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TAY TIAN YAN China overtaking Japan?

maxgam — Thu, 19 Aug 2010 10:01:23 +0000

TAY TIAN YAN China overtaking Japan?

2010-08-19 17:09

By TAY TIAN YAN
Translated by DOMINIC LOH

Where world economy is concerned, August 16, 2010 will go down history as a significant date.

On this day, Japan quietly ceded to China the coveted title as the world’s second largest economy which it had held for four decades.

China’s GDP officially overtook Japan in the second quarter of this year to become the world’s second largest.

Sure enough the United States will remain the Big Brother until at least 2025, when it is expected to get dethroned by the Asian giant.

Over the past two decades, China’s economy has been expanding at impressive double-digit annual rates compared to the lacklustre Japanese economy hovering at around the 1% level since 1990.

In economics, GDP measures the combined market values of all the products of a country within a specific period of time, and can vaguely reflect the size of that country’s economy.

With the Chinese economy now larger than Japan’s, it shows that China’s economy and national strength have experienced a tremendous lift, as well as signifies a remarkable shift in global economic prowess and influences.

From historical point of view, perhaps many Chinese will take delight in such a shift as if the humiliation suffered during the past century would now be obliterated and taken over by glory and pride.

I would nevertheless choose to look at things from more pragmatic perspectives.

The phenomenal growth of GDP should not just bring a sense of vanity, more importantly it must also lift the living standards of China’s billion-strong population.

Of course, it is essential that we strive to get a better understanding of the true significance of GDP growth instead of getting carried away by the superficial number game.

China’s GDP has been established upon the productivity of some 1.3 billion people. If we divide that figure by 1.3 billion, all we get is the per capita GDP, which is short of a tenth of Japan’s and ranked beyond 100 in the world.

We can see from this angle that even as China is a wealthy nation, it is made up of mostly poor people.

Moreover, a second ranking in GDP does not denote that China is now the world’s second most powerful nation.

As a matter of fact, China’s economy is still very much at the bottom of the economic chain, relying largely on an abundance of inexpensive labour to churn out a multitude of low-cost products. Such a growth model may not be sustained, and often achieved at the expense of the environment and quality of life.

In the latest issue of Newsweek, China has been ranked 59 among a hundred odd countries in the world based on hygiene, economic vibrancy, education, political environment and quality of life.

China is still poorly ranked in terms of political openness and quality of life, not something a real global power should boast.

Small countries such as Finland, Switzerland, Sweden and Australia, on the other hand, enjoy very high per capita incomes and excellent quality of life despite their relatively small GDP. This is what we should really explore.

Sin Chew Daily

keep your children eyes healthy

maxgam — Thu, 11 Jun 2009 11:03:48 +0000

It is the 14th loving eyes day of the whole country on June 6, the theme of this year is that ” it is healthy to pay close attention to teenagers’ eyes “. The reporter has visited some middle and primary schools in our city and found, near-sighted crowds of teenagers are very huge, the children of some classes and half had a class and all took the glasses, once followed the eye exercise that several generations grew up and stopped in some schools too. Some anxious parents propose wondering why parents are not near-sighted, but the child wears the glasses at an early age.

On June 8, the reporter sees, the most eyesight of the children are healthy when the lotus pool kindergarten of the city interviews, the near-sighted proportion is quite small, there are specific children too to use the eyes habit to be improper, and is taking the strabismus and correcting the glasses. City west river way Zhang Lan Mr. of primary school say: “Grade one does not generally have myopia, the section of high grade but in reaching, the classmates who wear glasses have more and more, all wear the glasses after reaching nearly 1/3 of the classmates of classes of grade 56. “The careless teacher of one form master of Senior One’s grade of high school of Nanchong tells reporters more severe current situations, his class costs 74 students altogether, about 40 students all wear the glasses.

The dance phoenix primary school in the outskirts, teacher Jiang Yang tells reporters basically the classmates without myopia in the school, the reason why she analyzes is because there is many time that the children play at ordinary times, the study pressure not as large as urban child, indulge in electricity It is few to look at with the child of the network.

According to the happy introduction of Sichuan north associate professor of medical college Wu, lead to the fact the reason why teenagers are near-sighted is heredity and environment, if parents are highly near-sighted (more than 600 degrees), the hereditary risk is up to more than 50%, the ones that mainly pointed in environment used the factor not scientific of eyes, for example read to write lying prone and read on foot, the computer or time of watching TV is longer that the children of some families spend at home, parents have not found and reminded in time either. Have not caused the attention at time at child’s pseudo-myopia, transfer to genuine again quickly near-sightedly, it is more difficult to correct.

The expert proposes, school and parents should standardize children and read in the posture that writes to surf the Net and distance that watch TV, limit the time that the child watches TV, uses the computer; Encourage children to overlook to the distant place after an hour, relax eye muscles; In addition it is the outdoor sports to preventing a near-sighted and very beneficial one, train children to play interests such as badminton, table tennis,etc., not only let children not indulge in the network, TV, still can temper eyesight.

World of Warcraft offical site warcraftchina.com

maxgam — Sun, 07 Jun 2009 05:11:12 +0000

Blizzard and Netease CEO Ding Lei announced the official website opening of Warcraft
Blizzard CEO Mike Morhaime and Netease CEO Ding Lei joint today officially announced that “World of Warcraft” new official website, “World of Warcraft” warcraftchina.com the new website will debut the official. Warcraftchina.com release will be the “World of Warcraft” news platform.

They said the early morning of June 7 from 00:01, “World of Warcraft” has been transferred to the Netease – the new partner of Blizzard Entertainment in China, Netease’s new partner. As part of the transition , “World of Warcraft” servers will be suspend from June 7 for some time.
At present, the “World of Warcraft,” the former official website (wowchina.com) has just closed, wowchina.com domain name has been Jumped to terminate operation of the transition of Warcraft website (wow.the9.com), is mainly responsible for the site the9 Magic refund a player’s card.

SNS webgames to be the NO-1 online game

maxgam — Sat, 06 Jun 2009 08:49:29 +0000

We all know that Chinese young Internet users are crazy about online games, which makes many Chinese online gaming company to successfully go IPO in the US. With recent SNS hype, many people are thinking about opportunities of monetizing SNS by offering online games, esp. web-based games.

We find that the big Company Sohu is now opening its SNS named as baishehui bai.sohu.com