Article originally published in Insurance Networking News. Late spring 2005, the world learned that a crime ring that included call center employees of an Indian outsourcing company stole more than $300,000 from Citibank customers by tricking callers into giving up their PIN numbers. The news sent shockwaves through the industry, as India was the premier […]
India Tightens Security Read More »
Originally published in Computerworld. Hankscraft Inc. has been making industrial motors and mechanized pumps for more than 50 years in Reedsburg, Wis. The company came to China just three years ago but already has twice as many employees here as it has at home. Jonathan Funkhouser, who is general manager of Hankscraft’s China operations and
Bridging the Chinese Skills Gap Read More »
Originally published in Computerworld. Among the various sourcing peculiarities and problems specific to China is regionalism, says Pieter Tsiknas, director of SearchBank’s Beijing office. Read full article.
The number of Chinese securitization projects has almost doubled this spring. The sudden burst of activity brought the total number of securities industry securitization projects up to seven – but lagging legislation is hindering the growth of this market in the securities industry. In the banking industry last year, two of China’s biggest banks –
Weak legislation hindering China’s securitization market Read More »
The more crowded and competitive the hedge fund industry gets, the more difficult it is for fund managers to set themselves apart from competitors. The above-average returns that might come from developing unique, technology-based trading strategies are harder to come by. Curiously, one answer to this problem may come from a technology that in a
Blogging for Alpha Read More »
Originally published in Computerworld. In the West, companies want to put on a good face for customers, even if it means having to admit mistakes. Righting wrongs is a big part of a good public image, and a good internal image as well. In the East, particularly at traditional companies, saving face is important. Saving
Saving face in China Read More »
While some companies are outsourcing to China to cash in on labor savings, others are there for the long haul, and they have made automation a priority. China may be the low-wage manufacturing capital of the world, but not every company comes here to save money on labor. Instead, as China develops its own economy,
Automation in China Read More »
This article originally appeared in FDM. Larger firms offer higher quality as domestic demand grows and consolidation is likely. Cabinet products from Jianpan Cabinet Co. The larger Chinese cabinet manufacturers are using advanced equipment to improve quality. The Chinese cabinet industry is expected to begin a round of consolidations as government policies and more discerning
China’s cabinet industry maturing in 2006 Read More »
About two dozen supply chain executives from around the world gathered here earlier this month to discuss the business-technology challenges of managing their dispersed and diverse supplier networks in China, a country rich in opportunity but short on support infrastructure. Sponsored by the Supply-Chain Council and GeorgiaTech’s Executive Masters in International Logistics program, the Supply-Chain
Supply Chain Challenges Read More »
Most countries — including China — require that journalists be accredited, and carry a press ID. This is not the case in the United States, where our Constitution guarantees press freedom from government interference. In the US, all a journalist needs is a business card or a company photo ID. For most of the reporting
Getting accredited — do you really need it? Read More »
This article originally appeared in CMO (Chief Marketing Officer), an IDG magazine (which has since ceased publication). Jim Murphy learned about marketing to Chinese customers in bars. When he first came to China in December of 2004, he didn’t think that consumers here could afford or were interested in the relatively pricey Jack Daniel’s whiskey
Back to the Future Read More »
While Chinese manufacturers and the Chinese government must come to terms on standards, this burgeoning industry is poised for growth Haier Group, China’s leading home-appliance manufacturer, is ready to do away with bar codes. Today, Haier uses bar codes to track items through the production process and enable quality control, according to David Lee, a
The China Construction Bank privatization project, recently approved by the Chinese government, may become the first true loan securitization in China. As the sole advisor, Standard Chartered gains both experience and credibility in the marketplace, building on an existing track record in the country. Headed by Warren Lee, the Standard Chartered team working on the
Standard Chartered claims first “true” loan securitization Read More »
In the spring of 2004, China’s largest commercial bank struck a deal with Credit Suisse First Boston, CITIC Securities and China Credit Trust to securitize a portfolio of RMB2.6 billion ($322 million) in non-performing loans. The loans originated by the Industrial & Commercial Bank of China’s Ningbo branch. It was a ground breaking deal in
CSFB helps move securitization forward in China Read More »
This fall, one of the two big bank securitization projects in progress is the MBS project of China Construction Bank. The Special Purpose Trust that will handle the underlying assets of the securitization is the CITIC Trust Co., based in Beijing. CITIC has 80 employees and, as of the end of 2004, RMB8.6 billion ($1.06
CITIC named Special Purpose Trust in ground-breaking project Read More »
