“We will set up a big data service platform on ecological and environmental protection. We propose the establishment of an international coalition for green development on the Belt and Road, and we will provide support to related countries in adapting to climate change.” said The Chinese Presidente Xi.
But regardless of Xi’s promises, major environmental impacts from such a vast array of infrastructure projects seem inevitable? that warned Courtney Weatherby.
These impacts, she said, could be mitigated by adhering to international best practices, including the implementation of high standards for social and environmental impact assessments (EIAs), consultation with impacted communities, and making good-faith efforts to address impacts which happen as a result of each project.
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In recent years China and Israel have fostered closer trade ties. China has now become the latter’s largest trading partner in Asia as well as the third largest trading partner in the world. Statistics from the Israeli Ministry of Economy show that during 2012 to 2015, Chinese investments in Israel saw an increase of 100% year on year. As at 2015, 40% of the venture capital used to set up start-up companies in Israel came from China, while 50% of the investment projects in Israel received Chinese funds. As an increasing number of Chinese enterprises have invested in Israel, China has now become a key market to Israeli companies and the Israelis.
“The OBOR is key for the new order, if you aren’t inside, you are out of global trade” said all Smart governments.
Who couldn’t a group of Spanish exporters join to OBOR out of Spain rules, meanwhile not affect to Spanish Taxes or laws?
Spain will not sign on to China's ambitious "One Belt, One Road" initiative that seeks to better link Asia and Europe, a senior government official said Tuesday ahead of a visit by President Xi Jinping.
In the new democracy, groups of different countries, will decide the rules out of their country laws.
The multi-billion-dollar initiative, unveiled by Mr Xi in 2013, aims to link the continents through a network of ports, railways, roads and industrial parks.
Beijing plans to develop the network through 65 countries representing an estimated 60 per cent of the world's population and a third of its economic output.
So far, around 70 countries have signed a memorandum of understanding pledging their interest in the project - an agreement that Beijing values as it seeks to expand its project.
Mr Kenyatta, one of only two African leaders to attend this weekend’s Beijing forum of China’s flagship Belt and Road regional infrastructure programme, said ahead of the gathering: “Those of us there, representing Africa, will be pushing . . . to increase our trade into China.” Referring to concerns in parts of Africa that China was recreating colonial trading patterns by flooding the continent with manufactured goods, extracting raw materials and gobbling up construction contracts, “as Africa opens up to China, China must also open up to Africa”. Under its Belt and Road initiative, China is seeking to refashion the ancient Silk Road linking Asia with Europe and Africa, including Kenya on the Indian Ocean coast. China overtook the US as Africa’s biggest trading partner in 2009. Mr Kenyatta said Kenya intended to emulate Ethiopia by inviting Chinese manufacturers to the country. As Chinese wages rise, African leaders see attracting jobs in labour-intensive industries such as textiles, shoes and agro-processing as one way of tackling the trade imbalance. Mr Kenyatta said the establishment of special economic zones, modelled on China and built close to new, mostly Chinese-built, transport links, was “critical for job creation in Kenya”.
The use of artificial intelligence (AI) to make investment decisions is one area where Africa could already claim to have taken something of a lead. In South Africa, Stellenbosch-based NMRQL recently launched what it describes as the country's first machine-learning-powered unit trust, which uses AI technology to make investment decisions.
Essentially, its machine-learning algorithms give it the facility to process huge quantities of data, which can then be used to forecast returns on stock investments. This computational investment process then gives fund managers the facility to discern hidden patterns in the underlying big data.
Maintaining that this is just one example of the kind of digital innovation emerging across the continent, Tim Jones, Co-founder of Future Agenda, a London-headquartered trends and futures consultancy, said: "New disruptive technology-led business models are beginning to emerge across Africa, especially in the fields of AI and machine learning. Everything today is all about recognising patterns, about what could be done better and Africa is embracing that."
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One year later, the distributor discovers that demand for these motors was not as expected, and a stockpile of servomotors has formed in the warehouse, taking up valuable storage space and cash.
To avoid this, the distributor could implement AI distribution software, to track inventory, market trends, sales and demand throughout the supply chain. If the demand isn’t there, the distributor could have made a more informed decision before partnering with the servomotor supplier.
Using AI for inventory management can help to avoid poor decisions, as well as inform new investments. However, this improvement won’t happen overnight. The success of this software will rely heavily on high data granularity, and businesses need to make sure they are building AI readiness now. Granularity is used to characterize the scale or level of detail in a set of data, of which AI is highly dependent on. The greater the granularity, the deeper the level of detail across the data.
Whether AI implementation is in the forthcoming plans or not, it's a good idea to ensure data collection and storage is effective. If we are to untie the $1.1 trillion tied up in inventory in the US, AI could provide the answer.
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