Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Thursday, May 2, 2013

China’s trial of the century

Bo Xilai and Gu Kailai affair may only be a prologue, because the only clear truth to emerge from it is that the Party leadership is fractured

The trial, conviction, and suspended death sentence of Gu Kailai, the wife of purged Chinese leader Bo Xilai, has called into question not only China’s legal system, but the very unity of the Communist Party leadership.

Let us begin with the many questions raised at the trial. For starters, Gu claimed that she killed the British businessman Neil Heywood only to protect her son. But, given Gu’s power as Bo’s wife, she could have had someone like Heywood jailed or expelled from China at the snap of her fingers. No need for cyanide. Still, she not only admitted her guilt, but seemed to embrace it as a sort of historical necessity. “In order to uphold the sanctity of the law,” she told the court, “I am willing to accept and calmly face whatever judgment I am given, and I also expect a fair and just judgment.” Not since Stalin’s show trials of the 1930’s has a defendant so effusively praised a judge who seemed bound to condemn her at a trial where no witness or evidence against her was presented. The bitter irony of Gu’s high-speed trial is that she was a true believer in China’s legal system.

Indeed, Gu was an avatar of the Maoist form of legality that China has maintained long after Mao’s death. Having failed the entrance examination to Peking University, Gu was nonetheless granted an exception and admitted to read law soon after the Communist Party restored the law departments. Prior to that, she sold pork in a Beijing market, where she earned the nicknamed, “Yi dao zhun,” meaning that she could hack off a desired slice of meat with one blow.

Gu was one of the first lawyers to receive her license. But, with the Tiananmen Square incident of 1989, the authorities clamped down on the profession’s autonomy. The Party reasserted control over every aspect of justice through a core department: the Communist Party Central Committee’s Political and Legal Affairs Committee (PLAC). This totalitarian organ has no known address, yet it manages China’s police, prosecutors, courts, and justice ministry, and appoints their leadership. All lawyers fall under its remit. Most important, all local PLAC secretaries simultaneously lead the local public-security bureau. Small wonder, then, that the artist Ai Weiwei could be detained in secret, Liu Xiaobo could be sentenced to 11 years in prison for starting a petition, and Li Wangya could “commit suicide” while in custody. But even this monolithic system of control is porous. Had Wang Lijun, the former Chongqing police commissioner and close ally of Bo Xilai, not feared for his life and fled to the United States’ consulate in Chengdu, Gu would still be helping Bo to rule the city.

Wang is no saint. Before he became Bo’s police commissioner, he was the director of the Field Psychology Research Center, where the condemned were executed and their live organs removed. Wang’s paper, “A Study of Organ and Receptor Transplantation after Execution by Injection,” earned him the Guanghua Innovation Contribution Award. In the paper, he credits “our achievements” to the “thousands of transplantations.” Given his familiarity with the brutality of the Chinese system, Wang no doubt understood that, after falling out with Gu and Bo, the US consulate might be the only place he could find safety. After all, when it came to the public-security organs, the courts, and the prison system, Gu always had the final say. She acted as her husband’s adviser for cracking down on crime and corruption, and was responsible for sending two people – including the PLAC secretary in Wushan County – to prison.

In fact, a few days after killing Heywood, Gu donned a major general’s uniform (which could have belonged to her father, General Gu Jingsheng), convened police officers in Chongqing, and falsely claimed that she had received a secret order from the Ministry of Public Security to protect Wang’s personal safety. The uniform, perhaps, was intended to intimidate the Chongqing police.

Read more.....

Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
 
For More IIPM Info, Visit below mentioned IIPM articles
 
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year

Monday, February 11, 2013

‘‘Japanese domestic market has reached to near saturation”

Satobumi Taguchi, Deputy General Manager (Paper Trade Dept.), Overseas Division, Nippon Paper Group, Japan, talks to B&E’s Gyanendra Kumar Kashyap & Ashutosh Harbola about Nippon’s vision 2015 and its overseas expansion.

B&E: What prompted Nippon to integrate four mills in the Hokkaido region? Is it about improving the cooperative structure or just a strategic move?
(ST):
Well at present, there are four plants, and Nippon Paper Industries decided to integrate three mills, namely Asahikawa Mill, Yufutsu Mill and Shiraoi Mill operated by the company in the Hokkaido area.There was only one manager who was managing the whole facility at the respective plants. Subsequently, it became a problem as we had to focus on different plants, too. And through this integration move, the managers now can share information between each other. In addition, it’s becoming profitable for us and we are certainly leveraging from it.

B&E : In 2008-2009, there was a drop in demand of paper coupled by digital documentation. How will the paper industry cope it?
(ST):
The market is shifting from the holistic music players to scratch iPod or iPad. However, the best part for Japan is that the economical condition is slightly better than the general ones. The import paper also comes to Japan. That’s why Microelectronics Technology Inc. (MTI) has a holding and this trend can’t stop. Our goal is to move beyond domestic market by 2015. Despite having a big market outside, the domestic demand was not there earlier. We want to expand our overseas plans, and India is certainly the high growth potential market. Unfortunately, there are not many manufacturers of paper from small to medium market.

B&E: What is your 2015 vision and what figures are you looking to boost your business?
(ST):
The Japanese domestic market is near stauration. Our main focus will be to become one of the top five players in the global pulp and paper industry by accelerating our overseas business development to achieve growth. Also, we would aim at 30% of our revenues coming from the overseas market compared to the present 10% level.

B&E: What kind of investments are you looking outside Japan?
(ST):
We have already spread our wings in Australia, China and Taiwan. As far as India is concerned, we do not have any expansion plans right now, but within a year or two we look forward to expand our business. India is an important market for us, it is a high potential growth market. In addition, it is one of the fastest growing market and has a lot of potential and the paper domain is very strong here. There are not many producers, but the demand is comparatively high.

B&E: Do you have any plans to tie up with the local players like the Savant group to enter in the Indian market?
(ST):
Looking at the current industry dynamics in India, tieups would certainly make a lot of sense. And lots of debates are going on the issue. But to cater to the needs of Indian market and to be counted amongst the formiddable players in the growing Indian market, we will have to think of partnering with local players sooner or later.

B&E: Digital process outsourcing are digital in nature. Don’t you feel such processes are a threat to the paper and pulp industry?
(ST):
The use of such process is increasing among the business fraternity. But you need a leaf of paper as a proof of any document and that’s where you take a print for the same. Globally, numbers show a rise in the consumption of paper, even when there are CD-ROM and hard disc. So, I won’t consider it as a possible threat.


Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

Wednesday, November 7, 2012

Maddening déjà vu

Mr. Chidambaram faces stark choices all over again

As Dalal Street – along with many other streets from Tokyo to New York – started behaving like a new jet aircraft whose pilot has lost control, one couldn’t but help wondering about the days in mid 1990s when the C. R. Bhansali scam had put paid to the hopes raised by Mr. P. Chidambaram as Finance Minister. The stock market scam then was also associated with two things. First, it was tantalisingly close to and linked with the East Asian melt down of 1997. Second, elections were in the horizon and Mr. Chidambaram threw fiscal caution to the winds by announcing huge Fifth Pay Commission hikes for government servants. Back then, the US economy was still not as profligate a borrower as it is today. Nor were China, Russia, Iran and Venezuela swimming in dollars.

It is 2008 now and there is a strong sense of déjà vu. Stock markets around the world – particularly in Asia – have been tumbling like nine pins on fears of a recession in the US economy. India is no exception except the fact that the economy and Dalal Street are far more integrated with global financial markets than they were in 1997. It will probably be a matter of time before the latest Indian stock market scam is unveiled.


Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
 
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….

IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global

Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail

IIPM Links  
IIPM : The B-School with a Human Face

Friday, October 12, 2012

Recession hits the World Bank :-)

Who would’ve thought that the Third World would get to see this day

Damn the recession! One can’t even keep quasi-nationalist and snobbish institutions insulated from the pungent smell of the Third World. Look at what’s going on at poor IMF and World Bank, two institutions who in the past have not only ensured that power and policy is dictated by the western world, but have also ignominiously had their own policies initiating economic crises in various parts of the world. The pretty poor World Bank is planning to introduce some changes in their constitution. In the new set up, emerging economies will get a bigger say in policy and decision making. And how did this doe-eyed garbled monster end up accepting such a huge ego destruction? Look no further than its prettier, and now much poorer cousin IMF.

Surprise surprise, the IMF is now eyeing countries like China, Brazil, Gulf countries, South East Asian countries and India to get some ‘funds’. Though Japan, which has been hit hard by global meltdown, continues to fork out large amounts of money for the IMF and World Bank (Recently, the Japanese government donated a gigantic $100 billion to the IMF), economists say the IMF would still need a minimum of $500 billion to start its ‘good work’ for battered economies globally.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

 
IIPM : The B-School with a Human Face

Tuesday, October 9, 2012

The undergrad!The undergrad!

China calls Obama that, and more

The first cut was when President Obama compared communism (read obliquely, ‘China’) with fascism and America’s hard struggle to fight against communists in his inaugural speech, saying, “Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions”; and the second was when Timothy Geithner, newly selected Treasury Secretary of Obama’s administration, made strong comments and accusations targeting China as the ‘currency manipulator’. Unfortunately, at a time when both countries desperately need to strengthen relations to work together amidst the deep unending crisis, this seems to have a very wrong signal ahead of them. Looking at the past, US has been soft on China. Even on the currency issue, Hank Paulson, former Treasury Secretary, despite making continuous visits to China, all but failed to send a strong message to China on revaluation. Although the American government comes up with a list of currency manipulators every six months – and US negotiates with them strictly for a fair currency mechanism – Bush cryptically never put the name of China on that list. China has also been taking advantage of its controlled rate strategy to devalue its currency against the dollar in a bid to boost its exports at the cost of American manufacturers.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

 
IIPM : The B-School with a Human Face