Trade Wars – RiotJs http://riotjs.com/ Tue, 12 Oct 2021 06:32:09 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 Imagine a world with US-Chinese cooperation http://riotjs.com/imagine-a-world-with-us-chinese-cooperation/ Tue, 12 Oct 2021 00:00:00 +0000 http://riotjs.com/imagine-a-world-with-us-chinese-cooperation/

On September 10, 2021, during an important diplomatic meeting that took place by telephone, US President Joseph Biden and Chinese President Xi Jinping affirmed the need for a better relationship between their two nations. According to the Chinese official summary, Xi said that “when China and the United States cooperate, both countries and the world will benefit; when China and the United States clash, the two countries and the world will suffer. He added, “Establishing the relationship well, that is.” . . something we have to do and do well.

For now, however, the governments of the two nations appear far from a cooperative relationship. Indeed, intensely distrustful of each other, the United States and China are increasing their military spending, developing new nuclear weapons, engaging in heated quarrels over territorial matters and sharpening their economic competition. Disputes over the status of Taiwan and the South China Sea are particularly likely to start a war.

But imagine the possibilities if the United States and China made cooperate. After all, these countries have the world’s two largest military budgets and the two largest economies, are the two largest consumers of energy, and have a combined population of nearly 1.8 billion people. By working together, they could exert enormous influence in world affairs.

Instead of bracing for a deadly military confrontation – which seemed dangerously close in late 2020 and early 2021 – the United States and China could hand over their conflicts to the United Nations or other neutral bodies like the Association of United Nations. ‘Southeast Asia for mediation and resolution. . In addition to avoiding a potentially devastating war, perhaps even nuclear war, this policy would facilitate substantial cuts in military spending, with savings that could be spent on strengthening UN operations and funding their social programs. national.

Instead of denouncing each other for human rights violations, they could admit that they had both oppressed their racial minorities, announce plans to end such abuse and provide reparations to the victims.

Instead of the two countries obstructing UN action to protect international peace and security, they could fully support it, for example by ratifying the United Nations Treaty on the Prohibition of Nuclear Weapons.

Instead of remaining the biggest emitters of greenhouse gases in the world, these two economic giants could work together to fight the escalating climate catastrophe by reducing their carbon footprint and defending international agreements with other countries. to do the same.

Instead of blaming each other for the current pandemic, they could work cooperatively on global public health measures, including the mass production and distribution of Covid-19 vaccines and research into other potentially horrific diseases.

Instead of engaging in unnecessary economic competition and trade wars, they could pool their vast economic resources and skills to provide poorer countries with economic development programs and direct economic assistance.

Instead of denouncing each other for human rights violations, they could admit that they had both oppressed their racial minorities, announce plans to end such abuse and provide reparations to the victims.

While it may seem that such a turnaround is impossible, something roughly comparable happened in the 1980s, when the US-Soviet Cold War, long a staple of international affairs, suddenly came to an end and unexpectedly. Against the backdrop of a massive wave of popular protest against the intensification of the Cold War and, in particular, the growing danger of nuclear war, Soviet President Mikhail Gorbachev had the wisdom to see that the two nations had nothing to gain and much to lose by continuing on the path of increasing military confrontation. And he even managed to convince US President Ronald Reagan, long an ardent hawk but besieged by popular pressure, of the value of cooperation between their two nations. In 1988, as the US-Soviet confrontation quickly collapsed, Reagan was taking a pleasant stroll with Gorbachev in Moscow’s Red Square, telling curious onlookers, “We decided to talk to each other rather than talk to each other. It works very well.

Sadly, in the decades that followed, the new rulers of both nations squandered the enormous opportunities for peace, economic security, and political freedom opened up by the end of the Cold War. But, at least for a while, the cooperative approach has worked very well.

And he can again.

Given the current icy state of relations between the governments of the United States and China, it appears that, despite the promising rhetoric at the recent Biden-Xi meeting, they are not yet ready for a cooperative relationship. .

But what the future holds is quite another matter, especially if, as in the case of the Cold War, the peoples of the world, daring to imagine a better way, decide that it is necessary to put the governments of the two most powerful nations on a new, more productive path.

Laurent Wittner


]]> Imagine a world remade by American-Chinese cooperation http://riotjs.com/imagine-a-world-remade-by-american-chinese-cooperation/ Sun, 10 Oct 2021 15:09:56 +0000 http://riotjs.com/imagine-a-world-remade-by-american-chinese-cooperation/

Ronald Reagan and Mikhail Gorbachev, Geneva, November 1985

On September 10, 2021, during an important diplomatic meeting that took place by telephone, US President Joseph Biden and Chinese President Xi Jinping affirmed the need for a better relationship between their two nations. According to the Chinese official summary, Xi said that “when China and the United States cooperate, both countries and the world will benefit; when China and the United States clash, the two countries and the world will suffer. He added, “Establishing the relationship well, that is.” . . something we have to do and do well.

For now, however, the governments of the two nations appear far from a cooperative relationship. Indeed, intensely suspicious of each other, the United States and China are increasing their military spending, developing new nuclear weapons, engaging in heated quarrels over territorial matters, and intensifying their economic competition. Disputes over the status of Taiwan and the South China Sea are particularly likely to start a war.

But imagine the possibilities if the United States and China made cooperate. After all, these countries have the world’s two largest military budgets and the two largest economies, are the two largest consumers of energy, and have a combined population of nearly 1.8 billion people. By working together, they could exert enormous influence in world affairs.

Instead of bracing for a deadly military confrontation – which seemed dangerously close in late 2020 and early 2021 – the United States and China could hand over their conflicts to the United Nations or other neutral bodies like the Association of United Nations. ‘Southeast Asia for mediation and resolution. . As well as averting a potentially devastating war, perhaps even nuclear war, this policy would facilitate substantial cuts in military spending, with savings that could be spent on strengthening UN operations and funding their social programs. national.

Instead of the two countries obstructing UN action to protect international peace and security, they could fully support it, for example by ratifying the United Nations Treaty on the Prohibition of Nuclear Weapons.

Instead of remaining the biggest emitters of greenhouse gases in the world, these two economic giants could work together to fight the escalating climate catastrophe by reducing their carbon footprint and defending international agreements with other countries. to do the same.

Instead of blaming each other for the current pandemic, they could work cooperatively on global public health measures, including the mass production and distribution of Covid-19 vaccines and research into other potentially horrific diseases.

Instead of engaging in unnecessary economic competition and trade wars, they could pool their vast economic resources and skills to provide poorer countries with economic development programs and direct economic assistance.

Instead of denouncing each other for human rights violations, they could admit that they had both oppressed their racial minorities, announce plans to end such abuse and provide reparations to the victims.

While it may seem that such a turnaround is impossible, something roughly comparable happened in the 1980s, when the US-Soviet Cold War, long a staple of international affairs, suddenly came to an end and unexpectedly. Against the backdrop of a massive wave of popular protest against the intensification of the Cold War and, in particular, the growing danger of nuclear war, Soviet President Mikhail Gorbachev had the wisdom to see that the two nations had nothing to gain and much to lose by continuing on the path of increasing military confrontation. And he even managed to convince US President Ronald Reagan, long an ardent hawk but besieged by popular pressure, of the value of cooperation between their two nations. In 1988, as the US-Soviet confrontation quickly collapsed, Reagan was taking a pleasant stroll with Gorbachev in Moscow’s Red Square, telling curious onlookers, “We decided to talk to each other rather than talk to each other. It works very well.

Sadly, in the decades that followed, the new rulers of both nations squandered the enormous opportunities for peace, economic security, and political freedom opened up by the end of the Cold War. But, at least for a while, the cooperative approach has worked very well.

And he can again.

Given the current icy state of relations between the governments of the United States and China, it appears that, despite the promising rhetoric at the recent Biden-Xi meeting, they are not yet ready for a cooperative relationship. .

But what the future holds is quite another matter, especially if, as in the case of the Cold War, the peoples of the world, daring to imagine a better way, decide that it is necessary to put the governments of the two most powerful nations on a new, more productive path.

]]> How America Spoiled Christmas – CNN http://riotjs.com/how-america-spoiled-christmas-cnn/ Sat, 09 Oct 2021 17:29:00 +0000 http://riotjs.com/how-america-spoiled-christmas-cnn/ Although the pandemic has ignited the game, the United States has been building this bonfire of supply chain failures for years. The government drastically cut investment in the manufacturing sector, crippled the postal service and engaged in minor trade wars that made the pandemic era particularly painful for consumers.

Empty mail: The U.S. Postal Service is sort of a hot mess right now – strapped for funding and workers, and burdened by the influx of packages in the era of the pandemic.

Since October 1, mail in the United States has become more expensive, and in many cases much slower, thanks to a controversial new service standard that cuts post office hours and charges consumers high rates. rush shipping. just in time for the holidays!
The dire financial situation of the USPS is largely the fault of Congress. Ironically, the USPS is actually cash flow positive. But the agency, which receives no funding from taxpayers, was crippled by Congress’ 2006 decision that it must pre-fund 75 years of retirement benefits – an obscure system that no other government agency follows.

Manufacturing issues: Washington must also share the responsibility for the United States’ dependence on global supply chains.

For decades, the United States has innovated at home and built overseas, allowing high-end manufacturing (and the high-paying jobs that come with it) to disappear.

Take semiconductors, for example, those tiny chunks of etched silicon that power virtually every aspect of modern life, from your car to your refrigerator to the device you’re reading this on.

“The reason we’re really in this mess is because for a long time we haven’t invested,” Commerce Secretary Gina Raimondo recently told CNN. “We used to be the world’s leading semiconductor manufacturer and now we don’t do it anymore. We just divested.”

Over the past three decades, the United States’ share of global semiconductor manufacturing has fallen to just 12 percent, from 37 percent in 1990, according to the Semiconductor Industry Association.

Meanwhile, Asian competitors have increased their capacity, putting the United States at a “competitive disadvantage,” the trade group said. Although the Biden administration is pushing Congress to pass a $ 52 billion bill that would boost semiconductor production and research in the country, the impact of any legislation (which has yet to be passed in the House) would be years away.

Trade wars: To complicate matters further, the United States is locked in a trade war with China. Long before the pandemic, the Trump administration imposed tariffs on more than $ 300 billion in goods. Rather than pressuring China to reform its trade practices, the tariffs have hurt American consumers and manufacturers who depend on materials made in China (read: everyone). Treasury Secretary Janet Yellen has acknowledged this, but the Biden administration has yet to act.

Bottom line: Even if you don’t buy holiday gifts, the end of the year still looks like a chore as inflation remains stubbornly high.

Winter utility bills are another huge drain on household finances as inflation creeps into almost every consumer product on the market. Prices for natural gas – a non-renewable fossil fuel that remains America’s most common way of heating homes – are skyrocketing as the northern hemisphere slips into fall and winter.

This open fire on which you roast your chestnuts may need to serve as a home heating system.

US Employment Report

U.S. consumer spending rose in August, according to data released last month, suggesting that summer fainting caused by the Delta variant of the coronavirus may be coming to an end.

Another important test took place on October 8, when the U.S. government released its employment report for September. US employers added just 194,000 jobs in September, the smallest number since January and far fewer than expected. The unemployment rate fell to 4.8%, according to the Bureau of Labor Statistics, from 5.2% in August.
Remember: The US recovery hit a major hurdle in August, when the economy created just 235,000 jobs. The slowdown shocked economists who expected three quarters of a million jobs. Two straight months of fewer jobs added is a troubling sign of how Covid is disrupting the economy.

Analysts were hoping for a better performance. Going forward, they will be watching wage growth closely, which may affect inflation.

Still, low-wage workers are making “remarkable” gains in their paychecks, Goldman Sachs said last week.

The bank said wages for low-paid workers rose 5.3% in the second quarter from a year earlier. Preliminary third-quarter data suggests wage increases are on track to peak at 6% in three decades.
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The new order of commerce http://riotjs.com/the-new-order-of-commerce/ Thu, 07 Oct 2021 09:24:32 +0000 http://riotjs.com/the-new-order-of-commerce/

THIS DIARY was founded in 1843 to campaign for the repeal of British protectionist corn laws (which was carried out three years later). The argument for free trade was that tariffs enrich the rich to the detriment of the poor, and that discrimination against foreigners leads to mock retaliation, making it worse for everyone. Our introductory issue lamented that governments, classes and individuals “have been too inclined to conclude that their advantage could be secured by a policy detrimental to others.”

For more than 200 years, economists have widely accepted such arguments, although some politicians have shown an atavistic penchant for protection. But after 1945, most of the world’s leaders converged in favor of freer trade. Carried away by the idea that more open markets promote innovation, competition and growth, they pursued them, first in the General Agreement on Tariffs and Trade (GATT), founded in 1948, then after GATT was transformed into the World Trade Organization (WTO) in 1995.

The WTO was an extraordinary achievement. For the first time – and almost only for international institutions – the system included binding dispute resolution, so that victims of rule violations could obtain redress. Large countries could no longer carry their weight and assume that any harm done to others was inconsequential. Such was the faith placed in the new institution that, when China belatedly joined it in 2001, many Westerners hoped it would lead to economic and political convergence with wealthy democracies.

Exceptions were allowed in the rules-based system, but they were carefully controlled. One for national security was used sparingly, as everyone saw that it could all too easily be abused. Environmental protection was allowed to justify some trade restrictions, but no more than was absolutely necessary. Union lobbyists complaining of unfair competition were denounced as protectionist by those who viewed cost differentials as legitimate forms of comparative advantage. Indeed, economic integration was seen as a way to help achieve these other goals. Not only would economies benefit from being linked together, faster growth would mean higher environmental and labor standards.

All of this has resulted in generally lower rates. Between 1990 and 2017, the trade-weighted average world tariff applied according to WTO the rules are down 4.2 percentage points. The decline was greatest in the poorest countries: over the same period, China’s tariffs fell by 28 points, India’s by 51 points, and Brazil’s by 10 points to 300 in 2019. These reduced applied trade-weighted tariffs by an additional 2.3 percentage points.

This system has supported an explosion in world trade as a percentage of gross output, from around 30% in the early 1970s to 60% in the early 2010s. During the same period, complex global supply chains are emerging. increased from around 37% to 50% of total trade. The meteoric collapse in transport costs boosted international trade. But also stability. After China’s accession to the WTO, a study by Kyle Handley of the University of California at San Diego and Nuno Limão of the University of Maryland found that the reduction in uncertainty was responsible for about a third of the growth in Chinese exports between 2000 and 2005.

As these early activists predicted, freer trade improved living standards. A 2019 World Bank report concluded that a 1% increase in participation in global value chains is linked to an increase in per capita income of more than 1% in the long run. A review of the literature by Douglas Irwin of Dartmouth College found that poor countries that liberalized trade experienced higher growth by 1 to 1.5 percentage points, reaching 10 to 20 percent after a decade. The United States International Trade Commission, an independent government agency, estimates that the United States’ bilateral and regional trade agreements increased real revenues by 0.6%.

Stretch and protect

Some movements towards further liberalization have continued. In November 2020, 15 Asia-Pacific countries signed the Regional Comprehensive Economic Partnership, the world’s largest trading bloc. Trade in the African Continental Free Trade Area, an agreement ratified by 38 countries, began on January 1 of this year. Post-Brexit Britain is trying to cover 80% of its trade with preferential deals, albeit after erecting significant new barriers with its closest neighbor, the European Union. And America and the EU discuss common international standards for the digital economy.

Yet the appetite for freer trade is not what it used to be. There has not been a general round of liberalization since the mid-1990s. Other transactions have also slowed down. This is in part due to a widespread perception that the free trade ideology has failed to deliver on its promises. In the rich world, politicians have seen furious backlashes against trade deals and complaints that liberalization has created losers as well as winners, leaving many workers behind. President Donald Trump embodied a rejection of the rules-based trading system. While the Biden administration is no longer making random tariff threats, few believe America is unable to elect a protectionist like Mr. Trump again.

Meanwhile the WTO faces traffic jams. Many believe that China has taken most of the promised benefits without offering enough in return. It has become impossible to update the rules in a group of 164 members who all have to agree. And the system that was supposed to keep trade disputes from spiraling out of control no longer works. The covid-19 pandemic has revealed how quickly panicked nationalism can mess up global supply chains. More than two-thirds of countries applying medical device export controls in 2020 still had restrictions in place as of August 2021.

Despite all the support for post-war free trade, political support for it appears to be on shaky foundations. This could jeopardize growth. Uncertainty associated with Mr. Trump’s trade wars may have depressed global growth by 0.75 percentage points in 2019, according to a study. WTOeconomists estimate that between 2000 and 2016, the cost of trade associated with the policy fell from the equivalent of a 9% duty in 2000 to a 6% duty in 2016, but this includes a slight increase since 2012. A simulation of the IMF found that the equivalent of a 10% tariff would reduce world production by around 1% after three years, and by 1.5% if one adds productivity losses due to the protection of inefficient firms.

As freer trade loses favor, other priorities have multiplied. There was so much emphasis on liberalization and what it would bring that over time “trade has become a matter of negotiation – trade for the sake of trade,” says Ngozi Okonjo-Iweala, director general of the WTO. Now, she notes, the non-trade objectives that had lost the cause of further liberalization are coming back. This special report explores how trade policy is used to achieve non-trade goals, including greater resilience, human rights and a healthier planet. And he wonders if the open trading system can survive this change. The starting point is to examine the tensions created by America’s diversion from the rules-based multilateral trading system it did so much to create.

Full content of this special report
World trade: the new trade order*
Commercial law: a crumbling system
Precautionism: In search of resilience
Labor rights: the need to protect
The environment: making commerce greener
The new rules: a changed world

This article appeared in the Special Feature section of the print edition under the title “The New Order of Commerce”

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Global Cotton Ginning Machinery Market Report 2021 http://riotjs.com/global-cotton-ginning-machinery-market-report-2021/ Wed, 06 Oct 2021 20:50:17 +0000 http://riotjs.com/global-cotton-ginning-machinery-market-report-2021/

Market to develop and reach $ 50 million in 2025 according to the report “Cotton Ginning Machinery Global Market Report 2021: COVID-19 Impact and Recovery to 2030” which has been added to ResearchAndMarkets.com offer.

The global cotton ginning machinery market is expected to grow by $ 0.03 billion in 2020 at $ 0.04 billion in 2021 at a compound annual growth rate (CAGR) of 8%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 0.05 billion in 2025 at a CAGR of 6.2%.

Reasons to purchase

  • Get a truly global perspective with the most comprehensive report available on this market covering over 12 geographies.
  • Understand how the market is affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus wanes.
  • Create regional and national strategies based on local data and analyzes.
  • Identify growth segments for investment.
  • Outperform your competition using forecast data and the drivers and trends that shape the market.
  • Understand customers based on the latest market research findings.
  • Compare performance to your main competitors.
  • Use the relationships between key data sets for a better strategy.
  • Suitable for supporting your internal and external presentations with high quality reliable data and analysis

The description:

Where is the largest and most dynamic market for cotton ginning machines? How does the market relate to the overall economy, demographics, and other similar markets? What forces will shape the market in the future? The global Cotton Ginning Machinery market report answers all these questions and many more.

The report covers the market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the historical and forecast growth of the market by geography. It places the market in the context of the larger cotton ginning machine market and compares it to other markets.

  • The Market Characteristics section of the report defines and explains the market.
  • The Market Size section gives the market size (Billion USD) covering both historical market growth, impact of COVID-19 virus and forecast of its recovery.
  • Market segmentations break down the market into submarkets.
  • The regional and country breakdowns section gives an analysis of the market within each geography and market size by geography and compares their historical and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, major developed countries and major emerging markets.
  • The competitive landscape gives a description of the competitive nature of the market, market shares and a description of the main companies. The main financial transactions that have shaped the market in recent years are identified.
  • The Trends and Strategies section analyzes the shape of the market emerging from the crisis and suggests how companies can grow as the market recovers.
  • The Cotton Ginning Machinery Market section of the report provides background. It compares the cotton ginning machine market with other segments of the cotton ginning machine market by size and growth, history and forecast.

The cotton ginning machine market includes the sales of cotton ginning machines by entities (organizations, independent traders or partnerships) that manufacture cotton ginning machines through different ginning technologies, such as knife gin, McCarthy roller gin and saw gin. Only goods and services traded between entities or sold to final consumers are included.

The Covered Cotton Ginning Machinery Market in this report is segmented by Type Cotton Roller Gin, Saw Cotton Gin and by Application Saw Gin, Double Roller Gin, Rotary Knife Gin.

The regions covered by this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Uncertain economic conditions are expected to affect the cotton ginning market. Changing economic conditions due to trade wars and economic downturns affect the price of cotton. When the price of cotton falls, cotton production also falls. For example, according to August 2020, the outlook for cotton and wool from the United States Department of Agriculture (USDA), estimates for world cotton production in 2020-21 are forecast at 117.5 million bales, or about 4.5% lower as 2019-20. Due to the falling price of cotton, the farmers may not choose to produce the crop due to fear of losses as the production area decreases, the production decreases, which also reduces the use of the machine. ginning the cotton for separation and thus acts as a market hindrance.

The growing demand for cotton and related products is expected to boost the cotton ginning market. Cotton is the oldest and most widely used fabric for making clothes because it is the most comfortable fabric to use, especially in tropical areas where the climate is humid. It is also used to make other industrial fabrics. In july 2020, Cotton Corporation of India, an Indian state-owned company, sold around 700,000 bales of cotton, the highest single-day sale in five years. Cotton is sold only after ginning which is a separate fiber from the seed made using the cotton ginning machine. Thus, the increased demand for cotton contributes to the growth of the cotton ginning market.

The use of DNA traceability systems in cotton ginning plants is a major trend shaping the market. To ensure the origin of cotton fiber, the DNA traceability system uses DNA tagging which will allow retailers and customers to verify the presence of cotton in finished products. In 2018, the Applied DNA Sciences SignatureT cotton traceability system was installed by Louis Dreyfus Company (LDC) at its Moree plant in Australia to mark, test and track pure Australian HomeGrown cotton. Brand owners and retailers can check for Australian cotton in their clothing and finished products.

In 2019, to guarantee the authenticity and provenance of products, Egypt has used Applied DNA’s molecular tagging technology in its two cotton varieties. Applied DNA Sciences (ADNAS) is set to deliver its SigNature T tagging technology for the 2019-2020 cotton ginning season which begins in October. As part of this, the company’s SigNature T technology, together with its genotyping and digital systems, will be used to tag, test and track the Pima cotton variety – sold by the PimaCott brand – over the coming months in San Joaquin Valley, California. The use of DNA traceability will allow consumers to make more confident purchasing decisions and promote the use of cotton.

The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, United States.

Main topics covered:

1. Summary

2. Characteristics of the cotton ginning machine market

3. Cotton Ginning Machinery Market Trends and Strategies

4. Impact of COVID-19 on cotton ginning machines

5. Size and Growth of Cotton Ginning Machinery Market
5.1. Historical Global Cotton Ginning Machinery Market, 2015-2020, in USD Billion
5.1.1. Market pilots
5.1.2. Market restrictions
5.2. Global Cotton Ginning Machinery Market Forecast, 2020-2025F, 2030F, in USD Billion
5.2.1. Market pilots
5.2.2. Market restrictions

6. Cotton ginning machine market segmentation
6.1. Global Cotton Ginning Machinery Market, Segmentation by Type, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
6.2. Global Cotton Ginning Machinery Market, Segmentation by Application, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
6.3. Global Cotton Ginning Machinery Market, Segmentation by Feed, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion

7. Regional and Country Analysis of Cotton Ginning Machinery Market
7.1. Global cotton ginning machinery market, divided by region, historical and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion
7.2. Global cotton ginning machinery market, divided by country, historical and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

8. Asia-Pacific Cotton Ginning Machine Market

9. China Cotton Ginning Machinery Market

10. India Cotton Ginning Machinery Market

11. Japan Cotton Ginning Machinery Market

12. Australia Cotton Ginning Machinery Market

13. Indonesian Cotton Ginning Machinery Market

14. South Korea Cotton Ginning Machinery Market

15. Cotton ginning machine market in Western Europe

16. UK cotton ginning machinery market

17. German cotton ginning machine market

18. French market for cotton ginning machines

19. Eastern European Cotton Ginning Machine Market

20. Russian cotton ginning machinery market

21. North American Cotton Ginning Machinery Market

22. United States Cotton Ginning Machinery Market

23. South America Cotton Ginning Machine Market

24. Cotton ginning machinery market in Brazil

25. Middle East Cotton Ginning Machinery Market

26. African cotton ginning machinery market

27. Cotton Ginning Machinery Market Competitive Landscape and Company Profiles
27.1. Competitive Landscape of Cotton Ginning Machinery Market
27.2. Cotton Ginning Machinery Market Company Profiles
27.2.1. Bajaj Group
27.2.1.1. Overview
27.2.1.2. Products and services
27.2.1.3. Strategy
27.2.1.4. Financial performance
27.2.2. Lummus Company
27.2.2.1. Overview
27.2.2.2. Products and services
27.2.2.3. Strategy
27.2.2.4. Financial performance
27.2.3. Handan Goldenlion Cotton Machines
27.2.3.1. Overview
27.2.3.2. Products and services
27.2.3.3. Strategy
27.2.3.4. Financial performance
27.2.4. Jadhao Gears PVT LTD
27.2.4.1. Overview
27.2.4.2. Products and services
27.2.4.3. Strategy
27.2.4.4. Financial performance
27.2.5. Shandong Swan Cotton Industrial Machinery Stock Co., Ltd
27.2.5.1. Overview
27.2.5.2. Products and services
27.2.5.3. Strategy
27.2.5.4. Financial performance

29. Key mergers and acquisitions in the cotton ginning machinery market

29. Future Outlook and Potential Analysis of Cotton Ginning Machinery Market

30. Annex

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PeopleForBikes Announces Speakers and Agenda for Virtual Bicycle Leadership Conference and In-Person Electric Bike Summit http://riotjs.com/peopleforbikes-announces-speakers-and-agenda-for-virtual-bicycle-leadership-conference-and-in-person-electric-bike-summit/ Tue, 05 Oct 2021 19:17:27 +0000 http://riotjs.com/peopleforbikes-announces-speakers-and-agenda-for-virtual-bicycle-leadership-conference-and-in-person-electric-bike-summit/

BOULDER, COLO (September 30, 2021) PeopleForBikes, a national not-for-profit cycling and cycling industry advocacy organizations trade association, is pleased to announce the agenda for its latest Virtual Cycling Leadership Conference (BLC) and the upcoming in-person e-bike summit, as well as future events planned for 2022 aimed at bringing together the bicycle industry through comprehensive educational programming.

PeopleForBikes The third virtual BLC will take place on November 2-3, 2021 and will showcase a stellar lineup of keynote speakers, Paralympians Clara Brown and Jerryd Wallace, and critical topics in the bike industry, including the potential of US-based manufacturing. United States, industry sustainability initiatives and a brand new, national e-bike battery recycling program. The full agenda is available below.

PeopleForBikes Industry education and networking events are some of our most important offerings as a trade association and advocacy group, said Ravi Rajcoomar, vice president of PeopleForBikes Business network. Providing compelling content, sharing best practices and working across all aspects of our industry to get more people to cycle more often is paramount to the current success of cycling and its sustainable future.

PeopleForBikes is working with leaders of its industry e-bike subcommittee to design and host an in-person e-bike summit on November 19, 2021 in Tucson, Arizona. The event will be held in concert with El Tour de Tucson and is open to anyone interested in the future of electric bikes. Topics to be discussed include data on e-bike sales and cyclist participation, updates on access to public land, and the power of effective advocacy techniques. Tickets for the event, as well as a full program, can be found here.

Next March, the Bicycle Leadership In-Person Conference will return for three days in Dana Point, California. The dates will be announced shortly. PeopleForBikes is also in the early stages of planning for a Fall 2022 Leadership Summit in Bentonville, Arkansas. These events will be filled with opportunities to come together in person to collaborate, learn, network and create a world where cycling and the bicycle industry thrive.

Every month in between, PeopleForBikes will continue its popular online industry webinar series, available to PeopleForBikes members, with exclusive content and topics including information on new riders, buying behaviors, trade and tariff threats, public lands and conservation issues, everything to do with e-bikes, market and retail information and more.

November 2021 Virtual Bicycle Leadership Conference Agenda:

Day 1 :

A better bike for everyone Cyclist Claire Brown and sprinter Jerryd wallace will share their journeys to the Tokyo 2020 Paralympic Games and highlight how community power, passion and perseverance can accomplish truly monumental feats.

Made and assembled in the USA This panel will explore what onhoring could mean for the cycling industry. The bicycle industry, like many others, has been deeply affected by the pandemic, trade wars and rapid increases in international freight prices. This panel will bring together experts from across the industry to explore the potential of US production to help stabilize the supply chain and generate new jobs. Panelists include Arnold kamler, President and CEO of Kent International; Charles cooper, Managing Director of Signal Group; Patrick cunnan, President and COO of Yuba Bicycles; Joe graney, CEO of Santa Cruz Bicycles and Drew medlock, CEO of Allied Cycle Works.

Day 2:

Bicycles: a climate solution Every day our industry is faced with choices to make our internal and external operations more sustainable. In this session, you will learn and be inspired by industry leaders leading the way in this space. From packaging to marketing to corporate partnerships, our choices make a difference as we learn and grow together to fight climate change. Panelists include Arleigh Greenwald, marketing and public relations at Tern Bicycles; Chris Van Der Linden, packaging designer at Trek Bicycles and Aaron Kutzer, Senior Manager, Retail Division at PEARL iZUMi.

Industry campaign to recycle electric bicycle batteries This session will address the growing need for practical and sustainable battery recycling solutions, as more cyclists discover the joy and convenience of e-bikes. PeopleForBikes has proactively responded to this need by working with Call2Recycle to develop a voluntary battery recycling program for the US bicycle industry. In this session, you will learn more about this initiative, hear from current program participants, and find out how you can get involved to support the long-term and sustainable adoption of e-bikes. Panelists include Kunal Kapoor, responsible for service, quality and compliance for Bosch eBike Systems Americas; Jeff Haltrecht, executive at Call2Recycle; Sara Beach, Regulatory Compliance Specialist at Quality Bicycle Products and Erik Saltvold, owner and founder of ERIKS Bike Board Ski.

Sscholarships are available and if you have any questions regarding vBLC or any of the PeopleForBikescontinuing education programs, please contact Ravi Rajcoomar at ravi@peopleforbikes.org.

About PeopleForBikes

PeopleForBikes makes biking better for everyone by bringing together millions of Americans, thousands of businesses and hundreds of communities to make every bike ride safer, more accessible, and more fun. When people ride their bikes, great things happen. Join us on PeopleForBikes.org

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Goodwin Procter, Sullivan and Cromwell M&A teams shine in deal boom http://riotjs.com/goodwin-procter-sullivan-and-cromwell-ma-teams-shine-in-deal-boom/ Mon, 04 Oct 2021 23:17:00 +0000 http://riotjs.com/goodwin-procter-sullivan-and-cromwell-ma-teams-shine-in-deal-boom/ Goodwin Procter Washington, DC offices REUTERS / Andrew Kelly

  • Global mergers and acquisitions topped $ 4 trillion this year
  • Transaction Value Up 92% From Q1-Q3 2020

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(Reuters) – The value of global M&A deals has exceeded $ 4 trillion so far this year, easily breaking past records. And lawyers for Sullivan & Cromwell were involved in $ 535 billion of those deals in the third quarter, according to Refinitiv data, more than any other law firm.

“While it is always difficult to predict how busy the global M&A markets will be in the future, given our level of activity, we expect to be busy until 2022 and hopefully. , beyond, ”Frank Aquila, global director of Sullivan & Cromwell’s M&A practice, said in a statement.

The firm is far from alone in riding the global wave of mergers and acquisitions. Latham & Watkins was the lead adviser on $ 413.2 billion in announced deals through the third quarter, ranking first in this category. And Boston-based Goodwin Procter was ranked number one in the number of global transactions it processed, advising 769 transactions – all but two as a senior advisor.

Goodwin solidifies its place as a deal-making machine after dominating the volume rankings over the past year, once again beating Kirkland & Ellis and Latham, who have both advised over 600 deals each so far in 2021.

“Consistent levels of innovation and investment in the technology, life sciences, private equity, real estate and finance industries have kept our clients phenomenally busy,” said the president of Goodwin, Rob Insolia, in a statement.

The picture at the top doesn’t change much when you focus on the announced deals with any US involvement – Sullivan & Cromwell’s work in the US has exceeded $ 453 billion so far this year, while Goodwin worked on 690 chords.

Refinitiv data shows that several companies are gaining or losing ground this year. In terms of global announced transactions ranked by transaction value:

– Freshfields Bruckhaus Deringer dropped to 10th place from fourth place

– Simpson Thacher & Bartlett moved from 13th to fifth place

– Davis, Polk & Wardwell, the company at the same time last year, is currently ranked sixth

– Cravath, Swaine & Moore moved from 25th to ninth place

The value of all global announced M&A deals combined is up 92% from the first three quarters of 2020, according to Refinitiv.

But even on a quarterly basis, the numbers are staggering – the summer generated $ 1.6 trillion in transactions. Refinitiv says it’s more than any other quarter on record.

“Amid the longest cycle of mergers and acquisitions in history, which has not been deterred by politics, trade wars and referendums, it is perhaps no surprise that an unprecedented global pandemic Accelerates closing deals in every region, in every industry and in every type of deal, “Matt Toole, director of transaction intelligence at Refinitiv, said in a statement.

This negotiating frenzy has had downstream effects on the law firms that advise them. With demand so high, law firms are scrambling to get bodies to follow, creating a market of job seekers in corporate practices, raising wages and increasing the pressure to keep teary-eyed associates from leaving. vessel.

Read more:

Pandemic recovery fuels deal craze as third quarter mergers and acquisitions break all records

McDermott continues corporate hiring blitz with 6 new partners

Recruiters try to keep pace with associate demand

White & Case Takes Global Head of Transactions Amid Half-Year M&A Wave

David thomas

David Thomas reports on legal affairs including law firm strategy, hiring, mergers and litigation. He is based in Chicago. He can be reached at d.thomas@thomsonreuters.com and on Twitter @ DaveThomas5150.

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China wants to tame Internet algorithms. It’s all about national security http://riotjs.com/china-wants-to-tame-internet-algorithms-its-all-about-national-security/ Mon, 04 Oct 2021 04:05:29 +0000 http://riotjs.com/china-wants-to-tame-internet-algorithms-its-all-about-national-security/
Screen shows Xi Jinping speaking at a light show marking the centenary of the Chinese Community Party in Hong Kong, China on July 1, 2021 | Photographer: Chan Long Hei | Bloomberg

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In this week Chinascope, we will examine Chinese propaganda on the Galwan shock, the hidden debt, the control of algorithms, the investigation against the former Minister of Justice and other highlights.

China during the week

Chinese state media produced a Martyrs Day propaganda program in remembrance of the PLA soldiers who died in the clashes in the Galwan Valley on June 15, 2020. Since 2014, China has marked September 30 as Martyrs Day to remember the Chinese soldiers who fought Japan and Korea in the 1950s.

PLA soldiers visited the Galwan Valley front line in Ladakh, where they sang the Chinese national anthem. The theaters on the border were supposed to send a message to India.

Following on from the imposition of control over algorithms, the Cyberspace Administration of China (CAC) has set a three-year deadline to tame the algorithms used on Internet platforms. The CAC opinion is entitled “Strengthening the Comprehensive Management of Internet Information Services Algorithms”.

“In three years, gradually establish a comprehensive algorithm security governance system with a strong governance mechanism, a strong oversight system and a standardized algorithm ecology,” said the opinion.

The regulation is aimed at Internet companies and has a national security and ideological angle. Beijing justifies the national security argument of controlling the algorithm by drawing a parallel between membership in the Communist Party and its ideology of China’s long-term “prosperity”.

The Chinese Communist Party’s internal disciplinary body is investigating former Justice Minister Fu Zhenghua.

Chinese state media reported Zhenghua’s detention for “serious violations of discipline and the law.” He became deputy director of the Social and Legal Affairs Committee of the National Committee of the CPPCC.

In 2018, he was appointed Minister of Justice despite rumors implicating him in corruption scandals. Xi Jinping had entrusted Fu with an investigation of former domestic security chief Zhou Yongkang in 2013, a case that has been the most discussed within the anti-corruption movement. News of the investigation was a major trend on the Baidu search engine and social media platform Weibo.

Last week, AidData – a research lab at William and Mary University – revealed the increase in China’s “hidden debt” offered by banks and state-owned enterprises. The research uncovered $ 385 billion in external debt owed by 42 countries, which represents 10% of these countries’ GDP.

AidData’s Bank on the Belt and Road report provided for the first time a comprehensive view of China’s “hidden debt”. Much of the funding offered is classified as Belt and Road (BRI) funding by China. The BIS is China’s flagship development finance project that critics say is designed to “trap” developing countries into unsustainable levels of debt.

China responded to the revelations without mentioning the AidData report.

“All major indicators of external debt were within internationally recognized thresholds, and China’s external debt risk is under control,” the State Administration of Foreign Exchange said on Saturday.


Read also : China has just promoted a military general targeted at India. And Weibo talked about Modi in the US


In related news, Goldman Sachs revealed that Chinese local government debt reached $ 8.2 trillion by the end of 2020. Debt accounts for nearly 52% of China’s GDP.

During the week, real estate giant Evergrande missed another $ 47.5 million debt payment due Wednesday. In the latest edition of Chinascope, we told you about Evergrande’s persistent debt problems.

And, in the week, the People’s Republic of China (PRC) celebrated its 72sd National Holiday. The PRC was founded on October 1, 1949, after Mao Zedong’s speech in Tiananmen Square.

On the PRC National Day, Beijing set a record by sending 38 jets through the Taiwan Strait. The People’s Liberation Army air force broke into Taiwan’s ADIZ (Air Defense Identification Zone).

After the record incursion, the PLA broke into Taiwan’s ADIZ again on October 2. The APL set a new record with two sorties across the Taiwan Strait. The Oct. 2 sorties tally added to the 39 PLA planes crossing the Taiwan Strait for the.

“The Taiwanese Air Force responded by deploying planes to monitor Chinese planes, issuing radio warnings and mobilizing air defense assets,” Taiwan’s defense ministry said.

China faces an energy crisis due to the coal supply shortage and Beijing’s commitment to carbon neutrality.

Factories in 20 of China’s 31 provinces have suffered power cuts and have to shut down production for a few hours – even cities have faced power cuts. Power generation became expensive due to the trade struggle, after which China banned the import of coal from Australia.

Beijing wants strict control over the narrative surrounding Xi Jinping’s “common prosperity” campaign. An article by blogger Li Guangman, who made the news because of his radical tone, continues to annoy Beijing. Chinascope explained the controversy over the article.

“A Beijing-based media source told the South China Morning Post earlier about verbal instructions from media regulators that Li’s article had too negative an impact and should be mitigated, ”wrote SCMP reporter Jun Mai.

As the origins of the Covid-19 virus continue to be debated, Xi Jinping called for improved biosecurity control during the first Politburo study session.

“Traditional biosecurity issues and emerging biosecurity risks overlap; foreign biological threats and internal biological hazards are closely related and coexist. Biosafety risks have many new features, China’s system of biosafety risk prevention and control and governance still has gaps and weaknesses, ”said a summary of Xi Jinping’s remarks at the study session. .

China criticized the United States’ call for an investigation into the origins of Covid-19 in the city of Wuhan and instead suggested that the investigation should have a global focus.


Read also : China to target cosmetics industry after gambling crackdown


China in the world news

The Joe Biden administration is expected to unveil its trade policy in China next week. U.S. Trade Representative Katherine Tai will speak at the Center for International and Strategic Studies in Washington DC, where she will announce the policy.

Tai recently said Politics in an interview that the Biden administration will “build” on the tariffs imposed by the Donald Trump administration as part of the “trade war” with China.

China has supported North Korea’s call to review international sanctions imposed on the DPRK. Hua Chunying called on the United States to “review the sanctions related to humanitarian aspects.”

North Korea recently tested a hypersonic missile, a capability that only a select group of countries have deployed so far. China is one of the candidates who may have helped North Korea with its hypersonic missile program – the others being Russia and Iran.

What you need to read this week

Evergrande is a convenient villain for Xi – Richard McGregor

How a forgotten religion shaped China – Mao Ming

A History of the Islamic State’s Media War on China – Lucas Webber

The Inner History of the Peace Corps in China – Daniel Schoolenberg

Expert conference

“After Japan returns to the era of ephemeral regimes, one of the biggest problems is that relations with neighboring countries will continue to deteriorate and the Japanese state will become increasingly isolated in East Asia. East, ”said Chen Yan, executive dean of the Japan Enterprise Research Institute (China).

India in China

A video of the farmers’ protest in Barnala (Punjab) has been viewed 60,000 times on Weibo. Indian farmers waved ‘anti-Modi, anti-imperialist and anti-business capitalist’ slogans at the rally, said the account that posted the video.

Podworld

How the Chinese state is dealing with social unrest, with Manfred Elfstrom – Sinica Podcast

Key takeaways from AidData’s new report on how China finances the BRI – China in Africa podcast

Upcoming watch

China will mark the 110e anniversary of the Xinhai revolution on Sunday. The Xinhai Revolution of 1911 ended the last Chinese imperial dynasty.

This is a weekly roundup that Aadil Brar will write on what’s hot in China. This will soon be available as a subscriber-only product.

(Edited by Prashant)

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