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The government has put the brakes on ‘public-private partnerships’

Concerned about the financial health of local banks, the government has put the brakes on ‘public-private partnerships.’ “The move was aimed at closing loopholes in the initiative that were being exploited by local governments to raise funds through banned channels and spend money on risky projects that were unlikely to earn an adequate return on investment.” The finance ministry ordered the overhaul in November.


Chinese private companies are looking for investment opportunities in the Brazilian education sector

Chinese private companies are looking for investment opportunities in the Brazilian education sector. “The local government has inked a deal with Chinese ICT equipment manufacturer ZTE for the design, deployment and maintenance of two ‘smart classrooms’ in public schools in the [São Paulo]. A leasing contract was signed by mayor João Dória Jr, who is on a visit to China to showcase his administration's large privatization and PPP program and foster other partnerships with the Chinese.” [Sub required]

Source: BNamericas

‘We need to mainstream women into the workforce"

Dr. Aliya H. Khan says the China-Pakistan Economic Corridor (CPEC) must be accompanied by an effort to mainstream women into the labour market and secure their rights. “The first thing is that the constitution gives freedom to organize, which is basically trade union activity. This would go into a very long debate, but over the years, especially, after the setting in of the wave of globalization and privatization, there has been a move to make Labor laws more employer friendly rather than employee or worker friendly. And all this is done in the name of simplification, rationalization and consolidation of Labor laws for reducing the cost of doing business. (…) I think if we miss the golden opportunity on mainstreaming women into these economic and export processing zones, we would fail to achieve the true returns from the CPEC investments.”

Source: Business Recorder

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