Some economic news to get you all thoroughly depressed for the weekend:
Forbes: China’s Slowdown In Coastal Provinces Forces Migrant Workers To Go Home– We’ve seen this before, most recently in 2008/9. Not something the government wants to see, for a variety of reasons.
Associated Press: China steps up stimulus spending at local level– Details on the estimated $130 billion spending in Changsha, which were unveiled on Wednesday, got a lot of press attention for some reason, including this article.
MarketWatch: China seen launching massive stimulus via provinces. Question: Who’ll pay for it?– Another Changsha story.
Global Times: Anger over non-local denied relief goods– Have flood victims been refused assistance because they don’t have a Beijing residence permit?
WantChinaTimes: Netizens brainstorm survival skills after Beijing’s deadly flood — Some harrowing tales and how folks are preparing for the next disaster, which usually involves hoarding things that may/may not be useful for survival.
The Interview: Joseph S. Nye | The Diplomat– Interesting chat with Joe “Soft Power” Nye on a variety of topics, including China’s soft power and the U.S. “Asia Pivot” policy.
Bloomberg: China’s Biggest Brands Try to Raise Their Profile– Always a favorite topic. The branding strategies of Haier, Huawei, ZTE and other Chinese firms with global ambitions.
© Stan for China Hearsay, 2012. |
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