Old Version
With multiple fiscal challenges in 2023, China needs a more balanced fiscal policy
The wording has been widely interpreted that China will expand the budget deficit and scale of government bonds in 2023
China needs to establish its own ‘hidden champions’ to become a real manufacturing power
They should pursue ultimate professionalism in the niche market, be innovation-oriented and have the determination to stick to their path, not pursue reckless diversification
Reforms to China’s birth registration restrictions are long overdue
If these reforms are effectively implemented, birth registration will be finally restored to serve its original purpose – ensuring people can access essential public services
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How China can turn its demographic decline into economic growth opportunities
Many experts believe a declining population will lead to an aging population, which will translate into contracting consumption, declining enterprise profits and an economic slowdown
Further high-level opening-up key to China’s economic growth amid uncertainty
It is time for China to further align its trade and investment rules with international common practice to build a better developed, more transparent regulatory framework.
TEST TRAPS
The cancelation of Advanced Placement (AP) exams in parts of China over pandemic restrictions has not only hindered overseas university hopefuls, but also increased anxieties among middle-class families already facing fierce competition and academic burnout