Rapporteuring in China Summit on 14th December

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    China Summit on 14th December

    Session VII - TRADE AND ECONOMY IN CHINA

    Presenter #1 Somya Barpanda,

    Will the growing Chinese Whispers Find their Voices?

    Chinese Whispers growing silent/subtle protests in the Chinese society Is this subtle way of protest loud enough to be noticed by the authorities ? Especially important to note its development in the single party regime which has

    lasted for more than 60 years

    Maos iron rule and its importance in creating a so-called pliant society and peoplethrough economic stability and shared economic growth

    The rule has been more successful than others around the world in ensuring economicgrowth and slugs in the economy through the party flexibility

    Emergence of silent/subtle protest arts by noted artists like MinJin, Bolin. Theexample of Wei Wei, who was not as subtle and was thus exiled

    Pollution gradually replacing land grabs as the main cause of public dissent The realisation of personal cost of single party rule and if this could grow into a more

    collective and more effective movementyet to be confirmed

    Presenter #2 Anil Kanungo

    Chinas Telecommunications Service Sector and Its Implications for World Economy

    Chinas entry in WTO in 2001 and subsequently agreed measures to be taken byChina for compliance

    Highly restricted service sectorone of the major reasons behind the limited benefitout of the China-world economic interaction

    Implications of Chinese policy on its services and telecom industryo Restrictive entry, geographical restrictions and agglomeration of economic

    activity

    o Poor service quality and high tariffso Inefficient network duplication

    Resulted in quick revenue generation at the cost of price insensitivity and quality ofservice

    Priority of security and sovereignty over customer/price Possible suggestionsemergence of strategic industry, restrictive reforms and

    marginal implementation of WTO commitments

    Comparison with the Chinese manufacturing industry which has been enjoyingprolonged state patronage.

    Presenter #3 Manpreet Sethi

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    Powering Chinas Economic Growth and Social Transformation: Role of Nuclear Energy

    Possibility of nuclear industry to end up powering more than just the economy Repercussions of Fukushimachanges in the demands of the society and Chinese

    rules response

    Balancing social stability against economic growth, i.e., public sentiments against theenergy demands of the people and growing industries

    Why nuclear powerrising demands (both industrial and urban), per capitaconsumption much lower than international levels, environmental implications of

    coal-based power

    Implication of using coal for powertransportation clogging, environmental issues Post-Fukushima responsemore expenditure on safety, formation of Inspection

    Group, looking for public acceptance

    Had to shelf the Uranium processing plant projectfirst such instance in response topublic protests

    Plans of 28 new nuclear power plantsneeds to be looked how it develops in futureand how it deals differently with the public sentiments as compared to democratic rule

    in India

    Possible solutions existing in the party cadre and promotion systeminclusion ofsocial growth in the party mechanism

    Presenter #4 Aravind Yelery

    Dumping Wars and China

    Role of the European buyers in setting the standards of Chinese manufacturingindustries

    Special focus of the paper on the photo-voltaic and ceramics industry Discussion on how it neglected the Chinese traditional ceramic industry Response of the Chinese manufacturersdiversification into new markets, keeping

    available switching market options, upgrading the quality and removing the brand of

    cheap Chinese products

    Presenter #5 Sumit Mitra

    Chinese Business in Africa

    Emergence of Chinese industry in Africamostly manufacturing, though remainsstill low at 5-7% of total exports

    Possibility of vertical integration for industries and firms Puts forward Chinese labor as more efficient and entrepreneurial than African locals Problems faced by the Chinese firms in Africaretention of Chinese workers,

    reliance on expats.

    Western opinion on Chinas role in Africa limited growth of local skills and laborforce, low standard of products, establishing monopoly of Chinese products in the

    African market

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    Presenter #6 Upasana Giri

    Goal of Supremacy: Can Asian Giant India overtake its biggest counterpart China?

    Comparison of Indian and Chinese policies towards Africa Extending the battle between the two Asian giants on African soiltussle to establish

    its industries and FDI into Africa