Asia

The Coming Collapse of the Developing World

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In Europe, North America, Oceania and East Asia, the Covid-19 pandemic has been a tragic, wrenching experience, creating more depressed and divided societies. Yet, as we have been gazing obsessively at our own problems, a spectre infinitely worse is emerging in the most populous, fastest growing and least resilient parts of the world.

Covid has caused a deep crisis in the already suffering developing world, which contains nearly half of all humanity. And this will have serious implications for the future of the world economy and political order.  read more »

International Traffic Congestion Extinguished by Pandemic and Remote Work

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The 2020 TomTom Traffic Index reflects a huge drop in worldwide urban traffic congestion levels. Congestion levels (rated by the percentage of additional time required for auto travel during “rush hour”) dropped in 387 urban areas while increasing in only 13.  read more »

China 2020 Census: Provincial Level Data and Context

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China added 70 million residents between 2010 and 2020, according to the seventh national population census, taken on November 1, 2020. This increase surprised some, such as the Financial Times, which had predicted a loss less than three weeks before the results were announced.  read more »

Winners and Losers: The Global Economy After COVID

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The COVID-19 pandemic has transformed the world economy in ways that will be debated by pundits and future historians for decades to come. Yet, as hard as it is to predict a disrupted future accurately, the pandemic (not to mention its probable successors) looks likely to produce clear economic winners and losers.  read more »

Biden’s Actions Are Encouraging Supply Chain Dependencies From Foreign Sources

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Despite President Biden’s February 24th vocal concerns about America’s growing dependence on unreliable foreign sources for the supply chain of materials and products to support electric cars, pharmaceuticals, hospital supplies to address the COVID-19 pandemic, and military hardware, his actions are directly opposite of his vocal concerns, as they are encouraging national security concerns.  read more »

China Freight Volumes Hold Steady in Pandemic Year

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China’s National Bureau of Statistics has just published freight transportation statistics for 2020. It tells much about China’s seemingly inexorable rise and its ties to the tangible economy. While different from most in the West, its stolidity and trajectory are fairly well-established.  read more »

The Dark Side of Japan's Bullet Trains

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In 1964, the Japanese National Railways (JNR) was on a roll. The state-owned but largely unsubsidized company had just finished seven years of uninterrupted profits. Moreover, in 1964 it opened the Shinkansen (meaning new main line) between Tokyo and Osaka in time for the Summer Olympics.  read more »

Demographia International Housing Affordability – 2021 Edition

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The Urban Reform Institute and the Frontier Centre for Public Policy are pleased to present the 2021 edition of Demographia International Housing Affordability. This report provides housing affordability ratings, using the median multiple, a measurement of income in relation to housing prices, or 92 major markets (metropolitan areas) in eight nations for the third quarter of 2020.  read more »

China Rediscovers Rural Life (Cue Applause)

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Another period of singing the virtues of Chinese Communist Party (CCP) direction seems upon us, at least when it comes to steering an economy.  Just as after the Great Recession of 2008-9, China’s rebound from the Coronavirus Covid-19 has led the world. Of course, the official statistics always bear scrutiny, and public debt levels probably lend a false note to stimulus measures. But a 4.9% growth rate in third-quarter GDP looked great.  read more »

Xi'an: Ancient and Modern: The Evolving Urban Form

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Xi’an (pronunciation) is located in central China, on the Wei River, a tributary of the flood-prone Yellow River (Huang He). Xi’an is at the bottom of the “Ordos Loop” (see Surprising Ordos: The Evolving Urban Form), which is formed by the Yellow River’s sharp northward turn upstream at Lanzhou, toward Inner Mongolia (Nei Mongol).  read more »