Archive for June, 2014

08/06/2014

China Wants America’s Milk, and U.S. Dairy Exports Benefit – Businessweek

Increased demand for dairy products around the world, particularly in China, is doing for U.S. farmers what decades of farm policy could not: sell off all the milk their cows can produce at record-high prices.

Hunter Haven Dairy Farm in Pearl City, Ill.

The good fortune of U.S. dairy farmers is due to exploding demand from an emerging global middle class, but also to misfortunes elsewhere. In China, domestic dairy has been hampered by production problems and lingering distrust among consumers about safety. In New Zealand, the global leader in dairy exports, a 2013 drought reduced the country’s ability to meet foreign customers’ needs. In the first quarter of 2014, the value of U.S. dairy exports grew 39 percent.

“China buying has been through the roof,” says Alan Levitt, spokesman for the U.S. Dairy Export Council. “We shifted from a period of structural oversupply to structural undersupply.” Exports have been rising steadily during the past decade, but they surged in the past year—evidence that the U.S. can be a viable player in the global dairy market.

via China Wants America’s Milk, and U.S. Dairy Exports Benefit – Businessweek.

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08/06/2014

China taps tech training to tackle labor market mismatch | Reuters

China is waking up to a potentially damaging mismatch in its labor market.

Job seekers attend a job fair at Tianjin University November 22, 2013. REUTERS/Stringer

A record 7.27 million graduates – equivalent to the entire population of Hong Kong – will enter the job market this year; a market that has a shortage of skilled workers.

Yet many of these university and college students are ill-equipped to fill those jobs, prompting the government to look at how it can overhaul the higher education system to bridge the gap. The problem is part structural, part attitude.

While most liberal arts students are still looking for work after graduating this summer, 22-year-old Li Xidong is preparing to start a job as an electrician that he landed well before finishing three years of training at a small vocational school.

Li’s diploma may appear less impressive, but his coveted job in a tight labor market may hold the key to the employment conundrum in the world’s second largest economy. The machinery sector alone projects a gap of 600,000 computer-automated machine tool operators this year, media have reported.

“We’re trained as skilled workers, it’s quite easy for us to find jobs while still in school,” said Li, who is in the final stretch of a 3-year program at Hebei Energy College of Vocation and Technology in Tangshan, an industrial city 180 kms (112 miles) east of Beijing.

“Seventy percent of our class found work and some others are starting their own businesses,” Li noted, as he waited for a friend at a recruitment fair in the capital, where fewer than a third of this year’s university graduates had found work by end-April.

The government has said it plans to refocus more than 600 local academic colleges on vocational and technical education – replacing literature, history and philosophy with technology skills such as how to maintain lathes and build ventilation systems. Course curricula will be tailored to meet employers’ specific needs.

Pilot programs will be launched this year, and 150 local universities have signed up for the education ministry’s plan, the official Xinhua news agency has reported.

via China taps tech training to tackle labor market mismatch | Reuters.

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06/06/2014

China frees three activists after Tiananmen anniversary | Reuters

China released on Thursday three activists who had been detained for a month for attending a meeting to commemorate the military suppression of pro-democracy protests in Tiananmen Square in 1989, their lawyers said.

A police car guards in front of a giant portrait of China's late Chairman Mao Zedong at Tiananmen Square in Beijing June 4, 2014. REUTERS/Petar Kujundzic

The activists were freed a day after the 25th anniversary of the bloody crackdown, marked by tens of thousands of people in Hong Kong, even as Chinese authorities sought to whitewash the event in the mainland.

Two of their peers remained in custody.

via China frees three activists after Tiananmen anniversary | Reuters.

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06/06/2014

Stunning fossil eggs provide insight on ancient flying reptiles | Reuters

A spectacular fossil find in China – a prehistoric egg extravaganza from 120 million years ago – is providing unique insight into the lifestyle and gender differences of pterosaurs, the flying reptiles that lived alongside the dinosaurs.

An artist rendition depicts ecological reconstructions of Hamipterus, the flying reptiles that lived alongside the dinosaurs. REUTERS/Chuang Zhao/Handout via Reuters

Until now, only four pterosaur eggs had ever been found, and all were flattened during the process of fossilization.

But Chinese scientists said on Thursday they had unearthed five pterosaur eggs preserved beautifully in three dimensions at a site in northwestern China that also includes no fewer than 40 adult individuals of a newly identified species that lived in a bustling colony near a large freshwater lake.

“This is definitely the most important pterosaur site ever found,” said paleontologist Zhonghe Zhou, director of the Chinese Academy of SciencesInstitute of Vertebrate Paleontology and Paleoanthropology.

The creature, Hamipterus tianshanensis, had a crest atop its elongated skull, pointy teeth for catching fish and a wingspan of more than 11 feet (3.5 meters).

via Stunning fossil eggs provide insight on ancient flying reptiles | Reuters.

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06/06/2014

Telemedicine in India might be just what the doctor ordered | India Insight

Between surgeries and hospital rounds one recent day, Dr. Rajiv Parakh made a dash into his Gurgaon office for an appointment he couldn’t miss: a consultation with a patient who lives hundreds of kilometres away.

Seated before his laptop in this city on the outskirts of India’s capital, the surgeon listened as a patient in Bangladesh’s capital Dhaka described his swollen legs. For the next 20 minutes, Parakh examined the patient via Web camera, made a diagnosis and prescribed treatment.

The bespectacled Parakh, a practising doctor for nearly 30 years, spoke in Hindi during the session, enunciating his words for clarity.

Medanta, the multi-specialty hospital where he works, started its free telemedicine service about a year ago as an outreach service for patients who cannot visit the hospital.

“In-person consultation is obviously the gold standard,” Parakh told India Insight. “But if we have a doctor at the patient’s end, especially somebody who he trusts and who he knows, we can be reasonably comfortable about prescribing treatment.”

Medanta is one of several e-health providers that say they want to change how healthcare is delivered in India, and address the industry’s two biggest problems: accessibility and lack of manpower.

India has 0.7 physicians per 1,000 people — BRIC peers Russia (5), Brazil (1.5) and China (1.5) have better ratios — and most Indians travel about 20 kilometres to reach a hospital, according to a 2012 report by accounting firm PricewaterhouseCoopers (PwC).

via Telemedicine in India might be just what the doctor ordered | India Insight.

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06/06/2014

Modi govt to promote civilian settlements along India-China border – The Times of India

The Narendra Modi government may not only strengthen ITBP deployment and infrastructure along the India-China border, but also promote civilian settlements in border areas.

China-India Map

Unlike the UPA regime that was reluctant to undertake aggressive deployment of troops in stretches close to the India-China border, the Union home ministry may now go for a formal survey of the border gaps and come up with a fresh deployment plan to ensure that ITBP troops are in good strength to discourage incursions on part of the Chinese troops into Arunachal Pradesh and Ladakh.

In addition to that, road connectivity will also be strengthened along the border areas. The strengthening of infrastructure will also cover construction of bridges and better mobile connectivity through setting up of BSNL towers.

However, a significant move on part of the Centre would be to promote human settlements towards Indian side of the India-China border. This, sources pointed out, would help reinforce India’s claim to the area in any subsequent border settlement negotiations. A senior government functionary recalled former Prime Minister Atal Bihari Vajpayee‘s insistence on leaving human settlements untouched while working out the border demarcation.

Meanwhile, with reports indicating that Chinese President Xi Jinping may visit India later this year, there is renewed hope among the people of Arunachal Pradesh that the stapled visa issue would finally be settled. “The two leaders wield all the power to have the final word on betterment of India-China ties,” a senior government functionary pointed out.

via Modi govt to promote civilian settlements along India-China border – The Times of India.

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06/06/2014

China’s services sector grows apace, mirroring rebound in manufacturing | South China Morning Post

China’s services sector grew at its fastest pace in six months last month as new orders rebounded, an official survey showed, reinforcing hopes that the economy may be steadying after a tumultuous few months.

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The official non-manufacturing purchasing managers index (PMI) climbed to 55.5 from April’s 54.8, the National Bureau of Statistics said. That is well above the 50-point level that separates an expansion from a contraction in activity.

In a sign of buoyancy in the sector, new orders rebounded to an eight-month high of 52.7 from April’s 50.8. Business expectations also held their ground at a solid 60.7, compared with April’s 61.5.

The pick-up in the services PMI echoes a rebound in the factory sector, which turned in its best performance in four months last month as export orders improved, although activity still contracted, a private survey showed yesterday.

The final reading of the HSBC/Markit PMI for May rose to 49.4 from 48.1 in April, although lower than a preliminary “flash” reading of 49.7.

The final PMI was weaker than the flash reading because of an upward revision of the inventory of finished goods, HSBC said.

via China’s services sector grows apace, mirroring rebound in manufacturing | South China Morning Post.

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06/06/2014

Timeline: Indian Prime Minister Visits to the U.S. – India Real Time – WSJ

Indian Prime Minister Narendra Modi, who took office just last month, has accepted an invitation from President Barack Obama to visit Washington D.C. in September.

If the visit happens as scheduled, he will be the latest leader of the world’s largest democracy to visit the world’s second largest democracy.

The relationship goes both ways. U.S. Presidents going back to Dwight D. Eisenhower have made visits to India. Click here to see the list of U.S. presidents who have made the trek to South Asia.

While most Indian Prime Ministers had official visits to the United States, six Indian premiers–including Lal Bahadur Shastri and H.D. Deve Gowda–did not visit the states while they were in office.

Here is a list of some of the trips made by prime ministers according to the U.S. Department of State.

Jawaharlal Nehru: The first prime minister of independent India went to the U.S. in 1949 and then in 1956 at which time he visited Washington D.C. and Pennsylvania.

Indira Gandhi:  Ms. Gandhi visited the U.S. three times during her years in office. Her first visit was in 1966 when Lyndon B. Johnson was the president. Her second visit came in 1971 and her final visit was in 1982.

Indira Gandhi, left, stood next to Richard Nixon during an official ceremony during her visit to the U.S. in November 1971. Agence France-Presse/Getty Images

Morarji Desai: Mr. Desai went to the U.S. in 1978 visiting New York, San Francisco and Omaha.

Morarji Desai. Keystone/Hulton Archive/Getty Images

Rajiv Gandhi: Mr. Gandhi visited the U.S. two times in 1985 and once in 1987. He was assassinated two months after his 1987 visit.

Rajiv Gandhi addressed a crowd during election campaign rally at Faizabad in Uttar Pradesh. Agence France-Presse/Getty Images

P.V. Narasimha Rao: Mr. Rao–who is credited for starting to open India’s economy– visited the U.S. twice during his four years in office. He met President George H.W. Bush during a U.N. Security Council Summit in New York in 1992.  He visited again two years later to address a joint meeting of the U.S. Congress.

P.V. Narasimha Rao, left, with Hillary Clinton. Douglas E. Curra/Agence France-Presse/Getty Images

Inder Kumar Gujral:  Though Mr. Gujral served as India’s prime minister for less than a year, he found time to visit New York where he met President Bill Clinton at the U.N. General Assembly in 1997.

Inder Kumar Gujral. Sena Vidanagama/Agence France-Presse/Getty Images

Atal Bihari Vajpayee: Mr. Vajpayee—the last prime minister from Mr. Modi’s Bharatiya Janata party–visited the U.S. four times during his five years in office, twice in 2001 and once each in 2002 and 2003.

Atal Bihari Vajpayee, right, posed for photographs with George W. Bush in New York, Sept. 24, 2003. Luke Frazza/Agence France-Presse/Getty Images

Manmohan Singh: Mr. Singh was the prime minister for close to ten years until last month. He visited the U.S. on no less than seven occasions.

via Timeline: Indian Prime Minister Visits to the U.S. – India Real Time – WSJ.

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06/06/2014

China’s Xiaomi, the World’s Fastest-Growing Phone Maker – Businessweek

On May 15, behind the curving, imperial facade of the China National Convention Center in Beijing, a veteran technology executive named Lei Jun walks onstage before a thousand raucous fans and members of the media. It’s a familiar scene everywhere now, and like many technology chiefs, Lei peppers his talk by ticking off some of the recent successes enjoyed by his company, the mobile device maker Xiaomi. Sales have been higher than expected; more than 50 million people use the company’s MIUI operating system. Then he gets to the new products, which today are a smart TV that can be controlled with an app and an Android-powered tablet computer, called Mi Pad, that comes in five colors and is priced to undercut the iPad mini. “I hope through our endeavor we can make Apple (AAPL) feel some pressure,” Lei says.

Lei established a “10-to-10” schedule at the company

The crowd reacts to each product revelation as if it’s a World Cup goal. The hardware is indeed slick—the TV has the latest high-def specs, and the tablets are the first devices to use the newest processor from chipmaker Nvidia (NVDA). But Lei is delivering another, more potent message. He’s effectively giving an hourlong demonstration of an historic moment: China, for the first time, has its own technology brand that consumers truly lust after.

Following the event, the fans mill around in the Beijing smog, taking selfies with their MiPhones, waving Xiaomi signs, trading impressions of the new gadgets. Some made 15-hour trips to be here. Zhi Yuan, 28, who took a seven-hour train ride from Shandong province, proudly shows off his Xiaomi phone, the economical Redmi model. He likes it because it’s easy to use. Lei, he says, “can understand our wishes. He knows what Xiaomi fans want.”

via China’s Xiaomi, the World’s Fastest-Growing Phone Maker – Businessweek.

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06/06/2014

In China, Cruise Lines Hope to Woo Millions of First-Time Guests – Businessweek

Cruise lines are betting that the growing number of middle class consumers in China are keen to sample chocolate buffets and stroll the Lido deck. And that’s leading to an influx of ships being sent to sail year-round from mainland China.

The Carnival Sun Princess

China is expected to be the world’s second-largest cruise market (after the U.S.) by 2017, with growth rates far higher than in North America and Europe, the two regions where the industry has historically collected most of its profits. Carnival (CCL), the industry’s largest player, with 10 brands and more than 100 ships, plans to base four ships in mainland China next year, while also boosting its year-round fleet in Australia. The Asian Cruise Association estimated in a 2013 report that area demand will nearly triple to 3.8 million annual cruisers in 2020, with 1.6 million from China.

“The reality is that the [Asian] market’s huge, and it’s going to be very significant over the next 10 to 20 years,” Carnival Chief Executive Officer Arnold Donald says. “We have never been more committed to China as a market of great strategic importance for our company.”

via In China, Cruise Lines Hope to Woo Millions of First-Time Guests – Businessweek.

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