Wednesday, October 28th, 2009
It is not just car companies that are flooding into China Consumer companies and retailers from around the world are rushing to capitalise on the world’s third-largest economy, which has been growing at a rate of 10% per year for two decades.
For most multinationals, Chinese consumers, not Chinese workers, are now their main focus.
But understanding how to make a profit in this crowded and diverse market is the real challenge.
This is part of series on how globalisation is changing China. Future articles will look at the financial services industry, China’s drive overseas, and how Shanghai is tackling pollution.
Wednesday, October 28th, 2009
Wuling also markets GM’s low-priced entry-level car, the Chevrolet Spark, which was designed in Korea.
But the Spark, which sells 40,000 vehicles a year, is facing fierce competition from Chinese rivals, especially the Chery-made QQ, which GM at one time accused of stealing its design.
The Chery QQ is 10,000 yuan (£658) cheaper than the Spark and according to vice president Jin Yibo it can compete successfully with the Spark because it has lower development costs. Its sells four times as many small cars as GM.
Chery – also based away from coastal China, in Anhui province – is aggressively rolling out new models, including a new A1 compact that was one of the stars at the Shanghai Motor Show.
Wednesday, October 28th, 2009
The sleepy, provincial town of Liuzhou is more than 1,200 miles (1,931km) from Shanghai, and 10,000 miles from Detroit.
Yet for General Motors, which Toyota claims to have overtaken as the world’s largest car company, it is Liuzhou rather than Detroit where the company’s future may be decided.
GM has come to Liuzhou to produce a tiny minivan, the Wuling Sunshine, which is a best-seller in China, selling more than 460,000 vehicles a year.
The van costs $3,700 (£1,872), has a 0.8 litre engine, have a top speed of 60 mph, and weighs less than 1000kg – yet cheap labour costs mean that GM makes a substantial profit on each vehicle it sells.
Wednesday, October 28th, 2009
with millions of people displaced for public and private building projects..
According to Michael Kwok, in the early days of Shanghai’s development it was relatively easy to relocate people to outlying areas, but now people are demanding more compensation.
More broadly, Shanghai is the still the embodiment of China’s economic dream of living in an affluent society on a Western scale.
Those aspirations – for more land and housing, as well as more consumer durables like cars and air conditioners – are likely to put further pressure on Shanghai’s environment in the future.
This is part of a series on how globalisation is changing China’s largest city, Shanghai. Further articles will explore the issue of migrant labour and look at plans for an eco-city.
Wednesday, October 28th, 2009
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Wednesday, October 28th, 2009
If you are shopping, there are a few things to know about the UGG Classic Short Boots that could be helpful before making a purchase.
All of these color combination’s can be quite versatile with a casual winter ensemble, and are a great choice to wear with jeans.
These boots have a cable stripe knit, the stripes are positioned in a horizontal pattern. The look of the cheap ugg cardy boots can be adjusted by pushing the UGG Classic Crochet Boots down the leg a little or a lot for a slouchy or “scrunchy” look.
The Classic Stripe knit UGG Classic Mini Boots is available in full sizes only and is known to run about a size large. For women who wear a full size, it is advised to purchase one full size down from normal, while for women who are between sizes, purchasing a size one and a half down from normal should provide a good fit.
Thursday, October 22nd, 2009
But UN negotiators are sophisticated diplomats who will not break cover. Without compulsion to agree, there will be no agreement.
The Berlin Mandate in 1995 committed the world to an agreement, and the Kyoto Protocol was born in 1997.
In 2007, the Bali gathering concluded that this year’s meeting in Copenhagen would resolve the problem of Kyoto post-2012. So, in this context, Copenhagen is “do or die”.
As nations get ready for the Danish showdown, the pieces are falling into place for a major confrontation between the two largest emitters, the US and China.
This is where the environment meets geopolitics.
The two nations alone could cause catastrophe for the world. The US does not want to limit its emissions unless China does, but developing nations are not required to reduce emissions without compensation.
They need energy to stave off poverty, and 89% of the world’s energy comes from fossil fuels.
More than 50% of the people in the world live on less than $2 (£1.20) per day, and in excess of 1.3bn people are at the edge of survival with $1 (£0.60) per day.
Developing nations house 80% of humankind but produce only 40% of the world’s emissions, while 60% of global emissions originate from the rich nations that house 20% of the world’s population.
The stand-off between the US and China is reminiscent of the Cold War between Russia and the US in the middle of the 20th Century.
Russia and the US both refused to limit their nuclear arsenal unless the other did first.
The times are different, the weapons are different, but the situation is the same.
Thursday, October 22nd, 2009
The two days of talks at London’s Lancaster House focused on providing finance to assist developing countries prepare for and adapt to impacts of climate change, and to protect forests.
Six developing countries, including some considered to be in particular need of financial assistance in adapting to climate impacts, such as Ethiopia and The Maldives, were invited to an MEF meeting for the first time.
The final communique makes it clear that discussions focused on mechanisms for raising, governing and disbursing funds.
But there was also a clear commitment that richer countries would have to provide some money from the public purse, and that the scale of the funds on offer would need to be “scaled up”.
The EU is due to finalise its proposals on financing adaptation shortly.
The MEF communique also asks the forthcoming G20 finance ministers’ meeting in St Andrews, Scotland, to “advance these discussions”.
The final week of formal preparatory negotiations within the UN process leading up to the Copenhagen summit begins in Barcelona in just under a fortnight.
Thursday, October 22nd, 2009
I feel bitter that I have lost out.
I feel very bad; so bad because we had the best education system in southern Africa but now it is not.
I did my ‘O’ levels [GCSE] in 2005.
But for the past four years I have not been able to go to school.
Basically, I blame the situation that we had here as the one that stopped me from going further with my education.
Even all our most qualified teachers have gone – they are teaching in South Africa and Botswana. Most pupils are being taught by student teachers.
I worked at a shop and sometimes I had to go to South Africa and do some small jobs but it didn’t work because I didn’t have a passport.
My older brother is 22. He’s not been living with us. He is based in South Africa and he’s the one who was sending us groceries and supplies and money. Right now, he doesn’t have to send groceries because at least that is OK now.
Before this deal, we had nothing.
You had to stand in a queue for two hours just to get a loaf of bread.
Thursday, October 22nd, 2009
Indonesia is prepared to offer greater autonomy to the province of Aceh but not full independence, says Defence Minister Juwono Sudharsono. In an interview with the BBC, Mr Sudharsono clarified the government’s position over calls for independence in the north Sumatra province.
Indonesian President Abdurrahman Wahid earlier said a referendum should be held in Aceh, despite growing opposition from parliament and the military.
But he did not specify what options would be on any referendum paper.
Mr Sudharsono said independence was not an option: “The president is firm on that”.
“The referendum will only consider two options: one is accepting the present arrangement; or two, greater autonomy.”
He also said the government would be very cautious before heeding calls from the military to impose martial law in Aceh, as a heavy police and military presence could provoke further unrest.
There has been concern in Indonesia that the country could disintegrate after the successful pro-independence campaign in East Timor.
Anti-Jakarta feeling is running high in Aceh after years of human rights abuses by the armed forces and what is seen as plundering of Aceh’s wealth by the central government.
Thousands of mainly non-Acehnese are fleeing. They fear an upsurge in rebel violence if the independence movement gathers pace.
And rumours have been circulating that the separatist Free Aceh rebels will launch attacks on and around 4 December – the anniversary of the movement’s founding.