Monday, May 21, 2012

Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN





About 2point6billion.com

2point6billion.com discusses investment news and events from the emerging markets of Asia - including India, China and the ASEAN countries. It is produced by the Asian foreign direct business advisors at Dezan Shira & Associates from their offices across emerging Asia.



Technology

54 Officials Found Responsible for July Train Crash

Dec. 29 – 54 officials, including the former railway minister Liu Zhijun and the ministry’s deputy chief engineer Zhang Shuguang, will be punished for the deadly train crash in July, according to the report released by the State Council Wednesday.

“Serious design flaws” and bad management caused the tragedy, which led to public rage against the authorities, the long-awaited report stated. After the accident Chinese citizens accused the government of putting development and profit ahead of its people’s lives. Continue reading

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Major Chinese Cities to Require Real-name Weibo Registration

By Julia Gu

Dec. 27 – Following identical moves adopted by other major cities including Beijing, Guangzhou, Tianjin and Shenzhen, Shanghai is going to require users of Weibo, a twitter-like microblogging service, to register under their real names starting Monday, state media reported.

Authorities explained that the new rules aim to protect web users’ interests and improve credibility of the websites as well as to “foster a healthy Internet culture.” According to the report, netizens may use their screen names for tweeting, but for registration real names would be required. The guidelines will include both private and corporate users. Continue reading

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2pont6billion.com Now Accessible in Mobile App

Free app brings our emerging Asia business news portals to your fingertips

Dec. 16 – The brand new Asia Briefing mobile application brings the latest emerging Asia business news from 2point6billion.com right to your fingertips.

The free app integrates with legal and tax regulatory updates from Dezan Shira & Associates, along with China, India, Vietnam, Russia and Mongolia Briefings. With hourly updates, it helps you stay on top of Asia’s dynamic investment environments. Continue reading

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Durban Climate Change Summit Yields Results

Dec. 13 – After two weeks of intensive talks, plus extending the meeting for another 36 hours, the 194 nations attending the United Nations climate summit in Durban finally approved a package of agreements to combat global climate change.

“We came here with plan A, and we have concluded this meeting with plan A to save one planet for the future of our children and our grandchildren to come,” said Maite Nkoana-Mashabane, the president of the Conference. “We have made history.” Continue reading

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China to Lead Desalination Efforts in Quest for Fresh Water

By Timothy Lam

Nov. 18 – China aims to become the world’s leading supplier of desalinated fresh water through investing heavily in research and development, and by placing goals to quadruple production by 2020 – from the current 680,000 cubic meters a day to as much as 3 million cubic meters per day.

However, water desalination is extremely expensive and, according to the New York Times, desalinated water costs twice as much to produce then it can actually sell for. Continue reading

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Chinese, South Korean, Indian Companies Lead Forbes Asia’s Fab 50 List

Sept. 14 – Forbes Asia came out with its Fabulous 50 Asian Companies in 2011 on Sunday. Forbes started “Asia’s Fab 50″ in 2005, and this year, for the first time in in six years, the list had no Japanese companies, and virtually half, 23, are from Mainland China.

“No country has ever boasted close to that number – including China – since we started spotlighting the region’s most fabulous companies in 2005,” the report said. Continue reading

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Dell and Baidu Team Up to Produce Tablets and Mobile Phones

Sept. 8 – For the information technology (IT) industry, this is an age when marriages between mobile/computer manufacturers and internet service companies prevail. Following Nokia’s partnership with Microsoft and Google’s acquisition of Motorola Mobility, the U.S. computer producer Dell on Tuesday also announced its cooperation plan with Baidu, China’s most popular search engine, on tablet devices and mobile handsets.

Baidu, the Chinese web service company that occupied 75.9 percent of internet search revenue in the Chinese market during the second quarter of 2011, has just launched its own mobile operating system Baidu Yi last week. The new system is technically a forked version of Google’s Android and will replace Android’s applications with in-house developed alternatives that target Chinese users. Continue reading

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Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at china@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


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