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As one of the Four Asian Tigers, Singapore is known for its strong economy and orderly society. The city-state, with its population of 5.3 million people, is listed by the World Bank as fourth in the world in terms of per capita income. As a regional business hub, it is lauded for its sound business reputation and the transparency of its government.Singapore has also been
The expected launch of land reform is dividing opinions. At a work meeting this month, the Minister of Land and Resources, Jiang Daming, said the central government would limit land supply in cities with more than five million residents. His words ignited a storm.To be fair, he spoke in the spirit of the resolution from the recent Third Plenum of the Communist Party’s
Li Xin is the Managing Director of Caixin Global, the English-language arm of China’s most authoritative financial news source, Caixin.
Corruption involving the country’s state-owned enterprises (SOEs) has hogged the headlines. So far, senior executives at China National Petroleum Corp. have been sacked, former railways officials have been hauled to court and, most recently, news broke that two executives at COSCO are also being investigated.There has been no shortage of ideas on how to reform the sector. At
The turn of the year brought news that President Xi Jinping will take the helm of the new leading group for overall reform.This group is a key part of China’s reform drive.