[For every article or three about how China's growth is unsustainable, and how an implosion/ correction/ recession/ retribution is imminent, there will be defenders explaining why all those fears and predictions of doom are wrong.
Of course, official defenders' (i.e. China's government) credibility are suspect simply because they are not independent.
Non-official or opinions from those with no vested interest (at least none overtly detectable), are a little more credible.
Here is one, non-official defender.]
By Jim O’Neill
11 February, 2018
China’s recently released GDP data for 2017 confirm it: the country’s dramatic rise, with the concomitant increase in its global economic relevance, is not slowing down.
To be sure, there has been fresh media chatter about the reliability of Chinese data, owing to reports that some provinces have been overestimating their economic performance in recent years. But for all we know, other provinces may have been doing the opposite.
Here's the News. All the news worth reading. (To me anyway) Note that this is a news clippings blog. Articles (mainly from Straits Times) are NOT written by me. Due to spam comments, comments are now moderated. Please read "This Blog" and "Before you comment".
Monday, February 12, 2018
Tuesday, February 6, 2018
Residential projects in Johor - too ambitious?
The Iskandar region of Southern Johor has ben the subject of many ambitious plans. Maybe even grandiose plans. The plans include
Leading to this question:
"...a snow world theme park, an opera house, a hospital specializing in Chinese traditional medicine and a school."One view is that there may be too many homes planned.
Leading to this question:
Wednesday, January 31, 2018
China's Economy. Slowing?
[Three Two stories on China. Which seems to suggests a slowing. But maybe not.
The first story is not new. Predictions that China's economic growth is due for a "crash" (if you wanna be dramatic), or a "correction" (if you prefer to be less alarmist) has been circulating. As early as 2009, according to the first article.
And here we are, 10 years down the road. And China is still humming along.
Sure, maybe the tune is a little less jaunty, and the beat is a little slower, but China is not crashing.
The point is pointing out the structural weakness and faults cracking China's economy is all well and good. But if you want to make money, you need your prediction to be more precise. Or it is still just luck.]
The first story is not new. Predictions that China's economic growth is due for a "crash" (if you wanna be dramatic), or a "correction" (if you prefer to be less alarmist) has been circulating. As early as 2009, according to the first article.
And here we are, 10 years down the road. And China is still humming along.
Sure, maybe the tune is a little less jaunty, and the beat is a little slower, but China is not crashing.
The point is pointing out the structural weakness and faults cracking China's economy is all well and good. But if you want to make money, you need your prediction to be more precise. Or it is still just luck.]
Labels:
China,
Economy/Economics,
Economy/Financial,
Government,
Informative,
Money
Friday, January 19, 2018
Ageing population to drag down S’pore’s annual GDP per capita growth for decades: IPS study
By Kelly Ng
18 January, 2018
TODAY
SINGAPORE — If fertility rates in Singapore remain at current levels, the ageing population will cause a drag of 1.5 percentage points on per capita gross domestic product (GDP) growth every year until 2060.
Delivering the finding in a study on Thursday (Jan 18), researchers from the Institute of Policy Studies (IPS) estimated there will be 91 elderly citizens for every 100 working-age Singaporeans by 2080 — up 10-fold from 1980.
This was based on the assumption that total fertility rate stagnates at 1.3, with 20,000 immigrants adding to the population each year, said IPS senior research fellow Christopher Gee in a 20-page paper titled Harnessing Singapore’s longevity dividends: The Generational Economy, Society and Polity.
Wednesday, January 10, 2018
Who is attacking Russia’s bases in Syria? A new mystery emerges in the war.
Washington Post
By Liz Sly
January 9 2018
BEIRUT — A series of mysterious attacks against the main Russian military base in Syria, including one conducted by a swarm of armed miniature drones, has exposed Russia’s continued vulnerability in the country despite recent claims of victory by President Vladimir Putin.
The attacks have also spurred a flurry of questions over who may be responsible for what amounts to the biggest military challenge yet to Russia’s role in Syria, just when Moscow is seeking to wind its presence down.
In the most recent and unusual of the attacks, more than a dozen armed drones descended from an unknown location onto Russia’s vast Khmeimim air base in northwestern Latakia province, the headquarters of Russia’s military operations in Syria, and on the nearby Russian naval base at Tartus.
Russia said that it shot down seven of the 13 drones and used electronic countermeasures to safely bring down the other six. It said no serious damage was caused.
By Liz Sly
January 9 2018
BEIRUT — A series of mysterious attacks against the main Russian military base in Syria, including one conducted by a swarm of armed miniature drones, has exposed Russia’s continued vulnerability in the country despite recent claims of victory by President Vladimir Putin.
The attacks have also spurred a flurry of questions over who may be responsible for what amounts to the biggest military challenge yet to Russia’s role in Syria, just when Moscow is seeking to wind its presence down.
In the most recent and unusual of the attacks, more than a dozen armed drones descended from an unknown location onto Russia’s vast Khmeimim air base in northwestern Latakia province, the headquarters of Russia’s military operations in Syria, and on the nearby Russian naval base at Tartus.
Russia said that it shot down seven of the 13 drones and used electronic countermeasures to safely bring down the other six. It said no serious damage was caused.
Tuesday, January 9, 2018
Oprah for POTUS - lessons or caveats for Democracy
[Here's the set up:]
Oprah for president in 2020? Here’s everything you need to know.
By Elahe Izadi
January 8 2018
It all got brought back up again, at first, because of a joke.
Golden Globes host Seth Meyers stood before Oprah Winfrey, who was set to receive the Cecil B. DeMille award Sunday night and was sitting in the very front of the room. As Meyers opened the awards show, he mentioned his 2011 White House correspondents’ dinner gig, the one where he joked about Donald Trump not being qualified for president.
“Some have said that night convinced him to run. So, if that’s true, I just want to say: Oprah, you will never be president! You do not have what it takes. And Hanks! Where’s Hanks? You will never be vice president. You are too mean and unrelatable. Now we just wait and see.”
Oprah for president in 2020? Here’s everything you need to know.
By Elahe Izadi
January 8 2018
It all got brought back up again, at first, because of a joke.
Golden Globes host Seth Meyers stood before Oprah Winfrey, who was set to receive the Cecil B. DeMille award Sunday night and was sitting in the very front of the room. As Meyers opened the awards show, he mentioned his 2011 White House correspondents’ dinner gig, the one where he joked about Donald Trump not being qualified for president.
“Some have said that night convinced him to run. So, if that’s true, I just want to say: Oprah, you will never be president! You do not have what it takes. And Hanks! Where’s Hanks? You will never be vice president. You are too mean and unrelatable. Now we just wait and see.”
Friday, January 5, 2018
Two dying memoirists wrote bestsellers about their final days. Then their spouses fell in love.
Washington Post
By Nora Krug
By Nora Krug
January 3 2018
SAN MATEO, Calif. — The literary pairing was inevitable.
“When Breath Becomes Air,” Paul Kalanithi’s memoir of his final years as he faced lung cancer at age 37, was published posthumously, in 2016, to critical acclaim and commercial success. “The Bright Hour,” Nina Riggs’s memoir of her final years as she faced breast cancer at age 39, was published posthumously, in 2017, to critical acclaim and commercial success. The two books were mentioned together in numerous reviews, lists and conversations.
Perhaps less inevitable was that the late authors’ spouses would end up together, too.
“I’m still surprised,” said Lucy Kalanithi of her relationship with Nina Riggs’s widower, John Duberstein. “I’m surprised by how ridiculous it is and how natural it is at the same time.”
Sitting across the kitchen table from Lucy last week at her home, John agreed. “Everything seemed almost bizarrely to fit,” he said. “It was kind of stunning.”
The story of Lucy Kalanithi and John Duberstein is both unlikely and destined, the stuff of a rom-com. It begins, tragically, on a death bed.
SAN MATEO, Calif. — The literary pairing was inevitable.
“When Breath Becomes Air,” Paul Kalanithi’s memoir of his final years as he faced lung cancer at age 37, was published posthumously, in 2016, to critical acclaim and commercial success. “The Bright Hour,” Nina Riggs’s memoir of her final years as she faced breast cancer at age 39, was published posthumously, in 2017, to critical acclaim and commercial success. The two books were mentioned together in numerous reviews, lists and conversations.
Perhaps less inevitable was that the late authors’ spouses would end up together, too.
“I’m still surprised,” said Lucy Kalanithi of her relationship with Nina Riggs’s widower, John Duberstein. “I’m surprised by how ridiculous it is and how natural it is at the same time.”
Sitting across the kitchen table from Lucy last week at her home, John agreed. “Everything seemed almost bizarrely to fit,” he said. “It was kind of stunning.”
The story of Lucy Kalanithi and John Duberstein is both unlikely and destined, the stuff of a rom-com. It begins, tragically, on a death bed.
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