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Dong Yu on why ‘every chapter’ of China’s 5-year plans boils down to income

Dong Yu has been executive vice-president of the China Institute for Development Planning at Tsinghua University since 2019. Before joining academia, he held senior positions in several of China’s major economic decision-making bodies, including the National Development and Reform Commission and the Office of the Central Financial and Economic Affairs Commission.
He has been part of the teams that drafted several of the country’s economic blueprint documents, including the 11th, 12th and 13th…

ETF Fundamental Report for RSP

Below is Validea’s ETF fundamental report for Invesco S&P Equal Weight ETF (RSP). The report looks at RSP’s exposure to the major investing factors including value, quality, momentum and low volatility.
Invesco S&P Equal Weight ETF (RSP) is a Large-Cap Multi-Fa

China’s micro-drama craze turns idle real estate projects into lavish film sets

In Xingyang, Henan province, a long-stalled project by Evergrande – the world’s most indebted real estate developer – lays bare two sharply contrasting realities.
On social media, frustrated buyers who paid for their long-promised flats years ago plead for updates on their unfinished homes. Meanwhile, the project’s lavish sales hall has found a new lease of life: under its glittering chandeliers, production crews shoot family feuds and love triangles for China’s booming micro-drama industry.
The…

Chinese tourists splash the cash in Japan as weak yen drives travel surge

When Ding Xiaohan, a software engineer from Shanghai, took her 18-year-old son to Japan for a weeklong holiday this summer, she did not hold back.
The 47-year-old spent freely as they explored the affluent neighbourhood near the Tokyo Tower and the tea-producing city of Shizuoka, splashing out on sushi lunches, barbecue dinners and dolls modelled on iconic Studio Ghibli anime characters.
“Japanese food and merchandise are different, higher quality – like if you buy clothing it’s more…
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