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NEW YORK: Selling Yugoslav furniture in America prepared Emil Gaspari for an unlikely life as a wine promoter.
Hong Kong boasts a free flow of information, trade and capital, as well as rule of law, in line with international standards but has been rocked by anti-government protests. Shenzhen operates under a hybrid market and state-directed system, but Beijing is keen to turn the tech hub into a modern ‘socialism with Chinese characteristics’ city.
SHENZEN: China will support Shenzhen, adjacent to Hong Kong, in building a pilot demonstration zone for socialism with Chinese characteristics, under a guideline issued on Sunday (Aug 18) by the Central Committee of the Communist Party of China and the State Council.
The pending Nasdaq debut of China’s Luckin Coffee Inc begs the question of whether it’s a purveyor of beverages, or a technology company.
AS we move deeper into the 21st century, a new generation has emerged today to take over. It’s Generation Z, which includes persons born between 1995 and 2002 – also termed iGen by US psychologist Jean Marie Twenge, author of the bestselling: “iGen: Why Today’s Super-Connected Kids Are Growing Up Less Rebellious, More Tolerant, Less Happy – and Completely Unprepared for Adulthood – and What That Means for the Rest of Us.”
Having visited Washington DC, London and Beijing in the last fortnight, the eerie feeling is a perspective of confused existentialism. In Washington, the mood is “My Way or No Way”; in London, “If Brexit, May Exit”, and in Beijing, “One Belt, One Road”.
WHAT do we mean by social progress? That is the theme explored by the International Panel on Social Progress, a group of over 300 academics, including Nobel Laureate Amartya Sen. After four years of work, its report has finally been published last month by Cambridge University Press, with a useful summary at www.ipsp.org.