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Current Events in China: October 1

Posted on | September 30, 2012 | Comments Off

China Manufacturing Slowdown Persists Before Handover

China’s manufacturing contracted for an 11th straight month, a private survey found, increasing pressure on the government to bolster growth in the world’s second-largest economy.  Read more

Big money bets on China growing old, and rich

At the Happy Community housing development in Beijing, China’s largest property developer is setting aside 24,000 square meters (258,000 sq ft) for active seniors to test whether this rapidly ageing nation will pay for Western-style retirement living.  Read more

In urban Taiwan, indoor shrimp fishing is booming

Shrimp fishing in Taiwan has moved indoors over the years, and it now is a popular activity among city dwellers in Taipei and elsewhere.  Read more

Beijing’s Sept. land sales second highest on record

The Beijing municipal government netted 25.74 billion yuan (4.06 billion U.S. dollars) in land sales in September, the highest for a month since Dec. 2010, new data has revealed.  Read more

Without gov’t help, bereaved elderly suffer under one-child norm

When Wu Rui’s 12-year-old daughter died she lost not just the only child she would ever have but also her source of security and support in old age.  Read more

Polo power: China’s nouveau riche flock to playing fields

Polo enjoys resurgence across Beijing and Shanghai as rich and powerful revel in opportunity to flash their cash.  Read more

Surveys hint at poor level of social mobility in China

To what extent does your family background affect your life? A survey in China has found that parents’ occupations do have some effect on the jobs of their offspring. Yet another survey shows that most people still believe one’s fate can be changed, reports our sister newspaper China Times.  Read more

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