Soybean imports have increased drastically in recent years to make up for the shortfall in domestic production and meet the ever-growing demand of the domestic market .
Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.
Sunday, 12 January 2014
China: Raising corn output is food for thought
Traditional Chinese dance drama debuts in London
Japan: Alzheimer's disease study under scrutiny
Japan's health ministry is looking into a problem with a multi-million-dollar, state-backed research project on Alzheimer's disease.
Researchers say they have been unable to come up with results due to a large amount of unreliable data gathered from patients across the nation.
The 5-year study known as 'J-ADNI' was launched in 2008 to seek ways to detect Alzheimer's disease early and develop treatments.
38 medical institutions, including the University of Tokyo, took part in the study, the largest of its kind in Japan. The government and other organizations funded the 19-million-dollar project.
The study was aimed at tracking for 3 years more than 500 people with mild cognitive impairment, early-stage Alzheimer's disease patients and other related symptoms.
But researchers in charge of data analysis say they found that the study included at least 80 people who did not meet the study's criteria. These include patients suffering from dementia that was not due to Alzheimer's disease.
Source: NHK
Dollar-yen margin trading volume doubles in '13
The volume of foreign exchange margin trading between the yen and the dollar more than doubled in 2013 from the previous year thanks to the weakening of the Japanese currency against the dollar.
The trading volume in the two currencies swelled by 118.4 percent to about 20.12 million contracts from about 9.21 million contracts, while the volume in other pairs of currency involving the yen slumped, according to Tokyo Financial Exchange data.
The yen-dollar volume grew for the first time in two years, as activity returned from other currency pairs such as the yen and the euro.
The Japan News
China's trade with Japan down 2nd year in row
Chinese officials say their country's global trade volume increased 7.6 percent from the previous year in 2013, topping 4-trillion dollars for the first time, while trade with Japan decreased for a 2nd year in a row.
Chinese customs authorities on Friday released trade figures for last year. Total exports were up 7.9 percent from 2012, totaling 2-trillion 210-billion dollars. Imports amounted to 1-trillion 950-billion dollars, up 7.3 percent.Recovery of the global economy apparently favored China's exports, while stable growth of the domestic economy contributed to fairly high growth of imports.
Trade with Japan, on the other hand, fell 5.1 percent to 312.6-billion dollars, with exports down 0.9 percent to 150.3-billion dollars and imports down 8.7 percent to 162.3-billion dollars.
Source: NHK
Trade with Japan, on the other hand, fell 5.1 percent to 312.6-billion dollars, with exports down 0.9 percent to 150.3-billion dollars and imports down 8.7 percent to 162.3-billion dollars.
Source: NHK
Launch of iOS, Android smartphone rival delayed: NTT Docomo
Japanese mobile operator NTT Docomo said Friday that the launch of a new smartphone operating system to rival Google's Android and Apple's iOS had been pushed back owing to development delays.
The open source offering called Tizen, based on the Linux operating system, is the product of a tie-up between companies from Japan, China, South Korea, Europe and the United States.The consortium that makes up Tizen Association include Docomo, U.S. giant Intel, Japan's Fujitsu, South Korea's Samsung and LG, China's Huawei, and European mobile carriers Vodafone and Orange.
Docomo's president had previously said he hoped the new system would launch by the end of the current fiscal year to March.
But that timeline is being pushed back because Docomo is still "developing products that would maximise the features of the Tizen", company spokesman Jun Otori told AFP.
Source: NewsOnJapan
Docomo's president had previously said he hoped the new system would launch by the end of the current fiscal year to March.
But that timeline is being pushed back because Docomo is still "developing products that would maximise the features of the Tizen", company spokesman Jun Otori told AFP.
Source: NewsOnJapan
Japan: Race to become 'lucky man for 2014'
About 1,500 men tested their running skills at a shrine compound in Nishinomiya, western Japan, in a race to become the "lucky man of the year."
The annual event at Nishinomiya Shrine dates back to the Edo Period and is part of New Year festivities to pray for good business.As soon as the shrine's gates opened to the sound of a drum at 6 AM on Friday, the men dashed the roughly 230 meters across the compound to the main hall.
The winner was a 19-year-old university student from Amagasaki. The second- and third-place runners were also honored as lucky men.
Source: NHK
The winner was a 19-year-old university student from Amagasaki. The second- and third-place runners were also honored as lucky men.
Source: NHK
Japan condemns China fishing curbs; vows to defend islands
Japan on Sunday joined the United States in criticising China's new fishing restrictions in the South China Sea, saying the curbs, coupled with the launch last year of an air defence zone, has left the international community jittery.
Defence Minister Itsunori Onodera made the comment after observing the Japanese Self-Defence Forces' elite airborne brigade conducting airdrop drills designed to hone their skills to defend and retake remote islands.
Earlier on Sunday, Chinese government ships briefly entered what Japan considers its territorial waters near a group of disputed East China Sea islets, in the first such action this year.
"Setting something like this unilaterally as if you are treating your own territorial waters, and imposing certain restrictions on fishing boats is not something that is internationally tolerated," Onodera told reporters.
"I'm afraid not only Japan but the international society as a whole has a concern that China is unilaterally threatening the existing international order" with its new restrictions in the South China Sea and the creation of an air defence identification zone, he said.
The fishing rules, approved by China's southern Hainan province, took effect on January 1 and require foreign fishing vessels to obtain approval to enter disputed waters in the South China Sea, which the local government says are under its jurisdiction.
Washington called the fishing rules "provocative and potentially dangerous", prompting a rebuttal from China's foreign ministry on Friday.
Source: reuters
China's Moon rover, lander wake after lunar night
China's moon rover "Yutu" (Jade Rabbit) and the Chang'e-3 lander have just "woken up" after a period of dormancy that lasted two weeks, or one lunar night, in a move designed to ride out harsh climactic conditions.
Yutu was awakened autonomously at 5:09 a.m. Beijing Time on Saturday and has finished necessary setting procedures and entered a normal working mode following orders from the Beijing Aerospace Control Center (BACC), according to a statement issued by the BACC on Sunday.
It has started its rove around the moon surface and scientific missions.
Chang'e-3 has also been awakened automatically at 8:21 a.m. on Sunday, and is currently in normal condition, the statement said.
One night on the moon lasts about 14 days on Earth, during which the temperature falls below minus 180 celsius and there is no sunlight to provide power to the instruments' solar panels.
"During the lunar night, the lander and the rover were in a power-off condition and the communication with Earth was also cut off," said Zhou Jianliang, chief engineer of the BACC.
"When the night ends, they will be started up with the power provided by sunlight and resume operation and communication according to preset programs," Zhou said.
The awakening of the rover and lander marks the success of Chinese technology in surviving the lunar night, and the center will instruct the two instruments to carry on scheduled exploration missions, the chief engineer added.
Chang'e-3 soft-landed on the moon's Sinus Iridium, or the Bay of Rainbows, on Dec. 14 last year, and Yutu later separated from the lander.
Source: Xinhua
Libye : le vice-ministre de l'industrie a été tué par balle
Le vice-ministre de l'industrie libyen, Hassan Al-Droui, a été tué par balle par des inconnus, samedi 11 janvier au soir dans sa ville de Syrte, à 500 kilomètres au sud-est de Tripoli.
Selon une source anonyme des services de sécurité, « des inconnus armés ont tiré des rafales de balles sur M. Droui, dans le centre de la ville de Syrte ». Une source de l'hôpital Ibn Sina de Syrte a confirmé la mort de M. Droui, affirmant que le responsable libyen avait reçu plusieurs balles dans différentes parties du corps.
Il s'agit du premier assassinat d'un membre du gouvernement de transition, depuis la chute du régime de Mouammar Kadhafi en octobre 2011.
SYRTE, DERNIER BASTION DE KADHAFI
M. Droui était un ancien membre du Conseil national de transition, bras politiquede la rébellion qui a renversé le régime du dictateur déchu. Il avait été nommé vice-ministre de l'industrie par le premier chef de gouvernement de transition, Abdelrahim Al-Kib. Il a été maintenu à son poste par le premier ministre actuel, Ali Zeidan.
M. Droui était originaire de la ville de Syrte, dernier bastion du régime de Mouammar Kadhafi à tomber aux mains des rebelles en 2011.
Depuis la chute du régime kadhafiste, la Libye a été le théâtre de violences et d'assassinats visant notamment des militaires et des responsables des services de sécurité.
Le Monde
China succeeds in first 300-meter saturation dive
China succeeded in its first 300-meter saturation dive in the morning on Jan. 12 as three divers returned safe and sound from deep water to the living chamber on their ship. The diving bell actually reached a depth of 313.5 meters under the South China Sea. Saturation diving technology enables human beings to withstand high water pressure by saturating human tissue with inert gas.
Source: Xinhua
Source: Xinhua
China: Newspaper urges privacy-transparency balance in real-estate registration
A Chinese newspaper article has urged efforts to strike a balance between privacy protection and the public's right to know in establishing the country's real-estate registration system.
"There need to be restrictions on requests for information to protect citizens' privacy. However, any approach that sets excessively strict terms and denies supervision attempts should be avoided," said an article published in the Sunday edition of the Beijing Youth Daily under the byline of the newspaper's commentator Pan Hongqi.
An official announced on Saturday that China will set up a bureau for real estate registration to facilitate property management reform.
Authorities will also form an unified real-estate registration platform and improve information management and inquiry services related to real estate, according to the official.
The newspaper article said real estate generally constitutes the bulk of Chinese citizens' private assets while a unified system will enable information to be obtained about one's assets.
While strict regulation governing information requests may well protect citizens' privacy, it should be possible to ease certain restrictions to facilitate authorities' supervision and the public's right to know when it comes to officials' assets that may involve important public interests, the article said.
The unified registration system will also help with the reporting of officials' personal information, it went on.
The Chinese public has been shocked by cases exposed by whistleblowers about owners of multiple properties such as "Sister House" Gong Ai'ai and "Uncle House" Cai Bin.
Last year, Cai, a former senior police officer, was sentenced to 11 and a half years in prison for bribe-taking after an online post claimed that he has more than 20 houses.
Gong was also sentenced to three years in prison for forging IDs and residency records to purchase houses.
Source: Xinhua
China: Travel rush train ticket sales surge
The China Railway Corporation said on Sunday that an average of 7.43 million train tickets have been sold a day since fares went on sale for the upcoming Spring Festival travel rush, with this figure up 20.3 percent year on year.
According to the corporation, 148.58 million tickets for travel in the 40-day travel rush around the Spring Festival had been sold by Saturday, since these tickets became available on December 23.
Passengers can buy train tickets online or by telephone.
China's official ticket-booking website www.12306.cn had sold 3.59 million train tickets per day up to Saturday, with a growth of 57 percent from a year ago.
The Spring Festival, or China's lunar new year, is the country's most important traditional holiday for family reunions. Most people will go home for the festival, putting great pressure on the country's transportation system.
The coming Spring Festival falls on Jan. 31. This year's travel rush, literally translated as "spring transportation," is expected to last from Jan. 16 to Feb. 24.
People can book tickets for trains 25 days before the travel date via the Internet or telephone, while train stations and train ticket agencies begin to sell the tickets 23 days ahead.
Source: Xinhua
What I wish for Chinese New Year
The Chinese New Year is a time for making wishes. But unlike in the West, the tradition in China seems to have grown increasingly charged with superstition as more Chinese turn to a myriad of deities to grant them better times ahead.
On the first day of the lunar calendar last year, Lama Temple (or Yonghegong) in Beijing drew a crowd of nearly 80,000 who burned joss sticks to seek the blessings of their gods; the figure for the previous Lunar New Year was about 67,000. The turnout could be much higher in a couple of weeks when the nation celebrates Spring Festival.
While explanations abound, I tend to believe feelings of uncertainty or sometimes helplessness, or both, have driven many to deities that are believed to possess magical powers. When I think about my wishes for the nation and myself in the Year of the Horse, I realize some of them look set to happen, but most would require luck and a touch of miracle. Here are my five top hopes.
1: More blue-sky days: In 2013, Beijing saw 58 heavily polluted days with smoggy skies, or almost 16 percent of the year. Urban residents now live in constant fear of smog striking any time again even during lulls of blue skies. While the nation sorely needs to devise a coherent and viable strategy to clear smog, scientists and officials have locked horns over the main causes of the pollution woes.
I pray for a miracle, without which we'll continue to count on strong winds to blow away smog.
2: Safer food: President Xi Jinping's impromptu visit to a Qingfeng Steamed Bun outlet late last month has hugely boosted the reputation of local dishes and renewed people's love affair with traditional dishes. At the restaurant, Xi ordered six pork-stuffed steamed buns, stewed pig liver soup and a plate of vegetables, which have since become one of the most popular set meals in the restaurant chain.
Like many other Chinese consumers who are jittery about frequent food contamination, my family has always tried to avoid cheap, mass-market food. But after Xi ate at Qingfeng, we followed suit and found the eatery clean, and its buns and porridge tasted delicious.
I hope the president's visit marks a new beginning for other local food brands, too.
3: Better working conditions for journalists: Believe it or not, journalism has become one of the most stressful and dangerous jobs in China. Last week, the All-China Journalists Association launched a special fund to compensate journalists who have died or have been injured in the line of duty, with claims ranging from 5,000 yuan ($852.6) to 300,000 yuan.
I wish good luck to colleagues and fellow journalists who risk their health and even lives in the competition to grab headlines and readers' attention.
4: Happier family life with anti-graft campaign: Corruption may have played a significant role in many family break-ups because crooked officials are more likely to be unfaithful to their spouses. Since the end of last year, officials in Nanjing, Jiangsu province, have been asked to answer the question, "Do you desire extra-marital affairs or sex outside marriage?", as a key indicator of corruption.
The ongoing anti-corruption drive has significantly reduced the nightlife and other extra curricular activities of people in power. The latest joke doing the rounds is that the divorce rate could fall as more officials head home after work.
5: Stabilizing housing prices: The continuing frenzied home sales at stratospheric prices surprized both homeowners and property agents last year. In the last five years,home prices have risen by three to four times in Beijing.
While sellers are laughing their way to the bank and buyers are rushing to take the plunge, remember the popular belief that housing prices will only go up is false. Let's pray the market will stabilize soon to avoid a housing bubble, which will have a serious impact on the economy and millions of homeowners when it bursts.
by Bai Ping ChinaDaily
Les Amis de la Syrie pressent l'opposition d'aller à Genève
"La réunion des « Amis de la Syrie », qui regroupe les onze pays occidentaux et arabes soutenant l'opposition syrienne, s'est achevée, dimanche 12 janvier àParis, par un appel à la Coalition nationale syrienne (CNS) à participer à une conférence internationale de paix dont le but est de parvenir à la fin du « régime despotique » de Bachar Al-Assad, selon la déclaration finale adoptée à l'unanimité.
Les ministres des affaires étrangères des onze pays présents ont avant tout vouluadresser un message de soutien à Ahmad Jarba, le président de la CNS, dont le mouvement est divisé sur une participation à des négociations avec des représentants du pouvoir syrien. Les délégués de la CNS doivent décider, vendredi 17 janvier à Istanbul, s'ils se rendent ou non aux à ces pourparlers dont le lancement est prévu en Suisse, le 22 janvier à Montreux.
L'objectif de la réunion de dimanche à Paris, dit-on de source diplomatique, consistait surtout à renforcer l'assise de M. Jarba et à inciter l'opposition à serendre en Suisse pour éviter que le régime de Damas ne fasse porter l'échec de ces négociations à ses adversaires. S'adressant à tous ceux, dans son camp, qui redoutent que l'ouverture de pourparlers ne fera que consolider le pouvoir syrien, M. Jarba a souligné que « nous sommes tous d'accord pour dire qu'il n'y a pas d'avenir pour Bachar Al-Assad et pour sa famille en Syrie. Son départ est inéxorable », a-t-il insisté.
De son côté, Laurent Fabius, le ministre français des affaires étrangères,a condamné les « atrocités perpétuées par le régime contre son peuple » et rappelé que les négociations en Suisse visaient à« faire en sorte que ce régime voit sa fin ».
A cette fin, la déclaration adoptée dimanche a réitéré la finalité des négociations, àsavoir la mise en place « par consentement mutuel d'un gouvernement transitoire doté des pleins pouvoirs exécutifs ». Une façon de répondre au pouvoir syrien qui a déjà indiqué qu'il n'était pas disposé à discuter d'une transition politique. Autrement dit : il n'est pas question de négocier le départ de Bachar Al-Assad. Au point que les autorités syriennes ont fait savoir qu'elles pourraient mêmedemander que soit mis à l'ordre du jour l'organisation d'une élection présidentielle à laquelle participerait M. Al-Assad. Une provocation destinée à torpiller le processus.
Les négociations diplomatiques vont se poursuivre, lundi 13 janvier, à Paris lors d'une série de rencontres entre Laurent Fabius et son homologue américain, John Kerry, avec Sergueï Lavrov, le ministre russe des affaires étrangères, et Lakhdar Brahimi, l'émissaire des Nations unies pour la Syrie".
Le Monde
France: Christiane Taubira lance la réforme de la justice
Rappeler une convocation chez le juge ou demander une pièce justificative par SMS. Favoriser la médiation pour résoudre certains conflits. Jean-Marc Ayrault et Christiane Taubira ont ouvert vendredi, le « débat national sur la justice du XXIe siècle » avec pour objectif de rapprocher la justice des citoyens. Le débat réunissant les acteurs du monde judiciaire s'est terminé samedi et une série de propositions seront discutées dans toutes les juridictions de France, avant derevenir à la chancellerie pour des arbitrages à partir d'avril. Certaines mesures pourraient entrer en vigueur avant l'été.
Cette réforme judiciaire est la plus ambitieuse depuis 1958. Ces dernières années, des modifications successives ont rendu la justice de plus en plus compliquée. Cette fois, nous voulons repenser le système judiciaire dans sa globalité : améliorer son fonctionnement, son efficacité et, finalement, le service rendu au citoyen », déclare la ministre au quotidien.
Christiane Taubira précise que « cela passe aussi bien par un accès facilité à la justice, une meilleure compréhension des décisions et une accélération des procédures ». Elle envisage « un guichet universel qui recueillera toutes les démarches entreprises par le justiciable, quelle que soit la juridiction – civile, sociale, familiale ».
La réforme pourrait passer par une simplification : « Il faut repenser les sites judiciaires. Entre les tribunaux d'instance, de grande instance, les juridictions sociales ou familiales, il y a un effort de lisibilité à faire. » De même, la « réflexion ne porte pas sur la dépénalisation, mais sur la transformation de certains délits en contraventions, afin d'accélérer les procédures ». « J'ai conscience que c'est une question sensible, car certains peuvent croire que le message envoyé est celui de l'indulgence. Il faut en discuter », dit-elle. La ministre précise à ce sujet qu'elle n'exclut pas du débat l'idée d'une « contraventionnalisation de l'usage de stupéfiants » préconisée par l'ancien procureur général près la Cour de cassation, Jean-Louis Nadal, dans un récent rapport.
Xiaomi gets another new convert as Steve Wozniak drops into Beijing HQ
Apple co-founder Steve Wozniak has long since discovered the magic key that helped him escape from Apple’s walled garden. Now he’s free to go anywhere, say anything, and use any device he feels like. Today, Wozniak – aka Woz – dropped into the HQ of Chinese startup phone-maker Xiaomi.
According to former Google and Android VP turned AppleexecutiveHugoBarra, who just posted a photo and some details to his Google+ page Woz is a new convert to their phones. Woz declared that it’s “very emotional for me to be a part of Xiaomi now” – a reference to him using a Xiaomi Mi3 (not working for the ambitious phone-maker).
Barra says that Woz had more advice for those in attendance at Xiaomi’s New Year celebration in Beijing;
Always make sure your products are better than what any other human being could make.
Xiaomi sold 18.7million of its Android-based smartphones in 2013. It operates just in mainland China, Hong Kong, and Taiwan. The firm, founded by serial entrepreneur Lei Jun, will expand to Sigapore next.
Wozniak is staying in Beijing all weekend. He’ll be at the capital’s GeekPark tomorrow, and then he’ll be back at Xiaomi on Sunday for a “dialogue” with Lei Jun in front of invited guests. We’ll be there to hear what the pair have to say.
Source: TECHINASIA
Riportiamo i cervelli italiani a casa
È nata La Fonderia dei Talenti, una piattaforma web per geolocalizzare le professionalità italiane in fuga dall’Italia, ma anche quelle che sono rimaste. Lo scopo? Creare connessioni in tutto il mondo e condividere opportunità di lavoro.
Una fondazione per favorire la circolazione delle professionalità italiane nel mondo. Si chiama La Fonderia dei Talenti (www.lafonderia.org) e, dopo un anno di lavoro, è stata costituita ufficialmente il 25 novembre scorso a Milano. Obiettivo principale della fondazione, nata dall’iniziativa di alcuni cittadini volontari in collaborazione con alcuni membri bipartisan della Camera dei Deputati e che si definisce apolitica, è dare uno slancio alla legge 238/2010, detta del “Controesodo” e volta a incentivare il rientro dei cervelli in fuga dal Bel Paese.
Come accedervi - Lorenzo Pompei, General Manager della fondazione, ci spiega come iniziare a utilizzare il servizio: “Prima di tutto ci si registra sulla piattaforma, in un secondo momento si geolocalizza la propria posizione, si completa il proprio profilo inserendo i propri dati e le proprie competenze professionali e infine si esplicitano le opportunità che si stanno cercando o che si vogliono offrire (lavoro, stage, idee di business, finanziamenti). Da questo momento possiamo visualizzare domande e offerte degli altri utenti del sito (la ricerca si può effettuare anche tramite parole chiave come il Paese o le skill) e scoprire se c’è qualcosa che fa al caso nostro”.
Il servizio è accessibile sia alle persone fisiche (senza limitazioni di nessun genere) che alle persone giuridiche (ovvero alle aziende la cui registrazione deve però essere approvata dalla fondazione) ed è completamente gratuito per l’utente, ma è anche a costo zero per lo Stato in quanto la fondazione si finanza tramite sponsor. È il caso di Microsoft Italy che ha messo a disposizione ad esempio il software delle mappe Bing o di Unicredit che ha finanziato una parte di progetto. “La piattaforma è no profit e a stampo professionale. Finora si sono registrati al sito 500 utenti e anch’io la uso spesso senza nessuna remora tutte le volte che ne ho bisogno per il mio lavoro” – chiosa Lorenzo Pompei.
Perché utilizzarla – Se lo scopo iniziale e principale della fondazione è dunque quello di geolocalizzare le professionalità italiane nel mondo e metterle al servizio del sistema economico italiano, al suo interno si sono sviluppate anche altre molteplici possibilità: La Fonderia dei Talenti può essere utile a chi si trova all’estero e vorrebbe tornare in Italia, ma anche viceversa; a chi si trova all’estero e non vuole tornare ma è comunque interessato a finanziare start-up in Italia, offrire consulenze o possibilità di stage; a chi lavora in Italia ma cerca collaborazioni, dipendenti, partner all’estero. “Attraverso la fonderia vogliamo creare reti e sinergie per facilitare la circolazione dei talenti e contribuire al sistema Paese favorendo anche la diffusione di concetti e buone pratiche che all’estero prevalgono più che in Italia (vedi la meritocrazia)”. La piattaforma della Fonderia dei Talenti è connessa con Facebook, Twitter, Linkedin e collabora con ITalents, un’associazione che si occupa di realizzare indagini conoscitive sui talenti italiani nel mondo, e con Controesodo-Talenti in movimento, un progetto parlamentare che lavora su proposte bipartisan per favorire la circolazione dei talenti.
Kongnews
Il servizio è accessibile sia alle persone fisiche (senza limitazioni di nessun genere) che alle persone giuridiche (ovvero alle aziende la cui registrazione deve però essere approvata dalla fondazione) ed è completamente gratuito per l’utente, ma è anche a costo zero per lo Stato in quanto la fondazione si finanza tramite sponsor. È il caso di Microsoft Italy che ha messo a disposizione ad esempio il software delle mappe Bing o di Unicredit che ha finanziato una parte di progetto. “La piattaforma è no profit e a stampo professionale. Finora si sono registrati al sito 500 utenti e anch’io la uso spesso senza nessuna remora tutte le volte che ne ho bisogno per il mio lavoro” – chiosa Lorenzo Pompei.