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Bill Belew has raised 2 bi-cultural kids, now 34 and 30. And he and his wife are now parenting a 3rd, Mia, who is 8.

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The following are the top ten business events in 2006 listed by the International Business Daily.

1. The 100th Chinese Export Commodities Fair (Canton Fair) opened on October 15, 2006.

2. The Ministry of Commerce conducted 13 key projects, including developing village and township markets, encouraging enterprises to invest in Central China, Chinese Brand Promotion, building a modern agricultural products circulation system, establishing silkworm breeding bases in Central and West China and an energy saving project.

3. The Chinese government made a great effort to crack down on commercial bribery nationwide to promote fair competition.

4. China had been a WTO member for five years as of October 11, 2006, and had accomplished some remarkable achievements.

5. China adjusted the export drawback rates of some exported commodities starting September 15, 2006. The nation reduced the drawback rate of 142 kinds of steel products from 11 percent to eight percent but increased that of IT products, biotechnological medicines, and high-tech products from 13 percent to 17 percent.

6. The European Union (EU) began anti-dumping investigations on Chinese shoemakers.

7. The Ministry of Commerce set down commercial tasks and goals for the 11th Five-Year Program (2006-10). By the end of 2010, China will see a unified and open domestic market, a new foreign trade increase pattern and a highly efficient governmental work mechanism.

8. The value of yuan, the Chinese currency, rose 3.36 percent against the US dollar last year.

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9. Foreign trade volume totaled US$1.6 trillion during the first 11 months of 2006, an increase of 24.3 percent year on year, according to China Customs.

10. Chinese steelmakers joined in global iron ore price negotiations in 2006, taking advantage of China’s position as the largest iron ore import country in the world.

Please consider nominating PanAsianBiz for Best New Blog Started in 2006 or Best Topic Blog by going to the Seventh Annual Weblog Awards – the 2007 Bloggies. January 10th is the deadline.

Talk to Bill and others about their experiences raising bi-cultural Japanese-American kids.

Bill Belew

Daddy and Christian.

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