Last week, Wokai officially launched its microfinance platform to provide support to rural entrepreneurs in China with a focus on women. The platform which has been in Beta in the last months has already attracted more than 200 contributors!
Definitely an organization to watch.
Wokai Website: Here
Wokai Blog: Here
Not Just Bags & Watches
Not just limited to imitation Louis Vuitton Handbags and Rolex Watches, the “Culture of Fake” in China is soaring in Popularity across a whole spectrum of Consumer Goods.
In tougher economic times when “The Real Thing” is increasingly out of reach of your average Chinese consumer, many are taking to “ShanZhai” (as the culture of fake/imitation goods has been called) products which its proponents insist are “Just as Good”.
Intellectual Property Rights
This will present a large problem for International Brands, who have been looking to enforce their intellectual property rights in China, as these “ShanZhai” brands grow in popularity in their own right.
Will SQNY replace SONY?
Will ADADAS (or ADIDOS) outsell ADIDAS?
Will KFG move more chicken that KFC?
Original Reuters Article: Link Here
More Examples of Funny and Clever “Shanzhai”: ChinaSmack
An Interesting Post about Apples with Chinese Characters “Grown” into them: AaronFu.com
Published 10 November, 2008
Articles , Carbon Management , Environment
Tags: Carbon Source-Carbon Sink, Carbon Trading Framework, CECPA, China, Chinese Carbon Trading, Chinese Ministry of Environment, climate change, Pan Yue
Today, at CECPA in Beijing released details of the research being conducted for China’s Carbon Balance Trading Framework Report. A report that its chairman, Pan Yue, hopes will nudge China on its way towards a Low Carbon Economy, a goal which he describes as a major breakthrough required for China to build an ecological civilisation.
CECPA Press Conference
After carefully looking at the successful experience of leading nations in this field, the project team tasked with this piece of critical research have put forward their recommendation of implementing a “Carbon Source- Carbon Sink” trading system between Chinese provinces. The researchers also suggest that carbon be used as a rigid target for the monitoring, identification and control of economic activity.
Also Reported at: CSR Asia & ChinaCSR
China will experience a mini-revolution come Sunday, as the much anticipated (or dreaded, depending on which side of the fence you’re on) as the National Ban on Free Plastic Bags takes effect.
Though not a world first (Ireland implemented a 12 cent plastic bag tax in August 2002), it is a significant further sign that the Chinese Central Government is taking environmental issues seriously. Also, we should remember that this law (if successful) will reduce the plastic bag consumption of 1.3 Billion people (20% of the world’s population) by mandating that stores charge customers between 0.2 – 2.0 RMB (3 – 30 cents) per plastic bag.
Brits are prepared for it. Retailers like Marks & Spencer have reacted and introduced a 5 pence fee for plastic bags at their supermarkets. Hopefully setting a precedent, as Hong Kong supermarket chain Park ‘n’ Shop did when it started asking shoppers to pay 20 HK cents for plastic bags in November last year.
In Australia, Peter Garret MP (former frontman of the rock band Midnight Oil), a leading proponent of initiatives to reduce plastic bag use in the country seems to have lost federal support for a rumoured national $1 tax on plastic bags. There is however a chance that state governments, might continue exploring a $1 tax as a means of reducing plastic bag use.
As for America, where 100 billion shopping bags are used a year, things do not look optimistic, especially if you believe this WorldWatch spokesman’s claim that “The mentality in America is plastics bags come from plastic bag land. We don’t think about where they come from and where they’re going.”