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Growing number of mainland Chinese would rent homes rather than buy amid economic downturn, analysts

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Linda Chen, 28, sold her 70 square metre (753 sq ft) home in China’s eastern Hangzhou city for a discount of about 300,000 yuan (US$41,963) and moved into a rented unit of similar size with her husband in December, after paying around 9,000 yuan in monthly mortgage payments for years. Even after several rounds of mortgage ratio cuts introduced by the authorities last year, the couple still needed to pay more than 7,000 yuan per month, which triggered their decision to sell. Read More...

How will China respond to US Navys shipbuilding push with South Korea, Japan?

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“So there are opportunities I think that we can pursue, and we need to keep open-minded about those opportunities.” Del Toro visited South Korea and Japan in February, touring facilities run by South Korean shipbuilding giants HD Hyundai Heavy Industries in Ulsan and Hanwha Ocean Co Ltd in Geoje Island, as well as a Japanese shipyard run by Mitsubishi in Yokohama. 02:53 China-Russia joint air patrols spark security concerns in South Korea, Japan Read More...

'Where the World Ends' is a gripping tale of survival and friendship [Book Review] - YP

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Where the World EndsBy Geraldine McCaughreanPublished by UsborneISBN 978 1 4749 4343 7 St Kilda is a small group of bleak, rocky islands in the Atlantic Ocean, 160km miles off the north coast of Scotland. These inhospitable islands, known as “the islands at the edge of the world”, are the remotest part of the British Isles. The largest St Kilda island is called Hirta, and a community lived there for hundreds of years until 1930, when the remaining inhabitants requested the Scottish Government relocate them. Read More...