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China Developing It's Own Search Engine

December 11th 2011 05:51
With Google increasingly grabbing a monopolistic stranglehold on the World's internet services, is it possible that China will offer a viable alternative? Or is it just another example of China using it's might to destroy competition within it's own borders?

China’s news that it is developing its own state-run search engine is not the country’s first such project, but this time around they are supported by China Mobile Communications and Xinhua News Agency.

China Mobile has the world’s largest number of mobile subscribers, guaranteeing an instant and enormous audience on the mobile front.



Xinhua, China’s official state-run news service, and can provide instant media content and online presence, and will be the dominant member of the joint venture, although its exact role is not yet known.

Working under the name Search Engine New Media International Communications Company, the two companies say the venture is part of a wider move by China to build a stronger presence online to “safeguard its information security and push forward the robust, healthy and orderly development of China’s new media industry.”

The details are still sketchy, but despite the backing of the government and two such powerful media players, the venture faces a tough and uncertain market, with local search engine Baidu already holding 70% of the market, and Google holding about 25%.

The advantages are that China’s internet market is the world’s largest, with over 420 million users, and a massive mobile market of more than 800 million subscribers, of which China Mobile has 550 million.

Google recently shifted its operations from mainland China to Hong Kong amid controversy over internet censoring by the Chinese government.
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Chinese Brands Emerging in Fashion World

December 11th 2011 05:36
Creativity in fashion design finally seems to be emerging in China. Once the home to high quality imitations, China, in recent years, has become notorious for poor quality fakes.

Billionaire investor Warren Buffet and Microsoft founder Bill Gates have recently revealed they are fans of Chinese suit maker Trands, and Buffet believes China is the future of fashion.

Trands, based in Dalian in China’s northeast, is one of several up-and-coming Chinese brands taking on Gucci, Armani and Prada.



Chinese sales of luxury goods grew by 12 per cent last year to almost US$10 billion, over 27% of the global market, Bain & Co. reported.

China’s luxury spending is expected to increase to more than US$14 billion in the next five years, which will make it the world’s number one market.

Chinese consumers are brand-conscious, and international brand names know this, with Louis Vuitton opening one of it’s largest stores in Shanghai, and Harrods opening its first ever store outside the UK in the same city.

However, some Chinese brands are emerging as serious contenders, and the market is open for further expansion.

Hong Kong based Shanghai Tang has already achieved something of an international following, and has stores world wide, and Ports was featured in the movie “The Devil Wears Prada.”

And with the increase in wealth in China, luxury manufacturing, in all sectors, is also expected to increase, with predicted benefits for local production.
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The World Today: Introduction

December 11th 2011 03:21
These article will focus on issues dealing with the world today. The things people do, and how they interact with the world. Injustices, and things that could make it better. Problems that the world faces, and problems that people solve.
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