While the Chinese government has implemented cooling measures including reminding people that property is “not for speculation”, it seems that people are not taking it seriously and still believe that property is a guaranteed investment. Zaobao correspondent Chen Jing takes the temperature of the Chinese property market.
They are well-educated and economically independent with broad interests — and they are not getting married. Why do women account for the majority of singles in China's big cities? What are their thoughts on marriage and love? Zaobao correspondent Chen Jing explores the world of single women in China.
A community hospital in Yiwu, Zhejiang, is offering coronavirus vaccinations to the public, as long as they make online bookings and offer proof of work or study in Yiwu. But how reliable are these proofs, and how effective is the vaccine? Zaobao correspondent Chen Jing finds out more.
The writing was on the wall, but what changes has fintech company Ant Group’s recent IPO suspension sped along for the online microfinance industry? Zaobao correspondent Chen Jing takes a closer look.
Days before the listing of his Ant Group on the Hong Kong and Shanghai stock exchanges, Jack Ma at the Bund Summit in Shanghai criticised the existing global financial supervisory system as not fit for China’s purpose as a young, growing economy striving for innovation. Analysts beg to differ, as China’s enormous financial markets already bear great systemic risk. Is regulation and innovation mutually exclusive?
Heroes in Harm's Way, a Chinese television series based on the Covid-19 pandemic, has drawn flak for inaccurate portrayals and gender discrimination. While the depiction of such a catastrophic event would have touched many a raw nerve in any case, the drama’s lack of finesse in telling China’s story has offended not only those outside China, but those within China as well, especially the young. Writ large, those running China’s inability to frame a credible narrative will only see them lose their cachet at home and abroad.
The fan economy is a huge business in China, driven mostly by young women in their 20s. But while these fans are willing to spend money on their idols, some chalk up mountains of debt to feed their passion. Given that the idols are endlessly trotted out on a conveyor belt and few escape the cookie cutter, how long can the fan economy last?
On an organised visit to Wuhan with other journalists and business representatives, Lianhe Zaobao’s Shanghai correspondent Chen Jing sees a city that appears to be humming away as if the Covid-19 disaster was nothing but a bad dream. Nevertheless, she gets an inkling that many stories of the pandemic are still waiting to be told. She resolves to tell them, all in good time.
After days of delay, the US and China reviewed their phase one trade agreement in a telephone call on 25 August. Both sides sidestepped the question of recent US actions against Chinese companies, but there is no guarantee that this uneasy truce will hold up as the 2020 US presidential race intensifies.