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Global trade has made peace important to china academic argues


pstrongWHILE things continue to heat up in the South China Sea, one academic has highlighted exactly what China has to lose from annoying its neighbours./strong/ppDr Xiang Bing, the founding dean of the Cheung Kong Graduate School of Business in Beijing, China, said China had been globalised and peace had been indispensable for Chinas economic progress since 1978./ppChina is more dependent on global trade today and has every incentive to ensure free navigation, he said./ppI would like to think China has no incentive or motivation to disrupt the safe passage of sea lanes and to pick a fight with any country. To commit a crime, you need some incentives./ppTo highlight whats at stake for China, Dr Xiang pointed out the countrys reliance on global trade./ppPrior to 2012, more than 50 per cent of Chinas exports were generated by foreign companies based in China./ppWhile this dropped slightly in 2012, foreign invested companies in China still contributed 49.7 per cent of its total exports./ppDr Xiang also pointed out that Japanese companies had invested $527 billion (US$400 billion) in China in the past 10 years or so./ppFor me, thats a sign of economic openness, Dr Xiang told the Sydney China Business Forum last week./ppYou go to China and you see American companies doing well, the Europeans doing well and Australians doing well./ppHe pointed out that the South Korean company, Samsung had racked up $39 billion (US$30 billion) in exports from China. Chinas economy has been globalised, he said./ppIn 2008, Dr Xiang said trade made up 70 per cent of Chinas GDP. While this had declined to 41 per cent in 2015, it was still higher than in the US (28 per cent) and Japan (37 per cent)./pp RELATED: How China has eclipsed Australia in trade links/pp RELATED: Should be concerned about the East China Sea dispute?/ppWhile there were some limitations to the economic model that China had created, Dr Xiang it had been very successful./ppBy 2049, Chinas GDP per capital may reach half of the US GDP per capita, he said./ppSo peace has been important for China, he said. Peace will be more important for China because China is more dependent on global trade./ppHe also noted the role of social media in constraining the Chinese government./ppIts not a perfect substitution for rule of law but definitely it has a huge impact, he said./ppIt was now possible for posts to reach 500,000 people easily through using apps like WeChat, even if the government decided to delete posts it didnt like./ppSo social media has a huge impact on how government functions./ppDr Xiang said while there were still many differences between China and the US, including their political systems and ideologies, China was embracing new liberalism, a new wave of globalisation and social media./ppThey are three major forces sweeping the global economy the past 20 years./ppWith so many technologies now disrupting economies around the world, Dr Xiang he thought this could turn out to be one of the best times in human history./ppThis could be the beginning of the new renaissance ... I hope so, for the future./pp charis.this site/p

Its not another facebook how linkedin can help these workers




IF you’re not about to go breaking any glass ceilings, be on the fast-track or work in an office, what’s the point of being on LinkedIn?

Career Development Association of Australia advocacy chairwoman Rebecca Fraser says a professional social media profile is a helpful work tool in more ways and to more people than many realise.

THE COASTER

If youre not looking to boost your career:

LinkedIn is not targeted at people who only want career progression, Fraser says.

The reality is, LinkedIn is now a recruitment tool and the focus for people on there is about networking for opportunities not just presenting yourself as someone seeking to climb the corporate ladder.

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THE TRADE LABOURER

If you dont work in an office:

A lot of individuals will look for a brand reputation through LinkedIn and for this reason, tradie or not, having a LinkedIn profile is beneficial for you, she says.

You can use the platform to help with developing your brand if you are self employed; provide advice if you are looking at building your level of expertise; or simply be on there to be available to network for work opportunities.

THE NEWBIE

If youre a graduate and dont have many work contacts:

Graduate employment is very competitive and being able to build a network within the prospective sector is a great way to get ahead as a graduate, Fraser says.

LinkedIn will also let you build a knowledge base from experienced specialists in your targeted field and may provide you with a great deal of insight in to the professional world you are targeting and the roles and challenges you can face.

THE PRIVACY PROTECTOR

If you dont want people to know what you look like:

Fraser says discrimination over age or appearance should not be feared.

It would not be right if I did not say that the image you present on LinkedIn is important, but would you turn up to an interview in a singlet and thongs? Present yourself on your LinkedIn profile as you wish to be seen by prospective employers, Fraser says.

We do strongly recommend including a profile photo as the research does state that your profile will be viewed more often then, however, if having a photo on there concerns you, do not include one.

THE DIGITAL WHINGER

If you think its just another Facebook for businesspeople:

Many people are seeing others use LinkedIn like facebook but these individuals generally will be reported to the site for this, she says.

LinkedIn have strong terms and conditions about the type of communication and engagement they expect on the site and even down to the quality of the articles people publish.

If you feel what you are seeing is spam or the individual is using this only for social engagement and not professional networking, LinkedIn generally will follow this up.

SO EVERYONE NEEDS TO BE ON LINKEDIN?

The reality is in this market everyone needs a LinkedIn profile if they wish to be sourced or want to engage in the hidden job market, Fraser says.

Individuals are using LinkedIn, either as a user or through the LinkedIn talent management solutions, to source prospective candidates from entry-level roles right through to executive roles, in all industries and segments.