Search Results for: hong Kong
10 results out of 906 results found for 'hong Kong'.
CHINA STRUGGLES TO ERECT EFFECTIVE ANTI-MONEY LAUNDERING CONTROLS IN BOOMING ECONOMY AWASH WITH DIRTY MONEY
BY MARK GODFREY, in Beijing
A YEAR after China began enforcing its Law of the People’s Republic of China on Anti-Money Laundering – effective from January 2007 – observers are wary about the ability of the country’s understaffed enforcement agencies to keep pace with huge inflows of questionable funds into China’s booming economy.…
MULTINATIONALS' GRIP ON CHINA'S COSMETICS INDUSTRY LIKELY TO BE STRENGTHENED BY OLYMPIC MARKETING CAMPAIGNS
BY MARK GODFREY, in Beijing
A WALK down the supermarket aisles in a Beijing residential area reveals much about the state of China’s cosmetics scene. Pick up a bottle of shampoo at the Jingkelong (NOTE – SPELLING IS CORRECT) store on Gongti Bei Lu street (NOTE – SPELLING IS CORRECT) and chances are the blue-aproned assistants will shuffle over to recommend another.…
HONG KONG SHELLFISH, FINFISH AND CRUSTACEAN MARKET RECOVERS AFTER SARS CRISIS
BY MARK GODFREY
A GLANCE at the bustling Kwun Tong Wholesale Fish Market suggests Hong Kong’s live seafood market is thriving. Every morning with typical Hong Kong efficiency fish are hauled from holding tanks onto queuing trucks fitted with wooden boxes and air pumps.…
CHINA IS KEY SOURCE OF GLOBAL COUNTERFEIT CAR PARTS TRADE SAYS OECD
BY KEITH NUTHALL
CHINA has been baldly accused of hosting much of the world’s booming counterfeit auto parts production. A detailed report by the planet’s largest think tank – the Organisation for Economic Cooperation and Development (OECD) – said: "China has been repeatedly identified as the principal source of counterfeit activity in the automotive sector, involving both trademark and design infringements.…
SOUTH KOREAN SEAFOOD INDUSTRY FIGHTS TO BOOST EXPORTS AS SUPPLY PROBLEMS LOOM
BY KARRYN CARTELLE
THE SIGNING of a bilateral Free Trade Agreement (FTA) between South Korea and the United States is expected to fuel an already booming seafood trade. And with the Koreans having a host of other FTAs in the works, it appears this seafood-producing nation will use free trade agreements to push its seafood products to every continent.…
MACAO BOOSTS MONEY LAUNDERING CONTROLS ON PAPER - EXPERTS ARE NOW MONITORING ENFORCEMENT
BY DINAH GARDNER, in Macao
IT’S the world’s biggest casino. With 1,150 gaming tables and 3,400 slot machines, the US$2.4 billion Venetian Macau Resort opened its doors last month [August 28] in Macau, a special administrative region (SAR) of China near Hong Kong.…
CHINA'S LARGEST SELLING CIGARETTE BRAND SHAPES UP FOR EXPORTS WITH LOW TAR AND BETTER PACKAGING
BY MARK GODFREY, in Yunnan province, China
"MEDIOCRITY and non-merit are wrong!" The resolute call to excellence in Chinese characters greets visitors the lobby of the twenty floor hemispherical office tower to which visitors to Yuxi Hongta cigarette plant.
Run by the state-owned Hongta group, the Yuxi plant hires a staff of 2,500 to produce an annual 2.5 million cases of cigarettes, including iconic local brands like Yuxi, Hongmei and Hongtashan, as well as Imperial Tobacco’s West brand.…
EU COUNTERFEIT FIGURES SHOW BOOM IN EU COSMETICS COUNTERFEIT SMUGGLING
BY KEITH NUTHALL
THE BOOM in counterfeit cosmetics and perfumes being smuggled into the European Union (EU) is intensifying, according to the latest figures from the European Commission. It says EU customs officials seized 1.5 million counterfeit personal care products in 2006, up 128% on 2005.…
EU COMMISSION SAYS CLOTHING COUNTERFEITING IS ON THE INCREASE
BY KEITH NUTHALL
A BOOM in counterfeit clothing accessories being smuggled into the European Union (EU) has overshadowed a fall in the trade in fake sportswear, according to the latest figures from the European Commission. It says EU customs officials seized 30 million items of clothing and accessory fakes last year, up 175%.…
EU COMMISSION SAYS CLOTHING COUNTERFEITING IS ON THE INCREASE
BY KEITH NUTHALL
A BOOM in counterfeit clothing accessories being smuggled into the European Union (EU) has overshadowed a fall in the trade in fake sportswear, according to the latest figures from the European Commission. It says EU customs officials seized 30 million items of clothing and accessory fakes last year, up 175%.…