Archive for ‘China alert’

03/04/2015

New app collects Xi’s wisdom – Xinhua | English.news.cn

Like Mao’s Red Book? In danger of fostering the cult of personailty?  See alsohttps://chindia-alert.org/2015/03/11/chinas-risky-mao-style-focus-on-the-personal-life-of-president-xi-jinping-china-real-time-report-wsj/

Xi Jinping 习近平

Xi Jinping 习近平 (Photo credit: Wikipedia)

“A new application featuring Chinese President Xi Jinping‘s remarks and works was launched on Thursday, an attempt to promote socialism with Chinese characteristics.

The free app, developed by the Party School of the Communist Party of China Central Committee, makes available Xi’s books including “The Governance of China” and “Shake off Poverty” alongside quotations and a collection of his speeches.

Commentaries on Xi’s thoughts by experts from the school are also provided.”

via New app collects Xi’s wisdom – Xinhua | English.news.cn.

03/04/2015

A New Cancer Drug, Made in China – China Real Time Report – WSJ

Xian-Ping Lu left his job as director of research at drug maker Galderma R&D in Princeton, N.J., to co-found a biotech company to develop new medicines in his native China. As the WSJ’s Shirley S. Wang reports:

It took more than 14 years but the bet could be paying off. In February, Shenzhen Chipscreen Biosciences’ first therapy, a medication for a rare type of lymph-node cancer, hit the market in China.

The willingness of veterans like Dr. Lu and others to leave multinational drug companies for Chinese startups reflects a growing optimism in the industry here. The goal, encouraged by the government, is to move the Chinese drug industry beyond generic medicines and drugs based on ones developed in the West.

Chipscreen’s drug, called chidamide, or Epidaza, was developed from start to finish in China. The medicine is the first of its kind approved for sale in China, and just the fourth in a new class globally. Dr. Lu estimates the research cost of chidamide was about $70 million, or about one-tenth what it would have cost to develop in the U.S.

“They are a good example of the potential for innovation in China,” said Angus Cole, director at Monitor Deloitte and pharmaceuticals and biotechnology lead in China.

China’s spending on pharmaceuticals is expected to top $107 billion in 2015, up from $26 billion in 2007, according to Deloitte China. It will become the world’s second-largest drug market, after the U.S., by 2020, according to an analysis published last year in the Journal of Pharmaceutical Policy and Practice.

via A New Cancer Drug, Made in China – China Real Time Report – WSJ.

03/04/2015

IBM forges mobile app partnership with China Telecom | Reuters

International Business Machines (IBM) (IBM.N) has struck a deal with China Telecom Corp Ltd (0728.HK) to offer and manage corporate-grade mobile apps, the latest in a string of tie-ups with Chinese firms.

A worker is pictured behind a logo at the IBM stand on the CeBIT computer fair in Hanover February 26, 2011. REUTERS/Tobias Schwarz

Under the agreement, state-owned China Telecom will host on its servers IBM’sMobileFirst service, which helps corporations manage apps for Apple Inc‘s (AAPL.O) iPhone and iPad devices.

The two companies have not yet disclosed any customers but will seek out everything from large, state-owned enterprises in sectors like banking and insurance to private startups, Nancy Thomas, a Beijing-based managing partner of global business services, said in a telephone interview.

IBM’s strategy has been to deepen its presence and win favor in China through partnerships with local firms despite political headwinds.

Citing cybersecurity concerns, the Chinese government recently announced regulations that encourage state-affiliated companies to procure more tech products from domestic suppliers and shun international vendors. Western business lobbies say this is an unfair tactic to protect Chinese companies or spur technology transfer.

IBM Chief Executive Virginia Rometty said in a speech before business and political elite in Beijing last week that the company would share its technology and help Chinese companies to continue doing business in the country.

Thomas, the Beijing-based executive, said IBM intended to collaborate closely with China Telecom, the largest cloud provider in China and the largest fixed-line carrier.

“When we think about technology sharing, that is the first foundation we’ll be working on when we’re bringing MobileFirst to China Telecom’s cloud,” Thomas said.

MobileFirst is the result of a collaboration between IBM and Apple. IBM has released dozens of iPhone and iPad apps that for instance help shipping companies manage freight or provide records on-the-go for medical doctors.

via IBM forges mobile app partnership with China Telecom | Reuters.

03/04/2015

Toyota to end expansion freeze, invest $1.3 billion in two new Mexico, China plants: sources | Reuters

Japan’s Toyota Motor Corp (7203.T) will spend about 150 billion yen ($1.3 billion) to build two new car plants in Mexico and China, two people familiar with plans said, ending a three-year freeze imposed after unchecked growth lumbered the world’s biggest auto maker with too many idle production lines.

A visitor walks under a logo of Toyota Motor Corp at the company's showroom in Tokyo February 4, 2015. REUTERS/Yuya Shino

Reuters reported in January that plans were in place for new plants in the two countries, awaiting a green light from top management that has now been given. President Akio Toyoda had been cautious about expanding after Toyota was hit by a capacity glut following the global financial crisis.

The new plants will raise Toyota’s annual production capacity by nearly 300,000 cars, the two people said – 200,000 in Mexico and up to 100,000 in China. They declined to be identified because they are not authorized to speak to the media, and said the expansion may be announced formally as early as this month.

The renewed expansion drive by Toyota will put more pressure on rivals such as General Motors Co (GM.N) and Volkswagen AG (VOWG_p.DE), in a global automotive industry still burdened by being able to make more cars than it can sell. The increase in global production capacity of up to 300,000 compares with sales of just over 10 million in 2014.

Immediately after the financial crisis, big carmakers were cautious about adding production capacity. Now, with demand in the United States back at pre-crisis levels and China’s auto market growing, albeit more slowly, expansion is back on the agenda.

via Toyota to end expansion freeze, invest $1.3 billion in two new Mexico, China plants: sources | Reuters.

02/04/2015

African phone sales soar, Chinese makers have 30% of market – Business – Chinadaily.com.cn

With a growing number of Chinese cell phone makers taking giant strides in overseas markets, Africa, with its huge population, is also in its sights.

African phone sales soar, Chinese makers have 30% of market

OPPO, a Chinese producer, has unveiled two smartphones, OPPO N3 and OPPO N5, in Morocco, taking the number of Chinese cell phone makers in Africa above 10.

The first batch of manufactures entering the African market were copy makers based in Shenzhen, South China’s Guangdong province, China Business News cited Yan Zhanmeng, a senior analyst of IDC China, as saying. With a smartphone boom in 2013, more famous Chinese makers have been tapping into the market, Yan added.

IDC data showed that the market share of Chinese cell phone brands rose to 30 percent in 2014, from 15 percent two years earlier. Huawei, Tecno and Alcatel have entered the top five in the African market, which surged 108 percent last year.

Africa has a population of one billion, accounting for 15 percent of the world population. Most important is that the number of cell phone users has exceed 200 million, even during the 2009 financial crisis, the growth rate hit 14.8 percent.

Nigeria, with the biggest population in Africa, currently has the most cell phone users, accounting for 16 percent of total users on the continent, followed by Egypt and South Africa. In the next five years, the most obvious growth will focused in Central and East Africa, among which growth in Ethiopia, Congo, Eritrea and Madagascar is expected to exceed 100 percent.

via African phone sales soar, Chinese makers have 30% of market – Business – Chinadaily.com.cn.

02/04/2015

Why China May Have the Most Factory Robots in the World by 2017 – China Real Time Report – WSJ

Having devoured many of the world’s factory jobs, China is now handing them over to robots.

China is already the world’s largest market for industrial robots—sales of the machines last year grew 54% from 2013. The nation is expected to have more factory robots than any other country on earth by 2017, according to the German-based International Federation of Robotics.

A perfect storm of economic forces is fueling the trend. Chinese labor costs have soared, undermining the calculus that brought all those jobs to China in the first place, and new robot technology is cheaper and easier to deploy than ever before.

Not to mention that many of China’s fastest-growing industries, such as autos, tend to rely on high levels of automation regardless of where the factories are built.

“We think of them producing cheap widgets,” but that’s not what they’re focused on, says Adams Nager, an economic research analyst at the Information Technology & Innovation Foundation in Washington. Mr. Nager says China is letting low-cost production shift out of the country and is focusing instead on capital-intensive industries such as steel and electronics where automation is a driving force.

via Why China May Have the Most Factory Robots in the World by 2017 – China Real Time Report – WSJ.

02/04/2015

Pakistan close to buying eight Chinese submarines – FT | Reuters

Pakistan is close to agreeing a multi-billion dollar deal to buy eight submarines from China, the Financial Times reported on Thursday, in what would be one of China’s largest overseas weapons sales.

The decision had been agreed “in principle”, the newspaper said, citing a hearing in the Pakistani parliament‘s defence committee. Pakistani newspaper the Dawn said negotiations with China were at an advanced stage.

Pakistani defence officials could not immediately be reached for comment. China’s Ministry of Defence declined to comment.

A former senior Pakistan navy officer with knowledge of the negotiations told the Financial Times the contract could be worth $4 billion to $5 billion.

It was unclear what type of submarine Pakistan was looking to buy but China has poured resources into developing diesel- and nuclear-powered submarines in recent years.

China and Pakistan call each other “all-weather friends” and their close ties have been underpinned by long-standing wariness of their common neighbour, India, and a desire to hedge against U.S. influence across the region.

President Xi Jinping will travel to Pakistan this month, the government in Islamabad has said. China has said Xi would visit this year but given no timeframe.

China is Pakistan’s top supplier of weapons, according to the Stockholm International Peace Research Institute (SIPRI), which tracks global arms sales, selling 51 percent of the weapons Islamabad imported in 2010-2014.

China has also surpassed Germany to become the world’s third largest arms exporter, SIPRI said in a report last month. Little is known about China’s arms exports because the country does not publish data on such sales.

via Pakistan close to buying eight Chinese submarines – FT | Reuters.

01/04/2015

China to phase out outdated regulations – Xinhua | English.news.cn

China has announced a new drive to phase out outdated rules.

The State Council, the country’s cabinet, said on Tuesday that it will put all government rules and regulations since the founding of the New China under scrutiny.

A statement from the State Council said the new undertaking, which will take approximately three years, is crucial to cutting red tape and devolving power while improving regulation, and to building a law-based government.

In particular, authorities will focus on removing obsolete government regulations that now run counter to the Constitution and laws, impede deepening reform and opening up, and those that infringe on citizens’ rights and interests.

The government should make sure that “anything the law does not authorize is not done, while all duties and functions assigned by law are performed”, the statement said, adding that details of rules to be abolished will be made public and that the campaign will be based on “scientific evaluation”, so as not to leave room for “regulation vacuums”.

via China to phase out outdated regulations – Xinhua | English.news.cn.

01/04/2015

High-tech sanitation: Race to the bottom | The Economist

JAPAN is often viewed with antipathy in China, but increasingly commerce is trumping contempt. During the lunar new-year holiday in February, Chinese tourists thronged to Japan in record numbers. Many came home lugging a high-end Japanese luxury: a heated toilet-seat complete with pulsating water jets, deodorisers and even music to drown out less melodious tinklings. In recent weeks the run on Japanese loos has been a topic of much debate among Chinese commentators, revealing deep insecurities.

Chinese visitors bought more high-tech lavatory seats than almost any other Japanese product during the week-long break, according to Hottolink, a Japanese consulting firm. Most popular was a new variety with hands-free lid opening, say staff at a branch in Tokyo of Bic Camera, a consumer electronics store where Chinese shoppers are so numerous that signs advertise wares in Chinese and assistants speak Mandarin. These cost around ¥65,000 ($540). Some bought several seats, including portable, battery-powered ones.

Relations between China and Japan have shown recent, tentative signs of warmth after a long chill. But only three years ago demonstrators in several Chinese cities called for a boycott of Japanese goods in protest against Japan’s stance in a still-festering dispute over uninhabited islands in the East China Sea. Some Japanese companies responded by minimising or hiding their branding on products sold in China.

via High-tech sanitation: Race to the bottom | The Economist.

01/04/2015

China to unveil measures to fight water pollution | Reuters

China is to launch an action plan to protect the quality of its scarce water resources after years of rapid economic growth that have left much of its water supply too polluted for human consumption or for growing food.

The plan, expected to be published this month, will require firms in heavily polluting industries such as paper mills and dye and chemical plants to treat discharged water and it will set higher penalties for those that violate rules on discharging pollutants, according to official media reports.

One third of China’s major river basins and 60 percent of its underground water are contaminated, according to official data, posing a major threat to public health and food security.

The long-awaited action plan is expected to be approved by the cabinet this month to give it legal powers to hold polluters and local authorities responsible.

“The plan will ring an alarm bell with local authorities who did little to protect water and will help to remove the regional segregation that constrained the growth of the water treatment business,” said He Yuanping, executive vice president of Originwater, a private clean water technology company.

He estimated the treatment business could be worth more than 2 trillion yuan ($323 billion) in terms of the total investment involved, including assets owned by local governments.

via China to unveil measures to fight water pollution | Reuters.

Law of Unintended Consequences

continuously updated blog about China & India

ChiaHou's Book Reviews

continuously updated blog about China & India

What's wrong with the world; and its economy

continuously updated blog about China & India