COMPANY PROFILE - THE CHO GROUP
The Cho Group is a Hong Kong registered company with its head office based at the capital City Guangzhou, Main Land China.
The Cho Group has successfully acquired ownership of various companies in a wide range of industries, raised capitol, and facilitated various business plans and models to commercialize numerous unique and advanced technologies. It has a very selective group of partners which help strategically grow the group of companies.
Michael Honsue Cho is the Chairman and major shareholder of The Cho Group. Other active shareholders/partners of The Cho Group include Scott Waters, Cao Chu, Cao Jing, Hon Cho, Howard Hao Wu, Kim Lay and Ron Lim Chang Hing.
The Cho Group funds and develops advanced technology Humanitarian and Environmental projects combining an ethical business model with highly profitable businesses.
Projects developed earlier by the group have been aggregated into a diversified portfolio of exciting, highly profitable advanced technology companies for investors.
What we do?
The Cho Group has acquired substantial assets such as Land, Factories, Patents, Inventions, Joint Ventures, Licenses and Distribution rights of various companies’ products and services in China and Asia with plans for future expansion throughout the world.
Activities have included raising Capitol, acquisitioning of land, filing patents of technologies, developing business plans, company presentations and websites, creating training programs, setting up manufacturing laboratories, successfully obtaining contracts for government and private sectors and company development from startup to turn key operations.
The Cho Group seeks Distributors, Agents, Licensees and Dealers for the various company products and services on behalf of our clients as well as for our own invested projects.
Opportunity for a Share in China’s Future Growth: The Cho Group Limited offers the best International investment opportunities available both in China and internationally. Investors in these projects have a unique opportunity for returns where they can potentially profit not only from internal economic and infrastructure growth but also from massively increased domestic consumer spending as well.
Opportunity exists at the present time for a limited few to be part of these exciting environmental and humanitarian projects that will change the world.
A team within our company also provides Import and Export opportunities to source products and services in China and around the world. We also provide for select clients strategic planning and establish companies for those wishing to enter the China market.
The question for CEO’s and investors the world over is no longer “Should my company go to China?” but rather “Can my company afford NOT to be in China?”
Over the last ten years China has become one of the world’s greatest economic success stories. The world’s biggest corporations have been investing in China; over 450 of the Fortune 500 Companies have established a presence in China.
Almost every sector in China has experienced massive growth and development including manufacturing, energy, banking, tourism, telecommunications, pharmaceuticals, financial markets along with commercial and residential property markets.
AND THIS IS JUST THE BEGINNING
A recent report by McKinsey Global Institute forecast:
“In 20 years, China’s cities will have added 350 million people—more than the entire population of the United States today.”
“By 2025, China will have 221 cities with more than one million inhabitants—compared with 35 in Europe today—and 24 cities with more than five million people.”
“By 2030, 1 billion people will live in China’s cities…170 mass-transit systems could be built…40 billion of square meters of floor space will be built in five million buildings—50,000 of which could be skyscrapers.”
By 2010, half of the world’s 1 billion global cell phone subscribers will be located in China. In other words, as China transforms itself from a nation of farmers to a nation of urban dwellers, the equivalent of 10 New York cities will need to be built, and in doing so will richly reward investors who invest now. This rapid growth is why so many knowledgeable business leaders currently are actively investing in China’s growth and development.
MID AND LONG TERM ECONOMIC GROWTH
Investment in infrastructure and huge foreign investment have produced economic growth of 10-12% for the last ten years. Growth for the fiscal year ended March 2007 was 11%. While most developed economies are currently experiencing nil growth, China will sustain over 8% growth until 2020 and become the largest economy in the world, ahead of the U.S., by 2030.
Astute investors obviously want to be part of this success story.
The combination of low energy costs, low interest rates, and a stable banking system drives more investment into China as the country uses its newfound capital to build more roads, bridges and infrastructure at record pace.China has the largest and fastest growing middle class in the world and is predicted to reach 300 Million by 2010.
With 8% growth, China’s economy is still growing like a weed. Its standard of living is on the rise. And its people are spending like there’s no tomorrow: buying into a much richer lifestyle, filled with cell phones, big-screen TVs, and cars—the same things consumers in developed countries take for granted.
When you consider that by the year 2025 China will have 221 cities with more than one million people living in them, it is hard to imagine all the goods and services needed, as China’s newfound consumer class enters the marketplace and replaces the American consumer as the supreme driver of world growth.
BIG INCREASE IN DOMESTIC STIMULUS SPENDING
Although China’s export dependence is much bigger than a decade ago, it now has US$ 1.9 trillion Foreign Exchange reserves and outstanding public debts only account for 18% of national GDP (the lowest among all major economies). With US$ 400 billion fiscal surplus accumulated in the past few years; its banking system remains largely unexposed to highly leveraged instruments and credit swaps which triggered the present financial crisis. All this means, China will have little difficulty in taking an aggressive fiscal expansion and maintain its growth of more than 8% in 09. Yes - China will slow but it will still be one of the only areas worldwide that has significant growth. The government there is very motivated to maintain growth of 8% or above to ensure full employment and social harmony. The government will do anything they need to in order to ensure they reach this goal.
The bottom line: With substantial foreign reserves (1.9 trillion US$), a government surplus of 2% of GDP and limited public and private debt, China is uniquely well positioned to spend its way through a period of slower external growth to ensure continued economic growth. And with $1.4 trillion in cash sitting in their banks, there’s no liquid crisis in China.
Inflation is down -- providing room to spur growth through spending. As a country seeing rapid development, urbanization and industrialization, China is extremely energy-hungry. Inflation was a major concern there for the first half of 2008 as China’s population and leaders feared that sustained high prices would slow or permanently damage their economy. The recent swift decline in oil and food prices has helped this situation dramatically; giving China the latitude to spur growth through spending and the ability to deliver on their promise of continued development to their people.