Chindia Alert: You’ll be Living in their World Very Soon
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Image copyright GETTY IMAGESImage caption The village made headlines after photos showed people scaling ladders to get home
They used to call an 800m-high cliff home, but dozens of villagers in China’s Sichuan province have now been relocated to an urban housing estate.
Atulie’er village became famous after photos emerged showing adults and children precariously scaling the cliff using just rattan ladders.
Around 84 households have now been moved into newly built flats as part of a local poverty alleviation campaign.
It’s part of a bigger national campaign to end poverty by the end of 2020.
‘So happy I got a house’
Atulie-er village made headlines in 2016 when it was revealed that its villagers had to scale precarious ladders to get home, carrying babies and anything the village needed.
The households have now been moved to the county town of Zhaojue, around 70km away.
They will be rehoused in furnished apartment blocks, which come in models of 50, 75 and 100 sq m – depending on the number of people in each household.
It’ll be a big change for many of these villagers, who are from the Yi minority and have lived in Atulie-er for generations.
According to Mark Wang, a human geography professor at the University of Melbourne, such housing schemes are often heavily subsidised by the government, typically up to 70%. However, in some instances families have been unable to afford the apartments despite the subsidies.
“For some really poor villages, the 30% may still be difficult for them to pay, so they end up having to borrow money – [ironically] causing them even more debt,” he told BBC News.
“For the poorest, it’s a big financial burden and so in some instances, they might have to stay.”
According to Chinese state media outlet China Daily, each person will have to pay 2,500 yuan ($352; £288) for this particular move – so for a family of four, the cost would come up to 10,000 yuan.
Image copyright GETTY IMAGESImage caption This is the journey the villagers had to make to get home
This is quite a low price, says Mr Wang, as he had heard of people having to pay up to 40,000 yuan for other relocation projects.
Mr Wang says in most poverty resettlement campaigns, villagers are given a choice whether or not to move, and are not usually moved into cities from the countryside.
“In most instances it’s a move to a county town or a suburb. So it’s not like they’re moving to a big city. Not everyone wants an urban life and most of those who do would have already left these villages and moved to the big cities,” he says.
“Usually the government [puts a limit] on the resettlement distance. This is in most people’s favour because it means they can keep their farm land, so that’s very attractive.”
The Atulie’er villagers will share this new apartment complex with impoverished residents across Sichuan province.
Image copyright CGTN/YOUTUBEImage caption The villagers will be living in these apartment buildings
Around 30 households will remain in the Atulie’er village- which is set to turn into a tourism spot.
According to Chinese state media outlet China Daily, these households will effectively be in charge of local tourism, running inns and showing tourists around.
The county government has ambitious plans – planning to install a cable car to transport tourists to the village and to develop some surrounding areas. An earlier report said there were plans to turn the village into a vacation resort, with state media saying the state would pump 630 million yuan into investment.
Though these developments are likely to bring more jobs to the area, it’s not clear what safeguards are in place to make sure that the site’s ecological areas are protected and not at risk of being overdeveloped.
Media caption Do people in China’s rural communities think poverty reduction can work?
Chinese President Xi Jinping has declared that China will eradicate poverty in China by 2020.
There’s no one standard definition of poverty across all of China, as it differs from province to province.
One widely quoted national standard is 2,300 yuan ($331; £253) net income a year. Under that standard, there were around 30 million people living in poverty across the whole of China in 2017.
But the 2020 deadline is approaching fast – and Mr Wang says the plan could be derailed by the virus outbreak.
“Even without Covid-19 it would be hard to meet this deadline and now realistically, it has made it even more difficult.”
BEIJING (Reuters) – Tang Yue, a 27-year-old teacher from the city of Guilin in southwest China, steam-presses a blue dress and takes dozens of photographs before picking one to clinch her 200th online sale.
For a growing number of Chinese like Tang, hit by job losses, furloughs and salary cuts, the consumer economy has begun to spin in reverse. They are no longer buying – they are selling.
Instead of emerging from the coronavirus epidemic and returning to the shopping habits that helped drive the world’s second-largest economy, many young people are offloading possessions and embracing a new-found ethic for hard times: less is more.
With Tang’s monthly salary of about 7,000 yuan ($988), the self-described shopaholic said she has bought everything from Chanel lipsticks to Apple’s (AAPL.O) latest iPad in the past three years.
But the adrenaline rush that comes with binge-shopping is gone, said Tang, whose wages have been slashed with the suspension of all the classes on tourism management she usually teaches.
“The coronavirus outbreak was a wake-up call,” she said. “When I saw the collapse of so many industries, I realised I had no financial buffer should something unfortunate happen to me.”
There is no guarantee that the nascent minimalist trend will continue once the coronavirus crisis is fully over, but if it does, it could seriously damage China’s consumer sector and hurt thousands of businesses from big retailers to street-corner restaurants, gyms and beauty salons.
To be sure, there are signs that pent-up demand will drive a rush of spending as authorities reopen malls, leisure venues and tourist spots. In South Korea, the first major economy outside of China to be hit by the virus, people thronged malls this weekend to go “revenge shopping” to make up for time lost in lockdown.,
There are some signs that a similar trend will take hold in China, where some upscale malls are starting to get busy, although luxury firm Kering SA (PRTP.PA) – which owns Gucci, Balenciaga and other fashion brands – has said it is hard to predict how or when sales in China might come back.
A recent McKinsey & Co survey showed that between 20% and 30% of respondents in China said they would continue to be cautious, either consuming slightly less or, in a few cases, a lot less.
“The lockdown provided consumers with a lot of time and reasons to reflect and consider what is important to them,” said Mark Tanner, managing director at Shanghai-based research and marketing consultancy China Skinny.
“With much more of their days spent in their homes, consumers also have more time and reasons to sort through things they don’t feel they need – so they’re not living around clutter that is common in many apartments.”
#DITCHYOURSTUFF
Tang made a spreadsheet to keep track of her nearly 200 cosmetic products and hundreds of pieces of clothing. She then marked a few essentials in red that she wanted to keep. In the past two months, she has sold items worth nearly 5,000 yuan on second-hand marketplaces online.
Bargain-hunting online has become a new habit for some Chinese as the stigma that once hung over second-hand goods has begun to fade.
Idle Fish, China’s biggest online site for used goods, hit a record daily transaction volume in March, its parent company Alibaba (BABA.N) told Reuters.
Government researchers predict that transactions for used goods in China may top 1 trillion yuan ($141 billion) this year.
Posts with the hashtag #ditchyourstuff have trended on Chinese social media in recent weeks, garnering more than 140 million views.
Jiang Zhuoyue, 31, who works as an accountant at a traditional Chinese medicine company in Beijing – one of the few industries that may benefit from the health crisis – has also decided to turn to a simpler life.
“I used to shop too much and could be easily lured by discounts,” said Jiang. “One time Sephora offered 20% off for all goods, I then bought a lot of cosmetics because I feel I’m losing money if I don’t.”
Jiang, the mother of a 9-month-old baby, said she recently sold nearly 50 pieces of used clothing as the lockdown gave her the opportunity to clear things out. “It also offered me a chance to rethink what’s essential to me, and the importance of doing financial planning,” she said.
Eleven Li, a 23-year-old flight attendant, said she used to spend her money on all manner of celebrity-endorsed facial masks, snacks, concert tickets and social media activity, but now has no way to fund her spending.
“I just found a new job late last year, then COVID-19 came along, and I haven’t been able to fly once since I joined, and I’ve gotten no salary at all,” said Li, who said she was trying to sell her Kindle.
Some are even selling their pets, as they consider leaving big cities like Beijing and Shanghai where the high cost of living is finally catching up with them.
NO RETURN TO OLD WAYS?
As the coronavirus comes under control in China, the government is gradually releasing cities from lockdown, easing transport restrictions and encouraging consumers to venture back into malls and restaurants by giving out billions-worth of cash vouchers, worth between 10 yuan and 100 yuan.
But many people say they are still worried about job security and potential wage cuts because of the struggling economy. Nationwide retail sales have plunged every month so far this year.
Xu Chi, a Shanghai-based senior strategic analyst with Zhongtai Securities, said some Chinese consumers may prove the ‘21 Day Habit Theory,’ a popular scientific proposition that it only takes that long to establish new habits.
“We believe people’s spending patterns follow the well-known theory, which means most people in China, having been cooped-up at home for more than a month and not having binge-shopped, may break the habit and not return to their old ways,” Xu said.
Jiang said she was determined not to return to her free-spending ways and planned to cook more at home.
“I’ll turn to cheaper goods for some luxury brands,” she said. “I’ll choose Huawei’s smartphone, because (Apple’s) iPhone has too much brand premium.”
Tang, who has recently used 100 yuan of shopping coupons to stock up on food, is going to hold the purse strings even tighter.
“I’ve set my monthly budget at 1,000 yuan,” she said. “Including one – and just one – bottle of bubble tea.”
People drive kartings at a resort during the International Labor Day holiday in Anshan, northeast China’s Liaoning Province, May 2, 2020. (Xinhua/Yao Jianfeng)
LUCKNOW (Reuters) – U.S. and European defence firms backed Indian Prime Minister Narendra Modi’s military modernisation drive at a defence exhibition on Friday, despite a lengthy procurement process running into years and limited funds.
Airbus SE (AIR.PA) and U.S.-based Lockheed Martin Corp (LMT.N) and Boeing Co. (BA.N) are eying multi-billion dollar deals under Modi’s aim to upgrade an ageing fleet of aircraft and enhance local arms manufacturing to cut imports.
“I feel encouraged overall,” Anand Stanley, President and managing director of Airbus India and South Asia, told Reuters.
“Every year the government is doing capital allocation. They are spending,” he said.
The military is also looking to buy submarines, warships and battlefield communication systems. But these have made little headway.
Airbus is offering to set up an assembly line in India in partnership with the Tata Group to produce the C295W military transport aircraft as a replacement for Indian Air Force’s Avro fleet.
The 120 billion rupee Avro replacement programme has been in the pipeline for almost a decade.
Airbus on Thursday signed a memorandum of understanding (MoU) with India’s Adani Aerospace and Defence, part of the diversified Adani Group, for aircraft services in India and South Asia.
Boeing, which has pitched its F/A-18 Block III Super Hornet fighter for the India air force and navy and is competing with Lockheed Martin’s F-21, said it plans to push India’s armed forces’ drive for modernisation through a suite of five products – the Super Hornet, KC-46 tanker, P-8I aircraft, AH-64E Apache and CH-47(I) Chinook helicopters.
The company said it wants to build a global defence and aerospace ecosystem “that creates jobs and industrial capacity with Make in India,” said Salil Gupte, president, Boeing India in a statement during the exhibition.
Boeing and Lockheed will be competing with Sweden’s Saab AB (SAABb.ST) with its Gripen fighter and France’s Dassault Aviation SA (AVMD.PA) Rafale and Russian fighter aircraft.
Lockheed Martin, as part of its fighter jet F-21 proposal for the Indian Air Force, signed an MoU with Bharat Electronics Ltd (BAJE.NS) on Friday to explore industrial opportunities around the F-21 fleet, which is essentially building up a spare and supply ecosystem.
The three aerospace giants, with huge displays at the Defence Expo 2020 held in the northern city of Lucknow, displayed miniaturised versions of the latest aircraft and helicopters that they have pitched to India.
Another French defence firm, Dassault (DAST.PA), which recently delivered its first Rafale aircraft to the government in October under a contract to supply 36 units, said it is developing its facility in central India to make the Rafale jets in the subcontinent.
BEIJING/HONG KONG (Reuters) – Segway-Ninebot Group, a Beijing-based electric scooter maker, on Friday unveiled a scooter that can return itself to charging stations without a driver, a potential boon for the burgeoning scooter-sharing industry.
Ninebot said Uber and Lyft, the ride-hailing giants that are expanding into scooter-sharing, would be among the customers for the new semi-autonomous vehicles that are expected to hit roads early next year.
Gao Lufeng, Ninebot chairman and chief executive, told Reuters in an interview that AI-driven scooters, controlled remotely from the cloud, could radically improve the economics of scooter-sharing.
“The pain point for scooter operators is to better maintain the scooters at a lower cost,” he said. Currently, operators of scooter sharing fleets have to collect the machines manually for re-charging.
Formed by the 2015 combination of China’s Ninebot and U.S. transportation pioneer Segway, the company has quietly become the largest supplier for scooter-sharing companies such as Bird and Lime.
“I believe scooters will replace bicycles as the prime solution for micro-mobility,” Gao said. “It’s human nature to save energy when commuting.”
The scooter-sharing fad was triggered two years ago with the launch of Bird in California. Venture-capital investors have since poured hundreds of millions of dollars into the sector, and fleets of electric-powered scooters now operate in cities across the U.S. and Europe.
Segway-Ninebot Group has applied to list its shares on the China’s new Nasdaq-style board for homegrown tech firms, the STAR Market. The company sold 1.6 million scooters in 2018, according to a prospectus filed in April.
Lyft and Uber did not immediately respond to emailed requests for comment.
The new scooters will be priced at close to 10,000 yuan ($1,420), more than the company’s traditional scooters, which it sells to scooter companies for $100-$300.
The new machines will start road testing next month and will be largely commercialized in the first quarter of 2020.
The company also launched two self-driving delivery robots — one for outdoor delivery, the other for indoor services.
Ninebot said the unmanned delivery robots will initially serve the food delivery industry in China.
The company is in talks with food delivery operators, including Meituan Dianping and Alibaba Group’s Ele.me, to begin service by the first half of next year.
Image copyright GETTY IMAGES
Image copyright GETTY IMAGES
Image copyright CGTN/YOUTUBE
People drive kartings at a resort during the International Labor Day holiday in Anshan, northeast China’s Liaoning Province, May 2, 2020. (Xinhua/Yao Jianfeng)
CHINDIA ALERT: You'll be living in their world, very soon 