logo
Value of Stormont Executive's office in Beijing questioned

Value of Stormont Executive's office in Beijing questioned

The chair of the Assembly's scrutiny committee for the Executive Office suggested it cost around a quarter of a million pounds a year to run the office in Beijing.
The Executive also has offices in Washington DC and Brussels.
It has had a presence in Beijing since 2014, before then-first minister Arlene Foster opened an Executive bureau in December 2016.
Executive Committee chair Paula Bradshaw said she had concerns around its value for money, after the committee heard from the three bureaux during a meeting last month.
Executive Office official Brenda Henderson said she appreciated there is frustration around transparency and accounting for what they do.
'One of the things that I want to do is to get that coherency across all three bureaux and with the international relations team in Belfast to make sure that we have a clear narrative, that our communications plans can let you see, and let our ministers see, exactly who we're meeting, what is the outcome of that, what does it mean, the 'so what' question in terms of the Programme For Government,' she told MLAs.
'Work is already under way on that.'
Ms Bradshaw followed up by asking at what point would they conclude it is not value for money, and that they could be doing other things with that money.
Ms Henderson said there are different ways to measure value for money.
'One of the things that I know that the overseas offices do is that they build relationships, you have to build those relationships before you utilise them, but there are things about companies, investment, increased student places they bring,' she said.
'I think what we need to do is be more absolutely transparent about that and be clear about the metrics, what we can measure and that we stand in front of those.'
Permanent Secretary David Malcolm said he can 'see behind the curtain', and knows what the Beijing office is doing, He expressed frustration it was not communicated.
He said last month the vice minister for education in China visited Northern Ireland and signed an agreement with the Confucious Institute in Belfast and the Department for the Economy for a £34 million programme over the next 10 years.
He also said in Beijing this St Patrick's Day, there were two community organisations led by Chris Hazzard, including young people who had never left Ireland before.
'There is significant work we're doing,' he said.
'We are also talking to the Chinese Consul about a mini conference here later on,' he said.
'The Chinese have agreed to fund three placements in Beijing through the Arts Council to give people the opportunity to break into the Chinese market. There is a tremendous amount we're doing.'
He added: 'Not just in Beijing, in Washington, we punch miles above our weight in the representational role we get, and indeed in Brussels.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Albemarle operating chief Netha Johnson to leave company
Albemarle operating chief Netha Johnson to leave company

Reuters

timean hour ago

  • Reuters

Albemarle operating chief Netha Johnson to leave company

Aug 11 (Reuters) - Albemarle (ALB.N), opens new tab, the world's largest producer of lithium for rechargeable batteries, said on Monday that Chief Operating Officer Netha Johnson will leave the company. Albemarle did not provide a timeline for Johnson's exit. A company spokesperson declined to comment on the reason for his departure. Johnson first joined the Charlotte, North Carolina-based company in 2018. He sits on the board of electric utility Xcel Energy (XEL.O), opens new tab and previously worked at 3M (MMM.N), opens new tab. He will be replaced as operating chief by Mark Mummert, who has been at the company since 2019, and most recently oversaw supply chain logistics. Albemarle earlier this month posted a surprise second-quarter profit helped by sustained demand for the battery metal.

Why Peak China may finally have arrived
Why Peak China may finally have arrived

The Guardian

time3 hours ago

  • The Guardian

Why Peak China may finally have arrived

Proclamations about the inevitability of China's dominance of the global economic system, or the so-called Chinese century, were made long before Donald Trump's attempts to stymie its trade with the US. Common concerns about coercive politics and human rights aside, some notions of China as an unstoppable economic, technological and military behemoth sit alongside others focused more on an increasingly sclerotic, over- centralised political economy, that depends on wasteful economic stimulus, and features poor governance and institutions. The fusion of these notions suggests that we may already have reached 'peak China'. At the time of the 2008 financial crisis, China's official, and probably exaggerated, GDP was about $14tn (£10.4tn), or about a third of that of the US. By 2021, it had risen to three-quarters of America's $23.7tn, and there was widespread talk about in which year of the 2020s China would overtake the US. By 2024, however, China's $18tn economy had fallen back to just over 62% of the almost $30tn of the US. In GDP per head terms, China is still no more than 20% of the US. A rising China uniquely lifted its share of global GDP between 2000 and 2021 from 3.5% to 18.5%, but since then it has slipped back to about 16.5%. There is no question that China's rise is at least stalling. The working age and total population are now in relentless decline. The urbanisation rate, just over 60%, is flattening out. Productivity growth has stalled. The long surge in China's share of global manufacturing exports and production has levelled off, and the external environment for China is now much harder and more hostile. A 90-day pause in the US-China tariff war is due to expire on Tuesday, and it is unclear whether it will be extended. Part of the problem is that China has reached the end of extrapolation. The past really is another country. Some of its growth engines could only ever fire once: for example, enrolling children in primary and secondary schools; improving basic healthcare; reaping the demographic dividend of falling dependency rates; and moving people from the countryside to higher-productivity, urban jobs. Some growth also flowed from a number of highly effective policy initiatives such as those captured by the era of reform and opening-up, inspired by Deng Xiaoping: joining the World Trade Organization; creating a genuine market in housing, and exploiting globalisation. None of these can happen again. China's growth model, moreover, based on unrealistically high growth targets and uniquely high investment and savings rates, is becoming swamped by stagnant productivity, debt service difficulties and misallocation of capital. At the Central Economic Work Conference in December last year, China's premier, Li Qiang, summarised his country's condition by saying candidly that the foundation for sustained economic recovery and growth was not strong, demand was weak, and there were pressures on job creation and 'fiscal difficulties' among several local governments. Although consumption has been made a top priority, actual policy measures to make it so have been underwhelming, partly because redistributing economic power to companies and citizens also entails changes in political power, which are anathema to the Communist party. The structural downturn in the property sector, which at one stage accounted for more than a quarter of the economy, is likely to shrink for the foreseeable future, dogged by lower rates of household formation and smaller cohorts of first-time buyers, linked to demographics as well as a chronic oversupply of unsold and uncompleted real estate. The government has softened its approach to private enterprises and approved a new private economy promotion law to bolster AI, technology clusters and hubs, and reduce regulatory barriers. Low business confidence, though, is not really about regulations but about political interference, and weak demand and profits. The super-globalisation from which China benefited is pretty much over, and the world's biggest export nation is now confronted by a fragmenting and fracturing trade and investment environment in which commerce within blocs is holding up better than trade between them. China's bloc includes a majority of the world's population, but very small proportions of world GDP, investment and wealth. At the same time, developed and middle-income economies, as well as emerging nations, are pushing back against what they perceive to be predatory trade policies by a mercantilist China. Peak China does not stem from doubts about China's industrial prowess and pedigree. It is, though, about two things that can be simultaneously true: China can have world-class companies and trendsetters such as Alibaba, Tencent, BYD, CATL, Huawei and DeepSeek, as well as an economy with systemic imbalances, debt capacity limits, and political and economic contradictions. Put another way, China has islands of technological excellence and leadership in a sea of macroeconomic turbulence and trouble. This characterised Peak Japan 40 years ago, and China is shaping up for the encore. George Magnus is a research associate at Oxford University's China Centre and at Soas University of London. He is the author of Red Flags: Why Xi's China is in Jeopardy

Chinese warship ploughs into own coast guard chasing Phillippine vessel
Chinese warship ploughs into own coast guard chasing Phillippine vessel

Metro

time5 hours ago

  • Metro

Chinese warship ploughs into own coast guard chasing Phillippine vessel

A Chinese warship rammed into its own coast guard vessel causing sailors to dive overboard. The Philippines said their patrol boat was escorting fishing vessels as they handed out aid to fishermen in the disputed Scarborough Shoal, in the South China Sea. Jay Tarriela, a spokesperson for the Philippine coast guard, also said Chinese patrols blocked them and fired a water cannon. He wrote on X that the Chinese vessel 'performed a risky manoeuvre', causing a collision with the Chinese Navy warship and 'substantial damage' to the coastguard vessel. He said the Philippine vessel immediately offered support, including assistance with recovering men overboard and medical aid for anybody injured. China confirmed a confrontation took place and said the Philippines had 'forcibly intrud[ed]' into Chinese waters. It did not, however, mention the collision. A Chinese Coastguard spokesperson, Gan Yu, said Chinese patrols 'took all necessary measures, including tracking, monitoring, blocking, and controlling, to drive the Philippine vessels away'. Beijing maintains that the area, which is one of the world's busiest maritime routes, almost entirely belongs to China – despite an international ruling this has no legal basis. More Trending Philippine President Ferdinand Marcos Jr said at a press conference that the Philippine vessels would 'continue to be present' in the disputed waterway to defend and exercise Manila's rights over what it considers to be part of its territory. The Scarborough Shoal, a chain of rocks and reefs, has been a point of tension between the countries since, in 2012, China seized it from the Philippines. In recent months, hostilities between the two countries have repeatedly spiked over expanded Chinese territorial claims. Get in touch with our news team by emailing us at webnews@ For more stories like this, check our news page. MORE: I was ordered out of a swimming pool just for being a migrant – my whole body was shaking MORE: Chikungunya virus: How bad is the China outbreak and could it spread to the UK? MORE: When the world 'likely' ends you can blame these three people, expert says

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store