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19/02/2020

China threatened to harm Czech companies over Taiwan visit – letter

(Reuters) – Beijing threatened to retaliate against Czech companies with operations in China if a senior Czech lawmaker went ahead with a planned visit to Taiwan, according to a diplomatic letter seen by Reuters.

The Jan. 10 letter, which was sent by China’s embassy in Prague to the Czech president’s office, suggested that Czech companies operating in mainland China, such as Volkswagen (VOWG_p.DE) subsidiary Skoda Auto or lender Home Credit Group, would suffer if Senate speaker Jaroslav Kubera visited the self-ruled island.

Kubera died unexpectedly on Jan. 20, before his trip had been due to take place, but the letter, written in Czech, reveals how explicit Beijing was about the possible consequences if the visit had gone ahead.

“Czech companies whose representatives visit Taiwan with Chairman Kubera will not be welcome in China or with the Chinese people,” the letter said.

“Czech companies who have economic interests in China will have to pay for the visit to Taiwan by Chairman Kubera,” the letter added, noting that “China is the largest foreign market for many Czech companies like Skoda Auto, Home Credit Group, Klaviry Petrof and others”.

Chinese officials in Beijing did not immediately respond to a request for comment. The Czech president’s spokesman confirmed the office had received the letter but did not comment on its content.

The Foreign Ministry in Taiwan, which Beijing considers a breakaway province, criticised China’s warning to Prague.

“China’s business pressure on the Czech Republic proves that ‘one belt one road’ is a predatory policy tool, bringing only counter-effects to the global business order,” Foreign Ministry spokeswoman Joanne Ou said.

‘SERIOUS BREACH’

As speaker of the Czech Republic’s Senate, Kubera was the country’s second-most senior official after President Milos Zeman.

Zeman and Prime Minister Andrej Babis had expressed concern that Kubera’s plans to visit Taiwan would lead China to retaliate against the Central European country’s business community.

The Senate’s office said Kubera had been aware of the letter and its content after receiving a copy at a regular meeting of top Czech foreign policy officials.

The Chinese letter warns that Kubera’s trip would be seen as a “serious breach” of the so-called one China policy on Taiwan, under which Beijing insists it is the sole representative of China.

Babis’s government, which has the main say on foreign policy, has said repeatedly it adheres to the one China policy.

However, diplomatic ties cooled last year when city authorities in Prague showed support for Tibet and demanded changes to an intercity partnership agreement with Beijing over a reference to China’s policy on Taiwan.

The agreement was eventually cancelled, and Prague instead signed a cooperation deal with Taiwan’s Taipei, further infuriating Beijing.

Another upset to bilateral relations took place in December 2018 when the Czech cyber-security watchdog warned about the risks of using network technology provided by Chinese telecoms equipment makers Huawei and ZTE.

A Home Credit spokesman said he had not been aware of the letter, while Skoda could not be reached immediately for comment.

Czech senators elected a replacement for Kubera as speaker on Wednesday.

Source: Reuters

Posted in Beijing, China, Chinese, companies, Czech, Czech lawmaker, Czech Republic, Foreign Ministry, harm, Home Credit, Home Credit Group, Huawei, lender, network technology, One Belt One Road, policy tool, Prague, predatory, President Milos Zeman, Prime minister, Skoda Auto, subsidiary, Taipei, Taiwan, telecoms equipment makers, threatened, Uncategorized, visit, ZTE | Leave a Comment »

17/02/2020

Trump to woo Indian executives during New Delhi visit

NEW DELHI (Reuters) – U.S. President Donald Trump will meet executives of large Indian companies with interests in the United States as he looks to drum up investments during his visit to New Delhi this month.

Executives of some of the companies expected to attend the meeting include Indian oil & gas company Reliance Industries (RELI.NS), diversified group Tata Sons and auto sector companies such as Bharat Forge (BFRG.NS), Mahindra and Mahindra (MAHM.NS) and Motherson, industry and business sources told Reuters.

Trump is scheduled to make his first visit as president to India on Feb. 24-25 during which he will travel to Prime Minister Narendra Modi’s home state of Gujarat followed by talks in New Delhi. The two countries are trying to sign a trade deal during his visit.

On Feb. 25, a meeting is being planned between Trump and Indian executives, especially those focussing on job creation and manufacturing in the United States, the sources said.

The meeting, which will be held in New Delhi, was unlikely to include executives of U.S. companies, they said.

Creating new jobs and boosting manufacturing is critical for Trump in his re-election bid later this year. U.S. factory activity rebounded in January but only after it contracted for five straight months.

“President (Trump) is keen on acknowledging Indian companies which are focussing on manufacturing in the United States,” said a Washington-based source aware of the plans.

United States is a key market for several Indian firms.

Mahindra last year said it will invest another $1 billion (£767.64 million) in the United States and was committed to creating American jobs, while Bharat Forge has announced plans to invest $56 million to set up a new plant in North Carolina.

The $100-billion Tata Group says it is one of the largest Indian-headquartered multinationals in North America, with 13 companies and more than 35,000 employees.

The Confederation of Indian Industries and U.S.-India trade groups have suggested several Indian executives for the Trump meeting and the U.S. Embassy in New Delhi was reviewing that, one source said, adding the final list was yet to be finalised.

The U.S. Embassy in New Delhi declined to comment.

Other than his meeting with Indian business leaders and Modi, Trump is expected to attend an event at a stadium in Gujarat along the lines of the “Howdy Modi” extravaganza held in Houston last September during which the two leaders made a joint appearance.

Source: Reuters

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12/02/2020

Coronavirus cases fall, experts disagree whether peak is near

BEIJING/SINGAPORE (Reuters) – China reported on Wednesday its smallest number of coronavirus cases since January, lending weight to a prediction by its top medical adviser for the outbreak to end by April, but a global infectious diseases expert warned of the spread elsewhere.

Financial markets took heart from the outlook of the Chinese official, epidemiologist Zhong Nanshan, who said on Tuesday the number of new cases was falling in some provinces, and forecast the epidemic would peak this month, even as the death toll in China rose to more than 1,100 people.

World stocks, which had seen rounds of sell-offs over the virus, surged to record highs on hopes of a peak in cases. The Dow industrials, S&P 500 and Nasdaq all hit new highs, and Asian shares nudged higher on Wednesday.

But the World Health Organization (WHO) has warned that the epidemic poses a global threat akin to terrorism and one expert coordinating its response said while the outbreak may be peaking at its epicentre in China, it was likely to spread elsewhere in the world, where it had just begun.

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“It has spread to other places where it’s the beginning of the outbreak,” the official, Dale Fisher, head of the Global Outbreak Alert and Response Network coordinated by the WHO, said in an interview in Singapore.

“In Singapore, we are at the beginning of the outbreak.”

Singapore has reported 47 cases and worry about the spread is growing. Its biggest bank, DBS (DBSM.SI), evacuated 300 staff from its head office on Wednesday after a confirmed coronavirus case in the building.

Hundreds of cases have been reported in dozens of other countries and territories around the world, but only two people have died outside mainland China – one in Hong Kong and another in the Philippines.

WHO chief Tedros Adhanom Ghebreyesus said on Tuesday the world had to “wake up and consider this enemy virus as public enemy number one” and the first vaccine was 18 months away.

In China, total infections have hit 44,653, health officials said, including 2,015 new confirmed cases on Tuesday. That was the lowest daily rise in new cases since Jan. 30.

The number of deaths on the mainland rose by 97 to 1,113 by the end of Tuesday.

But doubts have been aired on social media about how reliable the figures are, after the government last week amended guidelines on the classification of cases.

‘STAY HOPEFUL’

The biggest cluster of cases outside China is aboard the Diamond Princess cruise ship quarantined off Japan’s port of Yokohama, with about 3,700 people on board. Japanese officials on Wednesday said 39 more people had tested positive for the virus, taking the total to 175.

One of the new cases was a quarantine officer.

Thailand said it was barring passengers from another cruise ship, MS Westerdam, from disembarking, the latest country to turn it away amid fears of the coronavirus, despite no confirmed infections on board.

“We try to stay hopeful,” American passenger Angela Jones told Reuters in a video recording. “But each day, that becomes a little bit more difficult, when country after country rejects us.”

Echoing the comparison with the fight against terrorism, China’s state news agency Xinhua said late on Tuesday the epidemic was a “battle that has no gunpowder smoke but must be won”.

The epidemic was a big test of China’s governance and capabilities and some officials were still “dropping the ball” in places where it was most severe, it said, adding: “This is a wake-up call.”

The government of Hubei, the central province at the outbreak’s epicentre, dismissed the provincial health commission’s Communist Party boss, state media said on Tuesday, amid mounting public anger over the crisis.

China’s censors had allowed criticism of local officials but have begun cracking down on reporting of the outbreak, issuing reprimands to tech firms that gave free rein to online speech, Chinese journalists said.

The pathogen has been named COVID-19 – CO for corona, VI for virus, D for disease and 19 for the year it emerged. It is suspected to have come from a market that illegally traded wildlife in Hubei’s capital of Wuhan in December.

The city of 11 million people remains under virtual lockdown as part of China’s unprecedented measures to seal infected regions and limit transmission routes.

Travel restrictions that have paralysed the world’s second-biggest economy have left Wuhan and other Chinese cities resembling ghost towns.

Even if the epidemic ends soon, it has taken a toll of China’s economy, with companies laying off workers and needing loans running into billions of dollars to stay afloat. Supply chains for makers of items from cars to smartphones have broken down.

ANZ Bank said China’s first-quarter growth would probably slow to 3.2% to 4.0%, down from a projection of 5.0%.

The likely slowdown in China could shave 0.1 to 0.2 percentage points off both euro zone and British growth this year, credit rating agency S&P Global estimated.

Source: Reuters

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13/11/2019

Xinjiang cotton sparks concern over ‘forced labour’ claims

Farmers pick cotton during the harvest on October 21, 2019 in Shaya County, Xinjiang Uygur Autonomous Region of China.Image copyright GETTY IMAGES

Global retailers are facing scrutiny over cotton supplies sourced from Xinjiang, a Chinese region plagued by allegations of human rights abuses.

China is one of the world’s top cotton producers and most of its crop is grown in Xinjiang.

Rights groups say Xinjiang’s Uighur minority are being persecuted and recruited for forced labour.

Many brands are thought to indirectly source cotton products from the Xinjiang region in China’s far west.

Japanese retailers Muji and Uniqlo attracted attention recently after a report highlighted the brands used the Xinjiang-origin of their cotton as a selling point in advertisements.

H&M, Esprit and Adidas are among the firms said to be at the end of supply chains involving cotton products from Xinjiang, according to a Wall Street Journal investigation.

“You can’t be sure that you don’t have coerced labour in your supply chain if you do cotton business in China,” said Nathan Ruser, researcher at the Australian Strategic Policy Institute.

“Xinjiang labour and what is almost certainly coerced labour is very deeply entrenched into the supply chain that exists in Xinjiang.”

What is happening in Xinjiang?

UN experts and human rights groups say China is holding more than a million Uighurs and other ethnic minorities in vast detention camps.

Rights groups also say people in camps are made to learn Mandarin Chinese, swear loyalty to President Xi Jinping, and criticise or renounce their faith.

China says those people are attending “vocational training centres” which are giving them jobs and helping them integrate into Chinese society, in the name of preventing terrorism.

What is produced in Xinjiang?

The Xinjiang region is a key hub of Chinese cotton production.

China produces about 22% of global cotton supplies, according to a report by the Center for Strategic and International Studies (CSIS).

Last year, 84% of Chinese cotton came from Xinjiang, the report said.

That has raised concerns over whether forced labour has been used in the production of cotton from the region.

This photo taken on September 11, 2019 shows people walking past a mosque in Urumqi, the regional capital of Xinjiang.Image copyright GETTY IMAGES
Image caption The Uighurs are mostly Muslims, and number about 11 million in China’s Xinjiang region

Nury Turkel, chairman of the Uighur Human Rights Project in Washington, said the Uighurs were being “detained and tormented” and “swept into a vast system of forced labor” in Xinjiang.

In testimony to US congress, he said it was becoming “increasingly hard to ignore the fact” that the goods manufactured in the region have “a high likelihood” of being produced with forced labour.

Which brands use Xinjiang cotton?

Amy Lehr, director of CSIS Human Rights Initiative, said in many cases Western companies aren’t buying directly from factories in Xinjiang.

“Rather, the products may go through several stages of transformation after leaving Xinjiang before they are sent to large Western brands,” she said.

Some, like Muji, are very open about sourcing material from Xinjiang.

The Japanese retail chain launched a new Xinjiang Cotton collection earlier this year.

One of its advertisements boasts “soft and breathable” men’s shirts made from organic cotton “delicately and wholly handpicked in Xinjiang”.

Another Japanese fashion brand Uniqlo had also touted the Xinjiang region in an advertisement advertisment for men’s shirts.

In the fine print of the shirt description, the advert said the shirts were made from Xinjiang cotton, “famous for its superb quality”.

That reference was later removed from the advertisement “given the complexity of this issue”, according to a spokesperson for Uniqlo.

“Uniqlo does not have any production partners located in the Xinjiang region. Moreover, Uniqlo production partners must commit to our strict company code of conduct.

“To the best of our knowledge, this means our cotton comes only from ethical sources,” the spokesperson told the BBC.

Pedestrians walk past a Japanese household and consumer goods retailer, Muji store in ShenzhenImage copyright GETTY IMAGES

According to the Wall Street Journal report which focused on workers at a mill operated by Huafu Fashion in Aksu, Xinjiang, yarn made in the region was present in the supply chains of several international retailers including H&M, Esprit and Adidas.

Many of the companies looked into the allegations, including those without clear links to the Huafu mill.

In a statement to the BBC, Adidas said: “While we do not have a contractual relationship with Huafu Fashion Co., or any direct leverage with this business entity or its subsidiary, we are currently investigating these claims.”

“We advised our material suppliers to place no orders with Huafu until we have completed those investigations,” the Adidas spokesperson said.

Esprit, which also does not source cotton directly from Xinjiang, said it had made several inquiries earlier this year.

“We concluded that a very small amount of cotton from a Huafu factory in Xinjiang was used in a limited number of Esprit garments,” the firm said in a statement.

The company has instructed all suppliers to not source Huafu yarn from Aksu, the statement said.

H&M said it does not have “a direct or indirect business relationship” with any garment manufacturer in the Xinjiang region.

“We have an indirect business relationship with Huafu’s spinning unit in Shanyu, which is not located in the Xinjiang region, and according to our data, the vast majority of the yarn used for our garment manufacturing comes from this spinning unit,” a spokesperson for H&M said.

“Since we have an indirect business relationship with the yarn supplier Huafu, we also asked for access to their spinning facilities in Aksu. Our investigations showed no evidence of forced labor.”

Source: The BBC

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25/09/2019

China Focus: China completes world’s longest cross-sea road-rail bridge

CHINA-FUJIAN-CROSS-SEA ROAD-RAIL BRIDGE-COMPLETION (CN)

Aerial photo taken on Sept. 21, 2019 shows a steel girder being lifted by a crane at the construction site of the Pingtan Strait Road-rail Bridge in southeast China’s Fujian Province. China on Wednesday completed the main structure of the world’s longest cross-sea road-rail bridge in Fujian. The last steel girder, weighing 473 tonnes, was bolted on the Pingtan Strait Road-rail Bridge, another mega project in China, on Wednesday morning. With a staggering span of 16.34 km, the bridge connects Pingtan Island and four nearby islets to the mainland of Fujian Province. (Xinhua/Lin Shanchuan)

FUZHOU, Sept. 25 (Xinhua) — China on Wednesday completed the main structure of the world’s longest cross-sea road-rail bridge in its southeastern province of Fujian.

The last steel truss girder, weighing 473 tonnes, was bolted on the Pingtan Strait Road-rail Bridge, another mega project in China, on Wednesday morning.

Hundreds of bridge builders clad in orange overalls, as well as government officials, hailed the completion on the bridge deck, with several rounds of fireworks being set off to celebrate the moment.

With a staggering span of 16.34 km, the bridge connects Pingtan Island and four nearby islets to the mainland of Fujian Province.

The bridge, which is expected to open to traffic next year, can help shorten travel time from two hours to half an hour between Fuzhou, capital city of Fujian Province and Pingtan, a pilot zone set up to facilitate trade and cultural exchanges across the Taiwan Strait.

“Of all the bridges being built across the world, this is no doubt the most challenging,” said Wang Donghui, chief engineer of the project, adding that it is China’s first and the world’s longest cross-sea road-rail bridge.

The project has attracted worldwide attention from the start of construction in 2013 as it spans an area off the coast of southeast China long seen as a “no-go zone” for bridge-building.

The region has strong gales and high waves for most of the year and is known as one of the world’s three most perilous seas along with Bermuda and the Cape of Good Hope.

Workers had to battle the notoriously strong winds, choppy waters and rugged seabed in the region to drill 1,895 piles into the ocean.

MORE THAN MEGA PROJECT

The road-rail bridge has a six-lane highway on the top and a high-speed railway at the bottom, which is designed to support bullet trains traveling as fast as 200 km per hour. It is a part of the 88-km Fuzhou-Pingtan railway.

In the past, Pingtan was a backwater island of humble fisheries. It did not even have a bridge connecting it to the mainland until 2010 when the Strait Bridge began operating for cars only.

In 2010, China established the Pingtan Comprehensive Pilot Zone to facilitate cross-Strait exchange and cooperation, ramping up its efforts to improve the island’s infrastructure.

Today, skyscrapers are popping up all along the shoreline, with the glow of construction work filling the night sky. Meanwhile, thousands of Taiwan residents swarm into the booming island to live and start businesses.

The island has accommodated more than 1,000 shops and companies set up by Taiwan residents, according to government statistics.

Chen Chien-hsiang, a 29-year-old man who moved from Taiwan to Pingtan two years ago, believes that the new bridge will help attract more businesses to the island and further boost its economic development.

“The new bridge means more than a mere mega project,” Chen said. “It also promises a brighter future for people from Taiwan who chose to live and work here.”

INFRASTRUCTURE MANIAC

Huang Zhiwei, 22, found himself making history by lifting the last piece of the bridge girder from a ship about 80 meters below the bridge deck, an undertaking that he had never expected when he joined the project a year ago as an intern.

His parents, unhappy about their son’s career choice, felt relieved after several video chats during which their son showed them his working and living conditions at the construction site.

“With so many advanced technologies and safety measures, I am convinced that we will accomplish the mission, and I am very proud of my contribution,” said the young operator.

More than 1.24 million tonnes of steel have been used for the bridge, enough to build 190 Eiffel Towers, and 2.97 million cubic meters of cement, nine times the amount of cement used to build the Burj Khalifa towers in Dubai, the world’s tallest skyscraper.

“We could not possibly have realized the construction 15 years ago for lack of advanced construction technologies and equipment such as the drilling machine and ship cranes we have developed today,” said Xiao Shibo, an engineer of the China Railway Major Bridge Engineering Group Co., Ltd. The bridge has made history in many aspects, Xiao added.

China is dubbed as an “infrastructure maniac” for countless dazzling megaprojects, with the Chinese builders breaking their own world records.

China is home to the world’s highest bridge, longest cross-sea bridge and 90 out of the 100 highest bridges built this century.

From 2015 to 2020, China’s transportation investment is expected to exceed 15 trillion yuan (2.1 trillion U.S. dollars), with a substantial portion reserved for bridge construction.

Source: Xinhua

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08/08/2019

Nestle starts selling Starbucks-branded coffee in China

SHANGHAI (Reuters) – Food giant Nestle (NESN.S) on Thursday started selling Starbucks-branded (SBUX.O) coffee in mainland China, seeking to tap growth in a market where it says coffee consumption per capita remains low compared to global standards.
Nestle last year paid $7.15 billion for exclusive rights to sell the U.S. chain’s coffees and teas globally, and began selling Starbucks-labelled products in Europe, Asia and Latin America in February.
The world’s largest food company will start selling 21 Starbucks-branded capsule and instant coffee products on Chinese e-commerce platforms like Alibaba’s (BABA.N) Tmall and JD.com (JD.O), as well as to offices and hotels in tier-1 cities, both companies said.
“We believe China is the most exciting market in general but especially for coffee because… per capita cup consumption is quite low as compared to Asia,” said Rashid Aleem Qureshi, Nestle’s chief executive officer for the Greater China region.
“Right now the overall soluble coffee in China is growing between 3-5% (a year) and we believe that by bringing this exciting new business opportunity we should be able to grow faster than that,” he said, referring to a category that includes capsule and instant coffee.
Nestle’s move comes as the Swiss company experienced a slower first-half growth in China, its second-largest market, where other categories like mainstream baby foods have struggled compared to pricier options.
China’s per capita coffee consumption is about 6 cups a year, compared to 400 in Japan and 300 in South Korea, Nestle said.
The partnership with Starbucks would help Nestle add a premium coffee option to the range of products it already sells in China, such as Nescafe instant coffee range and Nespresso capsule coffees, Qureshi said.
Starbucks China CEO Belinda Wong said the Nestle deal would open two new avenues to sell its products in China, where it has been investing heavily in its store network and delivery amid tougher competition from local startups.
Source: Reuters

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