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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (131590)	3/6/2017 10:10:55 PM
From: Alex MG	Respond to of 219490

The GOP made a helpful list of the people they are cutting health care to: elderly, blind and disabled, children, and adults. The GOP made a helpful list of the people they are cutting health care to: elderly, blind and disabled, children, and adults. pic.twitter.com/ClzhCEaWYC — Emma Sandoe (@emma_sandoe) March 7, 2017

To: Elroy Jetson who wrote (131590)	3/7/2017 12:39:33 AM
From: elmatador	2 Recommendations Recommended By Elroy Jetson ggersh Read Replies (1) \| Respond to of 219490

European businesses attack China high-tech push Fears Beijing-backed national champions could swamp whole industries with overcapacity Read next China overtakes eurozone as biggest bank system 2 HOURS AGO by: Charles Clover Beijing’s plans to create national champions in 10 high-tech manufacturing sectors by 2025 has come under fire from European businesses, which fear Chinese producers could swamp whole industries with overcapacity and spark a protectionist backlash. The EU Chamber of Commerce in Beijing on Tuesday released a 70-page critique of China’s industrial policy, known as China Manufacturing 2025. “The broad set of policy tools that are being employed to facilitate CM2025’s development are highly problematic,” said the chamber, which represents European businesses in China. The report was timed to coincide with the National People’s Congress, the annual meeting of China’s rubber-stamp legislature. The chamber said, for instance, that foreign carmakers with electric models were being pressed to turn over their battery technology to Chinese partners in exchange for being able to produce and sell in China. “European business is facing intense pressure to turn over advanced technology in exchange for near-term market access,” according to the report. Other measures that have been already implemented, such as subsiding local producers of battery-powered cars, are possibly in violation of China’s commitments to the World Trade Organisation, the EU Chamber said. However, foreign businesses fear WTO resolution may not be an option given the length of time the process takes and the potential for retaliation by China. On Sunday, at the opening of the NPC, China’s government appeared to react to criticism of its manufacturing plans, saying in a government work report: “Foreign firms will be treated the same as domestic firms when it comes to licence applications, standard-setting and government procurement, and will enjoy the same preferential policies under the Made in China 2025 initiative.” Jörg Wuttke, president of the EU chamber, acknowledged that the criticisms of China’s trade and investment policies may spark protectionist calls in the EU, but said the report was intended to pre-empt rather than champion trade barriers. “We are saying this not to encourage protection but with an eye to the rise of populism across Europe,” he said. The new measures proposed by Beijing date back to 2015, when Beijing announced a plan known as Made in China 2025. Modelled on Germany’s “Industry 4.0” programme of smart manufacturing, the plan identified 10 sectors for China to dominate locally but in which it should be competitive globally. These included robotics, advanced medical technology, semiconductors and new energy vehicles. The plan was unusual, said Mr Wuttke, in that it specified precise targets for market share, both domestic and foreign. That awoke concerns in Europe and beyond of “steroid-fed” state companies swamping lucrative sectors with Chinese production, similar to what has happened in other low-end manufacturing sectors over the past two decades. In many cases, for example in high-speed rail, western multinationals such as Siemens have handed over technology under licensing deals only to see Chinese partners turn round and compete with them in foreign markets. Many analysts say foreign multinationals’ attitude to China has hardened in the past few years, as growth slowed and competition sharpened. European business is facing intense pressure to turn over advanced technology in exchange for near-term market access EU Chamber of Commerce in Beijing “Many companies that were more tolerant of an unlevel playing field back when China was growing in the double digits are now finding this level of patience running thinner in this new lower-growth environment,” said Jude Blanchette of the Conference Board in Beijing. At stake for China is a transformation desperately needed for the country to escape the so-called middle-income trap — a term used to describe the struggle faced by developing economies seeking to make the leap to a high-wage economy when rising incomes have already hampered the country’s competitiveness. With the number of workers shrinking for the third year in a row, Chinese incomes are now higher than in many middle-income countries, so productivity needs to improve to keep up with rising labour costs. Average wages have surpassed those of all Latin American economies except Chile, and are fast catching up with those in peripheral eurozone states such as Greece and Portugal. “If they can’t get out of low-end manufacturing they will be stuck, given ageing and the competitive landscape,” said Mr Wuttke. However, the EU chamber said state-led industrial policy was not the best way to achieve this. “China’s global champions are Huawei, Tencent and Alibaba, all private companies that are market-led,” he said, referring to the telecoms equipment giant and China’s top two internet companies.

To: Elroy Jetson who wrote (131590)	3/7/2017 1:21:10 AM
From: TobagoJack	Read Replies (1) \| Respond to of 219490

... and trump may have it in against hong kong so may need a refresher course in his learnings scmp.com How Vincent Lo trumped The Donald in New York projectIn the US and UK media, Shui On Land Ltd.’s chairman Vincent Lo is occasionally referred to as “the Donald Trump of China.” It’s a difficult comparison, given Lo’s personal bearing; though the business vision, his dalliances with debt and his tabloid chronicled marriage to a beauty pageant winner do bear some comparison. The experience of facing down Donald Trump in a US$500 million lawsuit in the mid 2000s is not something that Lo would discuss in great detail, considering that Developer Trump is now President Trump. Asking about it now elicited a sigh and a roll of the eyes. “He has a very flamboyant personality,” Lo said in an interview with The Peak magazine, published by the South China Morning Post. “We all have to sit back and see [what happens]. It’s worrying to see so many retired generals there [in the US cabinet], so I think the world is watching carefully.” Lo, in partnership with New World Development Co.’s chairman Henry Cheng Kar-shun had come to Trump’s aid in 1994 when the American property magnate was unable to service the payments on a 77-acre swathe of land in New York, known as Riverside South, following a crash in the real estate market. The Hong Kong billionaires agreed to buy the land, assume the debts and pay Trump 30 per cent of the profits. Their subsequent partnership lasted for over 10 years, until Lo and Cheng sold the development for US$1.76 billion in 2005. It may have been one of the largest residential real estate transactions in New York’s history at the time, but an apoplectic Trump alleged that he could have gotten a better price and that he was not consulted about the sale. Thus began a years-long suite of lawsuits, which ended up with Trump losing in court and receiving much less than what he had asked for in the settlement. In 2015, US presidential candidate Trump bragged openly of how he “beats China all the time.” “Everyone is trying to figure out how to deal with President Trump,” Lo said. “Will he behave as he runs his own business? Politics is very different from business. There are checks and balances, but with his personality, there will obviously be some changes.” *(These are excerpts of an article published in the March issue of The Peak* magazine, available by invitation and at selected news stands.)**