Jonathan Cooley
CEO, CFO, Investment Banker, College Professor...a varied career in industries in Asia, Europe, the US. Focusing now on Operations and Marketing in Asia.
World Bank, China May Cooperate to Transfer Manufacturing Jobs to Africa. The World Bank is in “very early stage” talks on cooperating with China to promote the transfer of low-value manufacturing jobs from the nation to Africa, said Robert Zoellick, head of the Washington-based lender.
An expected end to the expansion of China’s labor force and the government’s push for domestic companies to move up the value chain could help shift jobs that would boost employment in sub-Saharan Africa and North Africa, Zoellick said at a briefing in Beijing today at the end of a five-day visit. China’s three-decade-old, one-child policy may accelerate declines in the workforce, forcing companies to upgrade to higher-value products. The pool of 15 to 24-year-olds, a mainstay for factories making cheap clothes, toys and electronics, will fall by almost 62 million people in the 15 years through 2025, according to United Nations projections.
Trade Tensions With China Are Flaring Again. Peter Parks/Agence France-Presse — Getty Images Chinese workers assembling solar panels.
Five separate issues — involving auto parts, cars, solar panels, anti-subsidy laws and metals — are the subject of separate initiatives by American officials, European officials or both.
Getting started.