Wilson Ng started helping the family business since 9 years old. Since then, he had dreamt to be a successful entrepreneur, one who starts great businesses  ( he has started 7) from scratch with insight, guts and initiative. He keeps his focus on growing the business by creating value-- not on politics, or wasteful distractions. He brings the same focus to community service, teaching, life and family.

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  Tuesday, October 19, 2004


What China Consumes  ( news)

I got this from Fortune Magazine, Oct 11, 2004.  All businesses should try to look at China.  China has about 20.5 percent of the world's population at 1.3 billion as of 2003. The country has made a name for itself as the world's factory, but it is also fast becoming one of the biggest buyers of various products. Here, are the commodities that China consumes almost or more than a fifth of the world total as of 2003:

cell phone 20.1 percent

cigarettes 34.8 percent

coal 31 percent

cotton 32.7 percent

fish 32.3 percent

pork 50.8 percent

poultry 19.2 percent

copper 19.7 percent

Ice cream 19.1 percent

Soybeans 19.6 percent

rice 32.8 percent

finished steel 26.9 percent

TVs 23.2 percent

It should be noted that on many items as well, this is growing also faster than the world average.

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