Sunday 26 November 2017

[Framework] Key lessons from national industry 4.0 policy initiatives in Europe

1. Exploring the essential components of the national flagship I4.0 policies of Spain, UK, France, Italy, Germany, the Czech Republic, Sweden and the Netherlands.

3. Although  united in their goals, the I4.0 policies differ in their policy design, funding approaches and implementation strategies.

Sunday 19 November 2017

China's Overall Global Impact and Brief on the Chemical Industry's Impact

1. China is the world’s second-largest economy. From 2000 to 2015, China has grown from 3.6% of global GDP to 14.9%, while the United States has shrunk from 30.9% to 24.4%.

2. China plays a prominent role in the global economy on multiple fronts, including trade, foreign direct investment, and even outward direct investment. 

Sunday 12 November 2017

China's Next Move and Four Potential Scenarios

1. China now appears to be changing from an adapter to a driver of globalisation. In effect, the next China is upping the ante on its connection to an increasingly integrated world—and creating a new set of risks and opportunities along the way.

2. China is transforming and rebalancing to move away from an export-based economy to a more consumption-based one. This transition is not without challenges, and policy actions could determine whether a downward trend in China's economic growth since the global financial crisis leads to a hard landing, Japan-style stagnation

3. China Dream is taking shape as a concrete plan of action, centered on China’s One Belt, One Road (OBOR) plan supported by a new set of China-centric financial institutions—the Asian Infrastructure Investment Bank (AIIB), the New (BRICS) Development Bank, and the Silk Road Fund.


3. Do the figures reflect economic restructuring? Services now count for more than half of the economy, high-tech manufacturing is expanding rapidly, and the issuance of new credit is slowing. But despite these efforts, productivity is still flagging.



Sunday 5 November 2017

[Misconduct] Game Changing FCA Fines Senior Officer for Pension Transfer Failings

1. FCA launched a investigation in FGS McClure Watters (FGS) and Lanyon Astor Buller Ltd (LAB) and subsequently fined Watters  £75,000 for failing to exercise due skill, care and diligence in his role as compliance oversight officer

2. the investigation found that Watters failed to take reasonable steps to ensure that the process in place at FGS and LAB, for giving advice on ETV pension transfer exercises, was adequate and met regulatory standards.