Showing posts with label government. Show all posts
Showing posts with label government. Show all posts

Sunday, September 13, 2015

How to Make Money in China (4 Steps)


Invest directly. As of 2010, this is the best way to make money in China. The best bets as of now are high technology, energy and the mobile sectors of the economy. Since China acceded to the World Trade Organization in 2001, the Chinese economy has been forced to become more transparent, with a lessened role for state or party actors. This means that investing is easier than it has ever been and China's boom shows no signs of stopping.
Buy the Yuan. The Chinese currency is strong and is likely to remain so. This is because the Yuan is controlled by the state, not by private bankers. As a matter of course, to combat inflation, the Chinese government has decided to keep the Yuan strong so as to deal with the possibly inflationary tendencies of rapid growth.
Buy into firms that are not Chinese, but do much business with China. Here, one can do no wrong with buying shares in Russian oil firms like LUKOil. This is because China is very oil-dependent and, as her boom continues, she will be demanding more and more oil from Russia, her main supplier. As China grows, she will require increased expert information and investment from places like Japan and Taiwan. She is also outsourcing heavily to Indonesia, Vietnam and Burma.
Invest in Taiwanese electronics such as HTC, Acer or VIA technologies. These are high industries that are involved, albeit illegally, in the Chinese economy. Taiwan officially has no trade with China, but 'unofficially' this trade is massive and Chinese companies from Taiwan are making a killing in China. It is likely that this barrier to trade will be lifted as Taiwan and China's economies continue to intertwine. Therefore, it is very likely that Taiwanese firms will be a major part of the electronics and high-technology focus of the Chinese economic boom. Since Taiwan has had transparent trading practices for many years, it is easier to invest in Taiwanese firms in order to make money from mainland China. Especially as China seeks to build her own automobiles, Taiwan's expertise in automotive electronics will become indispensable.
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Thursday, September 10, 2015

How to Earn Money by Running a Food Stand


Review your areas of food expertise and create a plan. Try using one of your prized recipes so people seek out your food stand over others.
Research companies that provide supplies for small local food stands. Order from the one that suits you business and pick up other food supplies, condiments and paper products at a warehouse stores.
Contact your local government about licensing. Find out where you need to purchase the appropriate commercial kitchen equipment or try to lease or buy quality used equipment.
Check out competitive pricing structures. Stay in the median range so people don't decide to go to the next food stand and save money.
Print an attractive sign with your menu and prices. Situate yourself at public events where there are crowds of people. You will compete with other vendors when events are run by the city or school systems. Keep an up-to-date business plan in order to compete with other vendors.
Branch out to fairs, carnivals and park areas. Think about setting up your food stand near a local college as well. Hire a few trustworthy people with kitchen knowledge to help you achieve success.
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