Friday, 10 June 2011
Chinese grads leaving big cities looking for lower living costs
More than 22 percent of college graduates in China choose to leave Beijing, Shanghai and Guangzhou after three years of toiling in those megacities, where the opportunities are becoming scarcer.
Property price surge ‘cannot go on forever’
Khaw Boon Wan addresses issue close to heart of Singaporeans as H2 land sales programme is released
Thursday, 9 June 2011
Wednesday, 8 June 2011
Leftover women in Hong Kong to look for Mr. Right in mainland China
“剩女” Shengnv (Leftover Women is now a buzzword in China to refer single or unmarried women over the age of 25. There are many different hierarchies of the left-over women. Single women between 25-30 are called “剩斗士” sheng dou shi (Left-over fighters), as women in this age range still have the energy and hope to find true love. Between 30-35, they are called “必剩客” bi sheng ke(pronounced the same as Pizzahut in Chinese, means literally “must win”), suggesting their chances of getting married are pretty small. For those above 35 years old, they are the “齐天大剩” qi tian da sheng (Leftover Kings, pronounced the same as the Monkey King in Chinese literally means heavenly leftover), because they have been viewed by many.
Russia Says IMF Chief Jailed For Discovering All US Gold Is Gone
A new report prepared for Prime Minister Putin by the Federal Security Service (FSB) says that former International Monetary Fund (IMF) Chief Dominique Strauss-Kahn was charged and jailed in the US for sex crimes on May 14th after his discovery that all of the gold held in the United States Bullion Depository located at Fort Knox was ‘missing and/or unaccounted’ for.
Read full article
300,000 yuan a square metre? That’s too rich
The owner of Beijing’s No 7 Diaoyutai, branded “the most expensive home in China”, has been ordered to suspend sales of its remaining apartments and submit to official investigation.
Monday, 6 June 2011
Hong Kong House Prices May Fall 30% on Rates, Barclays Says
Hong Kong home prices are likely to fall as much as 30 percent as banks increase mortgage rates, according to Barclays Capital Asia Ltd.
China: One nation, many bubbles
Home prices have been driven skyward by cheap money, middle class and city dwellers, but they need to come down
China’s maturing aerospace industry
Beijing has come a long way since building its first plane in the 1960s
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