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China’s big challenge for 2022: Getting people to spend money Posted by: superadmin - 12-31-2021, 03:51 PM - Forum: Business, Economy and Investment - No Replies Along with the property market, consumption is one of two areas economists are most concerned about in their China growth outlook. Top leaders in Beijing warned at an economic planning meeting this month that growth faces “triple pressure” from shrinking demand, supply shocks and weakening expectations. “How consumption recovers next year will have a very great impact on the economy,” Jianguang Shen, chief economist at Chinese e-commerce company JD.com said in Mandarin, translated by CNBC. BEIJING — Sluggish consumer spending has dragged down China’s economy since the pandemic, with little relief in sight for 2022. Along with the property market, consumption is one of two areas economists are most concerned about in their China growth outlook. Consumer spending is also the sector that businesses and investors have bet on as they expect China’s middle class spending power to grow in coming years. Top leaders in Beijing warned at an economic planning meeting this month that growth faces “triple pressure” from shrinking demand, supply shocks and weakening expectations. - More -   Fatal for Muda to enter polls alone, says analyst Posted by: superadmin - 12-31-2021, 12:32 PM - Forum: Politics - No Replies PETALING JAYA: Political analyst Azmi Hassan says the new party Muda will make a fatal move if it enters the 15th general election on its own. Azmi said Muda would need an ally, Sabah-based Warisan, if the youth-based party wanted to make a notable impact on Malaysian politics and the coming elections. “It will be suicidal if they go to the general election without an ally,” said Azmi. “I think Warisan is a good choice. Although it is viewed as a Sabah party, its experience in politics will be a good combination with Muda’s youth.” Warisan has reportedly said that it would join forces with Muda, set up by Syed Saddiq Syed Abdul Rahman. The party was officially registered as a political party on Dec 23. - More -   Malay parties must avoid clashing at GE15, say PAS elders Posted by: superadmin - 12-30-2021, 10:03 PM - Forum: Politics - No Replies PETALING JAYA: Umno, Bersatu and PAS should avoid clashing in the coming general election (GE15) so that they can score huge victories, PAS spiritual leader Hashim Jasin said. He said it is crucial for the leaders of the major Malay-Muslim parties in Muafakat Nasional (MN) and Perikatan Nasional (PN) to foster cooperation and exercise openness with each other. “The leaders have to be open and be forgiving to each other, as well as avoid using the media – including the social media – to resolve crises and arguments among themselves,” said Hashim in a statement today. - More -   Illegal bitcoin mining found at 30 premises in Manjung Posted by: superadmin - 12-30-2021, 10:00 PM - Forum: Business. Economy and Investment - No Replies LUMUT: A man was arrested on suspicion of carrying out bitcoin mining activities and being involved in stealing electricity, with a seizure worth RM3.5 million in the Manjung district yesterday. Perak police chief Mior Faridalathrash Wahid said the 28-year-old suspect, who worked at a business premises, was arrested in Ayer Tawar here in a special bitcoin integrated operation with Tenaga Nasional Berhad (TNB) and the Sitiawan fire station from 9am to 10pm yesterday. “Police inspected 75 premises around the district, and 30 of them were found to be carrying out illegal bitcoin mining activities and stealing electricity,” he said at a press conference at the Manjung district police headquarters here today. - More -   China Wants Democratic Nations To Fight Each Other For Interests! Posted by: superadmin - 12-30-2021, 08:41 PM - Forum: Politics - No Replies   Here Is Why In 2021: Only Two Patients Died Of COVID-19 In China Mainland! Posted by: superadmin - 12-30-2021, 08:22 PM - Forum: Covid-19 Pandemic - No Replies   China sets new mark against US bullying with 1st white paper on export controls Posted by: superadmin - 12-30-2021, 04:08 PM - Forum: Politics - No Replies China on Wednesday set a new mark for anti-US bullying, with its first ever white paper on export controls drawing a clear line between the country's approach to safeguarding its interests that is aligned with standard international practice and the US' indulgence in imposing export sanctions, as Washington seeks to crack down on Chinese tech firms.   The policy document puts China, an advocate of a joint push for the healthy development of international export controls, in stark contrast with the US, which is seeking to hook its allies into small circles for export controls, experts said, adding that the policy paper is also a dose of reassurance for foreign investors on China's continuous opening-up. The white paper was released by the State Council Information Office, and consists of four chapters that give a systematic account of its basic position on export controls, improvements that are underway to the legal and regulatory system for export controls, the modernization of the export control mechanism, and the push for international exchanges and partnerships. - More -   A fan of black coffee and dark chocolate? It's in your genes, a new study says Posted by: superadmin - 12-30-2021, 12:11 PM - Forum: Health News - No Replies (CNN)Prefer your coffee black? Then you probably like dark, bitter chocolate, according to new research identifying a genetic basis for those preferences. If that's you, then congratulations -- you are the lucky genetic winner of a trait that may offer you a boost toward good health, according to caffeine researcher Marilyn Cornelis, an associate professor of preventive medicine at Northwestern University Feinberg School of Medicine. "I tell people my cup of tea is coffee research," Cornelis said. "It's a hot topic." Why hot? Because studies find moderate amounts of black coffee -- between 3 and 5 cups daily -- has been shown to lower the risk of certain diseases, including Parkinson's, heart diseases, Type 2 diabetes and several types of cancer. - More -   Gomez has done the honourable thing Posted by: superadmin - 12-30-2021, 10:02 AM - Forum: Politics - No Replies From Clement Stanley Edmund Terence Gomez has resigned from the Malaysian Anti-Corruption Commission advisory panel as a matter of principle. His pursuit of the issue of extensive corporate stocks held by Azam Baki of the MACC has been futile. No one listened to him. He has done the honourable thing. There is no point being in the panel purely for window dressing. If you are there merely to make up the numbers, you might as well not be there When people choose to take up appointments in various NGOs, GLCs and government agencies to enhance their standing in society and become yes men, they are, in fact, doing a disservice to the community. When such people see these appointments as glamorous and exuding a certain amount of power, they would only be embarrassing themselves if they become nothing more than co-conspirators and allies in a situation that smacks of being corrupt to the core. Yes, there could be certain “rewards” by being a part of this “system”. But what does it profit a man to gain the whole world but lose his soul? Time and again, we have seen how playing the role of the three monkeys at boardroom levels has benefited the corrupt and greedy. It is not that it goes unnoticed. It is probably in the know of those who make decisions. - More -   Drop capitalism, give social democracy a try, says academic Posted by: superadmin - 12-30-2021, 09:54 AM - Forum: Politics - No Replies PETALING JAYA: A political scientist has suggested a change in Malaysia’s governing system so that public interest will be the foremost consideration in policy making. Azmil Tayeb of Universiti Sains Malaysia said he would advocate the kind of social democracy practised in Scandinavia and Germany. The Scandinavian countries and Germany have been consistently rated high on the quality-of-life index and they have managed to steer their way out of economic crises without much negative effects on their populations. Azmil said social democracy would be an improvement to the current capitalist system as it would strengthen the social safety net, provide public goods and protect workers’ rights. “It means that certain things such as education, healthcare, housing and others will be the responsibility of the government and cannot be fully privatised for profit,” he told FMT. - More - Pages (835): « Previous 1 … 431 432 433 434 435 … 835 Next » Jump to page: