i'm raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. for manufacturers in china, 2011 marks another yearof power cuts. one of the factors behind this is a rebound in the production of polluting and high energy industries. new policies to radically clean up will be unveiled in the autumn, which will have far reaching implications for companies doing business in china. >>reporter: for manufacturers, few things are as frustrating as a lack of power - no matter what thecause. >>here in china, regional droughts have near dried-up river beds - leaving not enough water to drivehydro turbines. >>and fossil fuel power plants are reluctant to take up the slack....because they'd have to buy morecoal at today's higher prices and the government won't allow them to surcharge consumers. >>so when coal prices go up, power companies actually find less coal that's delivered to them at a lower price and they have to go to the market. so they don't have the incentive to buy coal from the market to produce power. >>reporter: but power rationing t

i'm raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. the business of international education is worth 45 billion dollars a year and marketers have china firmly in their sights. but not all are focused on attracting "nouveau-riche" chineseents to . some of the most respected english private schools are expanding in the people's republic itself. >>reporter: quintessentially english, in far flung china - though unlike its four century old namesake for the teenage sons of the world's millionaires and monarchs, harrow international school welcomes well-heeled beijing-based children as young as three, including girls. >>established in 2005, this is the harrow brand's second overseas school after bangkok. a third opens in hong kong in 2012. >>farthing: there are many visionaries on the harrow school board who see the value in transliterating a qualityharrow-branded service into new markets. at a commercial level, there is a return from the international schools as well which goes back to help maintain a level of fee structure at a s

i'm raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. china is now the world's 2nd largest economy and growing at a blistering rate. the country also spent billions of dollars on showpiece events like the olympic games and the shanghai expo. so why are other countries still sending aid money to this economic powerhouse? >>reporter: bucks for bamboo; in rural sichuan, europe's taxpayers are funding a two and a half million dollar project to help revive, boost and sustain stocks of this fast-growing, versatile, substitute for timber. >>managed by the international network for bamboo and rattan, inbar, the programme also promotes safer factory working conditions, more effective marketing and greater use of bamboo in construction. the goal is to strengthen economic recovery in a region where the production chain was destroyed in the 2008 earthquake. but there's a long way to go. >>dr. yiping: a lot of problems, i think, for the workers' safety, for resource efficiency - so i think this project can bring a lot of experience or expe

i'm raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. after a hundred years of mistrust - and, at times, conflict - china-russia relations appear to have entered a new era of co-operation. they've settled bitter border disputes, struck huge energy deals and ditched the dollar in favour of their own currencies in bilateral trade. p >>reporter: even in the deep mid winter - at minus 20 degrees celsius - enthusiasm abounds, in china's far north-east. p relations with russia - on the other side of the frozen heilongjiang - have warmed in recent years. p and for these winter swimmers in heihe, military tensions, even conflict, now appear history. p two hundred metres from the river, ding chuanfang sells russian furs, chocolate and other signature items. twenty years ago when she opened her shop, heihe was an isolated backwater. now, it 's a key trading hub and gateway to the arctic - fuelled by good business links with neighbouring blagoveshchensk (pronounced blago-vesh-chensk). p >>chuanfang: this is very important and makes the c

i'm raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. the emirate of abu dhabi, capital of the uae is in the process of building the region's largest industrial zone. it will be served by a vast new port and the country's first railway network, but is itthe right time in the global economic cycle for such ambitious plans? >>reporter: last november the first ship arrived at abu dhabi's port khalifa. it's not fully open for business yet but when finished it will be an integral part of kizad, a 417 square kilometre industrial zone being built some 60 km from abu dhabi's capital. the first phase should be ready by the fourth quarter of 2012 at a cost of 7.2 billion dollars. >>douglas: it's a massive undertaking, it's about industrial clusters linking primary industries such as aluminium steel, glass and many others into clusters where the mid stream industries and the down stream industries can get benefits of economy of pr >>reporter: the zone is part of abu dhabi's plan to diversify its economy with unemployment running at an es