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This tag is associated with 4 posts

Prague refuses Beijing’s demand to recognise Taiwan as part of China


On a typical day, Prague’s City Hall is buzzing with discussions about contracts to upgrade the centuries-old city’s network of cobblestone streets or sewers. But this month, assembly members have been debating a bigger topic — China, and what to do about it. “This is clearly a topic for our Ministry of Foreign Affairs, and … Continue reading

What could derail a middle class China?


Every investor knows about the middle income trap.That’s when countries hit a certain income level, say around $15,000 annually per head, and growth ceases to impress. The economy moves slower. It goes through bouts of recessions, some steeper than others. Middle class economies contract.  Poorer economies on route to middle classdom, expand. China is far from … Continue reading

China to Poland railroad begins operations


According to the agency PAP, the first direct container train from China arrived on Wednesday at Poland‘s Łódź Olechów station. It had followed a route of almost 10 thousand kilometres through China, Kazakhstan, Russia and Belarus, taking fifteen days. This is much faster than the supply of containers to Europe by sea. As reported last … Continue reading

The number of millionaires in China


“Employing forecasts from the International Monetary Fund, Credit Suisse expects total household wealth to rise by almost 50% in the next five years from US$223 trillion in 2012 to US$330 trillion in 2017, assuming moderate and stable economic growth. The number of millionaires worldwide is expected to increase by about 18 million, reaching 46 million in 2017. China is expected to add … Continue reading

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