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Wereldtentoonstelling Shanghai 2010

Posted: 30 april 2010

Look at CCTV

Openingceremony

Worldexpo Shanghai 2010

from 1st of May till 31th of October 2010

IMF reforms

Posted: 26 april 2010

www.xinhuanet.com

Chinese minister: World Bank reform benefits world development

Chinese Finance Minister Xie Xuren (C, Front) and other participants pose for a group photo prior to the IMF-World Bank Development Committee meeting in Washington April 25, 2010. (Xinhua/Zhang Jun)

WASHINGTON, April 25 (Xinhua) -- The voting power reform approved by the World Bank's Development Committee on Sunday is a historic move and will let developing countries play bigger roles in world development, said Chinese Finance Minister Xie Xuren.

"This reform has increased the representation and voice of developing countries and made the World Bank's governance structure fairer and more reasonable," Xie told reporters in Washington.

"It will protect the interest of developing countries and provide developing countries chances to play a bigger role," the minister said. "It will also enhance the World Bank's contribution to helping developing countries' economic development and poverty reduction."

World Bank member countries reached an agreement on a 3.13-percent shift in voting power to give emerging and developing nations greater influence in the global institution.

The shift will increase the votes of the developing world to 47.19 percent from 44.06 percent. China's stake at the bank, in terms of voting power, rises from 2.78 percent to 4.42 percent.

Volvo eerst uit rode cijfers

Posted: 26 april 2010

source: www.english.news.cn

Volvo needs to get out of the red before opening China plants: Geely chairman

(Photo: globaltimes.cn)

BEIJING, April 25 -- Emphasizing that Geely and Volvo are two independent companies though they will soon share the same owner, Li Shufu, chairman of Geely Holding Co. said on Friday at the Auto China 2010 show in Beijing that there will be no Volvo plant in China before turning the car brand's losses into gains after the takeover.

Reports had said Geely would likely to set up its Chinese headquarters and a Volvo factory in Shanghai where Geely already has plants to produce its Maple brand cars and London black cabs. But Li refuted the rumor by saying the deal is not yet completed as the authorities are going over the transaction.

"At the moment Volvo doesn't belong to Geely since the deal is not finished and we haven't paid the money," said Li. "Decisions about Volvo will be announced only after the deal goes through," he said, admitting that the company is sounding out some Chinese cities for Volvo's future development.

Li said that even if the deal is given the green light, Geely will not open any Volvo plants in China unless it can turn the losses into profits. This target, which Li hopes could be reached by 2011, can be realized when Volvo sells 370,000 cars a year globally.

Volvo's future prospects are rosy as the company sold 10,000 units in the first three months of 2010 in China, a 134 percent increase year-on-year. It wants to almost double its sales in China, which is the world's largest vehicle market this year to about 40,000 units, according to Alexander Klose, president of Volvo Cars China.

Geely signed a binding deal on March 28 to buy the Volvo Cars unit from Ford Motor for $1.8 billion. The acquisition is deemed as a win-win deal as Geely can help the Swedish brand open the biggest vehicle market in the world, while Volvo could boost Geely's technology capability and raise its brand recognition abroad.

(Source: globaltimes.cn)

Beating the Jobs Crisis

Posted: 21 april 2010

www.ituc-csi.org www.tuac.org www.global-unions.org

“BEATING

THE JOBS CRISIS”

GLOBAL UNIONS STATEMENT

TO THE G20

Employment and Labour ministers' meeting

Washington, 20-21 april 2010

“We commit to implementing recovery plans that support decent

work, help preserve employment, and prioritize job growth…. We

direct our Ministers to assess the evolving employment situation,

review reports from the ILO and other organizations on the impact

of policies we have adopted, report on whether further measures are

desirable…” Leaders’ Statement: The Pittsburgh G20 Summit,

24-25 September 2009.

Introduction and Summary

There can be no sustainable recovery in the economy until there is a

recovery in jobs. Without adequate employment and wage levels, the risk of

weak consumption prolonging the crisis will remain high. Growing public

deficits must be addressed by growth of jobs and output, not by measures that

would risk tipping the global economy back into recession with catastrophic

results. Governments must adopt an aggressive agenda to ensure more robust

growth and growth that delivers more jobs as well as the reforms to global

governance to ensure a far stronger social component for the longer term.

Child labour in Microsoft suppliers ?

Posted: 19 april 2010

Source: http://english.peopledaily.com.cn/

No child laborers found in Microsoft suppliers, says local official

The two factories of KYE Systems Corporation have not employed child laborers, or workers younger than 16, said an official with the local labor authority in Dongguan.

However, he admitted that 326 workers aged 16 to 18 in Kunying Computer Products Company and Xieying Computer Products Company, which employ nearly 4,000 workers, have not been registered with the local labor administration authority.

2010 InternationForum on Economic Globalization and the role of Trade Unions

Posted: 19 april 2010

2010 International Forum on Economic Globalization and the role of Trade Unions - Beijing - February 2010

- All-China Federation of Trade Unions (ACFTU) - World Federation of Trade Unions (WFTU) - Organisation of African Trade Union Unity (OATUU)

- International Confederation of Arab Trade Unions (ICATU) -

"2010 'Economic Globalization and Trade Unions," International Forum concluded in Beijing on the 26th, the meeting formulated and adopted a six-point consensus.

The participating trade unions leaders will focus on "the role of international financial crisis with the trade unions," "employment crisis and sustainable development" a full, in-depth exchanges of form and through a six-point consensus, general secretary of the Organization of African Trade Union Unity Sunmonu read the "International Forum on Economic Globalization and Trade Unions consensus", including:

- To promote comprehensive, coordinated and sustainable development, and working to improve global economic governance.

- Change the mode of promoting the development and technological innovation, and constantly improve the quality of the workers.

- Promote the formation of harmonious labor relations and earnestly safeguard the legitimate rights and interests of workers.

- To promote the achievement of full employment and social security, shared economic and social development outcomes.

- To promote technical assistance and technical cooperation, the strengthening of national trade union capacity building.

- To promote international labor movement to strengthen exchanges and cooperation in efforts to achieve social fairness and justice.

President Hu Jinato in Qinghai (earthquake)

Posted 19 April 10

Source: www.cctv.com

Chinese President Hu Jintao (R front)

gives a hug to injured student Zhoema of Tibetan ethnic group

The Zhaxi Datong village in Gyegu town was severely damaged in the quake.

One in five of the 600 villagers have been killed, and 70 are still missing.

80 percent of the houses have collapsed.

Chinese President Hu Jintao (R front) gives a hug to injured student Zhoema of
Tibetan ethnic group during his visit to those injured in the quake receiving
treatment at a stadium in the Tibetan Autonomous Prefecture of Yushu, northwest China's
Qinghai Province, April 18, 2010. Hu arrived in Yushu Sunday morning to direct relief
work. (Xinhua/Lan Hongguang)

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