
The ongoing power shortage and the crisis surrounding real estate developer Evergrande are currently dominating headlines. Even if some assessments turn out wrong, long-term problems still loom. China's policymakers must act now, says Yu Yongding, who for years headed the Institute of World Economy and Politics at the Chinese Academy of Social Sciences in Beijing.
Von Redaktion Table
Up to now, much of Hong Kong's business life has taken place around Victoria Harbour. But now a huge new center is to be built in the very north of the special administrative region. The financial metropolis and the neighboring city of Shenzhen are growing together.
Von Redaktion Table
Die anhaltende Energieknappheit sowie die Krise um den Immobilienentwickler Evergrande bestimmen derzeit die Schlagzeilen. Auch wenn so manche Einschätzung falsch ist, drohen dennoch langfristige Probleme. Chinas Politik muss jetzt handeln, so Yu Yongding, der jahrelang das Institut für Weltwirtschaft und Politik an der Chinesischen Akademie für Sozialwissenschaften in Peking leitete.
Von Redaktion Table
China is about to introduce a law to promote families. But this is not only met with approval – because the bill includes new thumbscrews for parents. They are to be held accountable for their children's bad behavior. Not a very far-sighted plan for an emerging superpower.
Von Ning Wang