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Wednesday, June 12, 2024

A Small but Significant Item of News from China

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Graham Perry
Graham Perry
Experienced Arbitration Lawyer | China & Chinese Business Affairs | Public Speaker/Lecturer.

Much news about China – a speech on China by Biden to the State Dept; information of China’s new harder line on bankruptcies; completion of optic undersea cables with Pakistan. Also in Beijing 7 new subway lines will begin operations in 2021.

China is increasingly prosperous. Its people see a better lifestyle all around them. Incomes are rising. Shops are open. Covid-19 was quickly controlled. People feel safe.

There will always be moans; disputes about planning permissions; which Provinces to benefit from investment; facilitating job opportunities for graduating students.

But seven new subway lines strike a chord. Imagine if Northern/ Jubilee/Central/Bakerloo/Circle/District/Victoria all commenced in the same year. China’s 7 will be smaller as there is an existing network but 7 is still 7. Things have come a long way since 1949 when China was labelled “The Sick Man of Asia”.

Progress has to be good for the people.

An announcement coming re of my China website + the setting up of a new website on Dispute Resolution

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