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China Briefings

Reports on China issued by Samsung Economic Research Institute

China Business Intelligence No. 140

China Business Intelligence No. 140

Samsung Economic Research Institute Beijing Office

Nov. 11, 2009

Download China Business Intelligence No. 140 PDF email Print

Highlights:

I. Economy

With the yuan/dollar exchange rate remaining almost the same for 16 consecutive months, the Chinese government is under increasing pressure to appreciate the yuan. Expectations are rising that the value of the yuan will increase as the value of the dollar declines, and the Chinese economy improves. The report analyzes the reasons behind these rising expectations.

II. Industry

Robin Li, CEO of Baidu, China's most popular search engine, first explained the concept of a box marketing platform at the Baidu Technology Innovation Conference held in September 2009. At first glance, there is no apparent difference between box computing and other search engines. At a closer look however, it shows otherwise. Box computing has innovatively improved user satisfaction through technical analysis and statistical allocation of search requirements.

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