Global Geopolitics Net Sites – Global Intel Net
Tuesday, November 04, 2008
Copyright © B. Raman – Chennai Center for China Studies
www.c3sindia.org
B.RAMAN
( What will be the impact of the global financial and economic melt-down on the Chinese economy? This question should be of interest to the other countries of the South and the South-East Asian region. If the Chinese economy is badly affected, they too are likely to feel the negative consequences of the down-turn in the Chinese economy. Keeping this in view, we have been bringing out a periodic “Chinese Economy Monitor” based on open information. This is the third in the series—B. Raman)
CONFIDENCE IN THE ECONOMY, THE NEED OF THE HOUR, SAYS WEN
Summing up the discussions at the Asia-Europe Meeting Summit held in Beijing, Prime Minister Wen Jiabao told the media on October 24, 2008, as follows: “We will discuss with world leaders on measures to cope with the financial crisis in a pragmatic and cooperative manner.I think what we should do to cope with the crisis can be summarized as confidence, cooperation and responsibility.We are very glad to see that many countries have taken measures that have initially proved effective. But this is not enough given the current situation, and more needs to be done.The stability of financial market is key to stabilizing the whole economy. The first important message that the two-day summit has conveyed is firm confidence, and I think confidence is the source of power to overcome difficulties.”
—- Source Xinhua
[Read more...]

TRADE-SOUTHERN AFRICA: The Deal’s Signed But Where’s The Action?
Global Geopolitics – Global News Blog – Global Analyst Online – IPS
Friday, September 12, 2008
All rights reserved, IPS – Inter Press Service, 2008.
Stanley Kwenda
HARARE, Sep 12 (IPS) – Cross-border trader Florence Tjani is sceptical about the free trade agreement (FTA) recently signed by southern African states.
‘‘The problem is that our leaders just sign these agreements and it ends there. The only countries that seem to be implementing free trade agreements are Zambia and Mozambique. They at least allow people to trade freely.
‘‘In Zimbabwe and South Africa you need a lot of papers simply to do business. Why can’t we be like ECOWAS (Economic Community of West African States) which allows citizens to do business without any hassles?” asked Tjani, who originally hails from Ghana in West Africa. She owns a clothing and personal care shop in Harare.
The Southern African Development Community (SADC) signed the FTA last month. Despite it being a long time in the making, the signatories seemed not to have put in place the necessary mechanisms to make the FTA a reality yet.
Many informal traders, most of whom are women, are not aware of the development. Tjani read about the signing of the FTA in the newspaper but is yet to experience the benefits of such an agreement, she told IPS.
[Read more...]