Another relatively slow news week. Big skillset mismatch with new college grads, sympathize with (unemployed) former students at the colleges I taught at. Thanks to Xiao for a couple links.
- Disruptions: Helper Robots Are Steered, Tentatively, to Care for the Aging from The New York Times (this is relevant to the aging population in China as well)
- India-China Agreements: No. 1, Buffalo Meat from The Wall Street Journal (beat the US to market access)
- Li Keqiang discusses trade, border disputes with Indian prime minister from Shanghaiist
- iPad obsession hurting child’s development, warns expert from People’s Daily (will this impact apple’s or other tech firm revenue earnings? probably not in short run, if ever)
- Inflation Deflated? Evaluating the ‘Alibaba Index’ from The Wall Street Journal (uses a different methodology, not apples to apples)
- First-tier cities barely livable, report says from China Daily (believable, i have worn a mask daily this past month, air has been quite poor this year in Shanghai which is actually “less worse” than BJ or GZ)
- Amid Austerity, A Lush New Temple to Luxury Wines in Shanghai from The Wall Street Journal
- The world’s tallest building will be in the middle of an empty field in China from Quartz (what will the vacancy rate be like in 2 years? who is financing it?)
- China’s red-hot property market shows no signs of slowing from CNN|Money (while environmental quality might be poor, many people from the countryside dream of working in “the big city” — deleterious effects for arbitrarily calculating what the rate should be for property)
- Art in China: On script and cutting edge? from CNN
- An Estimate of Excess Borrowing by Chinese Corporations from Peterson Institute for International Economics
- Chinese graduates face toughest job market ever from Financial Times (7 million new college grads, only 30% have signed contracts for a job)