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Multinational corporations need to learn China again

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Google announced on Monday that it has stopped censoring search results in China.The announcement came amid speculation that the search giant would pull out of China entirely. Google said that it was routing its Chinese users to an uncensored version of Google based in Hong Kong. As a result ,Google’s shares dropped one-and-a-half percent to 549 US dollars on Tuesday. But Chinese rival Baidu’s shot up 2.6 percent to 595 dollars. The share price of the Chinese search engine has surpassed Google’s for the first time.

It happens that there is a similar case.On March 23th, Bank of China announced its annual report of 2009, which showed that both the Royal Bank of Scotland Group Public Limited Company and the United Bank of Switzerland had sold their shares of Bank of China in big quantities last year. Besides, the Li Ka Shing Foundation also sold two billion of its five billion Bank of China shares.

Today, there are two realities that foreign corporations have to face. First of all, China has altered its attitude towards foreign investment and multinational corporations from blind worship to sensible judgement. Ten years ago, we longed to attract foreign investment into China, to learn the sophisticated technology and advanced management experienece from multinational corporations. We even thought that the more foreign investment we could introduce, the more benefits it would bring to China’s economic development. However, with China’s improvement on innovation ability, every kind of industries in China is becoming more and more impeccable, resulting in the decrease of market share for foreign corporations.

Secondly, the foreign corporations lack sufficient acquaintance with China. For example, though the foreign banking corporations send yellow race to communicate and negotiate with Bank of China, they operated the program completely according to their own train specifications. They have no idea that banks in China make profits from the trade through credit cards, not from the loan borrowed through credit cards. There exists a great difference in the profit mode between China and western countries. As for Google, I think it was short on the experience and skills required in dealing with the Chinese government. This kind of simple withdrawal cannot radically solve the problem. What Google should do is face the reality directly and courageously. Because at the end of the day,neither the Chinese government, Google or the Chinese cyber customers are the winners. No one is. The only “winners”, if any, are those who like to laugh at others.

To sum up, China is becoming increasingly complex and polyphyletic. Similar to China’s path of progress, the march of multinational corporations in China will definitely be circuitous. We do not believe that China is not an open country. In fact,China is not an open market, not unlike the western countries. However, foreign investors and industrialists should not regard China as a country which is subject to changing moods, filled with gray zones and surrounded by factitious risks. As far as I am concerned, foreign corporations had better learn China again, through a new perspective. China has a large potential to further development, and it has no dearth of opportunity. Those multinational corporations, who maintain their confidence in China will gradually make progress with it.

The writer is a China based correspondent of Youth Ki Awaaz.

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  1. Miss Sunshine

    Hmm, I’d like to point out some things..!

    ” China’s improvement on innovation ability, every kind of industries in China is becoming more and more impeccable, resulting in the decrease of market share for foreign corporations.”

    Innovation ability?! Surely all of us know that China’s economy is JUST sustaining on the fact that they produce like crazy. There is zilch innovation. Unless and until you mean innovation in how to mindlessly produce more, this statement is quite a contradictory statement!

    “China has a large potential to further development, and it has no dearth of opportunity. ”

    Sorry to burst the bubble again! But do you know the fact that Everyone is just biting their nails and waiting as to when the bubble of china will stop growing and burst, because the very foundation is so shallow. Like India is growing slowly but strongly. China is fast paced but, oh good lord their base is so shallow. Until and unless the base is made strong, it’s gonna be a real bad scene.

    “As far as I am concerned, foreign corporations had better learn China again, through a new perspective”
    That is what I agree with, but not with the reasons the writer gave. Learning China is very very important. You can very well tap and exploit it, but you need to know how. Because going with the herd mentality, you’re just gonna gain in the short run!

    May I please know the source of all the above data?

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An ambassador and trained facilitator under Eco Femme (a social enterprise working towards menstrual health in south India), Sanjina is also an active member of the MHM Collective- India and Menstrual Health Alliance- India. She has conducted Menstrual Health sessions in multiple government schools adopted by Rotary District 3240 as part of their WinS project in rural Bengal. She has also delivered training of trainers on SRHR, gender, sexuality and Menstruation for Tomorrow’s Foundation, Vikramshila Education Resource Society, Nirdhan trust and Micro Finance, Tollygunj Women In Need, Paint It Red in Kolkata.

Now as an MH Fellow with YKA, she’s expanding her impressive scope of work further by launching a campaign to facilitate the process of ensuring better menstrual health and SRH services for women residing in correctional homes in West Bengal. The campaign will entail an independent study to take stalk of the present conditions of MHM in correctional homes across the state and use its findings to build public support and political will to take the necessary action.

Saurabh has been associated with YKA as a user and has consistently been writing on the issue MHM and its intersectionality with other issues in the society. Now as an MHM Fellow with YKA, he’s launched the Right to Period campaign, which aims to ensure proper execution of MHM guidelines in Delhi’s schools.

The long-term aim of the campaign is to develop an open culture where menstruation is not treated as a taboo. The campaign also seeks to hold the schools accountable for their responsibilities as an important component in the implementation of MHM policies by making adequate sanitation infrastructure and knowledge of MHM available in school premises.

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Harshita is a psychologist and works to support people with mental health issues, particularly adolescents who are survivors of violence. Associated with the Azadi Foundation in UP, Harshita became an MHM Fellow with YKA, with the aim of promoting better menstrual health.

Her campaign #MeriMarzi aims to promote menstrual health and wellness, hygiene and facilities for female sex workers in UP. She says, “Knowledge about natural body processes is a very basic human right. And for individuals whose occupation is providing sexual services, it becomes even more important.”

Meri Marzi aims to ensure sensitised, non-discriminatory health workers for the needs of female sex workers in the Suraksha Clinics under the UPSACS (Uttar Pradesh State AIDS Control Society) program by creating more dialogues and garnering public support for the cause of sex workers’ menstrual rights. The campaign will also ensure interventions with sex workers to clear misconceptions around overall hygiene management to ensure that results flow both ways.

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MH Fellow Sabna comes with significant experience working with a range of development issues. A co-founder of Project Sakhi Saheli, which aims to combat period poverty and break menstrual taboos, Sabna has, in the past, worked on the issue of menstruation in urban slums of Delhi with women and adolescent girls. She and her team also released MenstraBook, with menstrastories and organised Menstra Tlk in the Delhi School of Social Work to create more conversations on menstruation.

With YKA MHM Fellow Vineet, Sabna launched Menstratalk, a campaign that aims to put an end to period poverty and smash menstrual taboos in society. As a start, the campaign aims to begin conversations on menstrual health with five hundred adolescents and youth in Delhi through offline platforms, and through this community mobilise support to create Period Friendly Institutions out of educational institutes in the city.

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A student from Delhi School of Social work, Vineet is a part of Project Sakhi Saheli, an initiative by the students of Delhi school of Social Work to create awareness on Menstrual Health and combat Period Poverty. Along with MHM Action Fellow Sabna, Vineet launched Menstratalk, a campaign that aims to put an end to period poverty and smash menstrual taboos in society.

As a start, the campaign aims to begin conversations on menstrual health with five hundred adolescents and youth in Delhi through offline platforms, and through this community mobilise support to create Period Friendly Institutions out of educational institutes in the city.

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A native of Bhagalpur district – Bihar, Shalini Jha believes in equal rights for all genders and wants to work for a gender-equal and just society. In the past she’s had a year-long association as a community leader with Haiyya: Organise for Action’s Health Over Stigma campaign. She’s pursuing a Master’s in Literature with Ambedkar University, Delhi and as an MHM Fellow with YKA, recently launched ‘Project अल्हड़ (Alharh)’.

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A psychologist and co-founder of a mental health NGO called Customize Cognition, Ritika forayed into the space of menstrual health and hygiene, sexual and reproductive healthcare and rights and gender equality as an MHM Fellow with YKA. She says, “The experience of working on MHM/SRHR and gender equality has been an enriching and eye-opening experience. I have learned what’s beneath the surface of the issue, be it awareness, lack of resources or disregard for trans men, who also menstruate.”

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A Computer Science engineer by education, Nitisha started her career in the corporate sector, before realising she wanted to work in the development and social justice space. Since then, she has worked with Teach For India and Care India and is from the founding batch of Indian School of Development Management (ISDM), a one of its kind organisation creating leaders for the development sector through its experiential learning post graduate program.

As a Youth Ki Awaaz Menstrual Health Fellow, Nitisha has started Let’s Talk Period, a campaign to mobilise young people to switch to sustainable period products. She says, “80 lakh women in Delhi use non-biodegradable sanitary products, generate 3000 tonnes of menstrual waste, that takes 500-800 years to decompose; which in turn contributes to the health issues of all menstruators, increased burden of waste management on the city and harmful living environment for all citizens.

Let’s Talk Period aims to change this by

Find out more about her campaign here.

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A former Assistant Secretary with the Ministry of Women and Child Development in West Bengal for three months, Lakshmi Bhavya has been championing the cause of menstrual hygiene in her district. By associating herself with the Lalana Campaign, a holistic menstrual hygiene awareness campaign which is conducted by the Anahat NGO, Lakshmi has been slowly breaking taboos when it comes to periods and menstrual hygiene.

A Gender Rights Activist working with the tribal and marginalized communities in india, Srilekha is a PhD scholar working on understanding body and sexuality among tribal girls, to fill the gaps in research around indigenous women and their stories. Srilekha has worked extensively at the grassroots level with community based organisations, through several advocacy initiatives around Gender, Mental Health, Menstrual Hygiene and Sexual and Reproductive Health Rights (SRHR) for the indigenous in Jharkhand, over the last 6 years.

Srilekha has also contributed to sustainable livelihood projects and legal aid programs for survivors of sex trafficking. She has been conducting research based programs on maternal health, mental health, gender based violence, sex and sexuality. Her interest lies in conducting workshops for young people on life skills, feminism, gender and sexuality, trauma, resilience and interpersonal relationships.

A Guwahati-based college student pursuing her Masters in Tata Institute of Social Sciences, Bidisha started the #BleedwithDignity campaign on the technology platform Change.org, demanding that the Government of Assam install
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