Foreign buying of Vancouver real estate: Beware the siren call of sovereignty
admin June 20, 2018 0 COMMENTSIn the on-going debate over Metro Vancouver’s housing challenges, the Vancouver Sun’s populist columnist, Douglas Todd, has once again played the nationalism card. In a June 7 comment, Todd warns that Canadian sovereignty is under threat from a lawsuit filed by some foreigners against the British Columbia government for imposing a tax on their purchase of homes […]
READ MORENg Weng Hoong, OnePacificNews, Wednesday, February 28, 2018 Could Canada, with the right approach and rules, turn the ‘problem’ of global capital seeking safe havens into a solution for the housing and infrastructure needs of its rapidly-growing cities? Since 2008, the world has been hit by a tsunami of money created out of nothing by […]
READ MOREA day after the April 26 launch of the Hong Kong Studies Initiative (HKSI) at Canada’s University of British Columbia (UBC), the Hong Kong police force stepped up its crackdown on China’s critics with the arrest of nine elected officials and independence promoters. A week later, three pro-democracy activists and former Hong Kong governor Chris Patten […]
READ MOREChina, The Wild Card In The Israel-Palestine Peace Process
Weng Hoong Ng February 28, 2017 0 COMMENTSWith an unpredictable celebrity running the White House, the Middle East will soon be dealt another wild card: China as a player in the Israel-Palestine peace talks. Like Donald Trump who started the 2016 US presidential race as a 100-to-1 dark horse, China’s potential role in the world’s most protracted territorial dispute has barely registered […]
READ MORECampaigners celebrate plunge in Chinese buying of Vancouver real estate. What about the cost to the economy?
One Pacific News Editor September 23, 2016 0 COMMENTSSeptember 23, 2016 Success! Those seeking to reduce foreign, especially Chinese, buying of Vancouver’s real estate are celebrating the latest set of data showing their hard work is paying off. Foreigners bought only 60 properties to account for a mere 0.7% of all Metro Vancouver sales in August, down sharply from the historical norm of […]
READ MOREISSCO in Canada: At Chinese diaspora conference, scholars will ponder impact of China events
One Pacific News Editor July 4, 2016 0 COMMENTSOnePacificNews, July 4 2016, Monday Amid a reported new round of tightening on academic freedom in China, around 50 scholars from some of its universities will be forced to miss this week’s triennial conference in the western Canadian city of Richmond to exchange research findings on Chinese communities around the world. The scholars from China […]
READ MOREVancouver doesn’t have the world’s second most unaffordable housing: The art of selling a crisis
One Pacific News Editor October 8, 2015 1 COMMENTBy NG WENG HOONG, October 8 2015, Thursday Every city has its own urban legend: Vancouver’s fantasy over the last few years is that it has the world’s second most unaffordable housing. On the back of this piece of unchallenged, unverified scare story, Canadian opinion makers and media have been portraying a city pushed to […]
READ MOREChina’s stock market blow-up: the beginning of the collapse or just another speed bump?
One Pacific News Editor July 9, 2015 0 COMMENTSOnePacificNews, July 8, 2015, Wednesday According to Bloomberg, the Shanghai Composite Index lost nearly 32% of its value over the past month, wiping out more than US$3.3 trillion in shareholder value on its way down from 5,132 points on June 8 to 3,507 points on July 8. Add this to the unfolding problems in Greece, […]
READ MOREUS vs China: At least they’re still talking to each other, and playing football
One Pacific News Editor June 26, 2015 0 COMMENTSPhoto source: FIFA OnePacificNews, June 25 2015 It’s USA vs China all week, starting with the 7th US-China Strategic and Economic Dialogue in Washington DC from Monday, June 22 to Wednesday, and ending in Ottawa June 26, Friday with their women’s national soccer teams squaring off for a semi-final place in the World Cup. Hundreds […]
READ MOREWhat if Canada succeeds as a major Renminbi clearing hub?
One Pacific News Editor June 25, 2015 0 COMMENTSPhoto source: www.MildChina.com Canadians face choice to welcome or oppose China’s growing influence and investment funds By NG WENG HOONG OnePacificNews, June 25, 2015, Thursday Amid the growing debate over China’s influence in Canada, an estimated 200 delegates attended the June 16 inaugural Pacific Finance & Trade Summit in Vancouver to promote Canada as a […]
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