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Even we need to cope with Brexit

Cheming Yang

This year is set to be the starting point of EU and UK parting their ways. Brexit is going to work like a divorce for both parties in the sense that it will not be pretty. However, how much this divorce will affect their slightly far removed neighbors in the global village, like us, remains to be seen. Continue reading

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Prospect of 2017

Cheming Yang

If you might recall that my conclusion for 2016 is that the monkey year was on soft landing and stagnant economically at best. Then what is expect of the 2017? 2017 is rooster on Chinese zodiac. Rooster is supposed to be diligent in that it has to rise early to set up the tone for the whole day. The downside is that rooster cannot fly. I am not trying to sound like an astrologist. But rooster might just be omen of what 2017 is going to look like economically. In plain English, the economy in the great Chinese circle is looking up as compared with the previous year but unlikely to be bullish by all means. Continue reading

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Reflection on 2016

Cheming Yang

It is said that 2016 is full of black swans worldwide. But for the Chinese communities, 2016 is still on soft landing economically without much surprise. The GDP growth rate is around 1.2% in Taiwan and that is 6.7% for China. The growth rate is 0.7 percent for Taiwan and 6.9% for China in 2015. Taiwan has done a little better but still hovered at a very low level. China is holding stable but the downward trend has not stopped. Continue reading

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