Thursday, 1 December, 2022
TopicChinese economy

Topic: Chinese economy

This is how China’s provinces compete to bring new projects. It’s called localised bargaining

China's regional officials lobby ministries for infrastructure projects at their high-end 'Beijing offices' where they also operate hotels, bars, restaurants, karaoke boxes.

Growing frustration in youth has the Chinese govt worried. It sees solution in hukou

Hukou is a household registry allowing citizens to access social benefits, education, purchasing property, and other government services in the area they live.

India, China will soon be ‘economically sick’ after Covid subsides. Here’s how to avoid it

Emerging Asia can fall into an inequality trap after Covid. The poorest have been hit hardest by a reduction in their incomes. But there are remedies.

Communist Xi explains capital’s benefits as Chinese executives speak up on economic crisis

Business leaders now openly say that Beijing’s zero-Covid policies are slowly destroying the economy. It is becoming difficult for many to justify Xi’s ‘common prosperity’ campaign.

China faces worst economic slowdown since pandemic, Nomura says

The slowdown in China’s growth worsened in the first quarter and markets should be concerned about a further slide in the second, economists at Nomura Holdings said.

Ladakh standoff cost China more. Look at its ‘chocolate soldiers’, big tech failure

Despite a host of ‘peace agreements’ over the last 3 decades, China’s costs have been mostly intangible but intensely damaging and acute.

‘Rising Star’ to ‘Red Roulette’ — Here is what you need to read on China

Domain expert Aadil Brar brings you a shortlist of books and papers you need to understand Chinese society and external relations.

SubscriberWrites: How Indian real estate can save itself from an Evergrade crisis

While India is unlikely to experience an Evergrande-like crisis, its miniature version can be dauting too. Owning a house is still a big expenditure for most, writes Deepesh Salgia.

Revolt by doing nothing — Chinese youth are lying in bed to protest tough jobs, low pay

Tang Ping, or ‘lying flat’ is passive resistance in a country notorious for its burnout-inducing ‘996’ working hour system, besides other demands.

Don’t get fooled by Xi’s media blitz. China’s ‘zero poverty’ hides more than it reveals

China wants the world to believe its 'state-led development' has eradicated poverty. But as everything else with China, the reality is more complicated than what it seems.

On Camera

YourTurn

A group picture of Supreme court judges at Supreme Court in New Delhi | Praveen Jain | ThePrint

Ambedkar rejected collegium system, said CJI supremacy on judges’ appointment is dangerous

In May 1949, the Constituent Assembly debated the Collegium system, only to reject it thrice. Now the SC is assuming that role once again.
Representational image | Reuters

India’s economic growth at 6.3% for second quarter, slower than previous months

Government capital spending increased more than 40% during the quarter as it stepped up expenditure on roads to railways, according to official data on Wednesday.

Defence

A soldier with 'Arjun', a black kite trained to down enemy drones, during the Yudh Abhyas exercise being held in Auli, Uttarakhand | Suraj Singh Bisht | ThePrint

It’s a plane, no it’s a bird! Army’s training eagles & falcons to swoop down on hostile drones

The birds are also being trained for surveillance at Remount Veterinary Corps Centre in Meerut, with cameras fitted to their heads to record videos.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.