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Media Report
April 18 , 2016
  • The New York Times：Chinese Housing Market Shakes Off a Slump
    The New York Times reports: "China's slowdown — which has cast a shadow over the global economy and worried investors around the world — stems in part from a deep slump its its crucial property market. Now that slump appears to be easing, as construction cranes return in some cities and real estate offices in some of the best neighborhoods fill up again with buying customers. Prices for new homes in the country's biggest cities are rising sharply, led by the southern boomtown of Shenzhen, where prices jumped a staggering 62 percent in March, compared with the same period a year earlier, according to official data released on Monday....Some economists estimate property accounts for as much as a quarter of China's gross domestic product."
  • The New York Times：China's Vaccine Scandal Threatens Public Faith in Immunizations
    The New York Times reports: "The faulty vaccines have become the latest lightning rod for widespread, often visceral distrust of China's medical system, as well as a rebuff to what many Chinese critics see as President Xi Jinping's bulldozing, top-down rule. The scandal is just the latest crisis to shake public faith in China's food and medicine supplies, but it is the first big scare under Mr. Xi, who had vowed to be different. He had come into office promising to 'make protecting the people's right to health a priority.' 'If our party can't even handle food safety properly while governing China, and this keeps up, some will wonder whether we're up to the job,' Mr. Xi said in 2013, the year he became president....To many here, the combination of lax regulation and the secrecy surrounding a potential public health crisis seems like déjà vu."
  • The Washington Post：Twitter's new China head makes spectacularly awkward debut
    The Washington Post reports: "On Friday, Twitter founder Jack Dorsey welcomed [Kathy] Chen, a software engineer who once worked for the People's Liberation Army, as the company's new managing director for 'Greater China,' which includes, in Twitter's view, Hong Kong, Macao and Taiwan. The same day, Chen published her first couple of tweets. Those tweets — you can read all 18 of them — have since come under intense scrutiny, with Chinese netizens in particular questioning her links to the ruling Chinese Communist Party and her apparent plans to collaborate with the party-controlled press."
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