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Media Report
August 28 , 2018
  • CNN：China moves to end two-child limit, finishing decades of family planning
    CNN reports: "The Chinese government could be moving to end birth restrictions, amid growing concerns over an aging population and a dropping birth rate. Under current family planning rules, the majority of Chinese couples are limited to two children, following an easing of the country's notorious "one-child policy" in 2016. These restrictions now look set to be further relaxed under a new draft reform to the country's Civil Code, potentially allowing families to have multiple children for the first time in decades... The revised code won't be completed until March 2020 and there is no indication yet how exactly the change would be made, or whether any other restrictions or conditions might remain on Chinese families."
  • CNBC：Stocks say China's economy is in bad shape. Steel prices tell a very different story
    CNBC reports: "The Nanhua rebar steel futures index is up 22 percent this year. The Shanghai composite, meanwhile, has declined 16 percent. Steel prices reflect the current state of the real economy, while stocks represent market sentiment on the growth outlook, said Larry Hu, head of greater China economics at Macquarie. Monthly economic reports indicate growth is slowing, but more accurate data that comes out less frequently points to a more stable picture, according to Nicholas Lardy, a senior fellow at the DC-based Peterson Institute for International Economics."
  • Bloomberg：What Does a Chinese Superpower Look Like? Nothing Like the U.S.
    Bloomberg reports: "What struck Wang Wen about Antarctica, beyond the brutality of the December cold, was the scale of U.S. operations in such an inhospitable environment and the American flag fluttering by the sign that marks the geographic South Pole. Observing the academic mission of hundreds of U.S. scientists in a region rich in resource potential, he was determined that China must catch up. The report Wang wrote this summer for the Chongyang Institute for Financial Studies at Renmin University of China in Beijing, where he's executive dean, reflects China's growing dilemma as it muscles its way into an international system it didn't create."
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