Global broadband uptake fuelled by fibre, Point Topic finds | BroadbandWatcher

Global broadband uptake fuelled by fibre, Point Topic finds | BroadbandWatcher.

Indonesia telecom giant’s bankruptcy stirs fears of legal abuses | Reuters

Awesome… Telekomsel, a mobile phone giant with 100 million subscribers, declared bankruptcy over a claim equivalent to just half a million US Dollars…

REFILE-Indonesia telecom giant’s bankruptcy stirs fears of legal abuses | Reuters.

Chinese Authorities Repeal Domestic Preference in IT Procurement

China’s Ministry of Finance and other government agencies recently abolished the national government’s procurement policy giving priority to “indigenous innovation” products. He Hongfeng, a professor at the Nankai University School of Law, said that the United States government and European governments had pressured the Chinese government to do so, claiming discrimination against overseas companies.

via Chinese Authorities Repeal Domestic Preference in IT Procurement | Marbridge Consulting – China Hardware & Software News and Market Research.

Getting Corruption Right by Jagdish Bhagwati – Project Syndicate

Interesting idea from one of the world’s brightest development economists: Indian-style “rent-creating” corruption (designing the system so as to create scarcity rents, then reaping and distributing them) is expensive and corrosive of growth. China-style, on the other hand, he calls “profit-sharing”, “whereby family members are given a stake in the enterprise so that their earnings increase as profits increase – a type of corruption that promotes growth.”

Full text:

Getting Corruption Right by Jagdish Bhagwati – Project Syndicate.

And related news: China State Council Information Office publishes White Paper on Corruption. Whether indeed over 83.8% people belie that corruption is “under control” to one degree or another is open for discussion. Danwei.org summary here.

SMEs In China: Much Opportunity But Little Room For Error

Dan Harris and Simon Malinowski posted on the China Law Blog and interesting bit on SMEs in China, and in particular pointed to a new podcast series:

It is with that in mind that Technomic Asia’s Business Podcast has just started a new series of podcasts on Small- and Medium-sized Enterprises (“SMEs”) in China. Their first podcast (Kent Kedl interviewing Steve Crandall), entitled, “Small- and Mid-sized Challenges in China: An interview with Steve Crandall,” focuses primarily on market opportunities available to SMEs in China and how not to get burned.

See the full China Law Blog post here.