China’s Economic Future – The Coin Toss
Arthur Kroeber, Managing Director of GK Dragonomics and Editor of the China Economic Quarterly shared, in a breakfast seminar co-organised by IsCham Beijing, the German Chamber of Commerce and the Swedish Chamber of Commerce, his opinions on where China is headed, economically in the years ahead and what the Chinese government could do to stay on its current track of rapid growth. Kroeber strongly believes that China still possesses the potential to sustain a 7-8% average real GDP growth annually over the next decade. Coupled with Beijing’s recent introductions of various...
Read MoreA Good Morning and Beijing Shop Fronts
It was another regular workday as I scoot-ed my way to work. As I came to a stop at a junction, a perky and rousing music caught my ears. It was coming out of a shop called 北京同仁堂 (A popular Chinese medicine shop). The staff had ‘fall-in’ outside the shop. From afar, they seem to be flinging their hands and feet in an almost 3/4 hearted unison. I couldn’t help but stare and wonder in awe: just why are they doing what seemed to be morning exercise, in front of a major road junction, complete with flyover and expressway, amidst the horn orchestra of Beijing’s...
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