China vows to help WTO on piracy

China has promised to co-operate in the global fight against counterfeit goods, in response to a highly critical ruling from the World Trade Organization.
The commerce ministry said it would "continue to promote international exchanges" on intellectual property rights, but gave no firm details.
In a US-backed case, the WTO ruled on Monday that Beijing ignored piracy of DVDs and its customs policies were lax.
US companies say Chinese piracy costs them billions of dollars every year.
In its ruling, the WTO largely supported the US claims against China and found Beijing had breached trade rules.
The WTO was particularly critical of Chinese customs for allowing seized goods to be reintroduced into the market.
And it said Beijing had turned a blind eye to piracy of DVDs and CDs.
The US has repeatedly accused China being a safe haven for product piracy, and some analysts believe the WTO decision takes Washington a step closer to seeking compensation for lost sales revenues caused by counterfeiting.
Europe has also had run-ins with Beijing on the issue.
Last year, the European Commission estimated that 60% of all counterfeit goods coming into Europe had originated in China.

Podcast.

BizDaily: Japanese lessons 27 Dec 09
Can we learn a lesson from Japan's miserable 90s? That period only ended when the failing banks actually admitted how big the damage was. Should the rest of the world now follow suit? Plus the basic banking questions you want answered.

Investors put stock in feng shui

According to the Chinese Lunar calender, they year of Ox begins on 26 January. There is a report reckons that former US treasury secretary will become the boss of citigroup, while iceland will challenge the phillippine and indian dominance of the call centre industry as it rebuilds its crisis-ravaged economy.
The predictions are made in a tongue-in-check that ''Feng Shui Index'' report from Hong Kong incestment firm CLSA.
Many investors and business people in Asia put great stock in advice from feng shui masters.

As a Hong Kong people, I think we really beleive on Feng Shui very much, for example when you choose you office, you house etc...they will also care about Feng Shui, they need to make sure that it is really a good place and siutable for the people who live or work in that place. So i think Feng Shui is a good investment for the incestors and business people.

http://news.bbc.co.uk/2/hi/business/7842164.stm

New Business Idea

Use leather or fabrics to make pen wallets and pencil cases. Sell the wallets and cases empty. Or buy pens and pencils at trade prices and add them to the wallets and cases respectively to make the finished products.

I think this maybe a good business idea, because it sell the two things together. First it will lower the selling price, it's a good thing for the customers. And also when the seller sell the wallets or cases, the customers may also buy the pens and pencils because they are selling them on the trade prices. Leather and fabrics is the most common materials that people made for wallets, everyone need one, so maybe this will be a new business idea.

How to keep generation y motivated?

Generation Y,were born between 1977 and 1994, it makes up over 20% of today’s population and they are rapidly becoming a hot commodity in the work force.Organizations of all sizes are scrambling to learn how to attract these dynamic individuals.Gen Y may bring to the table a diverse knowledge and an interesting perspective that can really make the company shine.

The studies say that there are top five for Gen Y:
1.They are looking for work/life balance
2.They want to be heard and valued
3.They need regular recognition
4.They want to work somewhere fun
5.They are motivated by challenge and a collaborative environment

There is a man that what he have been doing as CEOis right on target for his company that he want to cultivate,what he did was:

1.Creating a warm, fun, friendly environment to work in
2.Socializing with my employees
3.Rewarding them for performance
4.Providing flex time as long as the work gets done
5.Giving them a voice that is heard and valued
6.Opportunity for mentoring others
7.Sharing in the company succes

Coin-to-cash Conversion Vending Machine

Coins are a nuisance for most people, because it is very heavy if you have many. But you will not throw it or ask the supermarket or shops don’t give you any coins. So now there is a good machine can help it.

The Coinstar Centre features Coinstar-branded coin counting and is fun and easy. Just follow the instructions on the screen and you are a few button pushes away from turning your coins into cash. This machine not just let you turn your Coins into Cash or Shopping, but it can also donate your Coins to Charity (UK Only). If you just have a little amount of coins, you can just donate it.

I think it is really a good idea, because it can help to needed just only everyone inserts a little amount of money. And also if you can insert an amount of money you can change back to notes or also supermarket cash. So from now on you don’t need to carry somany coins and think that how to use it everywhere. And I think their locations are also really good, they put the machine outside the supermarket or mall site. It’s good because after people shopping or buying things they must have some change, and now they can change it to notes or donate it, I think many people must like it.

Don’t Forget Your Teacher’s Christmas Present!

Christmas brings along the season of gifts. It is always considered the best time of year to give something special to loved ones and show them how much you appreciate their love and support. During this time, the shops are full of beautiful, shiny and interesting gifts you can shop for or the Internet also offers countless items that can be send along with
your good wishes, to anyone anywhere in the world. Gifting a Christmas present to a teacher is something special. Other than our parents and other family members, teachers form a large part of our personalities. They not only give us education but also share their knowledge and experiences about life, which helps us become a better person. With Christmas coming around, thank your teachers for their generosity and inspiring spirit with some special Christmas gift for teachers.

A good website for remaining students that have a Christmas present for their teachers. To let the student remember that every teacher works very hard and teachers play such an important part in our lives. The most moving gifts received by teachers are those that have involved time and thought on the child's part.

http://www.christmasrants.com/dont_forget_your_teachers_christmas_present.html