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


To: Haim R. Branisteanu who wrote (147959)4/25/2019 3:31:51 PM
From: Elroy Jetson1 Recommendation

Recommended By
elmatador

  Read Replies (1) | Respond to of 218224
 
The Chinese government-owned Three Gorges had obtained only 2 of the required 16 regulatory permissions they needed within the next 45 days to close the purchase of Energias de Portugal.

The fact that most "private;y-owned companies" in China are actually owned by the Chinese government is never going to play well in the rest of the world.

It's as if the Russian or US military went on a spending spree trying to buy foreign companies. Who wants one of their utilities or manufacturers owned by a foreign military???


China needs a good rethink their current internal arrangement in order to enjoy the same freedom of ownership in other countries, just as they need to rethink foreign ownership they're willing to allow inside China.

Real estate ownership which reverts back to the Chinese state after 70 years is farcical. Imagine China being told the railway lines and farm land they've bought in Africa or Brazil reverts back to the state in another 62 years - sorry, you didn't buy what you thought you did.

Like Imperial Japan, China can also resort to military attack on nations which don't agree to sell the products China wants - and they should also rethink that ridiculous option constantly proposed by parts of China's Deep State.

Europe is unique in the fact that the boards of private businesses include seats for employee and government representatives. Just because you increase your ownership stake from 23% to 100% doesn't mean your vote on the board rises to 100%. Just as the Chinese government was never going to obtain 100% of the votes on the board, they faced similar problems in the other 14 regulatory approvals.



To: Haim R. Branisteanu who wrote (147959)4/25/2019 8:39:10 PM
From: TobagoJack  Respond to of 218224
 
California belts up and hits the road, and perhaps per adage, that California leads and ...

scmp.com

California signs up for China’s Belt and Road Forum to help in fight against climate change

Lieutenant governor Eleni Kounalakis joins delegates in Beijing to discuss international cooperation in fight against global warming

Kimmy Chung

Published: 11:00pm, 25 Apr, 2019

Although the US federal government has snubbed the Belt and Road Forum in Beijing, representatives from America’s most populous state are attending to drum up support for international efforts to tackle climate change.

California’s Lieutenant Governor Eleni Kounalakis said she was attending the event primarily to “talk about climate change and urge participants to prioritise the issue, and consider how the ‘Belt and Road Initiative’ can drive positive action for this global threat”.

The forum, which began on Thursday, is being attended by senior figures from 37 countries, but the United States decided not to send senior figures owing to its growing doubts about the transcontinental infrastructure project and the ongoing trade war between the two sides.

But Kounalakis, who spoke at a forum on subnational cooperation in fighting global warming, praised China’s plans to introduce a national carbon trading programme.

“What China has attempted to do is no small feat. When fully operational, China will have the largest emission trading market in the world,” she said.

“The Belt and Road Initiative presents perhaps the greatest opportunity today for China to confirm its commitment to combating climate change.”

She said she hoped China would make that its top priority – along with efforts to protect the environment – in each belt and road infrastructure project.

China began setting up pilot carbon trading platforms in 2013 in seven areas and four years later announced plans to launch a nationwide scheme.

Last month a senior climate official said the scheme was expected to start operating some time next year.

Kounalakis added that California and China had signed several memorandums of understanding on the issue and had built up a partnership based on the shared principle of fighting climate change.

In September last year, China and California held a three-day summit in San Francisco to discuss the issue with the endorsement of Chinese President Xi Jinping, who sent a personal message of support to the governor at the time, Jerry Brown.