Chinese people’s domestic consumption of luxury goods was 25 billion US dollars in 2014, down by 11 percent from the previous year, while their luxury consumption in overseas market grew by more than 9 percent annually to 81 billion US dollars last year, said a report issued by the Fortune Character Institute. 2015-2-2 03:14 from Sina...Read More
Category: Weibo Monitor
The International Monetary Fund (IMF) has lowered its forecast for the 2015 and 2016 global economic growth to 3.5% and 3.7%, citing the weakness in most major economies. China reveals its lowest year-on-year GDP growth of 7.4% since 1990. 2015-1-20 01:31 from Sina...Read More
India’s economic growth is expected to overtake China’s by 2016, the International Monetary Fund (IMF)’s projection showed on Tuesday as the multilateral agency revised down global growth due to new risks. 2015-1-26 01:39 from Sina...Read More
Beijing News recently confirmed China has joined the International Anti-Corruption Academy or IACA. The academy provides specialized training to crack down on corruption. China becomes the 59th country to join IACA. 2014-12-18 21:39 from Sina...Read More
Jun 23, 2014 | Weibo Monitor |
The Global Times: According to The Huffington Post, the U.S. wants to preserve its position as the keystone of regional order in Asia and continue its leading role in U.S.-China relations. On the other hand, China wants to change the status quo, as its leaders repeatedly call for a “new type of major-power relationship.” It is no longer willing to follow the U.S.’s lead, causing concern for the U.S. that China is pushing it out of Asia and establishing a Chinese version of regional hegemony. Published on June 22 at 2:00pm by Tecent Weibo ...Read More
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SR: The Week’s China Reads
Every week, China Program’s Senior Advisor Dr. Robert A. Kapp compiles a reading list and provides commentary, for you to better understand China.
Robert A. Kapp is senior advisor to the China Program at the Carter Center. He has been principal of Robert A. Kapp and Associates, a business consulting firm, since 2004. From 1994 through 2004 he served as President of the United States-China Business Council…