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#China

1.3K posts744 participants68 posts today

That's Late Stage Capitalism - China Style ->

"China still dominates shoe production, but its share of global exports has slipped by 10 percentage points over the past decade, with much of that going to rival hubs like Vietnam and Indonesia, according to the Yearbook.

Zhou’s plant now employs fewer than 20 workers. “The future is bleak and hopeless if we continue like this,” says Zhou from his showroom in a mostly empty wholesale market in a Guangzhou suburb focused on international trade. “It would be difficult to return to how it was before.”

Factories across China at the low-end of manufacturing are facing the same dilemma — either they invest in automation that shrinks the number of jobs, or they slowly wither away.

The result, in the view of researchers and economists, is a painful shift away from low-cost, labour-intensive production that could leave millions of older, lower skilled workers in the lurch.

Analysis of 12 labour-intensive manufacturing industries between 2011 and 2019 by academics at Changzhou University, Yancheng Teachers University and Henan University found that average employment shrank by roughly 14 per cent, or nearly 4mn roles, between 2011 and 2019. Roles in the textile industry shrank 40 per cent over the period.

An FT analysis of the same 12 sectors between 2019 and 2023 found a further decline of 3.4mn jobs."

ft.com/content/7640fe64-006a-4

Via the #FinancialTimes - Apr 14, 2025

The #EuropeanCommission is issuing #BurnerPhones and basic laptops to some US-bound staff to avoid the risk of #espionage, a measure traditionally reserved for trips to #China.

Commissioners and senior officials travelling to the #IMF and #WorldBank spring meetings next week have been given the new guidance, according to four people familiar with the situation.

ft.com/content/20d0678a-41b2-4

Financial Times · EU issues US-bound staff with burner phones over spying fearsBy Andy Bounds

Good afternoon. It's 1PM, Monday, 14th April. The headlines: At least 34 people, among them two children, have died in Russian attacks on Sumy, with 117 injured. Rory McIlroy wins the #Masters to secure a career Grand Slam. Katy Perry will be part of Blue Origin's first all-women space mission. #China's President Xi is touring South East Asia, while #Ukraine's Zelensky has invited Donald #Trump to visit. Meta, Facebook's parent firm, is bracing for an FTC antitrust legal challenge. #BBC #News

#Trump says U.S. may buy ‘top-of-the-line’ ships from ‘close’ countries such as South #Korea.

“National Security Adviser Mike Waltz noted that #China’s shipyards received 1,700 shipbuilding orders last year, whereas American shipyards got only five.

“Under your leadership, like so many other industries, we are going to revitalize and make shipbuilding and maritime (industry) great again,”

koreatimesus.com/trump-says-u-

www.koreatimesus.comTrump says U.S. may buy ‘top-of-the-line’ ships from ‘close’ countries – The Korea Times

Well, well, an Italian "family"-run company is buying 43 ports from the Chinese company that owns the 2 ports on the Panama Canal.

Blackrock will control those 2 ports with the Italian family company owning a large minority share.

Blackrock actually has a large minority stake in the Italian family company, too, along with a company in Singapore.

I guess now we don't have to go to war with Panama? 😄

#Panama #USA #China #Italy

bloomberg.com/news/articles/20

Was sagt Ihnen die Philosophie des Daoismus?

Neben dem Konfuzianismus und dem Buddhismus ist der Daoismus eine der drei Lehren des altchinesischen Denkens. Der Dichter und Philosoph Zhuangzi war einer der wichtigsten Vertreter. Was hat er uns im Hier und Heute zu sagen?

Sendehinweis: Das philosophische Radio | 14. April 2025, 19.04 - 20.00 Uhr | WDR 5

www1.wdr.de/radio/wdr5/sendung

#dao
#tao
#meditation
#entspannung
#philosophie
#china

www1.wdr.deWas sagt Ihnen die Philosophie des Daoismus?Neben dem Konfuzianismus und dem Buddhismus ist der Daoismus eine der drei Lehren des altchinesischen Denkens. Der Dichter und Philosoph Zhuangzi war einer der wichtigsten Vertreter. Was hat er uns im Hier und Heute zu sagen?