The Scots and Irish show the Chinese which end of the cow gives milk
Article Abstract:
The new dairy farm in the southern Guangdong Province of China currently boasts 860 head of cattle and the most modern mechanized milking parlor and milk-processing factory in the world. The farm is the project of Ira Kaye, an American Hong-Kong entrepreneur and is the result of a joint venture between Guangzhou State Farm Administrative Bureau and China Agro Industries Development Ltd. Project coordinator is James Linn, a Scottish accountant. The farm is expected to become one of the biggest in the world, and is often visited and admired as a showpiece. The return, however, on the $10 million investment for the farm is still uncertain. The management team consists of Irish bachelors, and attempts to find management personnel from southern China have not yet been successful. Farm products include a yoghurt drink (to accommodate the local population with an enzyme deficiency), meat, and milk.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1986
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Macau's big gamble with China: future trade stakes
Article Abstract:
Macao is a 15.5 square-kilometer Portuguese enclave with 420,000 inhabitants on China's south coast. It is due to return to Chinese rule on December 20, 1999. Macao is trying to negotiate an agreement with China similar to the 'one-country, two-systems' plan for Hong Kong. Macao depends heavily on gambling, with its gambling syndicate contributing 40 percent of all government revenue in 1985. Tourism accounts for 25 percent of Macao's gross domestic product, and is Macao's second most important industry. Wages which undercut Hong Kong wages by 20 percent, along with high-quality workmanship, foster Macao's garment manufacturing. There is a skilled labor shortage, however, which results in legal and illegal worker immigration from China. Goods which are partly or totally manufactured in China are shipped across the border for eventual illegal export under Macao labels.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1987
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Erno Rubik's 'magic' China connection
Article Abstract:
Hungarian inventor Erno Rubik, famous for his Cube puzzle, has teamed with Hong Kong manufacturer David C.W. Yeh of Universal Matchbox Group Ltd. to market Magic, a new puzzle designed to appeal to adults and children over eight years of age. The eight-paneled Magic was promoted in 1986 with a $10 million international campaign that took advantage of Rubik's well-known name. Magic was rushed from prototype to production in eight months to be on time for Christmas distribution. To protect Magic from market intrusion by cheap copies, the puzzle is manufactured in Pan Yu, China, which is secure and offers an inexpensive labor force. Universal Matchbox is also conducting a worldwide campaign to protect Magic through patents, copyrights, and trademarks. Magic generated over $60 million in revenues in its first three months on the market. The puzzle sells for $10 each.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1987
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