China’s pension system, once a robust state-supported scheme, has evolved into a three-tiered structure: a state-endorsed public pension, enterprise annuities, and personal pensions. While the public …
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Recent Posts
China’s Retirement Crisis and Its Impact on Weak Consumption
China’s Moves Away From US Dollar Hit New Milestone
China continues to offload U.S. treasuries while buying up gold and other commodities in what some analysts say is a move to hedge against future reprisals.
Colby Cosh: The bipartisan consensus against risky coronavirus research in China
On Wednesday, the United States Department of Health and Human Services (HHS) issued a legal notice to the EcoHealth Alliance , the disease research NGO that has found itself at the heart of a …
Themed weeks of activities rolled out during Beijing Museum Month
Themed “Making studying more enjoyable,” Beijing Museum Month was launched at the Beijing Grand Canal Museum on Saturday. At least 400 visitors attended the opening ceremony. During the ceremony, the Beijing Municipal Cultural Heritage Bureau…
Xi takes off the mask: The Beijing tyrant has spent 12 years wrecking China’s image
Xi Jinping ‘s recent European tour was an unprecedented spectacle in international affairs: an Asian leader was arriving as representative of a great power to lesser nations of an anxious continent. China’s strongman landed in…
Africa keen for more Chinese development finance, despite economically bumpy road towards FOCAC summit
Chinese and African diplomats have started to negotiate the agenda for the Forum on China-Africa Cooperation (FOCAC) taking place in Beijing later this year. Concessional development finance, …
China’s high-speed railway in Indonesia is adding trips – but debt could hold back the gravy train
A Chinese high-speed railway line in Indonesia has been open for six months – and is popular enough that new trips have been added – but high debt levels are raising questions about its long-term…
China’s GT Show Highlights the Rapid Growth of Its Aftermarket and Tuner Car Culture
China hosts a massive GT Show featuring 1,000+ brands, 700 show cars, and aftermarket products, growing rapidly each year. Car culture in China thrives with tuner & aftermarket shows, attracting car …
Massive Scam Ring of China-Based Fraudsters Stole $50 Million via Tens of Thousands of Fake Webshops
Fraudsters based in China have stolen the credit cards of 850,000 people in the United States and Europe via tens of thousands of fake webshops and earned $50 million through fake orders.
China’s April aluminium imports jump 72.1% year-on-year
BEIJING: China’s April imports of unwrought aluminium and products jumped 72.1% on-year to 380,000 metric tons, customs data showed on Saturday. The data include primary metal and unwrought, alloyed aluminium.
US envoy to Japan visits disputed East China Sea islands in show of unity against Beijing
Rahm Emanuel visited Ishigaki and Yonaguni, an island facing Taiwan, where he interacted with Japanese troops and the local fishing community.
Zelensky wants China at Ukraine peace talks, cites ‘influence on Russia’
Volodymyr Zelensky said Ukraine wants to work with countries like China with “influence on Russia” as his country faces a renewed Moscow offensive, urging Beijing to attend peace talks next month.
How China’s Retirement Crisis Is Contributing to Weak Consumption
Demographics and a feeble economy are straining both China’s pension system and the family tradition of children caring for aging parents.
