Economics
Learning for all: shared principles for equitable and excellent basic education systems
More than 200 participants – including government officials, policymakers and education experts from over 20 countries gathered in Jakarta, Indonesia, for the global conference Learning for All: Shared Principles for Equitable and Excellent Basic Education Systems.
The conference addressed themes related to improving learning outcomes for all students, including how to support effective teaching and early childhood development, balancing school autonomy and accountability, and how education systems can build the skills needed for the 21st century.
For the host country, Indonesia, the forum provided a valuable chance to look more closely at issues facing its education system.
While Indonesia has made considerable progress on access and education funding (with a commitment to allocate 20% of its budget to education), it faces critical challenges including efficiently using resources in a highly decentralized context, investing in early childhood, and needing to boost teacher quality along with learning outcomes.
Senior officials from Indonesia’s government ministries shared insights into Indonesia’s current reforms including teacher policies, school operating grants, conditional cash transfer programs, and early childhood development strategies.
From the experiences shared as well as research presented, participants were able to draw many relevant lessons to help strengthen their education systems. An overview of education performance in the region from the World Bank’s forthcoming regional Education Flagship Report showed that EAP countries are among the top performers on PISA, and that they have invested heavily in creating excellent education systems. Among these lessons, the conference revealed that high performing systems:
- carefully select, groom and value their teachers by attracting high performing students into the teaching profession and providing relevant pre-service and in-service training in pedagogy and subject content;
- create a structure and culture that promotes collaboration between teachers;
- strategically use targeted measurements to promote accountability and drive reform;
- invest early in children’s development;
- view schools and parents as partners in education;
- and are innovating to connect with industry, in order to link education systems to employment.
Former and current ministry officials also shared relevant lessons from middle income countries including Peru – which embarked on ambitious system-wide changes to promote equity and quality after placing last on PISA in 2012—and Mexico, which has developed a program to give teachers tools to build the socioemotional skills of adolescents in school. These countries face many of the same challenges as Indonesia and other countries in the region and offered important practical lessons and strategies for participants. Harry Anthony Patrinos, Education Manager, World Bank also shared examples from five reforms across the globe.
The role of measuring education systems was a key topic of discussion as well. Australia shared a critical framework for…
Business
China Limits Apple Operations as BYD Manufacturing Moves to India and Southeast Asia Amid Trade Frictions | International Business News – The Times of India
China is restricting the export of high-tech manufacturing equipment and personnel to India and Southeast Asia, aiming to maintain domestic production amid potential US tariffs, impacting companies like Foxconn and BYD.
China Curbs on High-Tech Manufacturing
China is intensifying restrictions on the movement of employees and specialized equipment essential for high-tech manufacturing in India and Southeast Asia. This measure aims to prevent companies from relocating production due to potential tariffs under the incoming US administration. Beijing has urged local governments to restrict technology transfers and export of manufacturing tools as part of this strategy.
Impact on Foxconn and Apple’s Strategy
Foxconn, Apple’s primary assembly partner, is facing challenges in sending staff and receiving equipment in India, which could impact production. Despite these hurdles, current manufacturing operations remain unaffected. The Chinese government insists it treats all nations equally while reinforcing its domestic production to mitigate job losses and retain foreign investments.
Broader Implications for India
Additionally, these restrictions affect electric vehicle and solar panel manufacturers in India, notably BYD and Waaree Energies. Although the measures are not explicitly targeting India, they complicate the business landscape. As foreign companies seek alternatives to China, these developments are likely to reshape manufacturing strategies amidst ongoing geopolitical tensions.
Business
EFIS Maroc and China Eastern Airlines Set to Launch Service Between Morocco and China
China Eastern Airlines and EFIS Maroc will launch three weekly flights between Casablanca and Shanghai via Marseille starting January 19, 2025, enhancing cargo logistics for Morocco-China trade, particularly in the automotive sector.
New Flight Route Launch
China Eastern Airlines has partnered with EFIS Maroc to introduce three weekly flights between Casablanca (CMN) and Shanghai (PVG) via Marseille (MRS). This service is set to commence on January 19, 2025, operating on Tuesdays, Fridays, and Sundays, using Boeing 787-900 aircraft with a capacity of 18 tonnes for cargo.
Supporting the Automotive Industry
The service aims to enhance logistical support for the automotive sector, facilitating the secure and timely transport of high-value components between Morocco and China. This new route will not only strengthen local supply chains but also promote economic growth and trade relations between Africa and Asia.
Innovative Cargo Solutions
Jean Ceccaldi, CEO of ECS Group, emphasized that this collaboration marks a significant achievement for EFIS Maroc. Leveraging advanced digital tools like Squair for customs optimization and CargoAi for booking, EFIS Maroc will enhance operational efficiency, ensuring a superior cargo management solution tailored for China Eastern Airlines.
Source : EFIS Maroc and China Eastern Airlines to launch Morocco-China service
Business
China Considers Selling TikTok US Operations to Musk as a Viable Option – Bloomberg
China is considering the sale of TikTok’s U.S. operations to Elon Musk as a potential option, according to a report by Bloomberg.
Potential Sale of TikTok to Elon Musk
Reports suggest that China is considering the sale of TikTok’s U.S. operations to Elon Musk as a viable option. This development follows ongoing scrutiny over the app’s data privacy practices and its links to the Chinese government. Officials believe that a sale could alleviate international concerns and preserve the platform’s presence in the U.S. market.
Strategic Implications
The potential transaction raises numerous strategic implications, not only for TikTok but also for Musk’s other ventures. If Musk were to acquire TikTok, it could enhance his digital footprint and provide new avenues for advertising and user engagement. Conversely, it could pose challenges in managing regulatory compliance and addressing data security issues.
Regulatory Hurdles Ahead
Despite the intriguing prospect of a sale, significant regulatory hurdles remain. Any acquisition would require approval from U.S. authorities, who continue to assess the risks associated with foreign ownership of tech companies. The outcome of these discussions could have widespread ramifications for both TikTok and the broader social media landscape.
Source : China Weighs Sale of TikTok US to Musk as a Possible Option – Bloomberg