’s unassuming manner, passion and sheer personal charisma which embodies China’s entrepreneurs, an air of sleekness, caution and well-educated gentlemanship -- traits of many western professional managers -- envelops David Wei, who was born in Shanghai, received education from London Business School, and once an investment banker. The article below is largely based on what David talked that night at the CCIFC party and what we learned from online sources about Alibaba.



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Jessie WangIdealpeople, Illustrious Pathfinder in Recruiting Business

Jessie Wang had her first taste of the glamour of the recruitment industry when she was tapped from a renowned management consulting firm to work in Idealpeople, a young but resonating name in the recruiting industry. Two years later, she was struck harder by the charm of recruitment when she was planted in Beijing as the Head of Idealpeople APAC. Now, recruiting both for MNC clients and her own team, she experiences the beauty of connecting high-caliber talents and sterling companies on a daily basis.



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Denis GihanForeign Investment in China

If we need to summarise Denis Gihan’s career, Business, Management consultation, Investment and Entrepreneurship will be the most befitting keywords before 2007, after which we should add a new word – China. After earning an MBA from one of France’s elite business schools, Denis spent nearly twenty years in the business world. First worked in the finance and management consulting business for about 13 years, and then had several successful entrepreneurial tries, Denis married a Shanghai-based French lady and relocated there in 2007. Thus begins his China adventure. In this interview Denis discusses with us investment and opportunities in the Far Eastern country.



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Steve Xinyu LiCTG, a Dark Horse in China's Human Resource Outsourcing Market

Like many of China’s crème de la crème in the 1990s, Steve Li firstly got two degrees from China’s G2 universities, then successfully landed a scholarship from one of the Ivy League Schools. After that, a decent job in the IT industry and citizenship of the free world. For most American engineers of Chinese ancestry, what follows normally are more senior titles, bigger houses, family, and beach. But Steve is unusual. Besides solid engineering background, Steve is full of energy, has a deep understanding of both the business world and human nature, sociable and risk-taking. He knew deep inside that he can be something different. His Chinese friends also knew that.
 
The year 2007 came quietly. That year a domestic company China Talent Group was looking globally for a director of business development. CTG needed a talent who shall have international vision, new business development capability, both locally and overseas, and of IT background since they planned to upgrade their IT system in the near future. When Steve’s domestic friends learned the opening, they referred him. Instinctively sensed the value of the position, Steve without any hesitation grabbed the opportunity. Now newly appointed as VP of Business Development at CTG in this January, Steve was more convinced of the rightness of his decision more than two years ago.
 


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Charles GAOWorld-Leading HR Firm Adecco to Gain Its Due in China

When we first met Charles Gao, the Associate Director of Adecco China, we cannot believe he has 15 full years work experience under his belt: his look, vitality and passion all speaks that he should be a twentysomething. But minutes after our talk, his discreet words, professionalism and air of dignity soon manifested his long working life and time-mellowed sophistication. He is just like the company he is working at: Adecco, though its origin can be traced back to 1957, never stopped growth and expansion. Now fully established in China, it keeps on thriving and flourishing. Not long from now, we may witness it secure its championship in China, as it did all over the world.
 


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Cedric Mangaud Enhance China抯 Mobile Services

Widely regarded as a product visionary, Cédric Mangaud, the CEO of Abaxia,  has more than 10 years experience of international business and general management within the telecommunications and Internet industries. Enterprising, dynamic and fascinated by next generation mobile technologies and opportunities in China, he has just opened a representative office of his mobile software company in the country to help market the Chinese mobile industry.
 


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Gene ShiSafeguard Property Transaction in China

Whether you are a long-term China watcher or only having a smattering of interest in the Asian country recently, whether you single-mindedly focus on the Orient powerhouse’s industry and finance or just being curious about this ancient civilization’s life and society, you surely will notice the recent popularity of a local TV series called Narrow Dwellings, a metro melodrama on a topic which has too many stakes and emotions attached to it: housing in a modern Chinese city. Well, it takes a ton of pains to afford a house and mortgage in any world metropolis, but in China, a country with underdeveloped credit reporting and rating system, even if you stretched your whole family’s resources and thought you could manage to lay out a down payment, the work and risk does not stop there -- you need to well safeguard the property transaction process. That is exactly where First Title Real Estate Guaranty and its president Mr. Gene Shi come in to help, at the right time.



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Albin RouxPremium Armagnac from LAUBADE Comes to China

As the saying goes, you can judge a man by the company he keeps, and we know that wine is men’s best company, so an application of syllogism can lead us to the conclusion that you can judge a man by the wine he keeps. So what about the men who keep Armagnac as company, the most ancient eaux-de-vie (meaning water of life) in France? In this interview we are grateful to meet Albin Roux, the Brand Ambassador and Area Manager for L.E.D.A, which owns the famous Armagnac brand Château de Laubade. Suave, crisp and stylish, Mr. Roux will impress you profoundly as much as the mellow brandy he represents will do.



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Emmanuel GrosPump China Oil Up

You may not hear about PCM, but if you ever dabbled in stock market, you are surely familiar with big names like Sinopec and CNPC. PCM provides the driving force for these companies’ oil operations. Its patented product the Progressive Cavity Pump is used in oil well pumping operations all over the world, under whatever geologic circumstance, withstanding whatever climate and temperature. As driving as his company’s proprietary PCP, Mr. Emmanuel Gros launched the PCP Asia Pacific branch single-handedly in Shanghai in 2002. After seven years’ continual boom, the company now is well-oiled to force through any viscous fluid, any seemingly unpenetrable financial tsunami. 



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William TsengBuild to last in China

15 years ago, when a bunch of energetic and ambitious Taiwanese launched Capstone Construction & Development Co. in mainland China, all around them was towering cranes and roaring bulldozers. Now after all these years’ booming construction, when I went inside the roomy office of Mr. Tseng, General Manager of Capstone Construction, I was first greeted by the soaring cranes brandishing proudly outside his big window.