RSS Feed

Calendar

February 2024
M T W T F S S
« Jan    
 1234
567891011
12131415161718
19202122232425
26272829  

Search

Tag Cloud

Archives

Forbes (February 9)

2024/ 02/ 12 by jd in Global News

“Economists are struggling to put China’s epic $7 trillion stock crash in perspective. The best size and scope may be that, since 2021, the market has lost the combined gross domestic product of Japan and France.” But that’s not even the worst news out of China. Beijing is now “on the lookout for those disseminating negative views on China’s economic and market prospects. This chilling warning not to ‘denigrate China’s economy’ via ‘false narratives’ is Mao Zedong, not Adam Smith. And it raises troubling questions as China’s influence soars.”

 

The Economist (June 14)

2014/ 06/ 14 by jd in Global News

In China, golf is “a barometer of change.” Banned under Mao Zedong, Deng Xiaoping allowed a few golf courses for foreign investors. Then, with rising affluence, “more locals wanted to try the sport. Suddenly more golf courses were being built in China than anywhere else, despite the fact that their construction was technically illegal.”

 

[archive]