Watch! Shanghai’s retirement communities model a future for China’s Boomers

Who is considered old? The UN defines an older person as anyone over 60. In 2017, the global population aged 60 and older is growing faster than all younger groups. Countries everywhere are getting older. But the speed and scope of China’s population aging is unprecedented, exacerbated by decades of its one-child policy. By 2030, China will have almost 500 million people … http://bit.ly/2RVSBRK

To Give is Glorious

DECADES OF RAPID economic growth have spurred the development of philanthropy in China. Recognising this, since 2005 the Ministry of Civil Affairs has held a prestigious annual charity award to celebrate the philanthropic achievements of entrepreneurs, government officials, and others working in the sector. Some philanthropists are motivated by tax advantages or to transf … http://bit.ly/2vbOqYS

As Trade Tensions Rise, Fewer Americans See China Favorably

Concerns about China include economic threats, cyberattacks, environmental damage and human rights. Trade disputes have dominated relations between the world’s two biggest economies in recent weeks, as Washington and Beijing have slapped tariffs on goods from their respective countries. Although tensions over trade are hardly new, they have intensified during the Trump … https://pewrsr.ch/2N7CVYE

What a controversial pastry says about China’s economy – Reading the crumbs

Mooncakes are a useful indicator of trends, from consumption to corruption. MOONCAKES are among the most divisive treats. For some the chewy pastries are delicacies on which to gorge for the Mid-Autumn Festival, a Chinese holiday that falls this year on September 24th. For others they are dry, dense and full of calories. But for economists they are something else entirely: … https://econ.st/2NYgjOP