Sime Darby Plans to Invest $851 Million on Palm-Oil Refineries in China Aug 28, 2009
The company has set up a joint venture in China with Dongguan Sinograin Oils & Grains Co. which will focus on the refining, storage and sale of palm oils and fats, it said in November. Palm oil has tumbled more than 45 percent since a record of 4,486 ringgit in March last year as demand for food declined amid the worldwide slowdown. (Bloomberg -- Asia)
No minor accomplishment Aug 20, 2009
Reportedly, Nick Watney and John Merrick will be representing the United States at this year s World Cup, scheduled for Nov. 26-29 in Dongguan, China. Critics poking Solheim s weak field The 11th installment of the Solheim Cup begins tomorrow, with the US team having won seven of 10 previous competitions, hosting this year at Rich Harvest Farms outside Chicago, and the prohibitive favorite. (Boston Globe)
Lost iPhone prototype spotlights counterfeiting Jul 31, 2009
Sun Danyong, the 25-year-old suicide victim who worked at contract cellphone maker Foxconn International's massive gray and white factory complex in Dongguan, had 16 prototypes of Apple's new fourth-generation iPhone in his possession, according to the Taiwanese company. When one went missing, Foxconn's security guards raided his apartment, according to a report in the People's Daily. (MSNBC -- Crime)
China takes baby step to reduce dependence on dollar Jul 29, 2009
The new project allows some importers and exporters in Shanghai, Guangzhou, Shenzhen, Dongguan, and Zhuhai cities at the heart of China's export world to settle cross-border deals in China's currency. It would also allow renminbi trade with Hong Kong and Macau, and possibly later with Southeast Asian countries. (Christian Science Monitor)
China's concubine culture is back Jul 25, 2009
Addressing government and party officials in the prosperous city of Dongguan in Guangdong province earlier this month, Qi Peiwen, a senior official with the party's Central Commission for Disciplinary Inspection, warned officials against "beautiful women," saying that having a mistress proves an easy way for an. official to become to corrupt. (Asia Times Online)
Season Components eyes high-end electronic components market Jul 22, 2009
The plan was to extend the work currently done in Dongguan, China to this new plant, he added. The plant would initially hire some 200 workers and eventually increase headcount to about 1,000, he said. (The Star Online, Malaysia -- Business)
Growth slumps in Chinese boomtown Dongguan Jul 21, 2009
DONGGUAN, China The southern Chinese boomtown of Dongguan posted economic growth of 0 ... The dismal growth figure marked a spectacular slowdown for Dongguan, which averaged about 20 percent annual economic growth since 1980 as it fed global demand for everything from toys and shoes to mobile phones and computers ... The paper also quoted finance professor Lin Jiang at the prestigious Zhongshan University as saying that Dongguan will need a miracle to reach its 10 percent growth target. (The Star Online, Malaysia -- Business)
Public Bank partners BoC Jul 16, 2009
In a joint statement yesterday, the banks said initially the service would cover Shanghai, Guangzhou, Dongguan, Zhuhai and Shenzhen. Only designated and eligible enterprises in China are allowed to settle their cross-border trade transactions for both imports and exports in yuan, they said. (The Star Online, Malaysia -- Business)
China Risks Apple's Reputation by Letting Factories Ignore Worker Pay Law Jul 14, 2009
Dong Zhanli endured 16-hour days in a Dongguan factory, assembling DVD players for , she said. The 21-year-old toiled weekends and holidays, lost wages after drilling a screw into her finger and was screamed at by her foreman -- all for about 1,200 yuan a month, she said. (Bloomberg)
Xinjiang: Views from China Jul 11, 2009
Uighur migrant worker, Dongguan, Guangdong province. This Uighur man, who has been working in Guangdong province for five years, wanted to remain anonymous. (BBC News -- Asia-Pacific)
Yuan settlement takes off smoothly Jul 11, 2009
Four months later, the government designated Shanghai and four cities in Guangdong province Guangzhou, Dongguan, Shenzhen and Zhuhai as participants in a test on the use the yuan for cross-border transactions. The first yuan trade settlement was carried out in Shanghai on July 6. (The Star Online, Malaysia)
Read Indepth Article Jul 7, 2009
The 2008 series Great Economic Retreat features the industrial ruins of factories in Dongguan, Southern China, recently and hastily abandoned by companies chasing ever lower productions costs. His images capture the empty production workshops and the deserted dormitories of factories often shut down literally overnight. (AbsoluteArts.com)
BOC transacts first cross-border yuan settlement Jul 6, 2009
China's State Council, or Cabinet, announced in April a pilot program to allow exporters and importers in Shanghai, and southern Guangzhou, Shenzhen, Zhuhai and Dongguan cities to settle cross-border trade deals in Renminbi(RMB), or yuan. China last week issued detailed regulations for the pilot program for cross-border trade settled in yuan. (Xinhuanet, China)
BOCHK to launch RMB trade clearing services in HK Jul 5, 2009
BOCHK, as a participating bank of RMB business, will take the lead in launching a wide spectrum of RMB trade settlement and finance services for its corporate customers to conduct RMB- denominated trade transactions such as remittances, collections and L/C services between Hong Kong and Shanghai, Shenzhen, Guangzhou, Dongguan and Zhuhai, said the vice chairman. Editor: Yan. (Xinhuanet, China)
Yuan for the road Jul 3, 2009
After People's Bank of China (PBOC) issued detailed measures yesterday to regulate a pilot program for cross-border trade settlement, companies in Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan can use the yuan to settle deals with Hong Kong, Macao and regional trade partners. The move is also important because it will reduce foreign-exchange risks and transaction costs considerably for Chinese exporters, smarting from the impact of the worst global economic crisis in decades. (Xinhuanet, China)
FEATURE - In China, parents mourn children abducted by traffickers Jun 29, 2009
DONGGUAN (Reuters) - In the quiet village of Shang Di, wedged among factory towns in southern China, Deng Huidong wheels out a dusty two-seater tricycle that her 9-month-old son rode the day he was abducted outside her family house in 2007. Photographs of some of the lost children in Dongguan area are shown on a banner at the home of one of the mothers in Dongguan in China's southern Guangdong province June 10, 2009 ... "In one case, the traffickers even dared to abduct a child right inside a... (The Star Online, Malaysia)
* THE LIBERTY TIMES EDITORIAL: China is no heaven for businesses Jun 23, 2009
The other story was about a Taiwanese business in Dongguan in Guangdong Province, where two Taiwanese businesspeople were stabbed to death and another was seriously injured by a factory employee. According to media reports, the employee had been working at the company for less than a month when he lost his right hand in a work-related accident. (Taipei Times, Taiwan -- Sports)
S China primary school reports 30 A/H1N1 flu cases Jun 22, 2009
Twenty-four students in Shipai Township Central Primary School in Dongguan City fell ill on Thursday and Friday ... Those who had close contact with the pupils have been ordered to stay at home for observation, the Dongguan city government said ... The students had not left Dongguan for 10 days before they caught the flu, and there were earlier no such flu cases in the city. (Xinhuanet, China)
WHO: Number of A/H1N1 cases in China's mainland mildly rising Jun 21, 2009
Photo taken on June 20, 2009 shows a cameraman shoots video during the meeting to control A/H1N1 flu at the Shipai County government office in Dongguan, south China's Guangdong Province, where six new cases of A/H1N1 flu had been confirmed on Friday June 19, 2009 ... Photo taken on June 20, 2009 shows a cameraman shoots video outside the classroom at Shipaizhen central primary school in Dongguan, south China's Guangdong Province where six new cases of A/H1N1 flu had been confirmed on Friday June... (Xinhuanet, China)
China images through a westerner's lens on show Jun 20, 2009
It will move to Guangzhou and Dongguan after the show in Fujian, which signifies the route of Thomson's footsteps in China, she said. The exhibition in the Fujian museum from Monday to Aug. 15 consisted of 148 pictures taken by Thomson in China between 1870 and 1872. (Xinhuanet, China)
Fears unfounded? Jun 19, 2009
Before the downturn, he ran a factory in the Guangdong city of Dongguan that supplied plastic products to a larger plant ... Six months on, Mr Liu is back in Dongguan. (BBC News)
* Family members of slain businessmen go to China Jun 18, 2009
A disgruntled factory worker in Dongguan fatally stabbed the two men on Monday, leaving a third Taiwanese critically injured. Family members have complained that they hadnt received any assistance from the government. (Taipei Times, Taiwan)
* Two businessmen slain in China Jun 17, 2009
A disgruntled Chinese factory worker in Dongguan, Guangdong Province, fatally stabbed two of his Taiwanese employers on Monday and left a third critically injured, a Chinese-language newspaper reported yesterday ... Lins older brother Lin Fu-chien (LI), who was also in Dongguan, was quoted by the United Evening News as saying his brother was a decent man and he had died in vain because he had nothing to do with this. (Taipei Times, Taiwan)
A city on fast track to financial eminence Jun 16, 2009
In April 2009, five major trading cities (Shanghai, Guangzhou, Shenzhen, Dongguan and Zhuhai) got the central government's nod to use the yuan in overseas trade settlement. That's a critical move toward making the yuan an international currency. (Xinhuanet, China)
* EDITORIAL: Subsidizing Chinese growth May 31, 2009
Growing cross-strait business is a good sign, but recent allegations that the Dongguan City Government had offered to subsidize Taiwanese businesses operating there to list on the Taiwanese stock market have raised alarm bells in Taiwan. Chinese Nationalist Party (KMT) Legislator Lo Shu-lei (Q) said last week that the Chinese city government had offered some 20 Taiwanese businesses operating in Dongguan, Guangdong Province, a subsidy of 20 million yuan (US$2 ... Lo warned that allowing... (Taipei Times, Taiwan -- Business)
* KMT lawmaker warns Chinese subsidy offer to firms could undermine Taiwan May 30, 2009
Lo said she had received information from China-based Taiwanese businesspeople that the Dongguan City Government had offered Taiwanese businesses in the city a 20 million yuan (US$2 ... What could the Dongguan City Governments motive be ... Lo said the offer applied only to companies headquartered in Dongguan and whose annual turnover was more than NT$1 billion (US$3 million). (Taipei Times, Taiwan)
China reports 1st domestic flu infection May 29, 2009
They traveled to Guangdong's Dongguan city, Shenzhen and Hong Kong by car on several occasions. On Wednesday they were found to have fevers while crossing border at Shenzhen from Hong Kong, and were sent to hospital for treatment. (Xinhuanet, China)
LICENSING International Expo 2009 Exhibitor Profiles May 28, 2009
Globally anticipating customer needs, Univenture has sales and manufacturing operations in Marysville, Ohio; Reno, Nevada; Dublin, Ireland and the Dongguan province of China. . (Yahoo! Wire -- Entertainment News)
Mixed views on when tech sector will pick up May 26, 2009
Teh said the plant in Dongguan, China, manufacturing mainly actuators, should contribute about 25% to the groups revenue. The groups capital expenditure would be minimal, not exceeding RM15mil for 2009, Teh said, adding: Our production capacity is presently 70% to 80% utilised, and it can be increased easily by instituting overtime should the need arise. (The Star Online, Malaysia -- Business)
Taiwan-China business ties grow as barriers fall May 22, 2009
Footwear-maker Pou Chen says it will soon select a Chinese partner to jointly operate dental clinics on the mainland using the ceramic dental materials produced by its factory in the southern Chinese city of Dongguan. Another Taiwanese company, Far Glory Group, is discussing a joint venture with China's leading property developer, Country Garden Holdings Co., to build large residential complexes in both Taiwan and the mainland. (Atlanta Journal-Constitution -- Business)
Chinese exporters tap into home market May 18, 2009
"We sell them at factory-gate prices, but buyers still bargain. That makes me mad," said Zhou, a Taiwanese senior manager of Poly Dragon Industrial, which is based in the booming city of Dongguan neighboring Guangzhou, capital of China's manufacturing base Guangdong Province. The trade fair she attended was co-organized by Guangdong and Hong Kong-listed e-commerce giant Alibaba. (Xinhuanet, China)
After car, time for housing boom May 15, 2009
The prices in Shenzhen, Guangzhou, Dongguan and other cities in the South have plummeted by more than 30 percent since the end of 2007, figures show. Weekly or monthly transactions tumbled in Beijing, Shanghai, Tianjin, Chongqing and all the major cities in the country, as the wait-and-see mood has developed among the potential buyers. (People's Daily Online, China)
Beijing wizardrydoes the trick May 14, 2009
Apartment sales in Dongguan, a heavily industrialized part of southern Guangdong province hard hit by the export downturn, dropped last year by 40%, according to the information website of the Dongguan housing administration bureau. Not so, according to a report by the Guangdong statistics bureau and a task force deployed by the National Bureau of Statistics (NBS), which claims sales fell only 10%, to 5. (Asia Times Online)
Chinese firm Goldstar suing Proton for alleged breach of trust May 7, 2009
The judgment made by the arbitration court in Singapore has still to be referred to the Chinese People s Court for final conclusion, he said, adding that the case would be heard at the Dongguan Intermediate People s Court. Goldstar, Proton s former joint-venture (JV) partner in China to manufacture cars, is seeking about one billion yuan (RM520mil) in compensation for alleged breach of contract. (The Star Online, Malaysia -- Business)
Chinese cities grow fastest, but competitiveness low Apr 16, 2009
The ten cities are Baotou and Hohhot in the northern Inner Mongolia Autonomous Region, Yantai, Weifang and Weihai in eastern Shandong Province, Dongguan, Zhongshan and Huizhou in southern Guangdong Province, and Wuhu and Hefei in eastern Anhui Province. However, Chinese cities ranked at only medium or low levels among world cities in terms of overall competitiveness, the report said. (Xinhuanet, China)
Yuan edges into place as international trade currency Apr 16, 2009
Last week, the State Council (Cabinet) gave the green light to five major trade cities -- Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan -- to use the yuan, also known as Renminbi, as an option to settle international trade deals ... Cui Xiaolong, general manager of Honny Power based in Dongguan, Guangdong, said that in the second half of last year when exchange rates fluctuated wildly, a deal with a partner in South Africa, which was agreed in dollars, was delayed for two months ...... (Xinhuanet, China)
Province a gauge to China's economy Apr 16, 2009
If you've purchased a watch, shoes or a cell phone in the past decade, they're likely to have passed through the hands of a worker in boom towns such as Shenzhen, Guangzhou and Dongguan. An army of immigrant workers has turned Hong Kong border towns such as Shenzhen from a fishing village into a city of millions in the past three decades. (CNN -- International)
Chinese economy shows positive changes Apr 12, 2009
In response to questions about the trial of cross-border trade deals in the Chinese yuan, Wen said the central government has decided to test the program in the city of Shanghai, as well as four cities in south China's Guangdong province -- Guangzhou, Shenzhen, Dongguan and Zhuhai. Hong Kong and Macao will be included in the pilot program, and ASEAN members will become the first group of foreign countries to benefit from the scheme, Wen said, adding the regulatory documents governing the pilot... (Xinhuanet, China)
Yuan trade settlement to start in five Chinese cities Apr 10, 2009
Shanghai and four cities in the Pearl River Delta - Guangzhou, Shenzhen, Dongguan and Zhuhai - have been designated for the purpose, said a State Council meeting chaired by Premier Wen Jiabao yesterday. The Pearl River Delta boasts the country's largest cluster of export-oriented manufacturing operations. (Xinhuanet, China)
It's the currency, stupid! Apr 9, 2009
The State Council, headed by Premier Wen Jiabao, launched the pilot project on April 8, by naming Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan to try out the scheme. Though details on how the plan evolves and cascades remain in the pipeline, we have ample confidence that the policy-drawers led by the central bank Governor Zhou Xiaochuan and Trade Minister Chen Deming, who are advised by the country's home-groomed business wizards, will ante up for a neat success. (People's Daily Online, China)
Slowdown's Gift To Beijing: Cleaner Air Apr 5, 2009
For example, the factory city of Dongguan reported more than a dozen days in the first half of 2008 when the air pollution index topped 100, a level considered unhealthy for sensitive groups including infants and the elderly. But in the second half of the year, there were only two such days. (CBS News -- World)
* Minister expecting cash inflow Apr 4, 2009
Other than big corporations that have doubts about coming back to Taiwan, Andrew Yeh (Ka), head of a Taiwanese businessmens association in Dongguan, China, said government measures should also favor SMEs. After all, the Taiwanese business landscape continues to be SME-dominated, he said. (Taipei Times, Taiwan -- Sports)
OECD expects world economy to shrink in 2009 Mar 20, 2009
AFP/File Chinese workers produce components at a factory in Dongguan, 2008. The world economy is likely to shrink. (Yahoo News -- Top Stories)
Jobless flock to China job market Mar 5, 2009
Advertisement The BBC's Robert Peston visits a job fair in Dongguan in southern China, and finds crowds of people competing for few jobs and falling wages. SEE ALSO. (BBC News -- Business)
Chinese officials grapple with slowdown Feb 28, 2009
Workers laden with heavy bundles arriving at Dongguan East Railway Station, one of the main disembarkation points for migrant workers employed in factories in the manufacturing-heavy region in the southern Chinese province of Guangdong ... She said she arrived four days ago and first looked for factory work in the city of Dongguan, about an hour train ride south ... In recent weeks, leaders of prosperous Guangdong cities including Shenzhen and Dongguan have announced economic growth estimates... (MSNBC -- Business)
Good Life China (GLCC) Closes Acquisition of Shenzhen Bread Co. Feb 21, 2009
With gross revenues in the 10 million Yuan range, and a 20% net profit ratio, the Company is in an excellent position to continue to grow through cooperation agreements and by expanding its geographic footprint to build regional bakeries servicing a growing franchise chain network around the Pearl River Delta (including the principal cities of Dongguan, Huizhou, Zhuhai, and Guangzhou in Guangdong Province). Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain... (PR Newswire)
Tricky times for Chinese business Feb 20, 2009
On the road through Dongguan, a sprawling industrial city roughly halfway between Guangzhou and Shenzhen, building after building residential as well as industrial displays red banners advertising its availability ... The rapid collapse of economic activity around Dongguan indicates that China s private companies are being subjected to the same battering as their counterparts in many other countries ... Around Dongguan, local officials no longer seem bothered about pushing the region towards... (The Economist)
IT supplier blasted for exploiting its workers Feb 19, 2009
The China offices of IBM, Microsoft, Dell, Lenovo and Hewlett-Packard told Shanghai Daily that they welcome a probe into accusations by a U.S.-based non-government group spotlighting substandard working conditions at Meitai Plastic and Electronics Co, a producer of computer equipment for the five firms in Dongguan City, Guangdong Province ... The tech giants all emphasized that Meitai, which manufactures keyboards and printer cases and is owned by Taiwan entrepreneurs, was a subcontractor and... (Xinhuanet, China)
Job-hunting TV channel for migrant workers in S China Feb 18, 2009
Smart Union Group (Holdings) Limited, a Hong Kong listed company and supplier to U.S. Mattel Inc., whose two factories in Dongguan, Guangdong, were shut down on Oct. 15 laid off more than 7,000 workers. A total 452,000 migrant workers became unemployed and were forced to leave Guangdong in the past year. (Xinhuanet, China)
Return of jobless migrants strains China Feb 17, 2009
For Lei Sanjun, 25, who spent seven years making sneakers in the coastal factory city of Dongguan in Guangdong province, government help will take too long to transform Bamboo Pole. "My hometown is backward. Just look at the poor roads and few factories here," he says. (USA Today)
* TAITRA set to open four new offices across China Feb 17, 2009
To help China-based Taiwanese businesses tap into the market, TAITRA will send delegations to China from today until March 6 to hold a series of briefing sessions in about 10 cities, including Qingdao, Dongguan, Xiamen, Shenzhen, Quanzhou, Chengdu, Shanghai, Nanjing and Beijing, said Wu Lee-min (), director of TAITRAs information technology center. Most Taiwanese companies operating in China are export oriented, which have been hard hit by the economic downturn. (Taipei Times, Taiwan -- Sports)
Struggling for a job in China Feb 13, 2009
DONGGUAN, China - Xian Yuguo has a tattoo on his left arm with the Chinese character for wealth ... At a job fair in Dongguan, one of Guangdong's biggest manufacturing cities, recruiters sat behind large sign boards plastered with help-wanted notices from factories that make everything from iPods and furniture to Adidas and Reebok sneakers. (MSNBC -- International)
Newsweek: The end of the Chinese dream? Feb 12, 2009
An End to the Chinese Dream. to join the NEWSWEEK community, post comments and subscribe to our e-mail newsletters. (MSNBC -- International)
Vice Premier: boost employment, guarantee people's living Feb 10, 2009
Chinese Vice Premier Li Keqiang (C), who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, shakes hands with a job seeker at a personnel market in Dongguan, south China's Guangdong Province, Feb. 8, 2009. Li Keqiang paid a visit to Guangdong Province from Feb. 6 through 9. (Xinhuanet, China)
Job prospects bleak in China's export hub Feb 9, 2009
DONGGUAN, China Train and bus stations in China's southern export hub are swollen with migrant workers returning from their annual holiday but the signs are not good for many hoping to find their factory open or seeking new jobs ... Xie Fuyuan, a 26-year-old migrant worker from a small mountain village in Guangdong province, waits at a bus station after arriving at Dongguan East Railway Station ... Dragging two suitcases in a wobbly line while jostled by migrant workers spilling from trains at... (Globe and Mail -- Business)
China's unemployment swells as exports falter Feb 8, 2009
In the factory city of Dongguan, adjacent to Guangzhou, many plants have deferred reopening for up to three weeks for lack of orders from the United States and Europe, said Eddie Leung, the chairman of the Dongguan Association of Foreign Invested Enterprises. At Fortunique, a manufacturer of hospital gowns and other protective wear on the southern outskirts of Guangzhou, about 50 men and women showed up early Thursday morning looking in vain for jobs. (International Herald Tribune -- Business)
Remaking 'Made in China' Feb 8, 2009
Children's shoes on display at China Shoetec, a trade fair held in the manufacturing city of Dongguan, China ... He recently opened a boutique design studio in Dongguan ... Since the opening of the Chinese economy in the late 1970s, the Pearl River Delta region of Guangdong Province, home to Dongguan, has lured shoe manufacturers - mostly from Taiwan and Hong Kong - with the promise of cheap land, lax regulations and a seemingly endless supply of low-cost workers. (International Herald Tribune -- Business)
1st liquefied natural gas shipment arrives in Guangdong Feb 8, 2009
A CNOOC statement said 65 percent of the LNG would be used for power generation and the other 35 percent was allocated to domestic users in Shenzhen, Dongguan, Guangzhou, and Foshan cities of Guangdong, and Hong Kong. The project was expected to change China's energy supply and consumption structure, which had been based mainly on coal, said experts. (Xinhuanet, China -- Business)
