July 23, 2017 |
brian wang |
In July 2017, China’s statistics bureau has revised the way it calculates the country’s gross domestic product by including contributions from healthcare, tourism and “new economy”. This move increased the total of 2015 GDP by 1.3 percent to 68.55 trillion …
July 12, 2017 |
brian wang |
China plans to turn the Guangdong-Hong Kong-Macau greater bay area into the world’s largest bay area in terms of GDP by 2030. This would mean surpassing Tokyo, New York and the San Francisco bay area economies. In 2016 combined regional …
June 16, 2017 |
brian wang |
Michael Clauss is the German ambassador to China in the SCMP suggest two ways to deal with China’s Silk Road ambitions. 1. partner with China to close development gaps, while reinforcing the open, transparent and non-hierarchical world order, as seems …
June 8, 2017 |
brian wang |
The Organization for Economic Co-operation and Development has predicted that the global economy is set to grow 3.5 percent in 2017, followed by an increase to 3.6 percent in 2018 as confidence is increasing and investment and trade are picking …
June 7, 2017 |
brian wang |
China has several multi-billion dollar city development projects. Nanhui New City plans to attract 800,000 residents and reportedly cost $4.5 billion. Nanhui city illustration Established in April 2017, Xiongan New Area is a redevelopment project planned for Hebei, China. Initially, …
May 24, 2017 |
brian wang |
Moody’s Investors Service downgraded China’s credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise. The …
