Germany Tones Down On Immigration Regulation To Encourage International Job Seekers 

Germany Tones Down On Immigration Regulation To Encourage International Job Seekers 

Worker-starved Germany will ease immigration rules to attract foreign job seekers, including giving well-integrated irregular migrants in employment a shot at staying, ministers said Tuesday. In a deal hammered out after marathon talks deep into the night, Chancellor Angela Merkel’s centre-right CDU, their Bavarian allies CSU and the centre-left SPD agreed on a new strategy to combat fast-ageing Germany’s worker shortage. Migrants without residency permits who are awaiting decisions on their asylum applications or their deportation may get to stay if they are gainfully employed and can show they have…

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Jack Ma Details His Succession Plan After Ali Baba

Jack Ma Details His Succession Plan After Ali Baba

Chinese entrepreneur Jack Ma shared an important lesson in leadership when he decided to step down as chairman of Alibaba, the e-commerce company he created. The tech titan revealed Monday that he has started the process of “passing the Alibaba torch” to current chief executive officer Daniel Zhang, who is due to take over as chairman of the board in one year’s time — on Sept. 10, 2019. Ma said the handover, which coincides with Alibaba’s 20th anniversary, had been a decade in the planning and has helped shape Alibaba into the multibillion-dollar e-commerce giant it…

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Trump’s Trade War Against China More Of A Political Standoff – CNBC

Trump’s Trade War Against China More Of A Political Standoff – CNBC

The growing U.S.-China trade war may well push the world’s second-largest economy to work toward winning even more global clout, according to an economist at a widely followed investment group. In fact, Eric Fishwick, head of economic research at CLSA, said the ongoing trade tussle between Washington and Beijing could actually push China to shore up both its economy and its geopolitical positioning. “It may well have the perverse reaction of accelerating China’s attempts to move up the supply curve … to become self-sufficient (in) more and more high-tech products….

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