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Really Fun Piano Stairs

October 23, 2009
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I came across this really fun experiment to get more people to take the stairs.  I think it will work.  It’s interesting that it’s from Volkswagon.

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China is Top Contributor to World Economic Growth

October 13, 2009

China Economy

From The China Daily:

China contributed 19.2 percent of the world economic growth in 2007, up from 2.3 percent in 1978, a report by the National Bureau of Statistics (NBS) has said.

It said China tops the world in contribution to the global economic growth.

The report was the 18th by the NBS. It showcased the improving international status and influence of new China over years of development.

According to the NBS, China’s gross domestic product (GDP) was $30 billion in 1952, topped $61 billion in 1960, and reached $3.86 trillion in 2008.

China had also become the world’s third largest economy in 2008 by accounting for 6.4 percent of the global GDP.

Meanwhile, the country’s gross national income (GNI) per capita has been catching up with the world average. The GNI per capita was 10.1 percent of the world average in 1978, and 32.3 percent in 2008.

In terms of GNI per capita ranking among 209 countries and regions by the World Bank, China was 130th in 2008 at $2,770, up 15 places compared $750 in 1997.

China Daily wrote in september:

( Xinhua sept 22. 2009)

HONG KONG: The Asian Development Bank on Tuesday raised its forecast for China’s economic growth in 2009 to 8.2 percent, from its previous forecast of 7.0 percent contained the Asian Development Outlook 2009 released in March.

Unveiling the Asian Development Outlook 2009 Update in Hong Kong, Asian Development Bank (ADB) Chief Economist Jong-Wha Lee said the bank also lifted the growth forecast for Asia’s largest developing economy in 2010 to 8.9 percent from 8.0 percent.

“The 8 percent growth target for 2009 set by the (Chinese) government at the start of year now looks within reach … and, in 2010, it will be in sight of the country’s long-run sustainable growth range of about nine percent,” Lee told reporters.

The surge in bank lending and fixed asset investments pushed the growth forecast for China in 2009 by 1.2 percentage points, Lee said.

The Chinese economy grew by 7.1 percent in the first half of 2009, driven by investment and consumption, which contributed 6.2 and 3.8 percentage points of the growth, respectively. These were offset by a 2.9 percentage points decline contributed by net exports, according the report.

Fixed asset investment in real terms soared 41.2 percent in the second quarter. Investments in agriculture and infrastructure, and public funding for projects related to health and social security all rose sharply, it said.

Industrial production regained momentum in the second quarter on restocking, the report said. But weak external demand and overcapacity in industries such as steel, cement and machinery pushed the total profits of enterprises down by 22.5 percent in the first five months.

The major drivers of growth in 2010 will be infrastructure investment, construction and the expansion of consumption. Net exports were expected to make only a minor contribution, as only a moderate recovery was forecast for the world economy.

ADB said it expected mild deflation to continue in China through most of this year, but that higher economic growth in 2010 would contribute to inflation, which was forecast to rise to three percent.

The Asia Development Outlook is the flagship publication of the Manila-based Asian Development Bank. The updated version of the report projected a growth of 3.9 percent for developing Asia in 2009, compared with the previous forecast of 3.4 percent.

Williamson Asia is specialized in the production of frames, mirrors, art and wall decor, and offers a complete line of products.
Our organization consists of 20 people where 12 are located in our main office in Yiwu – 400 km south east of Shanghai.

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New PU Planks are Cool!

September 24, 2009

PU Plank

I’m very excited about our new PU planks. Connie has developed these in many different styles. Samples are on the way!
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Problem Solved

September 16, 2009
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Annie is a big fan of Dexter which is starting back up later this month.  She sent me this picture after the big Taylor Swift, Kanye West flap this week.  I rolled.

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Growing Oldish at Duquoin Fair

September 6, 2009

My daughter’s lifelong friends, Alex Ruwe, Darrell Hayes (her boyfiend), Daniel Lemay, and local legend John Scrivner played in the beer tent at the DuQuoin State Fair yesterday. You should really check these guys out if you have the opportunity to see them live. They play a great mix of classics and new music.

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Really Amazing

September 4, 2009

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Typical Day

September 3, 2009

The short video above shows an inspection we performed last week on a special project for a large promotional order.   The two ladies in the video are from our office.  Lou in the green top and Nancy in the brown top.  They are advising the production managers on what is acceptable for this product and what is not.  It’s a very interesting process.  Once the standards are understood, they will move to the next project leaving one of our on site inspectors to monitor
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