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Consultation and Translation Chinese in Israel

https://www.chineseinisrael.com

New Customized service for your unique needs.
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Message formulated as accurately as possible according to the culture and the business codes of both parties. High level of service, meeting deadlines under pressure

 

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Jammie  is very familiar with and experienced in both the Chinese and Israeli business worlds. BA in English Teaching from Guangdong Technology University. She has rich professional experience in business management in China; negotiating and closing deals with international companies, business contracts, briefing and support of international commercial entities.
Native speaker Mandarin, Cantonese and English. Hebrew at intermediate level.

Jammie provides professional English-Chinese-English translations to Israeli and Chinese companies in various fields and for different occasions, Including Business meetings, negotiations, professional tours, conferences, business meals and receptions, academic seminars and factory-related technical translations.

Differences of culture, language, customs and mentality between Chinese and Israelis may create distance between the sides, misunderstandings and even wreck business deals.Our attention to detail and efficient problem- solving will result in the success of your business and the establishment of strong working relationships. Confidentiality assured

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PetroChina becomes world’s biggest firm

It is another symbol of the way in which the world of capitalism is shifting on its axis. PetroChina, the listed arm of China’s state oil business, has become the largest company in the world, surpassing its rivals in the West.

Traders in Shanghai, where the stock is listed, marked PetroChina up by 3 per cent yesterday morning, giving it a market value of $336bn. The gains were enough to propel the company to the top ranking in the list of the world’s most valuable companies.

The margin is thin – a mere $100m – but PetroChina is now ahead of Exxon Mobil of the US in those rankings and, on present trends, it may not take long to widen the lead. Chinese shares are up by 43 per cent this year, while the US market has slipped by 1.8 per cent.

Moreover, the long-term outlook for Chinese energy companies is one of growth – certainly much more so than in the US and elsewhere, giving global investors every reason to drive PetroChina higher. “If you have to buy an energy stock, you want to buy the dominant one in China,” said Gordon Kwan, head of energy research at Mirae Asset Securities, a Hong Kong-based investment company. “China’s fuel demand is growing, while in America and Europe demand is actually falling.”

The company’s ascendancy mirrors that of China’s national economy, which overtook Germany in January to become the world’s third largest. Economists believe China will move ahead of Japan, currently number two on the list, within three to four years, leaving only the US ahead of it. China could be number one by 2030.

Chinese companies are already well represented in the global rankings, accounting for four of the top slots, with Industrial Bank of China, China Mobile and China Petroleum in addition to PetroChina. The US also has four – Exxon, Walmart, AT&T and Microsoft – while Russia’s Gazprom is also up there. Shell, the Anglo-Dutch oil giant, completes the top 10.

petrochina

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Guardian: World Bank sees China recovery this year

China’s injection of 4tn yuan into economy is likely to secure 6.5% growth and help pull rest of Asia out of slump, World Bank predicts

http://www.guardian.co.uk/world/2009/apr/07/world-bank-predicts-china-recovery

 

 

global recession

global recession

On The Other Hand,
countries of the East Asia and Pacific region have been deeply affected by the worst global economic and financial crisis in generations.
http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/EASTASIAPACIFICEXT/EXTEAPHALFYEARLYUPDATE/0,,menuPK:550232~pagePK:64168427~piPK:64168435~theSitePK:550226,00.html 

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Google China launches a free music download service

As of yesterday, March 30th 2009, Chinese internet users can use Google users can search and download movies directly from Google. This step supposes to assist Google to better compete Baidu Inc, which leads the Chinese search market with about 60% market share.
The new service, partnered with Top100.cn, a Chinese music website co-founded by basketball star Yao Ming, offers downloads of about 350,00 song, both Chinese and foreign. the number of downloads suppose to reach 1.1 million in the next few months.
Unlike Baidu Inc, which offers links to unauthorized music downloads, Google’s service got the support of most of the major music labels including Sony music, Warner music, EMI and Universal. The labels will share advertising revenues, placed on the music download pages, with Google.
A unique feature Google offer to its users is searching for songs according to characteristic, such as rhythm and tone.
According to China Internet Network Information Center (CINNIC ) 86.6% of 298 million Chinese internet users downloaded music from the internet in 2008, what makes music download one of the popular services in the world’s largest online market.
The rate of pirate music download in Chinese was more than 99% last year, what allowed Baidu Inc, to become China largest music search provider.

Google China music search service

Google China music search service

Days will tell whether this move would Assist Google to increase its 27.8% market share in China and if the business model of music labels generating revenues from advertisement will succeed and maybe duplicated itself to other countries around the globe.

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How China sees the world

How China sees the world

How China sees the world

Funny illustation From “Economist”
 

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How low will IT go?

As a reaction to the world’s financial crisis ,China’s IT market suffers from recession as well. The main reason is that the number and scale of incoming orders sharply decreased during the past 12 months, forcing IT companies to cut-down salaries, employees, development plans and social benefits. There has been an acute increase in the job seekers number. Only in the IT industry of Pearl river delta region, the number of job seekers increased sharply and is reported to be 20% more than the market demand. Therefore, it is extremely hard for job seekers in this field to find a new job, and most of the time, even when they do find a job that fits their skills and profession, the salary is much lower.


The enterprises try to find alternative solutions to avoid frequent layoffs through steps like extended holidays, shorten the working hours, reducing salary level etc. These solutions are meant to keep the workers in the company, and to preserve their skills and knowledge, with the lowest salary level possible until the crisis will be over, new orders will arrive and business level will increase again

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