Mo Ming

China’s Tattered Social Safety Net – Business Week

From Business Week: The one-child policy combined with a large aging population means pensions are in danger of falling short. What’s the solution? Time is running out for China’s pension system. The one-child policy has created the 1-2-4 phenomenon within many of the country’s households – one child, two parents and four grandparents. With the […]

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China’s Poverty Line too Low – Xinhua

From xinhua via China Daily: China’s poverty line of 680 yuan (US$85) per capita net income a year is too low for subsistence and fails to spread the benefits of the country’s economic boom, a poverty relief official has said. China’s economy surged by 10.9 percent in the first half of 2006, the fastest rise […]

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Outlook For China’s Major Events in 2007 – xinhua

From xinhua via People’s Daily: A rundown of the major events in China shows 2007 will be extremely busy, productive and crucial for the country’s reforms and development. The year will feature the continued evolution of the government and the turning of a new page for the Communist Party of China. 17th National Congress of […]

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China Confronts Price Of Its Cigarette Habit – Gordon Fairclough

From The Wall Street Journal: On the outskirts of this provincial capital stands a massive sports complex, built by state-owned cigarette manufacturer Hongta Group. Outside, a grand frieze depicts a progression, from farmers harvesting tobacco to high-rise buildings and jet airplanes. The blunt message: Tobacco is responsible for bringing modernity to this poor corner of […]

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Chinese Firms Hungry for Talent – Olivia Chung

From Asia Time: In the 1980s and most of the 1990s, almost all talented Chinese students wanted to study abroad. And those who were lucky enough to be able to study in advanced countries such as the United States or Japan would make every effort to remain there after graduation, reluctant to return to China. […]

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