As testament to the good quality of its products, CZ won the “Top 500 Asia Valuable Brand Award” by the Supervision and Management Centre of Asia International Brand Certification. It was also conferred China Leather Industry Association’s “2006 Top 12 Bag Brands in China”.
The Chinese economy has continued to expand at a blistering pace. Latest first quarter economic growth came in at 10.6% in spite of the slowdown in the US. China is expected to weather the subprime storm as the government has taken steps to divert exports to other countries apart from America.
Recently, several companies have changed their names or bought over new businesses to change their overall business strategy. Shares Investment (Singapore) would like to discuss about Tri-M Technologies’ (Tri-M) meteoric rise as its share price rose over 700% in the past month.
Shares Investment (Singapore) is not so optimistic on the current situation. We feel that the worst might be felt only in the 2nd half of the year due to the above discussion and one very important factor – rising US unemployment rate.
