A weekly sampling of news, analysis and
opinion on economic issues of
India, China and the U.S.
Articles and
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UGA IPSO India Initiative: India Conference |
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IPSO India Initiative Launch: India
Conference
Interconnected Future: India and
Georgia
Georgia Center for Continuing Education
Save the Date: April 2 & 3, 2009
This two-day event includes the India
Conference that will be held at the Georgia
Center for Continuing Education in Athens. A
special lecture sponsored by the College of
Public Health on Thursday, April 2, 2009 at 6
pm will kick off the conference at the Paul
D. Coverdell Center. On Friday, April 3, 2009
the conference will run from 9:30 am to 3:30
pm, including a keynote and luncheon speaker,
followed by a cultural performance and a
reception. The conference will cover four
areas: political, economic, educational, and
cultural aspects of India and how they relate
to Georgia. Specific objectives of the
conference include: a focus on foreign
investment in Georgia from Indian firms and
Indo-American business relations for economic
development as well as educational
partnerships for UGA and Indian institutions
of higher education.
Click
here for more conference information
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Free Access to Journal of Knowledge-based Innovation in China |
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Emerald Group Publishing Ltd is pleased to
offer ICA Institute readers free access to
its journal Journal of Knowledge-based
Innovation in China
during March.
China is undergoing a fast transformation
from the world's manufacturer to a leading
player in the field of knowledge-based
innovation. Published in association with the
China Association for Management of
Technology (CAMOT), the Journal of
Knowledge-based Innovation in China (JKIC)
responds to the lack of scholarly
publications with a Chinese perspective on
this field of study. JKIC publishes research
that addresses emerging or developed
innovative practices in modern China, and how
innovation is feeding into the country's
rapidly growing knowledge economy. This
includes critical analyses which are informed
by an appreciation of the complexity of the
National Innovation System (NIS) and of
regional and sectoral diversity.
To access the journal visit http://www.emeraldinsight.com/jkic.htm
, see the table of contents and - when
prompted - enter the following:
Username: ICAinstitute
Password: emerald
For more information on the journal, please
contact the Publisher, Victoria Buttigieg, at
vbuttigieg@emeraldinsight.com
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China Goes Global Call for Papers |
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Call for Papers
3rd China Goes Global Conference
September 30 - October 2, 2009
Harvard University, Cambridge, USA
www.chinagoesglobal.org
Overview
This century has been dubbed the Chinese
Century. But will the naming of this Century be
congruent with the country's performance in
the global political economy? As part of a
series of
conferences on the topic China Goes Global,
held at Harvard Kennedy School and Rollins
College, we issue a new call for papers on
the globalization of China and Chinese companies,
focusing on the following broad questions:
1. What are the social, political and
economic influences of China's globalization?
2. How will China's globalization effect the
business environment of firms in developed and
emerging countries?
3. Will China really replace the US economic,
political and business leadership in the 21st
Century?
4. What are the factors associated with
China's emerging global economic prowess?
5. Can Western political/economic models and
theories help explain China's current trajectory,
either on a macro or a micro level?
Important Dates
Deadline for Submission: May 15, 2009
Paper acceptance/rejection: July 1, 2009
Revised paper submission: August 15, 2009
Registration Fee
Please note that all presenters and
participants must register to attend the
conference. The early
bird registration fee of USD 495 is due on
July 5, 2009, and the regular registration
fee of USD 595 is
due on August 15, 2009. The registration fee
includes refreshments, lunches, reception,
conference dinner, and a copy of the book
China Rules: Globalization and Political
Transformation (Palgrave McMillan, 2009).
Conference registration does not
include accommodation or travel costs.
Organizational Committee
Dr. Ilan Alon, Petters Professor, Director
Rollins China Center, Crummer Graduate School of
Business, Rollins College, Asia Programs
Visiting Scholar, Harvard University
Dr. Julian Chang, Executive Director, Asia
Programs, Ash Institute, Kennedy School of
Government, Harvard University
Dr. Marc Fetscherin, Assistant Professor,
Crummer Graduate School of Business, Rollins
College,
Asia Programs Visiting Scholar, Harvard
University
Dr. Christoph Lattemann, Assistant Professor
of Corporate Governance & E-Commerce, University
of Potsdam, Asia Programs Visiting Scholar,
Harvard University
Dr. John R. McIntyre, Professor, Director of
Georgia Tech CIBER, Georgia Institute of
Technology
For more information, visit the conference
website
http://www.chinagoesglobal.org/
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Headlines |
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China Denies Protectionism In Coca-Cola
Ruling (CNN Money, Mar 19) China
dismissed criticism that its rejection of
Coca- Cola Co.'s (KO) bid for China Huiyuan
Juice Group Ltd. (1886.HK) was a
protectionist move, saying Thursday the
decision was consistent with its antimonopoly
law and the country remains open to foreign
investment.
The Ministry of Commerce said Wednesday it
had ruled against Coca-Cola's purchase of
Huiyuan for US$2.4 billion because the deal
would unduly restrict competition.
The ruling, the first big test of China's
antimonopoly law that took effect in August,
could discourage foreign investment and
undermine Beijing's calls against
protectionism in global markets.
CPI drops, but no deflation forecast
(Shanghai Daily, Mar 11) CHINA'S
consumer price index fell in February for the
first time in six years, another indicator of
a weakening economy and a possible signal
that interest rate cuts might be on the
horizon.
India Inflation Slows to 2-Decade Low of 0.44
Percent (Bloomberg, Mar 19) India's
inflation slowed to a two- decade low,
providing room for the central bank to cut
interest rates to protect the economy from
the global recession.
Wholesale prices rose 0.44 percent in the
week to March 7 from a year earlier after
gaining 2.43 percent the previous week, the
commerce ministry said in New Delhi. That's
the lowest inflation rate on record,
according to data available since 1990 on
Bloomberg. Economists expected an increase of
0.86 percent.
India News Digest: Indian CEOs Raise H-IB
Visa Issue With Obama Administration
(Wall Street Journal, Mar 19) Asian
stocks gained for a second day, led by
commodity and construction companies, after
China's Premier Wen Jiabao said the country's
economic growth target for this year is
within reach.
BHP Billiton Ltd., the world's biggest mining
company, climbed 4.4 percent in Sydney and
Komatsu Ltd., the world's No. 2 maker of
earthmoving equipment, jumped 3.8 percent in
Tokyo on speculation demand for metals and
industrial machinery will rise. Mazda Motor
Corp., Japan's No. 4 carmaker, surged 11
percent as the yen weakened. Hong Kong's Hang
Seng Index and U.S. futures erased gains
after Wen refrained from announcing an
expansion of a 4 trillion yuan ($585 billion)
spending package.
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Energy |
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The Dam Building Boom: Right Path to Clean
Energy? (Yale Environment 360, Feb
23) Led by China, the developing world
is engaged in a flurry of dam construction,
touting hydropower as renewable energy in an
era of global warming. But critics point out
that the human and environmental costs of
dams remain high.
Could Small Nations Like the Maldives Lead in
Renewable Energy? (Green Inc., Mar
16) President Mohamed Nasheed of the
Maldives, a chain of low-lying islets in the
Indian Ocean, is aiming to make his country
the first carbon-neutral nation by fully
switching to the use of renewable energy
within a decade, according to The Observer, a
newspaper published on Sundays in Britain.
According to Mr. Nasheed, global warming that
prompts rises in sea levels is threatening
the existence of the Maldives. Previously the
nation had considered a global warming
relocation fund using revenue from tourism to
buy land elsewhere as a new home for the
country's 400,000 citizens should the
worst-case scenarios play out.
Environment: Smart progress made on the green
front (China Daily, Mar 6) China
will continue its drive toward energy
conservation, emissions reduction, and
environmental protection in 2009, Premier Wen
Jiabao said yesterday. In the past three
years China's energy consumption per unit of
GDP has dropped by 10.08 percent, Wen told
lawmakers in a report to the annual session
of the National People's Congress.
Energy: Pollution levels, energy use drop
(China Daily, Mar 9) China made progress
in reducing its energy use last year,
according to a government report. The
National Bureau of Statistics (NBS)'s annual
report, released late February, said energy
consumption per unit of gross domestic
product (GDP) fell 4.59 percent in 2008,
slightly higher than the bureau's previous
4.21 percent estimate.
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ICT |
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Outsourcing:
China vs. India (China Knowledge, Mar
9) Affected by the global economic crisis,
China's exports dropped rapidly in the fourth
quarter of 2008. In December, China's export
growth was -2.8%, bringing the growth rate
for 2008 to 17.2%, which is 2.1% lower than
the growth in the first 11 months. However,
China's software industry still experienced
fast growth in 2008. This year, China's
software exports reached US$14.2 billion, up
39% year on year. Service outsourcing grew at
an even faster speed of 54.3% to US$1.6
billion by the end of 2008. The growth in the
whole year was 6.2% higher than the growth in
the first 11 months.
India
registers slight slowdown in new telecom
connections (The Hindu, Mar 19)
India's telecom operators managed to add
13.42 million new subscribers to the network
in February, which was lower than the 15.26
million new connections during the previous
month, official data showed Thursday. With
this, the total number of telephone
connections in the country under both the
wireless and wireline segments has gone up to
413.47 million, the sector's watchdog, the
Telecom Regulatory Authority of India, said
in a statement.
TCOM expects to earn $800 m from emerging
markets (The Economic Times, Mar 17)
MUMBAI: Tata Communications (TCOM), the
global telecommunications arm of the Tata
Group, is eyeing 20% of its revenues, or
around $800 million, from
non-Indian emerging markets in the next three
years. TCOM's target markets are South East
Asia, the Middle East and Africa excluding
India and China. The company's focus on these
markets is in tune with current economic
scenario. While most of the developed world,
including the US and UK, is expected to
report negative GDP growth in near term,
major emerging economies are still expected
to grow, though at a much reduced rate.
China's largest PC maker targets rural
market (China View, Mar 6) Lenovo,
China's largest personal computer maker, aims
to sell 5 million computers in rural areas
within three years, reported Friday's China
Daily.
TMT: Motorola unit exits handsets
business (China Daily, Mar 4)
Hangzhou Motorola Cellular Equipment Co Ltd,
a joint venture between Motorola Inc and
Hangzhou Eastern Communications Co Ltd, is
stopping cell phone production after the
first quarter of this year, underlining the
extended woes of the US communication giant's
troubled mobile phone business.
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Agriculture |
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Global companies facing growing water risk,
warn experts (NDTV.com, Mar 19) On
the socio-economically important industry
like agriculture, the report says that
reduced water availability is already
impacting food commodity prices, as shown by
last year's sharp increase in global rice
prices triggered by a drought-induced
collapse of rice production in Australia.
Roughly 70 per cent of the water used
globally is for agriculture, with as much as
90 per cent in developing countries where
populations are growing fastest.
Live bird markets to be shut down
(Shanghai Daily, Mar 11) THE Ministry of
Agriculture plans to close all live bird
markets in medium and large cities across the
country to combat a possible bird flu
epidemic, Beijing Times reported today.
India May Subsidize Wheat Exports as
Stockpiles Mount (Bloomberg.com, Mar
17) India, the world's second-biggest
wheat grower, may subsidize exports to run
down stockpiles at government warehouses that
may reach a seven-year high, likely
pressuring global prices, a U.S. growers'
group said.
The government will face a storage problem
when it begins buying wheat next month as it
raised the assured price paid to farmers to a
record, said Mark Samson, vice president for
South Asia at the U.S. Wheat Associates.
Reserves may reach 30 million metric tons by
June 1, 40 percent of demand, the U.S.
Foreign Agricultural Service said in January.
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Education | Workforce Development |
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Chinese state councilor meets Georgetown
University president (China View, Mar
8) Chinese State Councilor Liu Yandong
met here on Sunday with John DeGioia,
president of Georgetown University of the
United States. Liu expressed appreciation for
the contribution of DeGioia to push forward
educational exchanges and personnel training
between China and the U.S..
Building a Professional Network in China
(e-education journal, Mar 19) Did
you know that most Chinese mobile phone users
don't use voicemail? Members of the Graduates
in Instructional Technology Student
Association (GrITS) at Georgia State
University learned about Chinese
telecommunications habits recently while
collaborating with Zoo Atlanta's Academy for
Conservation Training (ACT). ACT invited
GrITS members to brainstorm technology
solutions to help foster the professional
network for zoo educators in China and
maintain momentum between training programs.
Funded by The UPS Foundation, Zoo Atlanta's
award-winning Academy for Conservation
Training (ACT) is the preeminent conservation
education training for Chinese zoo educators.
The goal of ACT is to work with the Chinese
Association of Zoologcial Gardens (the
organization that oversees accredited zoos in
China) to develop and support a network of
professional zoo educators who have the
skills, knowledge and tools to support their
conservation missions through education.
Survey: Gap between China's rural and urban
education levels huge
(China View, Mar 5) A survey made
public Tuesday by Peking University shows
that China is seeing an increasingly large
gap between the education levels of people
holding urban and rural permanent residency
permits, or "hukou" in Chinese.
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Corporate Responsibility |
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HP Joins Foxconn In Recycling E-waste In
China (China CSR, Mar 11) HP and
Foxconn have announced that they will expand
the recycling of e-waste in China. Based on
HP's recycle program, the new project will
make use of Foxconn's expertise and
infrastructure in logistics and
manufacture.
Companies Had To Pay Female Employees
Fivefold Salary On IWD (China CSR, Mar
10) Hu Dongyun, the deputy director of
the Hubei Provincial Labor and Social
Security Department, said that according to
Chinese rules and regulations, March 8, the
International Women's Day, was a holiday
designated by law and companies needed to
offer a half-day off for their female
employees. Hu said that since this year's IWD
fell on Sunday, female employees can apply
for a fivefold payment for a half day's work
if they are asked to work more than a half
day. Employees can report to the labor
department employers who refuse pay this
overtime.
Jinjiang Inn To Join WWF's "Earth Hour"
(China CSR, Mar 10) Budget hotel group
Jinjiang Inn says it will join the Earth Hour
program initiated by the World Wildlife Fund.
On March 28, 2009, all the 240 plus outlets
of Jinjiang Inn will turn off their external
lights. In addition, the hotel will send off
information cards free of charge to its
customers via its official website, calling
on these customers to do their bit to protect
the earth.
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Industrial Resources | Manufacturing |
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DuPont's TiO2 Plant in China still awaiting
approval (China Knowledge, Mar 17)
The U.S.-based chemical industry giant E. I.
DuPont de Nemours & Co (DuPont) is determined
to build a 200,000-ton per year titanium
dioxide (TiO2) plant in Dongying City,
Shandong Province, and sent a representative
to China last week to say so, sources
reported. Douglas W. Muzyka, vice president
of DuPont and president of DuPont Greater
China, last Tuesday visited Shandong Province
and met the province's Vice Governor Cai
Limin, aiming to speed up the approval
process. The company wants to build the
plant in the city's Economic Development
Zone. It will cost around US$640 million to
construct the factory and to buy the
supporting facilities.
Minister: Industries see recovery signs
(China Daily, Mar 11) There are
indications that China's industries are
recovering, the country's top industrial
official said yesterday while cautioning that
businesses still face "their most difficult
times".
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Environment | Climate Change |
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Drought without end? (chinadialogue, Mar
3) Some parts of China are suffering
their worst drought in 50 years. The country
needs to focus on how it uses water for
agriculture and industry.
The high cost of low carbon
(chinadialogue, Mar 2) Many people in
China want to live more environmentally
friendly lifestyles. But reducing carbon
footprints can be expensive and support for
the effort is lacking.
Obama's green plan (chinadialogue, Feb
27) The American president is taking
bold steps to address the energy and
climate-change crises. As Niu Jitao writes, a
Sino-US partnership will have a vital role to
play.
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Innovation |
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Indian meal starter lasts 50 years (BBC,
Mar 11) Eighty-year-old Jaswantiben
Jamnadas Popat defies her age. She seems more
agile and active than her grandchildren.
"I don't want to stop working," she says with
youthful determination. Mrs Popat is the only
survivor of a group of semi-literate Gujarati
housewives who founded Lijjat Papad 50 years
ago. She will be celebrating the Lijjat
golden jubilee on 15 March with 45,000 other
women who are part of the women-only
co-operative. Mrs Popat cannot believe that
what started as a desperate move to
"supplement the family income" 50 years ago
has come so far.
'Journey to the West' theme park idea
(Shanghai Daily, Mar 11) A SHANGHAI
CPPCC member has proposed a theme park based
on "Journey to the West," one of the four
great classical novels of Chinese literature
- a fictionalized account of the legends
about the Buddhist monk Xuanzang's pilgrimage
to India during the Tang Dynasty (618-907
AD). It's best known in the West for its
monkey king character.
China able to send man to moon around 2020:
expert (China View, Mar 10) A
Chinese astronautics professor said Tuesday
the country is capable of sending astronauts
to moon around 2020. "The key technology
problem is the 'returning'", said Xu Shijie,
a professor from the Beijing University of
Aeronautics, explaining that the country's
three-stage moon mission could be defined as
"orbiting", "landing" and "returning".
British, Chinese experts working on 4G mobile
phone solutions to get extra funding
(China View, Mar 7) Experts in Britain
and China working together on technology for
the next generation of mobile phones have
received nearly 1 million pounds (about 1.42
billion U.S. dollars) to boost the
project.
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Health | Medicine |
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NW China region reports sharp rise in
HIV/AIDS cases (Xinhua, Mar 9) The
number of reported cases of HIV/AIDS rose by
50 percent last year to 216 in northwest
China's Gansu Province.
Hospital ordered to pay after HIV scare
(Shanghai Daily, Mar 11) A WELL-KNOWN
infectious diseases hospital in Beijing was
ordered to pay 13,344 yuan (US$1,959) for
accidentally pricking a man with a needle an
AIDS patient had used, according to a court
ruling on Monday.
Lawmakers urge stepped-up measures on tobacco
control (Shanghai Daily, Mar 11)
LAWMAKERS are pressing for tighter tobacco
control to reduce smoking prevalence in
China, where a quarter of the population are
smokers.
The country should initiate a tobacco-control
program as soon as possible to cut down
tobacco supplies and demand, and protect
people's health, Ma Li, a deputy to the
National People's Congress, said on the
sidelines of the top legislature's annual
meeting.
Hong Kong has rising cases of HIV
infection (Shanghai Daily, Mar 4)
THERE were 435 new HIV cases in Hong Kong in
2008, which is the highest recorded annual
figure, Hong Kong Center for Health
Protection said yesterday, adding that the
figure was 5 percent higher than in 2007. A
consultant from the Center for Health
Protection, Wong Ka-hing, said sexual
transmission continued to be the major way
HIV is spreading.
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Logistics | Transportation |
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Sales of vehicles speed up 25% (Shanghai
Daily, Mar 11) CHINA'S vehicle sales
accelerated 25 percent in February, reversing
from a 14-percent drop a month earlier, as
demand for small cars surged after the
government launched stimulus measures.
Home prices
continue to fall for 3rd consecutive
month (Shanghai Daily, Mar 11) HOME
prices in major Chinese cities continued to
go south last month, extending year-on-year
losses for the third consecutive month.
China disputes US over ship tiff
(Shanghai Daily, Mar 11) CHINA yesterday
accused the United States of distorting the
truth and breaking the law after a US Navy
survey ship jostled with Chinese vessels off
an island in the South China Sea.
Direct shipping boosts mainland imports of
Taiwan farm produce (China View, Mar
10) China mainland's imports of
duty-free farm produce from Taiwan grew 177
percent over the same period last year to
2,635 tonnes from Dec. 15 to mid-February,
reflecting the policy of "three direct
links", statistics released Tuesday
showed.
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Newsletter staff |
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International
Contributors Editorial Board
RJ Paulsick - Co-Editor
Roxanne Russell - Co-Editor
Geoff Hiscock - Australia
Priya Roy- China (Shanghai)
Harsha Harjani - Hong Kong
Dr. Nilay Yajnik - India
Farhad Mirzaei - Iran
Asha Hemrajani- Singapore
Melissa Steinmetz - UK
Dr. Daney Jackson - USA
Dr. Sudhanva Char - Academic Resources
Shree Pandya - Engaging Youth
Laurel Askue - Environment & Conservation
Christopher Chan - Intellectual Property
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The ICA
Institute
is a non-profit research institute working to
foster research and dissemination of
knowledge on the rise of China and India and
their impact on global markets, global
resources and geopolitics of the world. The
ICA Institute's mission is to generate new
perspectives on the role of market and
resource driven economic development. ICA
Institute fosters interaction and dialogue
between academic scholars, industry leaders
and policy makers on the impact of emerging
economies in general and China and India in
particular. Specifically, The ICA Institute is
positioned to be a catalyst between faculty
and students in International Business and
industry leaders and managers.
Learn more about the ICA institute
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