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Economist, Nov 14, 2015 (I)

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楼主
发表于 11-17-2015 16:19:27 | 只看该作者 回帖奖励 |倒序浏览 |阅读模式
(1) Politics | The North Star; China’s youngest provincial governor is on a long road to national power.
http://www.economist.com/news/ch ... al-power-north-star
(since 2013 Heilongjiang governor LU Hao 陆昊)

Note:
(a) "around the time of the party’s 20th congress in 2022 * * * Mr Lu will have a chance to shine, likely as one of the (now seven) members of the Standing Committee. He will then be 55, a year older than Mr Xi was when he joined the body in 2007. That would give Mr Lu a good few years at the top."

good (adv): "—used as an intensive <a good long time>"
http://www.merriam-webster.com/dictionary/good
(b) "Its [Heilongjiang's] oilfields are well past peak output, and, thanks to low oil prices, far less lucrative. Trade across its long border with Russia is hampered by Russia’s economic woes and its much-devalued rouble. The coal industry, another economic pillar, is suffering from overcapacity thanks to a slump in demand as China’s growth slows. One of the province’s largest employers, Longmay Group, announced in September that it would reduce its 240,000-strong mining workforce by 100,000 within three months.

Heilongjiang LongMay Mining Holding Group Co, Ltd  黑龙江龙煤矿业控股集团有限责任公司 (省属国有)
(c) "Mr Lu has a nearby scapegoat: Russia. He blames it for failing to develop transport facilities on its side of the frontier. * * * Crucially, Mr Lu is widely believed to be a protégé of President Xi.


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沙发
 楼主| 发表于 11-17-2015 16:20:02 | 只看该作者
(2) Taiwan’s economy | Straitened Circumstances; Weaker growth exposes the downside of ties with China.
http://www.economist.com/news/fi ... tened-circumstances

Quote:

"A recent meeting between Mr Ma and Xi Jinping, China’s president, in Singapore—the first between leaders of the two countries—was meant to show the promise of more co-operation.  Awkwardly, though, Taiwan’s economy is in a slump. GDP shrank by 1% year on year in the third quarter, its first contraction since 2009. Last year Taiwan grew by 3.8%. * * * Yet other export-driven economies in Asia such as South Korea and Singapore are not suffering as much.

"The benefits from Taiwan’s rapprochement with China appear to be topping out. * * * One interpretation is that Taiwan is simply a victim of China’s slowing growth. But there is widespread concern that something deeper is at work * * * 'red supply chain' * * * Until a few years ago, the economic relationship between China and Taiwan was symbiotic. * * * But this complementarity has given way to competition. * * * Taiwanese firms with operations in China are themselves buying more materials and machinery from Chinese suppliers.

Note:
(a) straitened (adj): "characterized by poverty"
www.oxforddictionaries.com/us/de ... _english/straitened
(b) "Taiwanese firms with operations in China are themselves buying more materials and machinery from Chinese suppliers."

Without more, it is hard to tell from what companies Taiwanese firms in China buy. Not necessarily Chinese-owned companies. Could be owned by Taiwanese, Americans. Who knows.
(c) Jonathan Soble, A Slowing Economy in China Stings Japanese Business, Too. New York Times, Nov 17, 2015
(With 2Q15 GDP annualized growth rate at -0.8%, Japan in recession , again)
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板凳
 楼主| 发表于 11-17-2015 16:21:35 | 只看该作者
(3) 預言2016總統?《經濟學人》封面有小英 卻不見朱立倫. 三立新聞網, Nov 16, 2015 (breaking news).
http://www.setn.com/News.aspx?NewsID=106853&ProjectID=123

Note: In November each year, separate from the weekly “newspaper” The Economist publishes the annual "The World in [the next year]."
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