Empty Shell No More: China's Growing Footprint in Central and Eastern
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World Steel in Figures 2017 Table of Contents Foreword
WORLD STEEL IN FIGURES 2017 TABLE OF CONTENTS FOREWORD Foreword ...........................................................................................3 This year we are celebrating our 50th anniversary but of course this Celebrating 50 years of the World Steel Association ............................4 publication will largely report on last year 2016. Much has changed in 50 years – back in 1967, the world produced just less than 500 million CRUDE STEEL PRODUCTION tonnes of steel. In 2016, the world produced just over 1,600 million World crude steel production, 1950 to 2016 ........................................7 tonnes. Most of the growth came from new industrialising nations – Top steelmakers, 2016........................................................................8 Brazil, China, India, Iran and Mexico. Major steel-producing countries, 2015 and 2016 .................................9 Steel as a product is so versatile and fundamental to our lives that it is Crude steel production by process, 2016 .......................................... 10 considered essential to economic growth. Consequently, for most of the Continuously-cast steel output, 2014 to 2016 ����������������������������������� 11 past 50 years, the world has been producing increasingly more steel Monthly crude steel production, 2013 to 2016 ����������������������������������� 12 and sometimes more than was actually required – while at the same time, making the product universally affordable and promoting intense STEEL USE competition between its producers. Steel production and use: geographical distribution, 2006 ................. 14 In the global markets we operate in, fierce competition for trade will Steel production and use: geographical distribution, 2016 ................. 15 remain, with the present push to protect domestic markets probably Apparent steel use, 2010 to 2016...................................................... 16 continuing for the next few years. But we believe that it is crucial for Apparent steel use per capita, 2010 to 2016 .................................... -
Latvia by Juris Dreifelds
Latvia by Juris Dreifelds Capital: Riga Population: 2.1 million GNI/capita, PPP: US$19,090 Source: The data above are drawn from the World Bank’sWorld Development Indicators 2013. Nations in Transit Ratings and Averaged Scores 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Electoral Process 1.75 1.75 1.75 2.00 2.00 2.00 2.00 1.75 1.75 1.75 Civil Society 2.00 1.75 1.75 1.75 1.75 1.75 1.75 1.75 1.75 1.75 Independent Media 1.50 1.50 1.50 1.50 1.75 1.75 1.75 1.75 1.75 1.75 Governance* 2.25 n/a n/a n/a n/a n/a n/a n/a n/a n/a National Democratic Governance n/a 2.25 2.00 2.00 2.00 2.50 2.50 2.25 2.25 2.25 Local Democratic Governance n/a 2.50 2.50 2.50 2.25 2.25 2.25 2.25 2.25 2.25 Judicial Framework and Independence 2.00 1.75 1.75 1.75 1.75 1.75 1.75 1.75 1.75 1.75 Corruption 3.50 3.50 3.25 3.00 3.00 3.25 3.25 3.50 3.25 3.00 Democracy Score 2.17 2.14 2.07 2.07 2.07 2.18 2.18 2.14 2.11 2.07 * Starting with the 2005 edition, Freedom House introduced separate analysis and ratings for national democratic governance and local democratic governance to provide readers with more detailed and nuanced analysis of these two important subjects. -
World Steel Market
Confidential For the particpants. World Steel Market May, 2017 0 Confidential Introduction of NSSMC 1 Confidential Corporate History CY1857 CY1897 Japan’s first blast furnace went Sumitomo Cooper Plant was into Operation at Kamaishi. established. <Corporate’s inauguration> CY1901 CY1912 The state-owned Yawata Steel Japan’s first private company Works began operation. started manufacturing cold- CY1970 drawn seamless steel pipes. Yawata Iron & Steel and Fuji CY1949 Iron & Steel merged to from Shin-Fuso Metal Industries, Ltd. Nippon Steel Corporation. been established. <Corporate’s foundation> CY2002 Announced alliances among NSC and SMI, Kobe Steel CY2011 Agreed to commence consideration of merger October 1, 2012 2 Confidential Overview of NSSMC NIPPON STEEL & SUMITOMO METAL CORPORATION Trade Name “NSSMC” Representative Director, Chairman and CEO Shoji MUNEOKA Representative Representative Director, President and COO Hiroshi TOMONO L o c a t i o n of H e a d O f f i c e Chiyoda-ku, Tokyo, Japan Foundation Day October 1, 2012 Steelmaking and steel fabrication / Engineering / B u s i n e s s Chemicals / New materials / System solutions Stated Capital 419.5 bn yen Fiscal Year End March 31 3 Confidential The World Top-Ten Players by Crude Steel Production unit:millions of tonnes 2002 2007 2011 2014 2015 vs 2013 vs 2014 1 Arcelor (EU) 44 1 ArcelorMittal (EU) 116 1 ArcelorMittal (EU) 97 1 ArcelorMittal (EU) 98 +2% → 1 ArcelorMittal (EU) 97 -1% 2 LNM Group (EU) 35 2 Nippon Steel (JPN) 36 2 Hebei Group (CHN) 44 2 NSSMC (JPN) 49 -2% ↑ 2 Hesteel -
金 蝶 國 際 軟 件 集 團 有 限 公 司 (Incorporated in the Cayman Islands with Limited Liability) (Stock Code: 268)
KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED 金 蝶 國 際 軟 件 集 團 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 268) ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2019 AND PAYMENT OF FINAL DIVIDEND OUT OF SHARE PREMIUM ACCOUNT The board (the “Board”) of directors (the “Directors”) of Kingdee International Software Group Company Limited (“Kingdee International” or the “Company”) is pleased to announce the audited consolidated results of the Company and its subsidiaries (the “Group”) for the year ended 31 December 2019, together with the comparative audited consolidated figures for the year ended 31 December 2018 are as follows: Financial highlights for the year ended 31 December 2019 - Revenue increased by approximately 18.4% compared with 2018 to approximately RMB3,325,590,000. - Profit attributable to owners of the Company decreased by approximately 9.6% compared with 2018 to approximately RMB372,580,000. - Net cash generated from operating activities increased by approximately 6.3% compared with 2018 to approximately RMB962,927,000. - Basic earnings per share attributable to owners of the Company during the year decreased by approximately 12.7% to approximately RMB 11.52 cents (2018: RMB13.19 cents). -
Relations of the Catholic Church and the Government of the Republic of Lithuania Relations During the Crisis of Covid-19: Partnership Or Dispute?
KAUNAS UNIVERSITY OF TECHNOLOGY FACULTY OF SOCIAL SCIENCES, ARTS AND HUMANITIES RESEARCH GROUP - CIVIL SOCIETY AND SUSTAINABILITY Audris Narbutas Relations of the Catholic Church and the Government of the Republic of Lithuania relations during the Crisis of Covid-19: partnership or dispute? Kaunas, 2021 Audris Narbutas received a Bachelor and Master degrees from Vilnius University (Institute of International Relations and Political Science) He is a student of PhD Programme in Political Sciences, which is carried out at Kaunas University of Technology. Among his scientific interests are comparative politics, religious liberty, natural law and electoral behavior. Introduction The religious liberty is one of the most profound and fundamental deep freedoms in the West World. The vast majority of the modern democracies recognize the people’s right to worship God according to the particular traditions and norms of the different religious communities. The state of Lithuania belongs to this family of democracies where the religious liberty plays a significant role in the legal system of the Lithuania. The rights to express and practice each one’s faith are established in the Article 26 of the Constitution of the Republic of Lithuania1 and in the bilateral treaties with the Holy See. Moreover, Lithuania approved the Law on Religious Communities and Associations, which purpose is to establish the legal relations between the different religious communities and associations and the State of Lithuania, Besides, It is an attempt to implement the human -
State of Populism in Europe
2018 State of Populism in Europe The past few years have seen a surge in the public support of populist, Eurosceptical and radical parties throughout almost the entire European Union. In several countries, their popularity matches or even exceeds the level of public support of the centre-left. Even though the centre-left parties, think tanks and researchers are aware of this challenge, there is still more OF POPULISM IN EUROPE – 2018 STATE that could be done in this fi eld. There is occasional research on individual populist parties in some countries, but there is no regular overview – updated every year – how the popularity of populist parties changes in the EU Member States, where new parties appear and old ones disappear. That is the reason why FEPS and Policy Solutions have launched this series of yearbooks, entitled “State of Populism in Europe”. *** FEPS is the fi rst progressive political foundation established at the European level. Created in 2007 and co-fi nanced by the European Parliament, it aims at establishing an intellectual crossroad between social democracy and the European project. Policy Solutions is a progressive political research institute based in Budapest. Among the pre-eminent areas of its research are the investigation of how the quality of democracy evolves, the analysis of factors driving populism, and election research. Contributors : Tamás BOROS, Maria FREITAS, Gergely LAKI, Ernst STETTER STATE OF POPULISM Tamás BOROS IN EUROPE Maria FREITAS • This book is edited by FEPS with the fi nancial support of the European -
The Nature and Performance of China's State-Owned Enterprises
The Nature and Performance of China's State-owned Enterprises Paul C. Hubbard Submitted in fulfilment of the requirements for the degree of Doctor of Philosophy of the Australian National University November 2018 ii Candidate's Declaration This thesis contains no material which has been accepted for the award of any other degree or diploma in any university. To the best of the author’s knowledge, it contains no material previously published or written by another person, except where due reference is made in the text. Paul C. Hubbard Date: 11 November 2018 Paul C. Hubbard The Nature and Performance of China's State-owned Enterprises iii Acknowledgements This thesis is the main publication from three years I spent as a Sir Roland Wilson Scholar at The Australian National University, from 2014–2017. The scholarship, jointly funded by the Commonwealth and the Sir Roland Wilson Foundation, supported my leave from the Department of the Treasury. My research proposal concerning the role of China’s state-owned enterprises combined my longstanding interest in China with what was then an emerging public policy issue in Australia – how to understand the ever-increasing wave of Chinese investment coming to Australia. In some ways this was an echo of Sir Roland’s own scholarship, doctoral investigation of capital imports and the terms of trade (Wilson, 1931). I particularly thank Lauren Bartsch, Bruce Chapman, Jenny Corbett, Ted Crook, Melanie Fischer, Ken Henry, Martin Parkinson, Steve Sedgwick, Joan Uhr, Michael Wesley, and others associated with the Sir Roland Wilson Foundation, and especially my fellow Sir Roland Wilson PhD Scholars. -
If You Want to Get Rich, First Build a Road
If you want to get rich, first build a road A study on Chinese trade network building in Eurasia Marcus Syk Supervisor: Fredrik Sjöholm Department of Economics, Lund University NEKH01, Bachelor’s Thesis May 2018 Abstract This paper examines the effect of Chinese OFDI on China’s bilateral trade with affected countries, to investigate the possible build-up of a Eurasian China-centric trade network. The main contribution of the paper is to have combined economics, war theory and geopolitics to analyse and produce a theoretical framework for it. Whereas there is a lack of consensus on the effect of FDI on trade in general, this study suggests that the influence of the CCP over the Chinese economy allows the party to use Chinese OFDI for its own interests. Furthermore, trade has become a vital interest to the CCP. Another problem for the CCP is the increasing geopolitical tension with primarily USA. According to this paper, the formation of a China- centred trade network would help the Chinese domestic economic situation, increase Chinese influence in Asia and increase the economic resilience of China. All this would help address the aforementioned concerns facing the party. This was tested empirically using a modified version of the gravity model of trade. The result was in line with the theoretical prediction but not in line with the prediction of the gravity model. This could not be explained but was still taken to support the theory, thus opening for future studies on the subject. Keywords: OFDI, trade, China, Belt and Road Initiative, China-centric trade network Acknowledgments Warm thanks are in due place to all the people who have helped with the composing of this mediocre piece of academic work. -
Turning the Tide on Dirty Money Why the World’S Democracies Need a Global Kleptocracy Initiative
GETTY IMAGES Turning the Tide on Dirty Money Why the World’s Democracies Need a Global Kleptocracy Initiative By Trevor Sutton and Ben Judah February 2021 WWW.AMERICANPROGRESS.ORG Contents 1 Preface 3 Introduction and summary 6 How dirty money went global and why efforts to stop it have failed 10 Why illicit finance and kleptocracy are a threat to global democracy and should be a foreign policy priority 13 The case for optimism: Why democracies have a structural advantage against kleptocracy 18 How to harden democratic defenses against kleptocracy: Key principles and areas for improvement 21 Recommendations 28 Conclusion 29 Corruption and kleptocracy: Key definitions and concepts 31 About the authors and acknowledgments 32 Endnotes Preface Transparency and honest government are the lifeblood of democracy. Trust in democratic institutions depends on the integrity of public servants, who are expected to put the common good before their own interests and faithfully observe the law. When officials violate that duty, democracy is at risk. No country is immune to corruption. As representatives of three important democratic societies—the United States, the European Union, and the United Kingdom—we recognize that corruption is an affront to our shared values, one that threatens the resiliency and cohesion of democratic governments around the globe and undermines the relationship between the state and its citizens. For that reason, we welcome the central recommendation of this report that the world’s democracies should work together to increase transparency in the global economy and limit the pernicious influence of corruption, kleptocracy, and illicit finance on democratic institutions. -
Chinese Sharp Power Are Political and Economic Elites (“Elite Capture”); Media and Public Opinion; and Civil Society, Grassroots, and Academia
A Macdonald-Laurier Institute Publication THE HARD EDGE OF SHARP POWER Understanding China’s Influence Operations Abroad J. Michael Cole October 2018 Board of Directors CHAIR Richard Fadden Pierre Casgrain Former National Security Advisor to the Prime Minister, Director and Corporate Secretary, Ottawa Casgrain & Company Limited, Montreal Brian Flemming VICE-CHAIR International lawyer, writer, and policy advisor, Halifax Laura Jones Robert Fulford Executive Vice-President of the Canadian Federation Former Editor of Saturday Night magazine, of Independent Business, Vancouver columnist with the National Post, Ottawa MANAGING DIRECTOR Wayne Gudbranson Brian Lee Crowley, Ottawa CEO, Branham Group Inc., Ottawa SECRETARY Calvin Helin Vaughn MacLellan Aboriginal author and entrepreneur, Vancouver DLA Piper (Canada) LLP, Toronto Peter John Nicholson TREASURER Inaugural President, Council of Canadian Academies, Martin MacKinnon Annapolis Royal CFO, Black Bull Resources Inc., Halifax Hon. Jim Peterson DIRECTORS Former federal cabinet minister, Blaine Favel Counsel at Fasken Martineau, Toronto Executive Chairman, One Earth Oil and Gas, Calgary Barry Sookman Jayson Myers Senior Partner, McCarthy Tétrault, Toronto Chief Executive Officer, Jayson Myers Public Affairs Inc., Aberfoyle Jacquelyn Thayer Scott Past President and Professor, Cape Breton University, Dan Nowlan Sydney Vice Chair, Investment Banking, National Bank Financial, Toronto Vijay Sappani Co-Founder and Chief Strategy Officer, Research Advisory Board TerrAscend, Mississauga Veso Sobot -
Jiangsu Shagang (Group) Company Limited Initial Issuer Report
Rating Report 22 June 2021 Jiangsu Shagang (Group) Company Limited Initial Issuer Report Lianhe Ratings Global Limited (“Lianhe Global”) has assigned ‘BBB+’ global scale Long-term Issuer Credit Rating to Jiangsu Shagang (Group) Company Summary Limited; Outlook is Stable Issuer Rating BBB+ Outlook Stable Summary Location China Industry Steel The Issuer Rating reflects Jiangsu Shagang (Group) Company Limited’s (“Shagang” or “the Date 22 June 2021 company”) competitive market position as the largest private steel producer in China, above average operating efficiency and above industry-average utilization rates, and strong operating cash flow. The company’s rating is constrained by its low raw materials self-sufficiency which makes it vulnerable to commodity price fluctuations, slow margin growth in key products amid rising raw materials costs, and relatively high yet stabilizing financial leverage in relation to its “BBB” category credit profile. Operating Data: Jiangsu Shagang (Group) Company Limited The Stable Outlook reflects our expectation that Shagang will sustain a stable and sizable scale of operation, continue to exhibit a prudent manner in reducing and containing its financial 31 Dec 2019 31 Dec 2020 leverage, and maintain its positive operating cash flow and liquidity position. Total Revenue 144,231 152,911 (RMB: in million) Key Rating Rationales Production Capacity1 76 76 (Tonnes: in million) Leading and the Largest Private Steel Producer in China with Sizeable and Stable Operation: Shagang is one of the largest steel producers in the world and China’s largest private Utilization Rate 98.4% 100% (Pig Iron) steel producer, with a total production capacity of crude steel of c. -
Mocenské Zájmy a Vliv ČLR V ČR
CEVRO INSTITUT Bakalářská práce POLITOLOGIE A MEZINÁRODNÍ VZTAHY Mocenské zájmy a vliv ČLR v ČR Autor: Milan Trieu Vedoucí bakalářské práce: PhDr. Pavel Pšeja, Ph.D. Praha 2021 Čestné prohlášení Prohlasuji, ze jsem bakalářskou práci zpracoval samostatne a vyznacil v ni veskere pouzite zdroje informaci. V Praze, 27. dubna 2021 ……………………………… age Podpis 2 Poděkování Na tomto miste bych rád vyjádřila vřele podekováni svemu vedoucimu PhDr. Pavlu Psejovi za cenne rady a připominky. 3 1. Obsah 1. Obsah ................................................................................................................. 4 2. Úvod ................................................................................................................... 6 3. Metodologie ..................................................................................................... 10 4. Čínské společnosti v ČR ...................................................................................13 4.1. CITIC (CITIC GROUP) ................................................................................................ 17 4.1.1. Žung I-zen ............................................................................................................................................18 4.1.2. CITIC Group v ČR ..............................................................................................................................19 4.2. CEFC ......................................................................................................................... 20 4.2.1. CEFC