Monthly Archives: October 2012

Cover of October 2012

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Table of Contents of October 2012

1. Cover story

Taiwan got US Visa Waiver

2. Economy outlook

Last efforts in building up confidence and stimulating foreign trade for 2012

3. Financial strategy

China Biologic certified to start commercial manufacturing human coagulation factor VIII

4. Legal spotlight

Mexico files dispute against China on clothing and textile products

5. Point of interest

Crystal Cruises’ new spring China voyages

6. Portrait

Far East’s best business school in 2012

7. Remark from editor

What is required of a number one business school

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Taiwan got US Visa Waiver

U.S. Secretary of Homeland Security Janet Napolitano on the 2nd of October announced the designation of Taiwan into the Visa Waiver Program (VWP) – streamlining travel for thousands of eligible Taiwan passport holders, while maintaining strong security standards.

“Today’s announcement is a major step forward in our long-standing economic partnership with Taiwan,” said Secretary Napolitano. “Taiwan’s participation in the VWP will not only stimulate tourism in the United   States, it will also enable us to work together to maintain the strictest security standards.” Continue reading

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Last efforts in building up confidence and stimulating foreign trade for 2012

Mr. Chen Deming, Chinese Minister of Commerce, surveyed foreign trade in Guangzhou on October 15 and 16, presided over symposiums on foreign trade as well as symposiums on promoting development of exhibition industry, and also visited part of exhibition halls of the 112th Canton Fair. Vice Minister of Commerce Jiang Yaoping and Assistant Minister Qiu Hong took part in this trip. Continue reading

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China Biologic certified to start commercial manufacturing human coagulation factor VIII

China Biologic Products, Inc. (NASDAQ: CBPO, “China Biologic” or the “Company”) on Oct. 24, 2012 announced that its indirectly owned subsidiary, Shandong Taibang Biological Products Co., Ltd. (Taibang) has received good manufacturing practice (GMP) certification from the China State Food and Drug Administration (SFDA) for Human Coagulation Factor VIII (FVIII). Taibang earlier received manufacturing approval for FVIII from the SFDA in June 2012. With now both the manufacturing approval and the GMP certificate, Taibang expects start commercial manufacture of FVIII products immediately. Continue reading

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Mexico files dispute against China on clothing and textile products

Mexico notified the WTO Secretariat on 15 October 2012 of a request for consultations with China concerning several measures allegedly taken by China to support the production and exports of clothing and textile products. It said it had requested consultations because China appears to maintain a wide variety of measures that support producers and exporters of apparel and textile products, both directly and indirectly. It added that these measures appear to involve both prohibited and actionable subsidies that are inconsistent with China’s obligations under the Subsidies and Countervailing Measures Agreement, GATT 1994, the Agreement on Agriculture, and China’s Accession Protocol. Continue reading

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Crystal Cruises’ new spring China voyages

Crystal Cruises is taking guests off the ship and through Beijing’s most historic and cultural sites for three nights next spring, as part of two new 2013 cruises to China. For the first time in four years, the all-inclusive Overland Adventure will be featured as a complimentary pre- and post-cruise package on two different luxury cruises, both sailing aboard Crystal Symphony for 10 days before and after the unique land trip:

An “All China” voyage, departing March 23, offering extended time in several of the country’s greatest cities, as follows: Hong Kong (overnight)-Xiamen-Shanghai (two nights)-Dalian-Beijing/Zingang. Continue reading

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