Archive for ‘China alert’

29/01/2012

* Biggest human migration

This January sees the start of the Year of the Dragon. The Chinese dragon, opposite to its western counterpart, is perceived as an auspicious, powerful and dynamic icon, always courageous enough to face daunting challenges.

Chinese Lunar New Year/Spring Festival is when traditionally Chinese families get together to exchange presents and to wish each other well. With between 150 to 200m Chinese from rural areas working in big cities in China, the week-long break is a must-travel time. Most do so by rail, though many take coaches and some fly.  The travel exodus is exacerbated by students visiting families too. It is estimated that 3bn passenger trips are incurred during for the two-way trips.

The Chinese railways lay on up to a 1,000 addition trips at the two weekends on either end. This year, a new on-line and telephone system that was meant to ease booking problems actually contributed to chaos as many migrant workers do not use the Internet and many do not know how to book by phone, especially as some form of credit facility is needed. Another case of the manifestation of the “Law of Unintended Consequences” or, in this case, “The Law of Contrary Consequences”.

The fundamental problem is that migrant workers are not issued with full residency permits in the cities in which they spend 90% of their lives and often cannot either afford to or are allowed to bring their children with them. The children therefore remains in the village looked after by the grandparents. This in turn means if there is no wisit, they do not see their offspring at all!

http://www.chinadaily.com.cn/opinion/2012-01/12/content_14426708.htm

28/01/2012

* Cadmium discharge threatens 3.7m people in China

31/01/12 update: Seven chemical company officials arrested.

http://flashnewstoday.com/index.php/seven-detained-over-china-river-cadmium-spill/

27/01/12 – Reuters: “A cancer-causing cadmium discharge from a mining company has polluted a long stretch of two rivers in southern China, and officials warned some 3.7 million people of Liuzhou in the Guangxi region to avoid drinking water from the river.

“Pollution of waterways by toxic run-offs from factories and farms is a pressing issue in China, prompting authorities to call for policy tightening, though the problem shows no sign of going away.”

http://www.reuters.com/article/2012/01/27/us-china-pollution-cadmium-idUSTRE80Q0IN20120127

and http://www.chinadaily.com.cn/china/2012-01/30/content_14502146.htm

26/01/2012

* Huawei invests in British research firm

Huawei, China’s premier telecoms supplier, is acquiring the Centre for Integrated Photonics (CIP), the UK’s world-leading photonics research laboratory, for $10m.

The optical networking research unit is currently owned by the East of England Development Agency (EEDA), but is being sold as part of a larger rationalisation of assets.

Huawei said CIP will “significantly deepen” its optical research and development capabilities. The CIP research team will be retained and will form the core of a new Huawei UK R&D centre, part of Huawei’s global network.

This acquisition is much more significant than that of a 10% ownership of Thames Water by a Chinese sovereign fund. It will enable Huawei to tap into British brainpower. Given China’s meed to diversify its surplus from the US$ and other static holdings into tangible assets, this will not be the first such acquisition.

However, there is no need for alarm. Years ago Microsoft set up a research facility in Cambridge and HP set one up in the Thames valley. Even long before then, IBM set up research labs in Switzerland, Britain and France. This all plays to one of the three strands of global power shift that Paddy Ashdown talked about in his talk at TED.com – http://blog.ted.com/2012/01/05/the-global-power-shift-paddy-ashdown-on-ted-com/. From national states to global corporations.

24/01/2012

* Tibetan protester shot dead

31/01/12 update: Indian Express – “In the wake of protests by Tibetans in Sichuan province over self-immolations by monks, China has tightened its control over Buddhist temples and monasteries in Tibet and is taking steps to prevent “trouble-makers” from entering the region.

“The official Chinese media also defended the recent police firing on Tibetan demonstrators as “justified response and accused “Dharmashala” of instigating protests, without directly naming the Dalai Lama.”

http://www.indianexpress.com/news/china-raises-security-to-contain-tibet-protests/906045/

24/01/12: Many demonstrators were injured and one shot dead when Chinese police fired into a crowd of demonstrators in Luhuo, which is known in Tibetan as Draggo and located in westernmost Sichuan Province, near the border with Tibet.

It was the second reported shooting of Tibetan protesters this month. The previous one, on Jan. 14, in which two people were reported wounded, took place in Aba, also located in Sichuan Province and 100 miles northeast of Luhuo.

http://www.nytimes.com/2012/01/24/world/asia/deadly-new-violence-reported-in-restive-tibetan-area-of-western-china.html?hp

23/01/2012

* Chinese luxury goods brand you’ve never heard of

Chow Tai Fook is a Hong Kong based jeweller with revenues 50% higher than Tiffany’s. It has 1,500 outlets in China, mainly in second tier and third tier cities. It IPOed 10% of its shares 6 weeks ago which puts the value of the company at around $20bn.

With Chinese New Year here (Year of the Dragon), jewellery purchases are expected to be high and Chow Tai Fook hopes to gain some of that.

http://blogs.wsj.com/scene/2012/01/03/getting-to-know-chow-tai-fook/

21/01/2012

# Hans Rosling on Asia’s growth

This is not new news, but I only came across it a few days ago on TED.com

Hans Rosling, world health expert and professor waxes lyrically on Asia’s growth illustrated by his unique graphics.

http://www.ted.com/talks/hans_rosling_asia_s_rise_how_and_when.html

20/01/2012

* Law suit on pollution effects allowed

On 16 January, the Chinese government allowed a non-governmental organisation to lodge a suit concerning the probably causes of cancer in a village due to industrial pollution.  This is the first such case and breaks new ground.

The reasons could be; a loosing up of court procedure in the face of increasing anger at industrial pollution bighting lives; an attempt at making owners of factories causing pollution to realise that not only the law is against them, but now non-governmental organisations can take up the cause of the little man in the village and, finally, it makes good press in the run up to leadership changes later in the year.

http://www.scientificamerican.com/article.cfm?id=china-cancer-village-tests-law-versus-pollution

20/01/2012

* Chinese climate change report stark and honest

Global warming threatens China’s march to prosperity by reducing crops, shrinking rivers and unleashing more droughts and floods, says the Chinese government’s latest “Second National Assessment Report on Climate Change”.

China is the world’s second biggest economy after the US and the biggest emitter of greenhouse gas pollution, now ahead of the US.

Global warming caused and exacerbated by greenhouse gases from industry, transport and changing land-use poses a long-term threat to China’s prosperity, health and food production, says the report. With China’s economy likely to overtake the United States’ in 20 or 30 years, that has dire consequences.

http://www.reuters.com/article/2012/01/18/us-china-climate-idUSTRE80H06J20120118

20/01/2012

* Chinese to buy into Thames Water

A Chinese sovereign wealth fund has invested c£1bn for 8.7% in the water utility that serves London, in what is the fund’s first UK acquisition following talks with British politicians.

The deal follows a visit to China this week by George Osborne, Chancellor of the Exchequer, who has been urging Chinese investors to inject money into British infrastructure projects.

http://www.ft.com/cms/s/0/7b19ca2e-42c0-11e1-b756-00144feab49a.html#axzz1k0uBCqhC

Mr Osborne also made progress in persuading China to use London as the first non-Chinese centre in collaboration with Hong Kong for trading in the Renminbi (RMB). China, of course is keen on diversifying from its vast investment in the slowly declining US dollar into tangible assets; as well as to establish, in time, the RMB as an alternate global currency; especially as, for the time being the Euro is heading nowhere.

http://www.time.com/time/business/article/0,8599,2104536,00.html

19/01/2012

* RedPad launched

This week, China introduced its RedPad based on Andriod. It is much more expensive than Apple’s iPad but it has feeds from all sorts of official Chinese government agencies and organs and is intended for the busy Communist cadre who has little time to sit at a desk and browse the web. The government perhaps hopes that this will help counter the largely critical comments spread through a twitter-like site Weibo.

http://www.huffingtonpost.com/2012/01/19/redpad-number-one-china_n_1215393.html

See also:

Law of Unintended Consequences

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ChiaHou's Book Reviews

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What's wrong with the world; and its economy

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