I work for myself, and when I travel to China on business I have the “luxury” of sleeping on trains and in hostels, and getting around during the day by bicycle. This spring I made a circuit from Beijing to Chengdu (in western China), to Wuhan (right in the middle), and to Shanghai (east coast), before heading back to Beijing. Ostensibly I was there to hunt down consumer trends. read more »
After years of closing the gap with the United States, China built enough freeways in 2013 to amass the greatest length of freeways in the world. Between 2003 and 2013, China expanded its national expressway system, with interstate (motorway in Europe) standard roadways from 30,000 to 105,000 kilometers (18,000 to 65,000 miles). This compares to the 101,000 kilometers (63,000 miles) in the United States in 2012. read more »
China's recent decision to reverse – at least in part – its policy limiting most couples to one child marks a watershed in thinking about demographics. Yet, this reversal of the 30-year policy may prove unavailing due to reasons – notably dense urbanization and high property prices – that work against people having more children.
China already faces a demographic crisis unprecedented for a still-poor country. By 2050, China will have 60 million fewer people under 15 years of age, while the over-65 population grows by 190 million, approximately the population of Pakistan, the world's sixth-most populous country. The U.S. Census Bureau estimates that China's population will peak in 2026, and then will age faster than any country besides Japan; most of the world's decline in children and workers ages 15-19 over the next two decades will take place in China. read more »
The world’s largest economies seem engaged in something like the children’s game of “musical chairs.” For years, the United States has been the world’s largest national economy, though in recent decades the integrated economy of the European Union has challenged that claim given that the region includes four of the ten top national economies, Germany, the United Kingdom, France and Italy. The most recent data, reflecting the deep European recession, indicates that the top position has been retaken by the United States. read more »
Viewed from a 50-year perspective, the rise of East Asia has been the most significant economic achievement of the past half century. But in many ways, this upward trajectory is slowing, and could even reverse. Simply put, affluence has led many Asians to question its cost, in terms of family and personal life, and is sparking a largely high-end hegira to slower-growing but, perhaps, more pleasant, locales. read more »
Less than 35 years ago, China established its first special economic zone in Shenzhen, a prefecture (Note) bordering Hong Kong. This model is about to be expanded with the establishment of a new financially oriented free-trade zone in Shanghai, which could prove a major breakthrough in that city’s quest to become East Asia’s financial capital. read more »
OK, I get it. Between George W. Bush and Barack Obama we have made complete fools of ourselves on the international stage, outmaneuvered by petty lunatics and crafty kleptocrats like Russia’sVladimir Putin. Some even claim we are witnessing “an erosion of world influence” equal to such failed states as the Soviet Union and the French Third Republic. read more »
To paraphrase the great polemicist Thomas Paine, these are times that try the souls of optimists. The country is shuffling through a very weak recovery, and public opinion remains distinctly negative, with nearly half of Americans saying China has already leapfrogged us and nearly 60 percent convinced the country is headed in the wrong direction. Belief in the political leadership of both parties stands at record lows, not surprisingly, since we are experiencing what may be remembered as the worst period of presidential leadership, under both parties, since the pre-Civil War days of Franklin Pierce and James Buchanan. read more »
Skyscrapers have always intrigued me. Perhaps it began with selling almanacs to subscribers on my Oregon Journalpaper route in Corvallis. I have continued to purchase almanacs each year and until recently, the first thing I would do is look in the index for "Buildings, tall” in the old Pulitzer The World Almanac, the best source until the Internet.
My 1940 edition is the first in which “Buildings, tall” appears. The world of skyscrapers has changed radically through the years. read more »
Nanjing is one of China's most historic cities. It is one of the four great ancient capitals of the nation, along with Beijing, Chang'an (Xi'an) and Luoyang. Its name means southern capital (Nan=south, Jing=capital), while the name of the current capital, Beijing means Northern capital. read more »