Late last month Leqing court in Zhejiang province sentenced a 22-year-old man to one year in prison with an 18-month reprieve and and ordered him to pay 200,000 yuan civil compensation for accidentally hitting a pedestrian while driving and trying to delete a game app on his cellphone.
To understand the weak, deteriorating and fragile growth patterns seen in many countries nowadays and in the global economy as a whole, one should compare what is actually happening with what reasonably comprehensive growth strategies might look like. Of course, there are many policies that sustain high growth, and to some extent they are country-specific. But a few key ingredients are common to all known successful cases.
We have mixed feelings about the acquittal of Chen Man, who was sentenced to death with a two-year reprieve in 1994 on the charge of arson and murder.
Bumper harvests can no longer guarantee handsome income growth for Chinese farmers, especially as global commodity prices have collapsed in recent years.
AT THE RECENT World Economic Forum in Davos, George Soros, the billionaire investor, said that China is headed for a hard landing. A broader view of China's overall economy is needed, says People's Daily:
WANG SHI, board chairman of Vanke Co Ltd, China's leading residential developer, said on Saturday that he does not welcome private enterprises being the largest shareholders of his company.
CAI ZHONGHUA, the head of a local agriculture and animal husbandry bureau in Northwest China's Gansu province, abused his power and utilized his connections to employ 19 of his relatives and acquaintances as civil servants.
The People's Bank of China faces a dilemma.
China's dual burden of malnutrition, which encompasses under nutrition and over nutrition (overweight and obesity), places immense stress on its public health systems and endangers the development of the population.
We are at a crucial juncture in the history of our planet.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
