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Big Cities High Rent Prices. First Ep.

From this week we will be comparing life in 6 major cities around the world: Shanghai, Chengdu, Singapore, London, Tokyo, New York. This week we will look at rent prices. Shanghai – real estate is one of the costly things. In recent two – three years people with middle income must contribute one third of their income to […]

China and Southeast Asia: The World In Recession

Let’s talk about economics, to be more precise about recession. There are so many debates between economists:  what causes, how to prevent or recover from recession, but everyone agrees on that it is a cycle of healthy reaction of economic growth. Recession:  “a significant decline in economic activity spread across the economy, lasting more than […]