"There are positive imp

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WELLINGTON, July 5 (Xinhua) -- China and India have driven a 13-percent rise in the number of international students studying in New Zealand last year,
according to a government report out Tuesday.


The number of international student enrolments rose by 14,748 to total of 125,011, said the report by Education New Zealand, the government agency for the
promotion of international education.


China accounted for 27 percent of all enrolments, while India accounted for 23 percent - together making up half the total.


Tuition fee income received from international education topped 1 billion NZ dollars (720.7 million U.S. dollars) for the first time in 2015, rising 17
percent year on year to 1.029 billion NZ dollars (741.18 million U.S. dollars).


The total value of New Zealand education exports was 3.1 billion NZ dollars (2.23 billion U.S. dollars) for the year to March this year.


"The benefits of international education extend well beyond the economic contribution to the economy," Tertiary Education, Skills and Employment Minister
Steven Joyce said in a statement.


"Young New Zealanders live and learn alongside people from other countries, increasing their understanding of other cultures and boosting our links with the
world. These links are vital for us to prosper in an increasingly Asia-Pacific
world."


The fastest growing markets for New Zealand education last year were India with a 45-percent increase in enrolments and China, which was up 13 percent.


However, student visa trends for the year to May 2016, also released Tuesday, showed a 5-percent decline in first-time student visas, and a 22-percent decline
in first-time student visas from India.


"The decline in numbers from India reflects the new higher English language rules put in place in October last year and tighter enforcement of the rules by
Immigration New Zealand. Growth in numbers from China, S. Korea, Japan, Germany,
Malaysia and Vietnam has largely offset the drop in numbers from India," said
Joyce.


International education was New Zealand's fifth largest export sector and supported more than 30,000 jobs for New Zealanders.


Education New Zealand is aiming to grow the economic value of the sector to 5 billion NZ dollars (3.59 billion U.S. dollars) by 2025.

Sany President Liang Wengen (left) shakes hands with Putzmeister founder Karl Schlecht in 2012 when Sany acquired the German pump maker.

As China moves in to buy up firms from Germany's famed "Mittlestand" of mid-sized manufacturers Comprar Nike Air Max 98 Gundam , politicians are nervous that Chinese owners may take their vaunted technology and move jobs abroad.


But one of the first prominent mid-sized German engineering firms to sell out to the Chinese says such fears are overblown.


When Putzmeister, a 58-year-old maker of pumps for concrete, was bought by its Chinese competitor Sany for 360 million euros ($402 million) in 2012, its
workers protested outside the factory gates Hombre Nike Air Max 93 OG Dusty Cactus Blancas Negras Comprar , fearing job losses.


Four years on, however, the company's employment in Germany has held steady and it has promised to maintain it at least until 2020. Sales are up by nearly
one-third, the brand is still intact and established relationships with
suppliers have been left in place.

Excavators line up at a Sany training school in Wuhan Comprar Nike Air Max 96 XX Hombre Negras , Hubei Province. Photos: CFP
With the Chinese back for more acquisitions, the 4-year-old merger is again drawing attention, this time as an example of how to sell out while safeguarding
operations at home.


In headlines from the latest Chinese shopping spree, home appliance maker Midea Group made a $5 billion bid for German robot maker Kuka last
month Hombre Nike Air Max 97 Plus Azules Blancas Comprar , and Fujian Grand Chip Investment Fund agreed to pay 670 million euros for semiconductor manufacturing
equipment maker Aixtron.


German economy minister Sigmar Gabriel signaled politicians' unease this week, saying he would like to see a rival offer for Kuka from a German or
European firm.


Putzmeister executives remember similar worries. Before their company went up for sale, sales had only begun recovering from the 2009 global financial crisis.


The suitor, Sany Hombre Nike Air Max 97 CR7 Rojas Comprar , from Central China's Hunan Province, had itself overtaken Putzmeister as the global market leader for
concrete pumps, mostly by selling cheaper pumps to Chinese customers. It was
easy to imagine the Chinese firm following the merger by taking German designs
and shedding German jobs.


But Putzmeister's German Chief Executive Gerald Karch insists that was never the plan.


"The strategy was and is the strict preservation of brand and corporate identities at both firms," he said in an e-mailed response to questions.


Since the takeover Hombre Nike Air Max 97 UL'17 HAL Negras Comprar , rather than shift production to China, Sany has divided up the market, selling its own pumps in
China and the German firm's pumps in the rest of the world. Putzmeister pumps
still come with German-engineered parts sourced from its previous suppliers. The
German firm acts as the global distribution hub for the combined company.


"There are positive impulses there," said Frank-Christian Raffel Hombre Nike Air Max 97 Metallic Rojas Bronze Comprar , Munich-based partner in boutique advisory firm MelchersRaffel, which specializes in M&A
deals between German-speaking and Asian countries. "Evidently it is being
well-run by the Chinese."


With employment at the company's factories in Germany holding steady, the workers who picketed against the merger four years ago now say they are more
fortunate than they might have been had a buyer arrived from elsewhere, such as
the US.


Nevertheless Comprar Nike Air Max 97 KPU Hombre Negras , although the merger appears to have been mostly a success in terms of sales and employment, the company
acknowledges it may still take years to unite two very different corporate
cultures and realize all the benefits of linking up.


Plaster master

Putzmeister's colossal truck-mounted cranes helped build the world's tallest bu

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Posted 28 Aug 2018

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