Professor Zheng Yongnian recognises that the economic impact of the coronavirus will be deep. Beyond thinking about whether short-term cash payouts should be given, he mulls over measures that can see China through protracted headwinds. Key is the political will needed to move the country’s strategies away from GDPism, or an obsession with GDP, to those of building social safeguards as the country strives to build a sustainable economy.
Property market
Economy
Economy
Cai Enze analyses the anticipated gains of American private equity investment company Blackstone taking Chinese property developer SOHO China private. ThinkChina also takes a look at SOHO, and the high-profile couple behind it.
Society
Hong Kong leader Carrie Lam delivered "The Chief Executive's 2019 Policy Address" on October 16, amidst Hong Kong’s worst political crisis since the 1997 Handover. She announced housing plans and living subsidies to low-income households. Economist Prof Paul Yip opines that these are too little, too late and the wrong measures for current Hong Kong.