The Chinese economy has kept up one of the world’s strongest rates of growth for decades, but the tumultuous events of 2016 and the underlying threats of builtup debt and a skewed growth pattern could knock it off course. What does the new year hold? Will China continue to be a roaring dragon, or a sluggish panda? China’s robust growth and moderate inflation in 2016 look good on paper, but there are alarming factors behind the scenes
The government is pushing hard for much-needed reform – but is that creating too much power for the government in turn?
Since the self-help best-seller Chicken Soup for the Soul landed in China in the late 1990s, “chicken-soup” motivational culture has become a social, cultural and commercial phenomenon. In the age of social media, the cheesy, gooey, feel-good culture has flooded people’s smartphones, formed a huge positive-thinking industry, and caused heated arguments.
Professor Henry Yiheng Zhao, a leading cultural critic and scholar in semiotics and comparative literature, argues that the prominent ‘chicken-soup’ phenomenon, triggered by the self-help best-seller Chicken Soup for the Soul, is a sign of the rising populism of culture in China today
Beijing knows that promoting smart climate action is vital for the world’s future. That’s why it’s pioneering green finance to find the funding to transform the globe
The call for a shift toward a more balanced growth and financial system set the stage for China’s rapid rise to be the world’s champion green bonds issuer. Investors still lag behind