Top of Chinese wealthy's wish list? To leave China -- Chinese millionaire Su builds skyscrapers in Beijing and is one of the people powering China's economy on its path to becoming the world's biggest. He sits at the top of a country -- economy booming, influence spreading, military swelling -- widely expected to dominate the 21st century. Yet the property developer shares something surprising with many newly rich in China: he's looking forward to the day he can leave. Su's reasons: He wants to protect his assets, he has to watch what he says in China and wants a second child, something against the law for many Chinese.
'Unemployed need not apply' a disturbing trend -- I recently found an array of online job postings that greet seekers with these encouraging words: "MUST BE CURRENTLY EMPLOYED, NO EXCEPTIONS." How lovely. In a country with 13.9 million unemployed residents, that's akin to a restaurant requiring a hungry person to bring a sandwich in before they can buy a sandwich.
Peter asks a great question.
Is procurement contributing to capitalism's weakness? -- Capitalism doesn't seem to be working too well at the moment, does it? If it wasn't for the lack of any other feasible economic system, I'm not sure how many of us would be very enamored of it right now. Hold that thought, we'll come back to it. We featured an article recently by Ed Haigh from Source for Consulting where he asked whether procurement was partly to blame for the increased dominance of the big firms in the financial services consultancy market. His argument was that in our professional desire to put ubiquitous and generic framework contracts in place, and ensure suppliers are capable, strong, reliable firms, we automatically tend towards the bigger firms as our preferred suppliers.
"Winter preparedness week"
Early planning to avoid repeat of Scotland's snow chaos -- The first ever winter preparedness week is to be held in Scotland in October in a bid to avoid last year's widespread disruption caused by heavy snow. The move was announced by Transport Minister Keith Brown at a winter planning exercise in Edinburgh. He told delegates from the public and private sectors they should "hope for the best but prepare for the worst."