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18 Jul 2022 08:25:45 UTC
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Radio Sound of Hope: Asia Cast Saturday 27th June - SOH
I didn't wanna leave out the one that mentions Michael Jackson's death...

Sound of Hope Radio allowed me to upload some of their Radio broadcasts. Their english program is actually quite broad and they have many news broadcasts. I can only upload a little, so check out their website: http://sohnetwork.com

In this Bulletin

- Chinas economic recovery; too good to be true?;
- Hu Jia nominated for Nobel Peace Prize for second year running; and
- The cause of Michael Jacksons death remains unknown.

But first, heres our SOH focus on China
**********************

Chinas economy may not have actually entered into recovery as Beijing would like many foreign investors to think, says The Epoch Times.

This despite a much lauded four trillion yuan (US$585 million) economic stimulus plan.

While the plan has meant Chinas banks granted more loans in three months than in the whole year of 2008, stocks have soared and the real estate market has seen a big first quarter increase. Some financial experts are warning that Chinas economy is merely experiencing a brief surge that will overexcite the market and create problems in the long-term.

Xu Xiaonian is one of these critics, he said efforts to stimulate investment in China are only aggravating the underlying imbalance that caused the crisis in the first place.

**********************

Asia Cast keeping you across the top headlines from Asia and the World.
...
https://www.youtube.com/watch?v=3SeJ4PGNfEI
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video/mp4
Language
English
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