Over two years after whistleblower Dr. Li Wenliang’s death from COVID-19, the comments section under his last Weibo post, which has become known as “China’s Wailing Wall,” continues to serve as a repository for the hopes,...
Jing Ulrich is managing director and chairman of China equities & commodities at JPMorgan. She wrote this piece on the Financial Times: Global sentiment towards China’s economy and asset markets has turned from exuberance...
From Zero Hedge blog: Here’s some recent news about the real estate markets in China. I think it is fascinating watching how these things unfold. This proves once again that the lesson of history is that we don’t learn the...
James Pomfret reports for Reuters: A 13-storey residential building under construction in Shanghai collapsed Saturday, killing one worker and highlighting the dangers of shoddy building in fast-urbanising China. The building, in...
“Economic woes and key anniversaries portend trouble.” From the Economist: For China’s leaders, a perfect storm is brewing. Economic growth, which has helped keep the Communist Party in power, is faltering. The new...
The Shanghai Daily reports: China’s maritime search and rescue authority said yesterday a cargo vessel hit a bridge under construction near the eastern seaport of Ningbo City, Zhejiang Province, leaving four crew members...
From Forbes.com: For many, China’s fast-paced economic reform is a source of constant anxiety. In a caricature of the debate, “blockhead” economists cheer on China’s reformers, while the more culturally and socially “aware” wring their hands, worried sick because of potential social upheavals. Not a few Cassandras forecast imminent civil eruptions. Throwing tens of millions […]
From U.S. Newswire: : China’s furious economic growth in recent years has created a bubble economy that is on the verge of collapse, according to Strategic Forecasting Inc. (STRATFOR), a leading private intelligence service. In its latest Decade Forecast report, STRATFOR says China’s economy is already on life support – with an estimated $500 billion […]
From China Elections and Governance: Peking University Professor Ding Yuanfu has presented a survey of governmental and non-governmental experts, most of who predict that a crisis with a big effect on China’s economic and social development will occur before the year 2010.
From TIME.com: The author of Guns, Germs, and Steel asks, Why do some civilizations die out while others survive? There are no trees more than 10 ft. tall on Easter Island. That’s not its most famous mystery–there’s the little matter of those giant brooding statues–but it is kind of weird. Easter Island is less forested […]
From the International Herald Tribune: While the flutter of a butterfly’s wing might not be quite enough to disrupt the international economy, it does not take more than a few flutters to spook traders, bankers and governments into interlinked financial crises. The vulnerability of advanced national economies to international disruption was demonstrated first in 1914, […]
Financial Times (via: geoffmetcalf.com) had an excellent article today on the price of China’s growth. The site needs subscription but here is its main point and some strong quotation from Pan Yue: “Just as in the former Soviet Union, central planning, with its mantra of “produce first, live later” has wreaked untold damage. But in […]
Click on the image to download Firefly for circumvention
CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.
