Millions of people being relocated from cities, fewer jobs, greater centralization, and more movie blockbusters are just some predictions for the year.
In debates about whether growth is a percentage point up or down, we too often lose sight of the absolute scale of China’s economy. No matter what rate the country grows at in 2016, its share of the global economy, and of many specific sectors, will be larger than ever. My snapshot of China in 2016? An increasingly diverse, volatile, $11 trillion economy whose performance is becoming more and more difficult to describe as one dimensional.
The reality is that China’s economy is today made up of multiple subeconomies, each more than a trillion dollars in size. Some are booming, some declining. Some are globally competitive, others fit for the scrap heap. How you feel about China depends more than ever on the parts of the economy where you compete. In 2015, selling kit to movie theaters has been great business, selling kit to steel mills less so. In your China, are you dealing with a tiger or a tortoise? Your performance in 2016 will depend on knowing the answer to this question and shaping your plans accordingly.
Many well-established secular trends in China will continue in 2016. The service economy’s expansion is perhaps most prominent among them. In this piece, as usual, I won’t spend much time on the most familiar things. Instead, I will highlight what I believe will become the more important and more visible trends in 2016, either because they are now accelerating to scale or a discontinuity may become a tipping point. (For a quick summary, see sidebar, “The China Orr-acle: Gordon’s predictions for 2016.”) I hope you find my ideas valuable.
- The 13th five-year plan—few surprises
- Fewer jobs, flatter incomes—and, potentially, less confidence
- The maturing of investing: More options for Chinese investors and foreign investment managers
- Manufacturing in China is changing, not disappearing
- Agricultural imports are rising and rising
- More centralization
- Moving people at scale—the middle class, not peasants
- Movies in China: $$$
- China continues to go global, with the United Kingdom as a new focal point
- Big business would embrace soccer in China
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A natural complement to signature Middlebury programs such as the Bread Loaf Writers’ Conference, the Language Schools, and the equally-renowned translation and interpretation degree programs at the Middlebury Institute of International Studies at Monterey (MIIS), the Bread Loaf Translators’ Conference aims to strengthen the visibility and access to high quality literary translations in the United States and to acknowledge that translators require the same training and skills as creative writers.
Following the success of the inaugural session in 2015, this year’s session is likely to fill quickly. We want to make sure you have the chance to submit an application should you wish to do so. Whether you’re an experienced translator looking for feedback on a new project or a beginner looking for ways to approach literary translation, the dynamic community and intimate setting of Bread Loaf are sure to inspire you.
The conference will incorporate the Bread Loaf Writers’ Conference model of small, focused, genre-based workshops coupled with lectures and classes focusing on the art of literary translation. Workshops will be limited to ten participants so that each manuscript will receive individual attention and careful critique. All participants will also meet individually with their workshop leader to amplify and refine what was said in the workshop itself.
This dynamic and focused week-long conference of workshops, classes, lectures, and readings is designed for both beginning and experienced literary translators, including:
- translators who want to improve their craft
- foreign language students who want to acquire skills in the art of translation
- teachers who want to bring the practice of literary translation into their classrooms
- writers who want to continue the age-old practice of assuming literary craft via translation and imitation
- anyone who would like to participate in the growing community of literary translators.
Acclaimed and award-winning translators Esther Allen, Geoffrey Brock, Karen Emmerich, Jennifer Grotz, and David Hinton will constitute the faculty during this second annual session. In addition to their literary accomplishments, each faculty member has been specifically chosen for his or her skill at guiding developing translators in a given genre.
APPLICATION & ACCEPTANCE
Applications to the conference will be accepted between November 1 and March 15. Acceptances will be made on a rolling basis and applicants will be notified whether they have been admitted approximately four to six weeks after they apply. With rolling admissions, those who apply early increase their chances of acceptance; therefore, we encourage you to apply early.
For application and more info CLICK HERE.
NOTE: Financial aid is available.
There is a $15 application fee.
Bread Loaf Translators’ Conference
Middlebury, VT 05753
On November 17, 2015, the DHL US ITAC and Americas Region Regulatory teams hosted visitors from the Embassy of the People’s Republic of China in the U.S. to discuss trade facilitation between China and the United States.
Chinese Embassy representatives Hu Tianshu and Zhang Tong, along with members of the Northern Kentucky Chamber of Commerce and the Greater Cincinnati Chinese Chamber of Commerce (GCCCC), met at CVG hub where discussions included overviews of the DHLE network, US import and export processes as well as challenges encountered by China companies and individuals doing business in the U.S.
U.S. Customs Border Protection (CBP) Assistant Area Director Eugene Matho and CVG Port Director Richard Gillespie joined for discussion on topics related to entry of merchandise both in the U.S. and China. The meeting concluded with a CVG hub tour. The spirit of the visit was one of learning about best practices, growth and cooperation.
PHOTO: From Left to Right – Photo Credit to Pat Rogers/ DHLE Americas, Process Improvement Manager
Front: Matt Robinson, Chief Business Development Officer, Indelac Controls, Inc., NKY Chamber member; Naashom Marx/VP NKY Chamber; Raymond Li Tung Luk/Green Energy Enterprise LLC, President, GCCCC member; Myriam Benalcazar/DHLE America Region, Customs Regulatory Manager
Back: Roger Ruan / DHLE U.S., China Program Manager; Phillip Poland / DHLE Americas Region, Director Customs & Regulatory Affairs; Zhang Tong/ Third Secretary, Embassy of the P.R. of China; Maritza Castro/ DHLE Americas Region, Head of Customs & Regulatory Affairs; Joanie Arias/DHLE VP CVG Hub; Hu Tianshu/ Counselor, Embassy of the P.R. of China; Amy Smith/DHLE U.S. Head of Customs; Alan Majchrzak / DHLE U.S., Director Brokerage Services;
Louisa So Fong / Board of Directors; Anita Haefner / DHLE U.S., Director Compliance; Board of Directors Greater Cincinnati Chinese Chamber (GCCCC); Michael Kou / Growth by Export, President, Board of Directors GCCCC
BEIJING, June 19 (Xinhua) — China has decided to give foreign investors greater freedom in the booming e-commerce industry by allowing them to fully own e-commerce companies in the country, the Ministry of Industry and Information Technology (MIIT) announced Friday.
The MIIT said in a brief statement that it would open up the online data processing and transaction processing businesses to foreign investors.
The new policy will enable more foreign companies to compete with local firms, thereby driving the sector to higher standards, the MIIT said.
The move is an expansion of a pilot scheme launched in January in the Shanghai Free Trade Zone.
Currently, China’s lucrative e-commerce business is dominated by big homegrown firms. The e-commerce market hit 13.4 trillion yuan (2.2 trillion U.S. dollars) in 2014, and China is aiming to almost double the value of the sector in two years.
From Xinhua Net