Monthly Archives: July 2013

Cover of July 2013



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Table of Contents of July 2013

1. Cover story


2. Economy outlook

China will increase Aid for Trade within her ability

3. Financial strategy

HTC 2013 second-quarter results

4. Legal spotlight

Amicable solution in the EU-China solar panels case

5. Point of interest

Imperial Palaces of the Ming and Qing Dynasties in Beijing and Shenyang

6. Portrait

Tiger City in MOFCOM

7. Remark from editor

Synergy or focus

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Taiwan and New Zealand formally signed an economic and trade pact on July 10, 2013, the Agreement between New Zealand and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu on Economic Cooperation (ANZTEC). ANZTEC expected to facilitate more FTAs. Continue reading

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China will increase Aid for Trade within her ability

WTO Fourth Global Review of Aid for Trade was held in Geneva on 8-10 July 2013. Mr. Li Jinzao, Vice Minister of Commerce, head of Chinese delegation, attended the review and expressed China’s position on on issues of China’s contribution to the world economy and China’s “Aid for Trade”. Mr. Yi Xiaozhun, China’s Ambassador, also attended the review. Continue reading

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HTC 2013 second-quarter results

HTC Corporation (the Company, TWSE: 2498), a global leader in mobile innovation and design, today announced consolidated results for the Company and its subsidiaries for the second quarter of 2013 on July 30, 2013 as follows: Continue reading

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Amicable solution in the EU-China solar panels case

EU Trade Commissioner Karel De Gucht stated July, 27: “After weeks of intensive talks, I can announce today that I am satisfied with the offer of a price undertaking submitted by China’s solar panel exporters, as foreseen by the EU’s trade defence legislation. This is the amicable solution that both the EU and China were looking for. We are confident that this price undertaking will stabilise the European solar panel market and will remove the injury that the dumping practices have caused to the European industry. We have found an amicable solution that will result in a new equilibrium on the European solar panel market at a sustainable price level. Upon consultation of the advisory committee composed of Member States, I intend to table this offer for approval by the European Commission.” Continue reading

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Imperial Palaces of the Ming and Qing Dynasties in Beijing and Shenyang

The Imperial Palaces bear exceptional testimony to Chinese civilization, being true reserves of landscapes, architecture, furnishings and objects of art, as well as containing exceptional evidence to the living traditions and the customs of shamanism practised by the Manchu people for centuries. They illustrate the grandeur of the imperial institution from the Qing dynasty to the earlier Ming and Yuan dynasties, as well as Manchu traditions, and present evidence on the evolution of this architecture in the 17th and 18th centuries.
Lying at the centre of Beijing to the north of Tiananmen Square, the Forbidden City was the Imperial Palace during the Ming and Qing dynasties. Now known as the Palace Museum, it is rectangular in shape and is the world’s largest palace complex, covering 74 ha. The curtain wall has a gate on each side and there are towers at each of the four corners, affording views over both the palace and the city outside. Continue reading

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Tiger City in MOFCOM

Crouching Tiger, Hidden Dragon is a world renowned movie directed by Ang Lee. The name is catchy because tiger is a fierce animal which signifies power and bravery. And it is a universal fact. After the inauguration of the new Chinese cabinet, there must be a lot of crouching tigers in China’s Ministry of Commerce because there is a tiger city in it. The new Minster of Commerce is Gao Hucheng. Hucheng literally means tiger city in Chinese. Continue reading

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Synergy or focus

Cheming Yang

In business and in many other things of this world, when there is no synergy, you need to have focus. If you cannot focus or your focus fails, you are doomed. That is what is happening to HTC and to a whole bunch of world renowned enterprises. Just look around at the major mobile devices makers. Nokia used to be the best and largest cellular phone maker. It is in a lot of trouble because it missed out the chance to get a head start in smart phones. How about Blackberry? It is supposed to be the smart phone leader. But now it is treading water. Continue reading

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