PAC 136 – A Political Censorship of Industrial Risks Tianjin Explosions, August 12 to 15, 2015

By Clément Paule. Translation: Lea Sharkey

On the evening of August 12, 2015, a blast shook off Tianjin City, the fourth most populated urban area of the People’s Republic of China. According to Chinese media, the incident had been caused by accidental fire of a storage station containing ethanol and alcohol based products…

PAC 131 – A Multilateral Bank Between Cooperation and Predation The signing of the AIIB articles

By Justin Chiu. Translation: Lawrence Myers

On June 29, 2015, the signing ceremony of the statutes of the AIIB (Asian Infrastructure Investment Bank) was held in Beijing. Bringing together 57 countries worldwide, this new multilateral bank has established a $100 billion fund of which 30% comes from China. Considered a diplomatic success of the Chinese state, the creation of the AIIB marks a turning point in global finance.

PAC 127 – Socio-political Asymmetry of Economic Cooperation The Dominate Position of Chinese Firms in Algeria

By Moustafa Benberrah
Translation: Lawrence Myers
On April 16, 2015, the city of Constantine was declared the capital of Arab culture for one calendar year. During this time, Constantine will welcome theatrical plays, festivals, symposiums, exhibitions, etc. A budget of seven billion dinars (700 million dollars) is earmarked for the organization of this event. For the occasion, the Algerian Prime Minister Abdelmalek Sellal has initiated several large projects including a cultural hub comprised of a cultural center, an urban library, a museum and galleries, alongside an art and history museum, an exhibition center and a 3,000-seat performance hall…

PAC 69 – The Paradoxes of the Film Industry in China The Acquisition of AMC by the Chinese Group Wanda, on May 21th 2012

By Justin Chiu Translation: Pierre Chabal

On 21 May 2012, the Chinese group Wanda bought AMC (American Multi-Cinema), the second largest operator of movie theaters in North America. Already owning 730 screens in China, the group acquired 5034 more with this new subsidiary. It thus became the world number one of the film industry.

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