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China’s dead supermarkets

Young Chinese businesses, free of government control, are the future

The streets of Beijing are just as bustling as ever. People are lining up at the restaurants in the city centre’s shopping malls, even though it’s way past lunchtime. On the surface, there is little sign that China’s economy is in trouble, or that daily life and jobs here are affected. Home prices are still high— way beyond what the average Beijing salary could afford.

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About Prospect Magazine

In Prospect’s March issue: Peter Pomerantsev describes the situation in Eastern Europe as the governments of Hungary and Poland turn right. Simon Tilford, from the Centre for European Reform, questions the substance of David Cameron’s EU deal and Philip Collins argues that Jeremy Corbyn is not fit for purpose. Also in this issue: Peter Kellner shows us that we are feeling more optimistic than during the last stages of the last Labour government and Jessica Abrahams explores the sexism of Valentine’s Day. Plus Justice Malala on South Africa and the Prospect Duel asks: "Should all immigrants learn English?"
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