Posts tagged ‘History of trade of the People’s Republic of China’

13/03/2015

Bargaining With Chinese Characteristics: Labor Group Defends Practices – China Real Time Report – WSJ

When Chinese Premier Li Keqiang omitted a reference to collective bargaining in an annual policy speech last week, labor scholars worried that Beijing may be backing away from a much-needed policy tool for dealing with rising industrial unrest.

China’s state-controlled trade unions are seeking to allay such concerns. They are pledging to keep promoting collective bargaining in a way that calms labor tensions without derailing growth in the country’s already-slowing economy.

“Collective wage bargaining is something we will continue to promote,” said Li Shouzhen, a senior official at the All-China Federation of Trade Unions, or ACFTU. “It is a tried-and-tested process that’s practiced by successful enterprises.”

via Bargaining With Chinese Characteristics: Labor Group Defends Practices – China Real Time Report – WSJ.

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19/07/2012

* China pledges $20bn in credit for Africa at summit

BBC News: “China has pledged $20bn (£12.8bn) in credit for Africa over the next three years, in a push for closer ties and increased trade.

President Hu Jintao made the announcement at a summit in Beijing with leaders from 50 African nations. He said the loans would support infrastructure, agriculture and the development of small businesses.

The Chinese leader also called for better co-operation with African countries on international affairs.

As developing nations, China and countries in Africa should work better together in response to “the big bullying the small, the strong domineering over the weak and the rich oppressing the poor” in international affairs, said Mr Hu.

The loan is double the amount China pledged in a previous three-year period in 2009, since which time China has been Africa’s largest trading partner.

Trade between the two hit a record high of $166bn (£106bn) in 2011, Chinese Commerce Minister Chen Deming wrote in the China Daily newspaper, ahead of the two-day forum.

“We want to continue to enhance our traditional friendship… rule out external interference and enhance mutual understanding and trust,” said Mr Hu.”

via BBC News – China pledges $20bn in credit for Africa at summit.

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