PRC pilots demand same pay as foreign pilots
Headquartered in Beijing, Air China operates more than a thousand flights on peak travel days. (6 May) Given the country's aviation boom and pilot shortage, you might think this would be a good time to be a pilot in China. According to an open letter from pilots making the rounds on Chinese media, however, major issues within...
Nomura analysts: China’s property bubble has burst
(6 May) Economists at Nomura have made their call: China's property bubble has burst, they say, and the country's economy could slow dramatically unless Beijing steps in with new stimulus measures. "It is no longer a question of 'if' but rather 'how severe' the property market correction will be," three of the bank's analysts...
Rising rent, worker shortage threaten rich SG food culture
(28 April) The Hong Kong Jin Tian Eating House in Singapore has stopped selling the savoury roast duck and pork ribs that drew crowds for a generation, the latest to close down due to escalating rents and difficulty in finding workers. The eatery run by Yip Chan Yuk Ying, a Hong Kong-born Singapore citizen, shut its doors...
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