Eight-day strike at China factory making Michael Kors bags ends as workers’ pension and wage demands met  

Chinese factory workers in Guangzhou, who make luxury handbags for the US fashion label Michael Kors, ended an eight-day strike this week after the company agreed to their demands, but activists warn labour disputes on the mainland are likely to increase as workers seek better pay and treatment in line with the country’s economic advancement.
Workers at Panyu Simone, controlled by South Korea’s Simone Accessories Collection, had demanded a guaranteed basic wage of 3,500 yuan (US$552…
Source: SCMP – China

China has new three-year plan to clean up environment, minister says

China is looking to set tougher goals in a new three-year “green” plan to improve air quality and tighten regulations, minister of environmental protection Li Ganjie said on Saturday.
The ministry said the country had exceeded its target set in an air pollution action plan in 2013. Last year, average concentrations of PM 10, a fine particle that is harmful to health, were down by 22 per cent – compared to the target of 10 per cent – in more than 330 cities from 2013. In…
Source: SCMP – China

Returning migrants: the Chinese economy’s next great hope?

It’s early on a crisp winter morning in Yujin, a sleepy village in northern China, and two young men are getting ready to start work.
Their days consist of selling locally grown fruit and vegetables. Today, it is pomegranates picked up from a neighbouring village, Shangchen, as it is too early in the year for the sweet potatoes that Yujin is known for. Working together with neighbours comes naturally in poor, rural areas like these, where farming has long been the only source of income….
Source: SCMP – China

Xi Jinping’s second term begins with show of unequivocal loyalty from lawmakers

Xi Jinping started his second term as China’s president on Saturday with a show of unchallenged authority, receiving full support from the legislature while his trusted ally was brought back to political centre stage.
With no other candidate in the running, the unanimous vote by the National People’s Congress was more of a political statement – proclaiming unequivocal loyalty and deference to the country’s most powerful leader in decades.
In another confirmation of Xi…
Source: SCMP – China

China’s Xi Jinping and Russia’s Vladimir Putin are putting strongman politics back on the map

Strongman politics is back. And for anyone who thought otherwise, a quick peruse of this weekend’s headlines should help set them straight.

On Saturday in Beijing, Chinese President Xi Jinping received a thunderous ovation at the Great Hall of the People as he was sworn in for a second term, just minutes after receiving a unanimous mandate to do so and less than a week after lawmakers voted to revise the constitution and remove the two-term limit.

On Sunday in Moscow, Vladimir Putin…
Source: SCMP – China

A silver lining is in the clouds if the economies of China, Asia can pull through the immediate squall

“Winds moderate to severe, moving east. Visibility poor. Storms possible”.
— Shipping Forecast, BBC Radio 4, 06:00 GMT every morning.
From simmering tensions, to a spat, to a skirmish, to a war. How might trade relations between the United States and its global partners in general, and China in particular, play out in the coming weeks and months ahead?
In recent days, depressingly, the likelihood of a trade war between the US and China has escalated. The earlier restraint which…
Source: SCMP – China

China ‘strongly dissatisfied’ after US President Donald Trump signs Taiwan Travel Act

Beijing on Saturday expressed its strong opposition to United States President Donald Trump’s signing of the Taiwan Travel Act, which allows American representatives to meet officials from the self-ruled island.

“The relevant clauses of the Taiwan Travel Act severely violate the one-China principle,” a statement released by the Chinese embassy in Washington said. “China is strongly dissatisfied with that and firmly opposes it.”

The statement said the US…
Source: SCMP – China

Lower entry fees set to hit operators of China’s biggest tourist spots hardest

Michael Wang is one of hundreds of millions of Chinese tourists to travel within the country each year, exploring its many natural wonders, heritage sites and beauty spots.
But he may decide to go abroad for his next holiday. Like many, he’s getting fed up of having to pay what he considers exorbitant prices to access the mainland’s most popular scenic attractions. 
“I am losing my interest in visiting the domestic historical sites and places of interest,” said Wang…
Source: SCMP – China

One world, two empires: is China-US conflict inevitable?

We live in discordant times marked by a strange but striking fact: despite visible signs of waning American global power and the birth of a strident global China, few people dare openly use the word empire. It is as if things cannot be called by their proper name.

In China, public talk of empire (dìguó) remains rare. It is a pejorative term directed at others; the word is almost never applied to China itself. State officials and media platforms instead emphasise past victimhood…
Source: SCMP – China

Another Chinese tycoon starts to sell off assets after Xi Jinping’s call to cut debt risk

Xie Zhikun, a rags-to-riches Chinese tycoon who has built a business conglomerate managing at least 1 trillion yuan, is selling off assets to repay debt, sources have claimed.

The sale emerged after the authorities in Beijing urged other highly leveraged businesses to perform similar acts of “self-rescue”.

The latest major divestment by Xie, whose business is centred on Zhongzhi Enterprise Group (ZEG), surfaced this week when Jingwei Textile, a listed subsidiary of state-owned…
Source: SCMP – China

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