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EU Using Iran Issue to Counter US Dollar’s Supremacy: Expert
Despite its efforts to counter US Dollar's supremacy via the Iran issue, the EU will not be able to elevate the standing of Euro much, says commentator
Elder Healthcare Needs More Integration with Pension Services
Some areas are lagging behind with providing integrated social and healthcare systems for seniors
Elder Healthcare Needs More Integration with Pension Services
Some areas are lagging behind with providing integrated social and healthcare systems for seniors
Apple Inc’s Dilemma Reflects Flawed Logic of ‘America First’
Apple's dilemma – bring manufacturing back to the US or contend with Trump's tariffs – reflects the inherent irrationality of the "America First" policy.
China’s Financial System Still Has Inadequacies: Researcher
China should establish a financial strategy on a higher, rise-of-nation level to get more say in international finance
Visual Report
To date, Baopals has taken more than 100,000 orders – nearly 600,000 items from 20,000 registered members. Charlie and his pals moved the operation out of their apartment last September, and into a new office with 26 full-time staff and a lion-wig-wearing dog.
To their surprise, the team has found more than just language problems can prevent expats from using Taobao. There’s also a lack of trust. But Jay and Charlie say they’re trying to overcome that.
Jay writes a weekly column called CCC (The Cool, The Cheap & The Crazy) on Baopals’ website and WeChat account, introducing buyers to the coolest gadgets, the cheapest goods, and the weirdest stuff their team has found for sale.
Jay surveyed their registered members’ searches and found that their top searches are for bicycles, Xiaomi phones, iPhones, Game of Thrones, boots, PS4s, funny Halloween costumes and sexy dresses.
1. Braised eggplant, grilled cauliflower, and fried noodles with sliced pork: the Baopals pals, Charlie, Jay and Tyler, order their meal at a Hunanese restaurant in Shanghai.
2. Jay and Charlie attend a summit on e-commerce entrepreneurship in early July.
3. Jay and Charlie say they are trying to build trust between expats and Taobao vendors, and to dispel the common misconception that products made in China are of low quality.
4. This startup experience has convinced the team of China’s promising business environment.
5. The trio still cannot figure out how on earth deliveries in China can arrive so quickly.
6. Jay and Charlie look after the company’s operations and team building, while Tyler handles all the tech work.
Politics
Treasure Island or Debt Desert?
Ever dreamed of owning a desert island? Hainan has issued new rules to promote the development of islands off its coast, but can developers overcome the problems of the past, which include high costs, natural disasters and the need to protect the local ecology?
Tightening the Purse Strings
China’s expenditure on overseas trips, vehicles and receptions for government officials has fallen continuously due to a frugality drive and market price fluctuations
Society
Provincial Efforts to Boost Birth Rate Misplaced
In response to China’s low birth rate many provinces and regions including Liaoning, Shaanxi, Hubei and Xinjiang, have issued various policies to encourage childbirth, such as prolonging paid maternity leave and granting maternity allowances.
The Unstoppable Momentum of #MeToo
After petering out at the start of the year, China’s #MeToo movement has again gathered steam with a wave of accusations against prominent figures. But how much long-term impact it will have on China’s patriarchal culture and legal framework remains unclear
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Foreigners Got Talent?
Too Hot to Handle
