Wednesday, May 30, 2012

Asian markets fall worried about Spain and China

Stock markets in Asia open Monday fall amid of concerns regarding the growing financial problems of Spain and the information that the Chinese Government not a stimulus package for its economy to revive.

Part time, the Nikkei index of the Tokyo Stock Exchange fell 1%, as the stock market of Seoul and Australia markets, while the Hong Kong Hang Seng Retrajo 2.1%.

Xinhua published the news in the official service of China, to deny that a massive plan of economic programmes as between operators became ill.

The text of the Agency's website and on other way Chinese agreed information that contradicts the given recently took over China's leaders, who are willing limited measures to revive the economy.

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Tuesday, May 29, 2012

China and United States have a relationship "film"

Gerry Lopez (izq.) y Zhang Lin Wanda will pay US$ 2.6 billion to do with AMC.

China entertainment industry has given a clear sample of their global ambitions with the announcement of the acquisition of the American Cinemas chain AMC by the conglomerate Dalian Wanda Group, owned by one of the richest men in the Asian nation.

The purchase transaction of which is the second largest chain of showrooms of United States - valued at US$ 2.6 billion - Wanda become the largest owner of cinemas by income of the planet and give access to the Chinese company the main film market in the world.

According to analysts, this agreement shows how in recent years the film industries of China and USA.UU. they have decidedly opted for closer ties and increase synergies.

"This acquisition is one further step in the integration of the film market Chinese and American", he told BBC World Lucas Shaw, editor of The Wrap, publication based in Los Angeles, California, specializing in the entertainment industry.

"Recently has increased much cooperation between the US film studios."UU. "companies and Chinese and after this agreement is to be expected that this will increase", said Shaw.

According to remember the editor of The Wrap, in recent years "have seen as globalization came to many types of industries" and, in his opinion, "the film industry is one more".

Cine WandaWanda is the owner of the third cinema Exhibitor in China.

Founded by millionaire Wang Jianlin, Dalian Wanda Group has business in the field of real estate, hotels and shopping malls, to name a few.

Wanda is also owner of the third cinema Exhibitor in China, which has 86 theaters with 730 screens.

With the purchase of AMC, Wanda takes control of the 346 cinemas and more than 5,000 screens that the company has in the United States.UU. and Canada.

As it became known this Monday to announce the agreement, the Chinese company plans to invest $500 million in AMC. Part of this capital will be destined to pay off some of the debts of the company, recorded a loss of $73 million in the last quarter of 2011.

"This acquisition gives more power to Wanda to negotiate with film studies and US distributors, as it now has the second exhibit in the United States."UU. "and with one of the largest in China," said Lucas Shaw.

According to the journalist of The Wrap, realized this operation - which still must receive approval from the regulators of both countries - "Wanda might want to exhibit more Chinese movies in theaters in the United States.""U.S., but at the end they end up showing films that make them sell more tickets, are these Chinese, American or French".

Cine en ChinaLast year China recorded a 30 per cent increase in the sale of movie tickets.

Shaw agreed with some analysts that the Hollywood industry will also benefit from the agreement "that this might give more access to the productions of United States."UU. "to the Chinese market".

Also ensures that the Chinese company may exploit the knowledge and technology of AMC, "which will be used to expand within the Chinese territory" in formats like 3D or the Imax.

According to the Los Angeles Times, last year China recorded a 30 per cent increase in the sale of movie tickets to US$ 2,100 million, surpassing Japan as the largest foreign market for Hollywood films.

Although that is only a fraction of the US$ 10.200 million obtained at the box office in the United States.UU., must be borne in mind that the sale of tickets in the latter country is decreasing.

Is why U.S. companies are rushing to take positions in the Chinese market is expected to continue to grow rapidly in the coming years.

The purchase of AMC by Wanda is only the latest in a series of agreements signed between American and Chinese companies in the field of entertainment.

DisneyCompanies in the United States.UU. as Disney have signed collaboration agreements with Chinese firms.

Last February, the Dreamworks Studio announced it joined with China Media Capital to form Dreamworks East, which will be headquartered in Shanghai and will produce films of animation and action for a family audience, both inside and outside China.

Meanwhile, in April Disney made public agreements to contribute its expertise to Chinese producers in fields such as the development of scripts and human resources to capture local talent.

Another models recently exploited by American companies has been the create joint ventures with Chinese producers to produce films in English and sell them around the world.

This should add the trend to American productions adapt increasingly their contents to the audience of the Asian nation, incorporating themes, scenarios or stakeholders that they are more familiar.

But despite the steady increase in collaboration between the film industries of the two countries, the Hollywood studios still face two great challenges in the Chinese market: piracy and the quota system imposed by the Beijing Government to foreign films.

This system of assessments - which currently allows only the display of 34 foreign films per year (some of which must be in 3D or Imax theatres) - must be added the scheme of distribution of profits that studies gives a percentage of the collection of ticket office less than that you get in the United States.UU.

Analysts believe that the agreement reached between Wanda and AMC could contribute to relax some of these restrictions.



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The magnetism of the riches of China for the stars of football

The Shanghai Hongkou Stadium draws less than 10,000 fans for a proper party.

The China football teams were to spend before recently money. Lot of money.

Nicolas Anelka, France Exdelantero, was discontinued in January for Shanghai Shenhua and will earn around $ 313.000 per week.

And now there is speculation that this could be Didier Drogba, the figure of Chelsea in the Champions League final, steps from his sidelines towards China by an even higher number.

The problem is that when examining the finances of the China Super League as that of first division is known, the numbers not Jibing and economic losses are great.

Millionaire owner

Shanghai Shenhua away from teams in the Premier League, where he played Drogba and Anelka played.

In a normal game, the Hongkou Stadium draws less than 10,000 fans although it is suitable the 33,000 operation.

The Club annual income is US$ 3.1 billion, a budget, that for a week you would serve to Chelsea.

And yet the Chinese Club spends five times their income at the level of a single man, Anelka and bet by Drogba.

But the team is, is its owner while not rich.

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Sunday, May 27, 2012

China will buy the largest chain of cinemas in the United States.UU.

AMC Entertainment HoldingsA Chinese conglomerate announced that it will buy the largest American Cinemas chain in what will be the largest acquisition of a Chinese company in the United States.UU. to date.

The Chinese firm Dalian Wanda Group stated that it will pay US$ 2.6 billion to take charge of the American AMC Entertainment Holding, which has about 350 cinemas in North America.

The company said it plans to important investments in the chain and denied suggestions that will promote the Chinese films in the United States.UU...



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Friday, May 25, 2012

China will buy the largest chain of cinemas in the United States.UU.

A Chinese conglomerate announced that it become the largest American Cinemas chain in which the largest acquisition of a Chinese company in the United States buy.UU. to this day.

The Chinese company Dalian Wanda Gruppe said that the American AMC Entertainment holding, about 350 cinemas in North America take it over has paid$ 2.6 billion.

The company said that it is planning major investments in the chain and rejected proposals that will encourage the Chinese films in the United States.UU...

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China and the United States have a relationship of "Film"

Wanda is the owner of the third cinema Exhibitor in China.

Wang Jianlin, Dalian Wanda group was founded by millionaire company in the field of real estate, hotels and shopping malls, but a few to name a few.

Wanda is also owner of third cinema exhibitors in China, which has 86 theatres with 730 screens.

With the purchase of AMC, Wanda takes over 346 cinemas and more than 5,000 screens, the company in the United Staaten.UU. and Canada.

On Monday, the agreement to announce became known, as the plans to the Chinese company invest $500 million in AMC. Part of this capital will be determined, paying some of the debts of the company, recorded a loss of 73 million dollars in the last quarter of 2011.

"This acquisition gives more power to Wanda with film studies and U.S. dealer to negotiate, as it now has the second exhibition in the United States."UU. "and with one of the largest in China," said Lucas Shaw.

"According to the journalist of the wrap, this operation - realized, nor approval by the regulators of both countries require"Wanda could more Chinese films in theaters to exhibit in the United States."""United States, but at the end of land they films that they sell more tickets to make, are these Chinese, American or French".

Access to the Chinese market

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Thursday, May 24, 2012

New trade confrontation between United States and China

China responded angrily to taxes anti dumping implemented by United States in what is the latest trade dispute between the two countries.

He said that the imposition of levies of between 31% and 250% for the imported solar panels were unfair and protectionist measure and that it will lead to trade friction.

United States accused the Chinese manufacturers sell their products below the cost to get out of the business to American companies.



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China grows and rapidly aging

Personas mayores jugandoChina's economic miracle has been accompanied by a stunning and rapid ageing of the population. Could back old too fast is to end with the irresistible departure from China of poverty it be it?

What is happening in Shanghai, is happening in the rest of China. The city is ultra-modern. But it is also one that has a faster ageing around the world. And in this mark trend.

You can see it in the vast branch of the chain of furniture, Ikea stores. A canosa crowd shows little interest in furniture to come unarmed.

Mr Ni is 72, he is unmarried and wears a tweed Cap with elegance. "This is a very good place to speak with people," he said.

The restaurant running in-store offers cheap food that tempts them to couples who are equipping your home. But this part of the store is full of older people, who come to flirt, find love.

"The speed of ageing of China is unique."

Peng Xizhe, Professor and Fudan University demographer

Nor is a widower whose children have already left the family home.

"Me is easier to speak to women whose husbands have been killed," he said. "I know how hard it is."

Under protest, Ikea managers have designed a special area for the elderly without a partner. Throughout the city, Shanghai is getting old.

"Before falling off, used to like go dancing", said Mrs Zhang, aged 77, about her husband.

Es muy difícil encontrar mano de obra joven en China.It is difficult to find a worker for entrepreneurs, and the cost of labour is on the rise

He looks at it. Since that he had an accident two years ago, he suffered from dementia.

The couple lives in a small one bedroom apartment. "I have to take care of it by myself," he said.

The brightness of Bund, an avenue of skyscrapers, is nearby. But behind them there are hundreds of cement blocks in poor state statements of greater and poor people.

The average age increases with the development of the countries, because people live longer and have less children. But in China, the one-child policy has caused a rapid decline in the birth rate.

"The speed of ageing of China is unique," says Professor Peng Xizhe, a demographer from Fudan University.

China only took 20 years to achieve an age profile than Britain or France led them to 60 or 70 years, explains.

New figures show that one of four permanent residents of Shanghai is retired.

The rest of China is reaching. By 2050, one third of the population of the country - 450 million people - will have more than 60 years.

Mrs Zhang silent to her husband when he starts to complain. The couple survives with its around factory worker pension of US$ 63 a week.

"We are really concerned about this." "In China we have become older but we are still in a very poor situation."

Jerry Mo, former foreman, now entrepreneur

She worked in a clandestine factory, so it does not charge retirement.

Volunteers from local government visit to the couple, but beyond that, the care is minimal. The doctors do home visits.

Across China, less than 2% of adults will find a place at a residence in the State. The beds are occupied.

"We don't have enough money for a private residence, or to pay someone to come and help me," says Zhang, with the tension that transmits his face.

The social assistance system struggle with the number of elderly people who need care.

10 Million qualified agreement racing is needed to a Committee of the Government. So far there are only 100,000 across China.

Until recently, this didn't matter much. Traditionally, the elderly lived with their children under the values of Confucius as the of "many generations under one roof".

But due to the strict birth control, many already retired people have a child, so this is no longer an option.

The only daughter of the Zhang lives with her in-laws, and returns for a few nights a week at the home of her parents to give them a hand.

"Chinese society has not been prepared with regard to their pension and its social security system", says Professor Peng Xizhe. "People are concerned".

Chinese leaders are also concerned by ageing, but for a different reason. They fear that the Chinese economic model could be crumbling.

The Chinese system, based on exports, supports a seemingly inexhaustible young workforce. Research suggests that a quarter of the Chinese economic success depends on the cheap labour force.

Shanghai has notably supported rural migrants to mask the problem of the ageing of their local populations.

TrabajoThings have changed, it costs employers hire.

But in the midst of the contamination of Yiwu, South of Shanghai, it is clear that the supply of young people is disappearing.

"It is really hard to find new workers, and the cost of labour is increasing," said Jerry Mo, an excapataz who borrow much to open his own small factory two years ago.

"Its 40 workers cut, shape and baked plastic into products from bisutería." There are many empty areas of the factory.

"You can see how an aging society affects the labour force," he said.

There is an acute shortage of manpower.

In addition, migrants - who have to help their own parents - are shying away more and more to find work in their places of origin.

Jerry Mo says workers are demanding higher wages but he can not afford them. "We are turning into a company that does not give gains", he said.

The lack of young workers hits china's economy just when you need to pay for the elderly.

There is a Chinese saying about why the country is so concerned. China, they say, will become "too old to be rich".

Despite its economic success, China is still a developing country.

"We are really concerned about this," says Professor Peng. "In China we have become older but we are still in a very poor situation."



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Tuesday, May 22, 2012

China will buy the largest chain of cinemas in the United States.UU.

AMC Entertainment HoldingsA Chinese conglomerate announced that it will buy the largest American Cinemas chain in what will be the largest acquisition of a Chinese company in the United States.UU. to date.

The Chinese firm Dalian Wanda Group stated that it will pay US$ 2.6 billion to take charge of the American AMC Entertainment Holding, which has about 350 cinemas in North America.

The company said it plans to important investments in the chain and denied suggestions that will promote the Chinese films in the United States.UU...



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