In normal negotiations, "the last five minutes are the worst," Wuttke said, adding that even if the BIT did not work out, there are still may ways for Europe and China to cooperate, since the two partners have other common interests, such as the WTO and climate change. … [Read more...] about EU business official lauds China’s opening-up
Eu business register
Keith Krach, US undersecretary of state, recently held talks with a delegation with officials in Berlin, where he called Huawei the "backbone of the Chinese Communist Party's surveillance state", adding the world's largest provider of IT equipment posed an "existential threat" to Europe's largest economy. … [Read more...] about Berlin Plans to Back Deutsche Telekom’s China 5G Bid as US Pressures EU in Trade, Tech War – Report
Hanoi (VNA) – As Vietnam is pursuing the twin targets of disease prevention and economic development, the number of new enterprises and those resuming operation has bounced back in recent months. According to the General Statistics Office (GSO), the number of the newly-established firms in November rose by 7.3 percent month-on-month and 6.7 percent year-on-year, while that of the firms reopened increased by 5.4 percent m-o-m and 59.8 percent y-o-y. Of note, the overall capital of new enterprises last month jumped 72 percent against that of the previous month and 103.5 percent against the same month of last year. In the first 11 months of 2020, Vietnam reported nearly 124,300 newly-established enterprises which register a combined capital of 1.878 quadrillion VND (81 billion USD) and employ 970,000 labourers in total, down 1.9 percent in the number of firms, up 19.3 percent in registered capital, and down 14.7 percent in the number of employees year-on-year. In the period, … [Read more...] about Registered capital of new enterprises surge
I was amazed to see how fast this area was growing. Subdivisions were popping up everywhere. We lived south of Ambassador Caffery Parkway, and we knew how congested the traffic is when people are trying to commute to and from work. Once we found out that the new South Bernard Road extension, which was being built at the time, was going to connect to U.S. 90 and decongest that communing traffic, we knew this was going to be a great location. … [Read more...] about How I Got Here with Riché’s Y-Not Stop co-owner Logan Riché: Weather, gas prices affect sales, but ‘our business has grown significantly from last year’
COVID-19 and labor protection The pandemic caused by the novel coronavirus has disproportionately affected daily wage and factory workers in Pakistan as they are not protected by contracts. Labor union leaders believe that exporters benefiting from GSP+ should put in place greater safeguards for workers in emergency situations. … [Read more...] about Are Pakistan’s workers benefiting from EU’s GSP+ scheme?