Once a British outpost on the far side of the New World, later a countercultural mecca known for its pot-infused vibe, Vancouver, Canada, is entering a new phase, transformed by immigration from across the Pacific. Greater Vancouver’s population of approximately 2.5 million is now 16% of Chinese origin; the city proper is 28% ethnically Chinese. […]
The problem is that China’s recent slowdown from 10 percent annual growth to about 7 percent is only the beginning. The recent drops in housing and stock prices are harbingers of a further economic moderation. That is inevitable, since no country can grow at a breakneck pace forever. And with the slowing of China, Brazil […]
Forget about all the shoes, toys and other exports. China may soon have another thing to offer the world: a recession. That is the prediction from Ruchir Sharma, head of emerging markets at Morgan Stanley Investment Management, who says a continuation of China’s slowdown in the next years may drag global economic growth below 2 percent, […]
China’s economy grew at its slowest pace in 24 years in 2014 as a cooling property market weighed on demand and is expected to lose more momentum this year, keeping pressure on policymakers to head off a sharper downturn. Read Here – Reuters
US governors are heading to China in increasing numbers to seek potential investors for public and private projects. Since 2009, US governors have led 58 trade missions to China, helping to usher in more than $34 billion in direct investment over the last five years. Those trips have helped grow total Chinese foreign direct investment […]
There’s good news and bad in China’s loss of traction. The good: It will compel President Xi Jinping to end China’s addiction to easy credit and local-government debt, a recipe that’s now causing more bubbles than growth. The bad: Global markets may not be ready for the ugly data about to emanate from an economy […]
Much as Japan Inc. caused a sensation with its buying spree in the eighties, acquiring prominent U.S. companies and landmarks, including Rockefeller Center, Chinese companies are making their presence felt. Acquisitions range from AMC cinemas to IBM’s personal computers unit. Read Here – The Diplomat
China’s 850 cities are witnessing the largest urbanization movement in human history. By 2025 China is expected to have 221 cities with over a million inhabitants and 23 cities with more than 5 million people. Such explosive urban growth is straining Chinese infrastructure. Read Here – The Diplomat
China is finally dropping its one-child policy for around one-third of the population: couples that are urban and Han Chinese in which one parent is an only child. (Couples that are rural, non-Han, or where both parents were only children were already allowed to have two kids.) The policy will remain in force only for […]
looking beyond borders 