As the U.S. Presidential Campaign reaches a climatic end, it is interesting to see that many Chinese, like others throughout the world, seem to have rushed aboard the Obama wagon. While pondering these observations, I ran across an interesting article on Asia Times titled "China falls for Obama's 'US dream'". Here are some excerpts. … [Read more...] about Obamania Seems to be Sweeping through China, too!
(Letter) How many families in China are single-child family?
Here's a statistics that surprised me: http://www.chinadaily.com.cn/china/2006-11/10/content_729312.htm "Currently, Guangzhou has 372,631 one-child families, about 15 per cent of the total." Only 15%? Does this number commensurate with rest of China? US, having no family planning law, has about 18% of families with only child. … [Read more...] about (Letter) How many families in China are single-child family?
(Letter from chinayouren) Crisis and The Great Wall of China
During my travels these last weeks in Europe and Asia, and on my return to China, I have observed some rather striking contrasts. So much that they made me think a lot about the present state of Chinese economy, and here is a word about it. Two different ways of seeing the world I was in Europe for the last time the week of the "Meltdown Monday", the one when the Lehman … [Read more...] about (Letter from chinayouren) Crisis and The Great Wall of China
An explanation for the financial crisis with a recycled joke
A friend directed me to this joke today. I vaguely remember hearing something similar years ago, but this version is now much more interesting because of a new/amended moral of the story, which addresses the Chinese investors but is perhaps just as relevant globally. … [Read more...] about An explanation for the financial crisis with a recycled joke
(Letter from perspectivehere) Michael Spence, Nobel Laureate 2001 in Economics, on China’s Economic Management
In a Q & A with Michael Spence, Nobel Laureate in Economics 2001, on the U.S. economic crisis on Squawk Box at CNBC, Spence makes some notable comments on China's management of its economy and its responsible actions on the global economic stage. … [Read more...] about (Letter from perspectivehere) Michael Spence, Nobel Laureate 2001 in Economics, on China’s Economic Management