By He Qinglian on February 5, 2016
Source article in Chinese: 中国经济衰退，资源国发展梦碎
This abridged translation first appeared in the Epoch Time on February 22, 2016
While charging ahead to become the world’s second largest economy by
gross domestic product, China devoured a massive amount of all kinds of
metals, fuels, and crops from around the world. Australia, along with
countries in Africa and South America, built its own dreams of
prosperity on China’s rapid growth. The present recession in China
therefore affects not only Chinese people but also dozens of developing
countries prepared to sell mineral resources to China.
Unemployment: China’s Biggest Economic Woe
By He Qinglian on December 29, 2015
Source article in Chinese: 2015年中国经济关键词：失业
This abridged translation first appeared in the Epoch Time on February 2, 2016
If you are looking for a single word to summarize China’s economic situation in the year just gone by, it is “unemployment.” The flood of bankruptcies, flight of foreign investment, 300 million migrant workers losing their jobs, the government forcing troubled state-owned corporations to remain open, its giving jobs to veterans, and policies encouraging migrant workers to return to their hometowns to start new enterprises—these are all about unemployment.
Source article in Chinese: 2015年中国经济关键词：失业
This abridged translation first appeared in the Epoch Time on February 2, 2016
If you are looking for a single word to summarize China’s economic situation in the year just gone by, it is “unemployment.” The flood of bankruptcies, flight of foreign investment, 300 million migrant workers losing their jobs, the government forcing troubled state-owned corporations to remain open, its giving jobs to veterans, and policies encouraging migrant workers to return to their hometowns to start new enterprises—these are all about unemployment.
Achilles' Heel of China's Foreign Currency Reserves
By He Qinglian on January 14, 2016
Source article in Chinese: 中国外储的阿喀琉斯之踵何在？
Right at the very beginning of 2016, the way the Chinese government manages the country’s stock market and currency exchange market has drawn a chorus of criticism. In response, the Chinese government announced the suspension of the “circuit breaker” of the stock market, and, at the same time, steps up its control over the currency exchange market.
Source article in Chinese: 中国外储的阿喀琉斯之踵何在？
Right at the very beginning of 2016, the way the Chinese government manages the country’s stock market and currency exchange market has drawn a chorus of criticism. In response, the Chinese government announced the suspension of the “circuit breaker” of the stock market, and, at the same time, steps up its control over the currency exchange market.
Disappearance of Chinese Tycoon Guo Guangchang
By He Qinglian on December 13, 2015
Source article in Chinese: 履险如夷的郭广昌还能平安否？
This abridged translation first appeared in the Epoch Time on December 28, 2015
The year 2015 was an unlucky one for wealthy tycoons in China. Many government officials and business tycoons were sent to prison or have committed suicide. The lucky ones chose to escape overseas. Among the many pieces of news, the one receiving the most attention was about Guo Guangchang, chairman of the board of Fosun Group. It was first said that he had disappeared, and later reported that he was “assisting in an investigation.” Guo once stated that he and his core team members would never acquire a foreign passport.
Source article in Chinese: 履险如夷的郭广昌还能平安否？
This abridged translation first appeared in the Epoch Time on December 28, 2015
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