China Focus: Booming city clusters, new growth engines_News_Icrosschina

Nanjing Road pedestrian mall, perhaps the busi...

Nanjing Road pedestrian mall, perhaps the busiest retail street in the city, in the pre-merger Huangpu district (Photo credit: Wikipedia)

This is an important story from China‘a leading media source, News Icrosschina. It’s a recommended read. Check it out!

via China Focus: Booming city clusters, new growth engines_News_Icrosschina.

The article speculates that ‘city clusters’ will provide a new growth engine for China.

Accelerated growth, or indeed avoiding a bumpy landing, will have a profound impact on World growth and stability. Let’s hope that ‘city clusters’ work out.

Thoughts?

Growing pains in rising but fragile China – People’s Daily Online

English: Logo of the People's Daily 中文: 人民日报题字

English: Logo of the People’s Daily 中文: 人民日报题字 (Photo credit: Wikipedia)

This is the most read article in China’s leading newspaper, the People’s Daily.

via Growing pains in rising but fragile China – People’s Daily Online.

No doubt most of China is focusing on the Shanghai new year’s eve tragedy. It is likely that China’s leaders will focus more on internal challenges in 2015.

Thoughts?