Asia & Austral-Asia

Slow Growth in China Is Good News for U.S. Jobs

For the past 15 years, China’s economy has been booming because of their large manufacturing industry. However, times are shifting and, China is moving away from dependence on exports. Stephen Roach, a senior fellow at Yale University said, “China is changing from a producer model to a consumer model. That’s an enormous opportunity for the …

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Lalamove’s Crowdsourcing Logistics Model Expands in Asia

Lalamove is a logistics company that helps customers transport items from one place to another with the use of a simple app. Customers simply put their needs into Lalamove’s app and then select the local drivers and couriers they want to deliver their items. It brings a whole new dimension to shipping because customers don’t …

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Controversial Nuclear Power Plant Set to Begin Construction in Turkey

Turkey strongly depends on other countries for their energy. Therefore, they want to build a nuclear power plant in Akkuyu, which is in the Turkish province of Mersin. However, several groups object to the power plant because of concerns over the environment, the impact of people living nearby, and radioactive waste disposal. Despite the controversy, …

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Volkswagen Plans to Expand in China with New Factories

Over the next five years, Volkswagen plans to invest $106.3 billion on new fuel-efficient vehicles. This includes a plan for new factories and expansion in China. The automaker wants to be a world leader in economical and ecological vehicles. Volkswagen’s investment is projected between 6 and 7 percent of their revenue between 2015 and 2019. …

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Cotton Production in India Surpasses China’s Output

During the past decade, cotton production in India has experienced exponential growth. According to Commodity Online, output has increased from 15.8 million bales of cotton in 2002 to 40.2 million bales of cotton in 2014. Now, 37 percent of the world’s cotton acreage is in India. That means India has surpassed the cotton production in …

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Former Apple Supply Chain Manager Faces Prison Time for Kickback Scheme

Scandals always make the news, especially when they involve high-profile companies like Apple. In 2010, Apple’s former Global Supply Chain Manager Paul Devine was involved in a conspiracy to sell Apple product details to Asian manufactures. Three years later, he has finally been fined $4.5 million and sentenced to one year in prison for his …

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