Old Version
China’s latest economic figures show its resilience, not its vulnerability
To a large extent, the steady decline in GDP growth is caused more by the ongoing reform and China’s efforts to restructure its economy rather than the trade war
China should not take a nationalistic approach in its trade war with the US
But as the confrontation between the US and China looks set to further escalate, the Chinese government should be cautious in choosing its retaliatory measures. What China needs least is to close its door again
More needs to be done to ensure sustainability of pension fund
China can take an incremental approach to gradually postponing the retirement age to 65 for both men and women over a 15-year period
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China’s hukou reform needs long-term vision
Millions of migrant workers, who have made enormous contribution to China’s economic development, have been denied access to basic public services, which creates social problems
Industrialization of the education sector must not put profits first
Education authorities must realize that they have a fundamental responsibility to provide adequate education of sufficient quality for all. While private investment can play an important supplementary role, there must be effective regulation
China’s tech giants should be put under tighter regulation
While Facebook and Google are denied access to the Chinese market, their Chinese counterparts perform no better, if not worse