Academic Chen Gang notes that while China needs to reform its current economy to maintain growth, whatever adjustments that are made will have to be bearable for the people. Also, some measures may be painful, but necessary.
Central vs local government
Society
Harbin has seen an explosion of tourists this Chinese New Year season, and it is pulling out all the stops to welcome them, sometimes to the chagrin of locals. However, can this wave of tourism be sustained, and improve Harbin’s economy? Lianhe Zaobao correspondent Daryl Lim takes a trip to China’s land of snow and ice.
Politics
Commentator He Qinglian notes that Operation Lone Star launched by Texas governor Greg Abbott — who has refused to remove the wire fence at the Mexico border — is a signal to the Biden administration and also the Supreme Court about what the people truly desire in terms of immigration policy.
Politics
Public opinion has continued to sway judicial justice in China since ancient times, according to EAI senior research fellow Lance Gore, and this reflects the lack of rule of law in the country and the problems with an authoritarian regime. He discusses why China has not been able to modernise its governance system and the possible reforms to right the wrongs.
Politics
Political analyst Wang Qingmin notes that given the near-total power of the Chinese government over Hong Kong, perhaps Beijing can afford to show more tolerance towards the people and government of Hong Kong. This might actually encourage the moderate pan-democrats who love Hong Kong to contribute, which would also benefit mainland China.
Economy
As China’s financial system remains plagued by trillions of dollars in local governments’ hidden debt, policy makers may need to take drastic measures to solve the problem.
Society
Local governments in Chinese cities are taking extra measures to encourage couples to marry early and have children. However, given the youth’s shifting values and society’s tolerance for singlehood, these measures are falling short. Meanwhile, netizens are lamenting that government policies should not be coercive or objectify women.
Economy
In a bid to boost home purchases in what has normally been the peak sales period of September and October, Guangzhou and Shenzhen have announced preferential policies for homebuyers. However, Lianhe Zaobao correspondent Chen Jing notes that market confidence is still at a low; are the new policies enough to boost the Chinese property market’s recovery?
Economy
Erratic and unreasonable governance of local governments and a shift in public opinion towards left-wing ideology are just some of the causes for the private sector’s lack of confidence in China, says academic Han Heyuan. Even with the latest measures to boost the sector, government efforts seem to fall short of expectations.