The Double Take column looks at a single topic from an African and Chinese perspective.This month,we discuss how to understand the growing emphasis on emotional returns among young people.Emotional value has emerged a...The Double Take column looks at a single topic from an African and Chinese perspective.This month,we discuss how to understand the growing emphasis on emotional returns among young people.Emotional value has emerged as a central force shaping youth decision-making across work,consumption,relationships and lifestyle choices.Unlike traditional economic rationality that prioritises income and material security,emotional value focuses on how choices make individuals feel and how they align with personal meaning.This shift is particularly evident in rapidly transforming societies such as China and Ghana,where economic restructuring,globalisation and social change have reshaped pathways to adulthood.展开更多
The growth of fixed assets investment in China soared to a high record in the first quarter of 2004 after gross domestic product （GDP） bounced substantially in 2003. A bubble is emerging posing threats to Chinese ec...The growth of fixed assets investment in China soared to a high record in the first quarter of 2004 after gross domestic product （GDP） bounced substantially in 2003. A bubble is emerging posing threats to Chinese economic development. In order to cool down the overheated investment, Chinese government should promptly take effective measures in macroeconomic control to limit or guide the red-hot investment in some sectors and slow down its growth, thus implements the changes from administrative-driven investment to enterprise-driven investment and from investment-driven economic growth to consumption-driven growth.展开更多
文摘The Double Take column looks at a single topic from an African and Chinese perspective.This month,we discuss how to understand the growing emphasis on emotional returns among young people.Emotional value has emerged as a central force shaping youth decision-making across work,consumption,relationships and lifestyle choices.Unlike traditional economic rationality that prioritises income and material security,emotional value focuses on how choices make individuals feel and how they align with personal meaning.This shift is particularly evident in rapidly transforming societies such as China and Ghana,where economic restructuring,globalisation and social change have reshaped pathways to adulthood.
文摘The growth of fixed assets investment in China soared to a high record in the first quarter of 2004 after gross domestic product （GDP） bounced substantially in 2003. A bubble is emerging posing threats to Chinese economic development. In order to cool down the overheated investment, Chinese government should promptly take effective measures in macroeconomic control to limit or guide the red-hot investment in some sectors and slow down its growth, thus implements the changes from administrative-driven investment to enterprise-driven investment and from investment-driven economic growth to consumption-driven growth.
