Archive - Apr 11, 2008

Chinese Say No to French Goods

Countries: France, China

After all the protests during the U.S. and European legs of the Olympic Torch Relay, I figured a call to boycott Chinese goods may follow. Instead, it's the Chinese who are rallying behind a boycott.

The Financial Times reports on an online appeal asking Chinese consumers to stop buying French goods. Targeted brands include Louis Vuitton, Givenchy and L’Oréal.

I found one Chinese blogger who called the boycott appeal "immature" but nonetheless criticized Olympic protesters:

Olympics is like the Wedding Ceremony of PEOPLE in China, not the government. Imagine your reaction if someone try to ruin YOUR wedding, instead of your governor's wedding? Now the wedding of 13 billion people started to be ruined. Its not the government official who are not happy, it is everyone in the country who feel being hurt. Please understand the difference, and think about what is going to happen.

It remains to be seen whether such a boycott will gain popularity or have lasting effects on French companies. However, it's worth noting that France isn't even among China's top 10 trading partners, and that the same Financial Times piece notes that "a campaign against Japanese companies three years ago had little lasting impact."

On the contrary, a Chinese boycott of French goods, says Stratfor, a global intelligence service, "could come back to bite Chinese brands — potentially those of corporate Olympic sponsors."

Short-Term Crises, Long-Term Hope

Topics: Food, Agriculture
Photo: Karl Grobl for NetAid
Photo: Karl Grobl for NetAid

Rising global food prices pose a very real threat to political stability and individual well-being in many developing countries. Recent unrest in Haiti and Egypt indicate an increasingly widespread trend — in fact, the World Bank has identified 33 countries at risk of public disorder.

But what should be done? The Times of London argues that investing in agricultural infrastructure and allowing producers free access to world markets — by both developed as well as developing countries — is the only real solution.

Hunger's New Face

Topics: Food, Conflict and War
Countries: Haiti

U.N. and World Bank officials say "the perfect storm" of factors has led to skyrocketing food prices, leading to riots in places in Haiti.

Haitians took to the streets this week, with The Times Online reporting that protesters compared their hunger pangs to the burn of battery acid. U.N. Peacekeepers used rubber bullets in attempt to control the situation.

The riots in Haiti are not the first uprisings over food prices, which have risen 65 percent in the last six years. There have been riots in Burkina Faso, Cameroon, Egypt, Indonesia, Ivory Coast, Mauritania, Mozambique, and Senegal. A survey by the Washington-based International Food Policy Research Institute says staple foods have risen by 80 percent since 2005. The price of rice is at its highest in the last 19 years and wheat is at a 28-year high.

“There is a risk that this unrest will spread in countries where 50 to 60 percent of income goes to food,” FAO Director-General Jacques Diouf told The Times Online. “This is due to higher demand from countries like India and China, where GDP grows at 8-10 percent and the increase in income is going to food.”


Stories We're Watching

As Growth Slows, India Awakens to Need for Foreign Investment

International Herald Tribune - Wed, 02/08/2012 - 08:26
India’s central bank and economic analysts predict that growth will fall sharply to 7 percent this fiscal year and remain sluggish.

Social responsibility and a new world order

Washington Post - Innovations - Tue, 02/07/2012 - 07:56
Just before the New Year, the London-based Center for Economics and Business Research announced that Brazil had overtaken the United Kingdom as the world’s sixth largest economy. Furthermore, it predicted that by 2020, India and Russia will also have overtaken all the European economic powers.

Aid for trade policy rears its ugly head

The Guardian's Poverty Matters - Mon, 02/06/2012 - 01:41
The UK government's dismay at not being granted the contract for Typhoon fighter jets in India is an indication that its controversial aid for trade policy is still very much alive.

Liberia's battle to put the lights back on

The Guardian's Poverty Matters - Sun, 02/05/2012 - 23:00
Ellen Johnson Sirleaf has set ambitious targets to restore the country's electricity supply. But will it meet them by 2015?

As Africa's consumers rise, so does inequality

Yale Global Online - Fri, 02/03/2012 - 10:17
Kenya struggles to spread the wealth from rapid growth.

Recent comments

Countries

An initiative of Mercy Corps
“You must be the change
you wish to see in the world”
Mahatma Gandhi
Learn more about Mercy Corps >

Efficiency

Over the last five years, more than 89% of Mercy Corps' resources have been allocated directly to programs

Excellence

America's premier charity evaluator gives Mercy Corps four stars in organizational efficiency. Click here to learn more.

High Value

Every dollar you donate to Mercy Corps helps us secure $11.16 in donated food and other critical supplies.

Mercy Corps — Dept. W — 45 SW Ankeny — Portland, OR 97204
All original content Copyright © 2009 Mercy Corps. Quoted and linked content is property of the creator(s). Mercy Corps will not sell, rent or trade your personal information.