In recent years, the real estate and infrastructure boom in China has stimulated a rapid development in the plastic doors and windows sector. The sector has now become an important pillar in China’s plastics industry and significantly lifted its market share. But at the same time, the sector is also facing issues such as varied quality, lack of uniform industry standards and vicious competition.

Plastics industry overview

China’s plastics industry has experienced rapid growth in recent years. According to China Plastics Processing Industry Association, during the “10th Five-Year Plan” period (2000-2005), total domestic supply of plastic construction pipes and plastic doors and windows to the Chinese market amounted to 1 million tonnes per year, achieving 45% and 20% market shares respectively. Due to their superior energy saving feature, plastic construction materials have now become the second largest pillar in China’s plastics industry, with annual growth rate exceeding 15%. In North-eastern provinces and Inner Mongolia, 40% of the new buildings have installed plastic doors and windows, while the installation rates in Qingdao City and Dalian City are above 80%.

Positive factors for the sector



The following factors have contributed the rapid development of China’s plastic doors and windows sector in recent years. First of all, the newly announced Catalogue Guidance for Foreign Investment Industries last year encourages foreign investments in plastic construction materials projects, such steel replacement and timber replacement materials. This has brought about an excellent opportunity for the plastic doors and windows sector, hence fast developments.

Also, the continued real estate boom and infrastructure investment surge have provided a huge demand market for plastic doors and windows. China currently has building construction projects of approximately 2.1 billion square metres per year, equivalent to the sum of European and American volume. There are about 500 million square metres doors and windows construction pipeline per year in China, four times of the European annual volume.

Third, according to the “11th Five-Year Plan” (2006-2010), in the next five years, China has to achieve construction energy saving target of 101 million tonne coal-equivalent. Therefore, total energy saving construction will exceed 2.16 billion square metres, including new construction and existing building renovation of 1.6 billion and 560 million square metres respectively. The energy saving materials and technologies market for these projects could amount to several thousand billion dollars, providing huge potential for energy saving and environmentally friendly plastic construction materials.

Issues in the plastic doors and windows sector

Firstly, the Chinese government has adjusted its foreign trade policy since 2006, and changed from encouraging exporting of plastic products to limiting their exports. From September 2006 to July 2007, China reduced its export rebates for plastic products from 13% to 5%. And in July 2007 the Ministry of Commerce and China Customs officially included plastic products into the export-restricted category of processing trade products. Since then, many plastics companies have significantly reduced their export volume, while importing of plastic products continues to rise.

Secondly, in recent years, international crude oil prices has been climbing and pushing up raw materials prices, causing a big blow to the plastic processing industry. On one hand, companies have to absorb cost pressure from upstream suppliers. On the other hand, the market for major plastic products are highly competitive, so it will be hard for plastic producers to pass on costs, hence searching for new profit growth points.

China’s plastic doors and windows sector is big, but compared to other countries, their market shares are still relatively low in their home market. Their production output level is still low, while energy consumption is high. China’s per unit energy consumption of residential constructions is currently 3 times of developed countries’, while doors and windows energy consumption and air leakage of doors and windows are 1.5-2.2 times and 3-6 times of developed countries’ respectively.

And home buyers’ doors and windows consumption is still insufficient in China. Chinese home buyers normally focus on construction quality of the property, but pay much less attention to doors and windows. This is because most people don’t have enough knowledge about doors and windows. And many people also consider doors and windows as supplementary products to the property, hence indifference to their quality. For an apartment valued at 10,000 yuan per square metre, the equivalent expenditure on doors and windows in developed countries would be 1,000 yuan, while it is only 300 yuan in China.

There is also a lack of uniform plastic industry standards in China. Currently China has not yet had a housing price-related doors and windows standard. The 5 major performance criteria for doors and windows, namely wind-pressure proof, air leakage, rain leakage, thermal insulation and sound insulation, are normally tested on individual samples, while the pass rates after being installed on properties are usually low. This is because most home buyers don’t have the capability and means to test the 5 criteria on finished properties, and there are little regulatory restraints on the products. Therefore, many developers and builders may play tricks on doors and windows in order to save costs.

Finally, price competition within the sector is severe. As China listed plastic doors and windows as one of the key construction materials to develop, their production and applications have gained rapid growth in the last 10 years. But the development surge also created a supply surplus situation. At present, China’s annual demand for plastic doors and windows is about 1.5 million tonnes, but their annual output already reached 3 million tonnes, resulting in vicious price-cutting competition. There are rampant product substituting and jerry-building practices in the industry, negatively impacting the reputation of plastic doors and windows. And the price wars have also lead to widespread losses among China’s plastic doors and windows producers.

In conclusion, under the continuing real estate and infrastructure boom, there will be a huge demand market for plastic doors and windows in China. And the government’s energy saving policy could also provide substantial investment value to this sector. But the sector is also affected by short to medium term issues, which need to be practically resolved, in order to improve producers’ long term sustainability.

For more information on Chinese businesses, please visit www.chinabizintel.com

Rental Property Financing

Rental property financing is usually more expensive and harder to get than regular property financing.

Rates are higher, fees are higher, loan conditions stricter, credit ratings higher, and other loan factors all add up to make it harder to investors to get mortgages on good terms.

Recently some mortgage lenders have begun to offer 100% financing to rental property borrowers.

This includes many different property types, including single family residences, condominiums, townhouses, and 1-4 unit properties.

Generally larger properties (5+ units) do not have 100% financing currently available. These types of properties usually require a much larger down payment.

Advantages of 100% Financing

This type of financing allows the borrower to get the maximum possible leverage on their real estate investment.

In this case the most a borrower needs to come up with is closing costs, which may be 1% – 2% of the loan amount. A borrower may also be able to have closing costs included in the loan as seller credits – if the mortgage lender allows for this option.

An investor can use this type of leverage as part of a multi-step process. A real estate investor can purchase a rental property with 100% financing and if the property increases in value use the additional equity as leverage to refinance into a lower payment.

Check with the lender on the payment option types for this type of loan, how long the interest rate is fixed, and other relevant terms for you.

Is Red China finally entering the first world? Is China really interested in solving its pollution problems up of the interests of its major financiers? It appears that China is now putting forth industrial regulations on its larger business community.

Is this the start of an industrial revolution? Is China trying to head off an industrial revolution? Is China trying to actually level the playing field so it can be respected by the rest of the world? Are we seeing a transformation of China and its industrial power?

One has to ask these questions and they lead to so many more. For instance is China or eat about its polluted water supply and it’s horrible air pollution? Is China worried about global warming? What do the business people think of all these new regulations because surely they will slow down the growth that China has been experiencing in the last 10 years? Or will this lead to new industries and environmental protection products and services?

It is great to see that China is finally addressing the issues of its water pollution and its air pollution and perhaps this might level the playing field so that other companies in other parts of the world can compete with China’s mighty industrial capacity and growth.

This is good news for American companies and also good news for the Chinese people and peasants who were once forgotten. Apparently someone in China figured out that if all the peasants died from the pollution caused there will be no one to work and the growth will stop. What are your thoughts on this, please consider all this in 2006.

In the first half of 2006, China’s total power consumption reached 1.3 trillion kilowatt-hours, an increase of 12.89 per cent over the same period a year ago. But the country only generated 1.23 trillion kilowatt-hours during the first six months of this year – a shortfall of 700 million kilowatt-hours. According to China Electricity Council Secretary-General Wang Yonggan, power shortages will continue to plague China, but he hopes they will somewhat ease. At the beginning of 2005, twenty-five Chinese provinces suffered power shortages. This had been reduced to nine provinces this past January, and recently the number of provinces suffering power shortages had fallen to four.

China relieved its widespread power shortages over the past six months because of its new power stations, but officials insist the power industry must try to reduce energy consumption per unit of GDP by 20 percent to comply with the latest five-year plan through 2010. Power deficits are still expected in East China, North China and part of South China during peak summer months even though China spent more than $9 billion in the first half of 2006 to improve its power transport capacity.

But how will China continue to fuel its power stations so they can generate electricity? Nearly 84 percent of China’s power is thermally fueled, mostly by coal. China’s 30,000 coal mines produced more than two billion tons in 2005. This is not likely to be drastically reduced over the next two decades, but China is making an effort to exploit other resources. Drawing almost 14 percent of its energy from hydroelectricity, the country plans to dam up all five of Asia’s major rivers in order to keep its generators going. China has helped drive up the price of uranium with its plans to dramatically increase its nuclear energy program.

Reducing the Coal Consumption Rate

Slowly, China is trying to wean itself off coal. Over the first six months of this year, China reduced its coal consumption rate, as measured by kilowatt-hour, by less than two percent compared to the first half of 2005. While China has stated it plans to expand its hydro, nuclear and renewable energy programs to increase their share of electrical power production, the country ambitiously hopes to more than double the amount of natural gas in its energy mix. Currently providing a little more than three percent of the energy mix, the Chinese have often announced they want natural gas to provide eight percent or more, by the time the Eleventh Five Year Plan ends in 2010.

“It’s doable,” Phil Flynn of Alaron Trading Corp told us. “It’s going to be tough and very expensive, but I think they can reach that percentage.” However in February of this year, the China Daily newspaper reported the bulk of China’s gas-fired power plants could be closed down because of a natural gas shortage. For example, four gigawatts of installed capacity were not used in Eastern China, in the latter part of 2005, because the country could not obtain sufficient gas supplies to power the plants. China’s National Development and Reform Commission plans to increase the country’s gas power capacity to 30 gigawatts, but the head of China’s Electricity Council announced that gas shortfalls would probably make this target impossible to achieve.

Husky Energy’s Recent Gas Discovery Spurs More Exploration Activity

It is not for lack of trying. In June, Husky Energy announced a deep gas discovery beneath the South China Sea, about 155 miles south of Hong Kong. The area had been abandoned decades earlier when shallower wells had come up dry. Fu Chengyu, Chairman of Husky’s Chinese partner China National Offshore Oil Corp (CNOOC) called the gas discovery “a tremendous breakthrough for us.” The find may reportedly contain 3.5 trillion cubic feet of gas. Last week, Husky Energy and CNOOC signed three new production-sharing contracts to drill for oil and gas in deepwater blocks in the eastern and western South China Sea.

While Husky Energy may be Calgary-based, it remains controlled by Hong Kong billionaire Li Ka-shing. China’s big announcement in mid July invited the more autonomous foreign oil companies to explore in as many as nine blocks in northwestern China. The target is the Xinjian’s Tarim Basin, which has proven reserves of six billion tons of oil and eight trillion cubic meters of natural gas. Analysts heralded this as China’s biggest step forward in cooperating with major foreign oil and gas companies since 1994. China is eager to move these projects further in order to keep its 2200-mile natural gas pipeline running at capacity to supply its major coastal cities in eastern China.

Australian LNG Helping China’s Energy Mix

In late September, the city of Shenzhen, in China’s southern province of Guangdong, will begin generating electricity powered by Australian gas. Northwest Shelf Australia LNG PTY plans to annually ship over three million tons of Liquefied Natural Gas (LNG) for the next 25 years. The LNG contract valued at $25 billion is Australia’s largest resource contract. It angered many Australians when CNOOC became the first foreign country to own a stake in Australia’s gas reserves. The gas had been allocated for domestic use in Australia. The deal entitled the Chinese firm to own about 1.1 trillion cubic feet of gas and another 210 million barrels of liquids of Western Australia’s gas project. Because of previous long-term contracts with Japan, China may not be able to sign new gas deals with Australia until after 2010.

“Right, we see in the LNG (liquefied natural gas) business a kind of unprecedented situation: unprecedented demand from not only new emerging buyers China and India, but also the U.S.” China plans to build over a dozen more new LNG terminals along its southern coast similar to the one in Guangdong province, which will serve cities in the Pearl River Delta, Hong Kong and power plants in the Delta region. Several LNG projects, under construction or waiting for approval, would impact Shanghai, Beijing and other multi-million population centers. Despite the size of this and other deals, it is not enough. “The actual demand is so big that neither onshore nor offshore gas or LNG will be able to meet the demand on its own, said Azfar Shaukat, director of Mott MacDonald Group’s oil and gas studies. “It has to be a combination of them.”

China’s Coalbed Methane Development

What can China do about its coal mines which drive the country’s electrical production? Although official figures are lower, as many as 6000 Chinese die in the country’s 30,000+ coal mines every year. More suffer from air pollution and black lung. By comparison in the United States, the American Lung Association estimates about 24,000 premature deaths are caused every year by air pollution from coal-fired power plants. About 40 percent of the emissions of carbon dioxide, which contribute to greenhouse gases and global warming, come from coal burning. Imagine how much larger a problem this has become for the Chinese?

Nonetheless, coal mining will stay with China for at least the entire 21st century. More uses from China’s coal mines could make these resources indispensable. Rising petroleum costs have forced China to move forward to convert coal to oil products. Thirty coal liquefaction projects are now in the detailed planning or feasibility study stage. The Chinese plan to spend more than $15 billion in order to produce 50 million tons of oil from coal liquefaction by 2020.

Chinese Premier Wen Jiabao, a former mining engineer, has been sympathetic to the plight of coal miners. New restrictions and regulations have increased the safety for coal miners. One of those upon which there is greater emphasis is capturing the methane from coal seams before the mining process begins. Methane gas in coal seams is the culprit behind widespread pollution and coal mining deaths. Nearly a decade ago, China United Coalbed Methane (CUCBM) was formed to capitalize upon the wasted methane released into the atmosphere during the mining process. Following the developments in New Mexico’s San Juan Basin and Wyoming’s Powder River Basin, the Chinese are determined to utilize the ‘unconventional gas,’ also known as coalbed methane (CBM) as an important energy source.

In early July, Jimmy Rogers told us, “Longer term, natural gas production is declining in North America.” A few weeks later, in our interview with Sprott Asset Management CBM research analyst Eric Nuttall he echoed those remarks, saying, “North American natural gas production has been in decline for several years.” Nuttall added, “Most incremental production is coming from smaller, more expensive-to-drill, thinner economic, higher decline pools and reservoirs.” He pointed to CBM as where the action would be, “The growth areas have largely been unconventional.” And that is where the Chinese may be headed in order to obtain additional gas reserves.

A researcher for China United Coalbed Methane (CUCBM) wrote, “By 2010 and 2020, the shortage for the natural gas supply in China will be 30 billion to 40 billion cubic meters and 90 billion to 100 billion cubic meters respectively.” Professor Sun Maoyuan wrote on behalf of the CUCBM, “It is estimated that the coalbed methane resource is between 30 trillion and 35 trillion cubic meters, which is equivalent to the resource of natural gas. In China’s 13 major coal-bearing basins, 10 coal-bearing basins are located in North China with 22.27 trillion cubic meters of coalbed methane resource, accounting for 68% of the total coalbed methane resource in China.” He explained China’s goal was to reach 10 billion cubic meters by 2010 and double that goal five years later. He wrote, “It is estimated conservatively that coalbed methane will account for 20 – 25 percent of the gas energy.”

Since 1998, when CUCBM signed its first production-sharing contract (PSCs) with Texaco, nearly thirty such CBM concessions have been awarded. Major oil companies, and those with the closest connections to Chinese government officials, were the earliest awarded, such as Arco, Phillips, Greka and Australia’s Lowell oil. Smaller U.S. firms, such as Far Eastern Energy, were later invited to participate.

One Example: Pacific Asia China Energy

By 2005, Canadian public companies were awarded CBM concessions – the first Canadian publicly traded firm to obtain not one, but two, production-sharing contracts was Pacific Asia China Energy (TSX: PCE). This has worked out well for this young company. An evaluation by leading CBM appraisal firm, Sproule International of Calgary, assessed the “most likely case” scenario for the company’s Guizhou property in southern China at 5.2 trillion cubic feet. Since then, the company has been drilling to confirm this estimate, and recently announced recent drill results “strongly correlate” with the independent technical report.

We asked the company’s vice president of exploration, Dr. David Marchioni about China’s view on CBM as part of the energy mix away from coal. He told us, “The central government is pushing hard for CBM exploration and mine degasification, which will yield CBM. They have announced a new formal policy promoting CBM and starting studies for new gas pipelines.”

Has CBM registered on the radar screen yet? “CUCBM themselves is actively exploring,” Marchioni said. “And CUCBM has production at present, but at fairly low volumes.” Pacific Asia China Energy (PACE) may become an important test case, with its massive 970 kilometer square concession in south-central China’s Guizhou province, in which the company would earn 60 percent by funding the exploration and pilot program. Would this help China’s energy mix? “What would have impact is if PACE or any other players could produce CBM at high volumes and that ‘it works’ in a big way,” Marchioni explained. “The technological learning from this and the news of success would encourage others.”

There are other reasons why a small company, such as PACE, would find enormous opportunity in China. “We would not be able to afford a sizeable concession (like this) in Canada or the western world,” Steve Khan, executive vice president of the company told us. Our investigation showed a comparable CBM concession, to what PACE holds in China, could cost more than $100 million in one of Alberta’s prolific coalbed methane areas.

A concession this size is not something the Chinese government didn’t want. Nor is it far removed from a population center. Within a radius of 500 miles, there are in excess of 240 million people. “The growth is so significant that any source from energy, including CBM, is being secured by the Chinese government,” Khan said. “The uniqueness about PACE is that we’re not looking to produce gas and sell it into the market. We can produce and sell it to the market which we are in. Industrial consumers there are short of gas to run their factories. Many of them are seeking out companies like us to contract for the secure delivery of gas.”

One of the problems, which companies developing energy relationships in China face, is convincing investors to focus on the positive aspects of the country’s dramatic GDP growth and its insatiable asset to obtain sufficient energy to maintain this rate. “North Americans are a little less attuned to what’s happening in China than the Europeans,” Khan explained. “When we visit the London fund managers, they look at this as a great opportunity, and they are investing more funds into that part of the world.”

Those who appear to be most eager in what PACE has are the Chinese. The company presented at a provincial coal symposium earlier this year. Because the national government has mandated the reclassification of existing coal areas before they can be mined, and because PACE has a joint venture with Mitchell Drilling of Australia, and their proprietary Dymaxion® drilling technology, one major door could open later this year. “We hope to be able to put in a pilot project on one of those coal mines,” Khan said. “The Chinese coal mines are very actively pursuing us to push that agenda forward because they are in need of that reclassification.”

CONCLUSION

By 2010, it’s a good bet China will have invested tens of billions to build up its energy portfolio. Many warn of a slowdown in early 2007, and it might give a much-needed breather to China’s runaway growth. Or this might be a brief pause in China’s remarkable transformation from an agricultural economy into an industrial superpower. The United States had some fifteen depressions as the country entered and passed through its own Industrial Revolution. It would not be surprising if China experienced volatility during this critical five-year plan. Four years from now, China might very well avert its potential energy crisis. In the meanwhile, this might suck up a great deal of the world’s energy sources, or drive energy prices to record highs. Nonetheless, it will be an exciting and erratic period while the rest of the world watches China out-perform the rest of the world’s economies.

COPYRIGHT © 2007 by StockInterview, Inc. ALL RIGHTS RESERVED.

Though it is not impossible to obtain financing after a bankruptcy process, it is not an easy task. The reason is simple, bankruptcy ruins the applicant’s credit and it can take a lot of time to recover it. The lending industry is based on the concept of risk and those borrowers who have a past bankruptcy on record represent a very high risk for the lenders that have to consider their applications. Nevertheless, the lending industry has become so competitive that even those with a past financial failure can obtain a loan. But, they should expect certain restrictions and drawbacks:

Smaller Amounts

Rebuilding credit is a matter of time. Those with a past economic failure cannot expect to obtain high amounts easily. The only possibility for obtaining a high amount loan is to provide a proper and valuable asset as collateral for the loan. And even in that case, the borrower will have to cope with other drawbacks such as a higher interest rate and reduced repayment programs which imply higher income requirements.

Higher Interest Rate

The interest rate is a risk related variable and these two magnitudes are directly proportional. This means that the higher the risk implied in a transaction, the higher the interest rate that you will have to pay. Therefore, those with a financial failure on their credit report should expect to pay a significantly higher rate than those that have a clean and stainless credit history.

This does not mean that you will have to cope with exorbitant interest rates. It is possible to obtain an unsecured personal loan with a moderate interest rate even with a past bankruptcy. However, as explained above, the amount of money that you will be able to obtain will be reduced. Low interest rate and high amounts with such low credit is not feasible.

Additional Charges

Often, you will find yourself having to pay additional charges or costs for products that other people can obtain at reduced prices or even for free. For instance, credit cards with high credit limits may require you to pay an annual renovation cost while high credit applicants can obtain these products with no extra costs or charges and even obtain interesting reward programs.

Also, since you probably need to offer some sort of asset as collateral if you are applying for a loan, the closing costs on that loan will include the fees and charges usually associated with secured loans related to the assessment of the property used to guarantee the loan. As you can see, having bad credit due to a economic failure will imply overall higher costs that are unavoidable if you are in need of finance.

Course of Action

The reasonable thing to do is to avoid applying for finance during a reasonable amount of time till you can build up your finances again. Even if you take more time to recover without finance, your credit will eventually rebuild successfully and you will be able to obtain small loans and credit cards with reasonable rates that will help you further improve your credit situation.

If you are a merchant looking to source your product at much lower cost, have you considered importing from China in order to save money and still offer quality products? China Source and Supply have a solution that can be tailored to suit you.

Here’s how it’s done. Step by step.

A. Arranging quotes on your merchandise from qualified suppliers with a good history of both quality and deliverability. Making sure that everyone is ‘on the same page’ and understands your requirements. This is a crucial first step and qualified suppliers with a long history of importing will certainly speed up your process.

B. Creating a list of your packing and presentation details that will meet your requirements. Any drawing or graphics that are necessary to be included in this list when importing from China.

C. Knowing and being aware of all your branding requirements Spend a little time and money on artwork to make sure you get the branding and packaging right. It’s worth it in the long term and adds perceived value to your final offering.

D. Researching any safety standards required and making sure all certifications are in place if these are necessary. We will guide you on this.

E. Finding out what each supplier needs in the way of ‘minimum orders.’ Most suppliers have these. This is where the supplier makes their profit and where you save money, by buying in bulk

F. Making sure the supplier knows the date you require the product and that they can MEET this date. Too many times assumptions are made and this can lead to lost profit and heartache for you.

As with anything else, importing from China does involve an initial ‘learning curve’, but a good supplier will offer assistance and support and some really great suppliers offer consultancy services, which will speed up your process.

Once you’ve passed ‘the learning curve’, importing from China becomes routine and easier. Importing has one distinct advantage in the end, and that is cost savings to you.

Accompanied by the convenience of the internet at present, most entrepreneurs and businesses looking for import and quantity wholesale jewelry turn to the internet basically. However, going online for quality providers might be a tough job when a person thinks the fine volume of information that should be categorized through. And while buying items through the internet has been verified to be both handy and secure as shown by the countless transactions successfully made everyday, some companies may still be wary particularly when setting first time orders with enterprises they don’t know. Therefore, in this article I concentrate on how to find import and suppliers via offline resources, such as using local sources and visiting tradeshows.

Look Locally to your Colleague Companies for Supplier Leads – Despite the convenience of the internet, some companies might feel more comfy making transaction with persons whose hands they can shake, so searching to other companies in your local domain is a reasonable first step. Either employing a search engine or your physical contacts (if you plan to remain totally offline in your hunt), check wholesale jewelry importers and bulk wholesalers in your place.

If you are just starting out or desire to buy a few parts at a time to see how they sell, joining a discount group, such as your local Sam or Costco’s Club, will allow you to access a large choices of affordable pieces. While their costs will not be nearly as good as true wholesale jewelry or import items and your profit margins will be low, you will get worthy experience for when you go onto real import and wholesale jewelry suppliers.

Attending Trade Shows to Look for Certified Wholesale Jewelry Suppliers – A worthy option would be visiting import, wholesale, and jewelry tradeshows that are held on the entire country. In the U.S, many tradeshows are held year round where you can see and compare many wholesale jewelry providers all together. Before attending such tradeshows, it’s advisable to get business cards published and ready to hand out, since interchanging contact information is important to your company.

After collecting a list of prospective wholesale jewelry suppliers, your next step will be to assess and narrow your sources to find which providers best fit your business.

According to statistics collected until early 2008, China boasts over 30 animation industrial bases, 5400 animation companies, 450 high schools teaching certified animation courses, 460,000 students studying animation related subjects and 15,000 websites discussing animation. This was an increase of over 36% in comparison to 2006.

The growth of the China animation industry is simply astounding.

But two grim facts of China’s animation landscape remain still.

One – getting a foreign animation content to broadcast on China’s national TV is almost next to impossible.

Since 2004, the control over broadcasting foreign animation content has been tightened. Prime time slots are strictly reserved for China produced content and not more than 40% air time can be given to foreign animation content. Schemes were also hatched to give incentives to local companies to produce animation content.

This is done to encourage local Chinese companies to produce their own animation content and to leverage on the growing economy of China through licensing and merchandising with successful broadcasting.

Although officially there is a 40% allowance for foreign cartoon content to be broadcasted, the fact is, many of these content showing in China are old cartoon properties like Mickey and Donald and the Looney Tunes. There is obviously a massive barrier to newer cartoons and many foreign cartoon producers have spent years trying to get their shows to broadcast in China with little success.

Two – China produced animation content is still finding difficulties in finding its way into English-only speaking markets.

Now, it is not difficult to understand why China’s animation content is not popular with English-only speaking territories. Many of the Chinese cartoon properties are based on Chinese culture, heritage and humor and are hardly what you can call international.

The main reason for this is due to the fact that the Chinese cartoon producers have not been seeing a lot of modern foreign cartoon content! They simply have not seen enough to step out of their own culture and present something that is acceptable to both the East and the West! Meanwhile, big local corporations and the Chinese government continue pumping money into the animation industry believing that Chinese animation content would somehow find its way into the international marketplace.

It may also be worthwhile mentioning that despite all these efforts by the Chinese government to encourage the growth of the local animation industry and despite the fact that the animation industry has indeed grown in size; current local animation content only occupies an estimated 1% of the total air-time in demand!

The other 99% can easily be filled up by foreign cartoon properties but apparently, that is not going to happen in the near future unless the Chinese government loosens up on its broadcast policies. And until then, the landscape of the Chinese animation industry is going to toddle along at its own speed.

Creative financing refers to a way to own real estate outside of conventional means such as traditional mortgage loans. Traditional mortgage loans are not always the best option for every circumstance, and this is where creative financing techniques can help home buyers get in to a home. Creative financing can help people with less than perfect credit own a home.

Creative financing techniques are also commonly used by investors in order to gain control of properties with the least possible out of pocket expense.

As the name suggests, there are numerous options for creative financing. Before you choose to use any method of creative financing, it is best if you research all of your options and become familiar with how it all works.

Here are several common methods of creative financing that are used…

Rent to Own / Seller Financed Mortgage

In a rent to own situation or a seller financed mortgage, the current owner of the property holds back the mortgage on the property. Typically, in a rent to own, a portion of your monthly rent goes towards a future down payment. This has advantages over renting because you rent is not going to “waste” so to speak. If you decide to purchase the property at a future date, you can use the down payment portion to help you qualify for a traditional mortgage.

In the case of a seller financed mortgage, the seller acts in the same capacity as the bank and holds the mortgage on the property that you then pay back with interest. Typically, arrangements like these are more common in times when the real estate market is moving more slowly. Both sellers and buyers can benefit from such a situation as the buyer gets in to the home and the seller is able to sell the home as well as collect interest on the deal.

80/20 Home Mortgage

An 80/20 home mortgage is actually two mortgages, a primary mortgage an a second mortgage. The concept and idea of an 80/20 home mortgage is to reduce the amount of liability towards any single lender, finance 100% of the purchase price and avoid paying PMI.

You have several options that pertain to the 20% part of an 80/20 mortgage. The second mortgage can either be fixed or a line of credit. The benefit of choosing a line of credit over a fixed rate in this situation is that the interest rates can often be 2 – 5 percent lower than a fixed rate.

Government Backed Loan Programs

Some government back loan programs are also considered creative financing. There are several state and federal loan programs offered that allow for 100% financing. Closing costs can also be rolled in to the loan in some cases.

Because these programs are government subsidized, income qualifications are a common restriction of eligibility. These programs are aimed at people with mid to low income as a means of helping everyone experience home ownership.

Hard Money Lenders

Hard money lenders are traditionally used more for investment purposes than for a primary residence. A hard money lender loans money privately usually with higher interest and shorter terms compared to traditional mortgages.

While this is no means a complete run down of creative financing techniques, as you can see there are many options when it comes to financing real estate outside of traditional means.

If you are fashion jewelery professionals or e-business users, you must know a lot of B2B website portals, but what is your definition of B2B website?

B2B means business to business, in this sense, the B2B trade website portal is one e-marketplace where offer one platform to globally gather buyers and suppliers to let them conduct their business cooperation or trade deal.

In Asia, the B2B website portal is most successful, especially, in those large Asian manufacturing countries like China, India, South-Korea, these B2B website act as one important marketing channel and e-marketplace to internationally promote those manufacturers and their large amount of products. Just for this demand or business opportunity, there comes some famous B2B trade website portal through the world, like alibaba, ec21, tradekey, commerce, ecplaza and so on. All those websites are comprehensive and contain all kinds of products’ categories, almost related to every industries. They are meaningful to global trade, or rather to manufacturers, suppliers, exporters, wholesaler, buyers, importers. Above all, they are more preferred by small and medium companies.

For global buyers, they could find their ideal suppliers and manufacturers and post their buy trade leads in these B2B trade website portals, because there are so many suppliers available to global buyers, meanwhile those suppliers are website’s members or users, offering every convenient internet or online tool for their further business negotiation.

For global suppliers, they could advertise and promote their company and products buy join those B2B website as member. Of course, in order to gain advantages of market competitive and exposure in website, they could join as premium member to acquire privileges of top list in website and search engine. By doing so, they could get limited amount of global buyers and their inquiries.

In addition to those comprehensive B2B trade website, there are a large number of professional website serving as single industry, such as food industry, fashion industry. http://www.ffcrafts.com is just one such B2B website portal which only excelled at solo fashion & crafts industry, and it offers a lot of global buyers and their buy trade leads.